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    Sprott Physical Uranium Trust Announces Upsized US$200 Million Bought Deal Financing

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    Sprott Physical Uranium Trust

    Jun 16, 2025, 09:15 ET

    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./

    TORONTO, June 16, 2025 /CNW/ - Sprott Inc. (NYSE: SII) (TSX: SII) ("Sprott") on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) ("SPUT" or the "Trust") is pleased to announce that as a result of strong investor demand, the Trust has amended its agreement with Canaccord Genuity Corp. (the "Underwriter"), pursuant to which the Underwriter has agreed to purchase 11,600,000 units of the Trust (the "Units") at a price of US$17.25 per Unit (the "Offering Price") for aggregate gross proceeds of US$200,100,000 (the "Offering"). The net proceeds per Unit to be received by the Trust will be not less than 100% of the most recently calculated net asset value of the Trust per Unit prior to the determination of the pricing of the Offering.


 
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(20min delay)
Last
$4.32
Change
0.240(5.88%)
Mkt cap ! $1.028B
Open High Low Value Volume
$4.20 $4.35 $4.11 $5.038M 1.176M

Buyers (Bids)

No. Vol. Price($)
1 120 $4.30
 

Sellers (Offers)

Price($) Vol. No.
$4.34 4000 1
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Last trade - 16.11pm 25/06/2025 (20 minute delay) ?
SLX (ASX) Chart
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