Sprott Physical Uranium Trust Provides Update on Application for U.S. Stock Exchange Listing

This news release constitutes a “designated news release” for the purposes of the Sprott Physical Uranium Trust’s prospectus supplement dated November 22, 2021 to its second amended and restated short form base shelf prospectus dated November 22, 2021.

TORONTO, April 27, 2022 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“ Sprott Asset Management ”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN and U.U) (the “ Trust ” or “ SPUT ”), announced today that it has been informed that the U.S. Securities and Exchange Commission (“ SEC ”) has declined to consider the application submitted earlier this year in respect of a U.S. stock exchange listing for the units of the Trust.

“Unfortunately, we have been informed that the SEC has rejected the application to list the units of SPUT on the NYSE Arca at this time. We understand the rejection was based on the Trust not […]

Click here to view original web page at finance.yahoo.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.