Sprott Physical Uranium Trust Raises US$25.55 Million Through Non-Brokered Private Placement

TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) ("Sprott") on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) ("SPUT" or the "Trust") today announced that SPUT has completed a US$25.55 million non-brokered private placement of trust units. The proceeds are expected to be used to cover general operating expenses of the Trust for the next year. "We launched SPUT with the objective of providing investors with the most liquid and efficient way to invest in physical urani ...