The Toronto Stock Exchange reports that Sprott Physical Uranium Trust will list up to an additional $125-million (U.S.) of trust units. According to the TSX, the listing will cover units to be sold to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.

The TSX notes that the ATM sales will be made directly on the TSX or any other existing trading market in Canada, during the period commencing on Nov. 20, 2023, and ending upon the earlier of the distribution of all units or the termination of the amended and restated sales agreement dated Aug. 16, 2021, as amended and restated on Sept. 13, 2021, as further amended on Nov. 22, 2021, and as further amended on Sept. 8, 2023. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.

For more information, see the prospectus supplement dated Nov. 20, 2023, to the trust's short form base shelf prospectus dated Sept. 7, 2023.