Article contentCaution Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, investor demands for Units, statements regarding the ATM Program, including the intended use of proceeds from the sale of Units, any ...

Core Viewpoint - Sprott Asset Management has announced an update to its at-the-market equity program, allowing the issuance of up to U.S.$1 billion of units of the Sprott Physical Silver Trust in the U.S. and Canada [1][4]. Group 1: Equity Program Details - The updated at-the-market equity program will be executed under an amended sales agreement, with various agents involved in the process [2][3]. - Sales of units will occur at market prices on the NYSE Arca and the Toronto Stock Exchange, with the timing and volume of distributions determined at the Trust's discretion [3][4]. Group 2: Use of Proceeds - Proceeds from the equity program are intended to be used for acquiring physical silver bullion, aligning with the Trust's investment objectives [4]. Group 3: Regulatory Compliance - The offering is made pursuant to a prospectus supplement filed with the SEC and Canadian securities authorities, ensuring compliance with regulatory requirements [5][6]. Group 4: Company Background - Sprott Asset Management is a subsidiary of Sprott Inc., specializing in precious metals and critical materials investments, with a focus on providing specialized investment strategies [8].