SPPP Overview

Sprott Asset Management Updates Equity Program: Sprott Asset Management has announced an update to its at-the-market equity program, allowing the issuance of up to $250 million in units of the Sprott Physical Platinum and Palladium Trust in the U.S. and Canada.

Sales Agreement and Distribution Details: The sales will be conducted through various agents on the NYSE and TSX, with proceeds intended for acquiring physical platinum and palladium bullion, subject to the Trust's investment objectives and restrictions.

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, effective September 9, 2025.

Sales Agreement Details: The sales of units will be conducted through agents on the NYSE and TSX at market prices, with proceeds intended for acquiring physical platinum and palladium bullion, adhering to the Trust's investment objectives.

Gold Prices Surge: Spot gold prices reached a new all-time high of $3,546.99 per ounce, surpassing the previous record of $3,500, with other precious metals like silver and platinum also experiencing significant increases.

Central Bank Trends: For the first time in nearly three decades, global central banks now hold more gold than U.S. Treasuries, driven by geopolitical uncertainties and a desire to reduce reliance on the U.S. Dollar, amid concerns over political interference in U.S. monetary policy.

Commodity Stocks Surge: Commodity stocks are experiencing significant growth, with notable increases in their Growth scores according to Benzinga’s Edge Stock Rankings over the past week.

Top Performers: Key commodities stocks showing remarkable Growth metric improvements include Sprott Physical Platinum and Palladium Trust, Artemis Gold Inc., First Majestic Silver Corp., and Prairie Operating Co.

Sprott Trust Highlights: The Sprott Physical Platinum and Palladium Trust saw its Growth score leap from 24.43 to 99.61, driven by investor interest in precious metals as a hedge against inflation.

Artemis Gold's Transition: Artemis Gold Inc. has transitioned from developer to producer, resulting in a 66.21 point increase in its Growth score, reflecting the rising demand for gold and a year-to-date stock increase of 99.36%.

Gold's Performance and Market Concerns: Gold has surged over 25% in the first half of 2025, driven by geopolitical tensions and a weakening U.S. dollar, but analysts warn it may be overpriced due to fear rather than fundamentals.

Rise of Alternative Precious Metals: Other metals like silver and platinum are gaining traction as investors seek alternatives; ETFs tracking these metals are becoming popular amid expectations of Fed rate cuts and ongoing inflation risks.

Sprott Asset Management Update: Sprott Asset Management announced an update to its at-the-market equity program, allowing the issuance of up to $100 million in units of the Sprott Physical Platinum and Palladium Trust in the U.S. and Canada, aimed at acquiring physical platinum and palladium bullion.

Sales Agreement Details: The sales will be conducted through various agents on the NYSE and TSX, with specific regulations regarding where units can be sold, and the offering is supported by a prospectus supplement detailing investment objectives and associated risks.