02 February 2016

NAV Premiums of Certain Precious Metal Trusts and Funds

Having completed the acquisition of the Central Gold Trust, the Sprott Physical Gold Trust now reflects that additional bullion and the cash assets obtained through the transaction through the disposition of bullion.

Obviously the Central Gold Trust is no longer listed and has ceased to exist.

The Sprott Silver Trust has sold some bullion to raise cash and is now well funded.

The Central Fund must address their cash position, either through a bullion sale or a secondary offering.