Sprott Physical Platinum and Palladium Trust Revises Its "At-the-Market" Equity Initiative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 08 2025
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Source: Globenewswire
ATM Program Update: Sprott Asset Management announced an update to its at-the-market equity program, allowing the Sprott Physical Platinum and Palladium Trust to issue an additional U.S.$100 million in units in the U.S. and Canada, with distributions governed by a new sales agreement.
Investment Strategy: The Trust plans to use proceeds from the ATM Program to acquire physical platinum and palladium bullion, aligning with its investment objectives and subject to operational restrictions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
