The Toronto Stock Exchange reports that Sprott Physical Silver Trust will list additional units. As stated in its prospectus supplement dated May 2, 2025, to the short form base shelf prospectus dated May 1, 2025, the trust is issuing up to $1-billion (U.S.) of units to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.

According to the TSX, the ATM sales will be made directly on the TSX, NYSE Arca Inc., or any other existing trading markets in the United States and Canada, during the period commencing May 2, 2025, and ending upon termination of the amendment No. 1 dated May 2, 2025, to the amended and restated sales agreement dated Dec. 6, 2024. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.