Silver Bullion TR (SVRZF) 8.2300 $SVRZF
Silver Bullion Trust Provides Sprott Litigation Update
Marketwired - Thu Jul 02, 5:13PM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) today provided an update to unitholders on the application commenced by SBT and Central GoldTrust on June 24, 2015 in the Ontario Superior Court of Justice (Commercial List), naming as respondents Sprott Asset Management Gold Bid LP ("Sprott Gold", Sprott Asset Management Silver Bid LP, Sprott Asset Management LP, Sprott Physical Gold Trust and Sprott Physical Silver Trust (collectively, "Sprott".
PHY-U.TO: 9.55 (+0.01), SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Issues Letter to Unitholders; Continues to Recommend Rejection of Sprott Offer
Marketwired - Tue Jun 30, 4:40PM CDT
Dear Fellow Unitholders,
Central GoldTrust Commences Legal Proceeding Against Sprott in Connection With Its Hostile Take-Over Bid
Marketwired - Wed Jun 24, 1:59PM CDT
Central GoldTrust ("CGT" (TSX: GTU.UN) (C$) (TSX: GTU.U) (US$) (NYSE MKT: GTU) (US$) today announced that it has commenced a legal proceeding with Silver Bullion Trust against Sprott Asset Management Gold Bid LP ("Sprott Gold", Sprott Asset Management Silver Bid LP, Sprott Asset Management LP, Sprott Physical Gold Trust and Sprott Physical Silver Trust (collectively, "Sprott", in the Ontario Superior Court of Justice.
PHY-U.TO: 9.55 (+0.01), GTU: 40.57 (+0.07), GTU-UN.TO: 51.34 (-0.37), GTU-U.TO: 40.60 (+0.04)
Silver Bullion Trust Commences Legal Proceeding Against Sprott in Connection With Its Hostile Take-Over Bid
Marketwired - Wed Jun 24, 1:53PM CDT
Silver Bullion Trust ("SBT" (TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) today announced that it has commenced a legal proceeding with Central GoldTrust against Sprott Asset Management Silver Bid LP ("Sprott Silver", Sprott Asset Management Gold Bid LP, Sprott Asset Management LP, Sprott Physical Silver Trust and Sprott Physical Gold Trust (collectively, "Sprott", in the Ontario Superior Court of Justice.
SBT-U.TO: 8.10 (-0.40), GTU: 40.57 (+0.07), SBT-UN.TO: 10.61 (-0.10)
IIROC Trade Resumption - Silver Bullion Trust
Newsfile Corp - Wed Jun 24, 7:33AM CDT
Trading resumes in:
IIROC Trade Halt - Silver Bullion Trust
Newsfile Corp - Wed Jun 24, 7:30AM CDT
The following issues have been halted by IIROC:
Silver Bullion Trust Adopts Significantly Enhanced Cash Redemption Feature and Continues to Recommend That Unitholders REJECT the Sprott Offer
Marketwired - Wed Jun 24, 7:21AM CDT
Silver Bullion Trust ("SBT" (TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) today announced the adoption of an enhanced cash redemption feature. The new feature, which will be effective upon the later of receipt of required regulatory approvals or July 14, 2015, will allow ALL Unitholders to redeem their SBT Units AT ANY TIME for cash in the amount of 95% of Net Asset Value ("NAV", based on the average published NAV of SBT for the five trading days following the notice of redemption.
SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Polar confirms deposit to Sprott exchange offers and supports the Sprott initiative for change at Central Fund of Canada
CNW Group - Wed Jun 17, 2:30PM CDT
Polar Securities Inc. ("Polar" announced that it has deposited 1,095,231 units of Central GoldTrust ("CGT"(TSX:GTU-U; NYSE MKT:GTU) and 554,500 units of Silver Bullion Trust ("SBT"(TSX:SBT-U) to the exchange offer announced by Sprott Asset Management LP ("Sprott" on April 23, 2015. The units deposited represent 5.7% and 10.1% of the issued and outstanding units of CGT and SBT, respectively.
SBT-U.TO: 8.10 (-0.40), GTU: 40.57 (+0.07)
Silver Bullion Trust Responds to Misleading Statements from Sprott; Continues to Recommend that Unitholders REJECT the Sprott Offer, TAKE NO ACTION and DO NOT TENDER Units to the Sprott Offer
Marketwired - Tue Jun 16, 6:52AM CDT
Silver Bullion Trust ("SBT" (TSX: SBT.UN)(Cdn.$) and (TSX: SBT.U)(U.S.$) today responded to the misleading statements made by Sprott in their press release dated June 11, 2015.
SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Files Trustees' Circular and Recommends That Unitholders REJECT the Sprott Offer, TAKE NO ACTION and DO NOT TENDER Their Units to the Sprott Offer
Marketwired - Tue Jun 09, 6:51AM CDT
Silver Bullion Trust ("SBT" (TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) announced today that it has filed its Trustees' Circular (the "Circular" in response to the offer by Sprott Asset Management Silver Bid LP (the "Offeror" to acquire all of the outstanding Units of SBT (the "Sprott Offer". The Offeror is an affiliate of Sprott Asset Management LP and Sprott Inc. (collectively, "Sprott". Sprott is offering to acquire all of the outstanding Units of SBT in exchange for units of Sprott Physical Silver Trust ("Sprott PSLV" on a net asset value ("NAV" for NAV basis, with the actual values to be finalized on the expiry date of the Sprott Offer, being July 6, 2015 (unless extended or withdrawn).
SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Acknowledges Unsolicited Offer from Sprott Asset Management LP, Advises That Unitholders Take No Action in Response
Marketwired - Wed May 27, 6:00PM CDT
Silver Bullion Trust (the "Trust" (TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) acknowledges today the unsolicited offer (the "Offer" from Sprott Asset Management Silver Bid LP, a subsidiary controlled by Sprott Asset Management LP (together, "Sprott" to acquire all of the issued and outstanding trust units of the Trust ("Units" for consideration per Unit consisting solely of trust units of Sprott Physical Silver Trust, a silver bullion investment fund affiliated with Sprott.
SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Provides Sprott Litigation Update
Marketwired - Thu Jul 02, 5:13PM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) today provided an update to unitholders on the application commenced by SBT and Central GoldTrust on June 24, 2015 in the Ontario Superior Court of Justice (Commercial List), naming as respondents Sprott Asset Management Gold Bid LP ("Sprott Gold", Sprott Asset Management Silver Bid LP, Sprott Asset Management LP, Sprott Physical Gold Trust and Sprott Physical Silver Trust (collectively, "Sprott". PHY-U.TO: 9.55 (+0.01), SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Issues Letter to Unitholders; Continues to Recommend Rejection of Sprott Offer
Marketwired - Tue Jun 30, 4:40PM CDT
Dear Fellow Unitholders,
Central GoldTrust Commences Legal Proceeding Against Sprott in Connection With Its Hostile Take-Over Bid
Marketwired - Wed Jun 24, 1:59PM CDT
Central GoldTrust ("CGT"
(TSX: GTU.UN) (C$) (TSX: GTU.U) (US$) (NYSE MKT: GTU) (US$) today announced that it has commenced a legal proceeding with Silver Bullion Trust against Sprott Asset Management Gold Bid LP ("Sprott Gold", Sprott Asset Management Silver Bid LP, Sprott Asset Management LP, Sprott Physical Gold Trust and Sprott Physical Silver Trust (collectively, "Sprott", in the Ontario Superior Court of Justice. PHY-U.TO: 9.55 (+0.01), GTU: 40.57 (+0.07), GTU-UN.TO: 51.34 (-0.37), GTU-U.TO: 40.60 (+0.04)
Silver Bullion Trust Commences Legal Proceeding Against Sprott in Connection With Its Hostile Take-Over Bid
Marketwired - Wed Jun 24, 1:53PM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) today announced that it has commenced a legal proceeding with Central GoldTrust against Sprott Asset Management Silver Bid LP ("Sprott Silver", Sprott Asset Management Gold Bid LP, Sprott Asset Management LP, Sprott Physical Silver Trust and Sprott Physical Gold Trust (collectively, "Sprott", in the Ontario Superior Court of Justice. SBT-U.TO: 8.10 (-0.40), GTU: 40.57 (+0.07), SBT-UN.TO: 10.61 (-0.10)
IIROC Trade Resumption - Silver Bullion Trust
Newsfile Corp - Wed Jun 24, 7:33AM CDT
Trading resumes in:
IIROC Trade Halt - Silver Bullion Trust
Newsfile Corp - Wed Jun 24, 7:30AM CDT
The following issues have been halted by IIROC:
Silver Bullion Trust Adopts Significantly Enhanced Cash Redemption Feature and Continues to Recommend That Unitholders REJECT the Sprott Offer
Marketwired - Wed Jun 24, 7:21AM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) today announced the adoption of an enhanced cash redemption feature. The new feature, which will be effective upon the later of receipt of required regulatory approvals or July 14, 2015, will allow ALL Unitholders to redeem their SBT Units AT ANY TIME for cash in the amount of 95% of Net Asset Value ("NAV", based on the average published NAV of SBT for the five trading days following the notice of redemption. SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Polar confirms deposit to Sprott exchange offers and supports the Sprott initiative for change at Central Fund of Canada
CNW Group - Wed Jun 17, 2:30PM CDT
Polar Securities Inc. ("Polar"
announced that it has deposited 1,095,231 units of Central GoldTrust ("CGT"(TSX:GTU-U; NYSE MKT:GTU) and 554,500 units of Silver Bullion Trust ("SBT"(TSX:SBT-U) to the exchange offer announced by Sprott Asset Management LP ("Sprott" on April 23, 2015. The units deposited represent 5.7% and 10.1% of the issued and outstanding units of CGT and SBT, respectively. SBT-U.TO: 8.10 (-0.40), GTU: 40.57 (+0.07)
Silver Bullion Trust Responds to Misleading Statements from Sprott; Continues to Recommend that Unitholders REJECT the Sprott Offer, TAKE NO ACTION and DO NOT TENDER Units to the Sprott Offer
Marketwired - Tue Jun 16, 6:52AM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN)(Cdn.$) and (TSX: SBT.U)(U.S.$) today responded to the misleading statements made by Sprott in their press release dated June 11, 2015. SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Files Trustees' Circular and Recommends That Unitholders REJECT the Sprott Offer, TAKE NO ACTION and DO NOT TENDER Their Units to the Sprott Offer
Marketwired - Tue Jun 09, 6:51AM CDT
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) announced today that it has filed its Trustees' Circular (the "Circular" in response to the offer by Sprott Asset Management Silver Bid LP (the "Offeror" to acquire all of the outstanding Units of SBT (the "Sprott Offer". The Offeror is an affiliate of Sprott Asset Management LP and Sprott Inc. (collectively, "Sprott". Sprott is offering to acquire all of the outstanding Units of SBT in exchange for units of Sprott Physical Silver Trust ("Sprott PSLV" on a net asset value ("NAV" for NAV basis, with the actual values to be finalized on the expiry date of the Sprott Offer, being July 6, 2015 (unless extended or withdrawn). SBT-U.TO: 8.10 (-0.40), SBT-UN.TO: 10.61 (-0.10)
Silver Bullion Trust Acknowledges Unsolicited Offer from Sprott Asset Management LP, Advises That Unitholders Take No Action in Response
Marketwired - Wed May 27, 6:00PM CDT
Silver Bullion Trust (the "Trust"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) acknowledges today the unsolicited offer (the "Offer" from Sprott Asset Management Silver Bid LP, a subsidiary controlled by Sprott Asset Management LP (together, "Sprott" to acquire all of the issued and outstanding trust units of the Trust ("Units" for consideration per Unit consisting solely of trust units of Sprott Physical Silver Trust, a silver bullion investment fund affiliated with Sprott. SBT-UN.TO: 10.61 (-0.10)
