Silver Bullion TR (SVRZF) 11.0853 $SVRZF
IIROC Trade Resumption - Silver Bullion Trust ETF CURRENCY HEDGED UNITS
Newsfile Corp - Thu May 26, 7:35AM CDT
Trading resumes in:
IIROC Trading Halt - SBT; LYD.WT
CNW Group - Thu May 26, 7:21AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Silver Bullion Trust ETF CURRENCY HEDGED UNITS
Newsfile Corp - Thu May 26, 7:17AM CDT
The following issues have been halted by IIROC:
Purpose Investments Announces the Completion of Conversion of Silver Bullion Trust Into an Exchange-Traded Fund and Offering of ETF Currency Hedged Units
Marketwired - Thu May 26, 6:30AM CDT
TORONTO, ON--(Marketwired - May 26, 2016) - Purpose Investments Inc. ("Purpose Investments"
is pleased to announce that it has completed the conversion of the Silver Bullion Trust (TSX: SBT) ("SBT" or the "Fund" into an open ended exchange traded fund ("ETF". The ETF non-currency hedged units of the Fund will commence trading today under the ticker symbol "SBT.B" (CAD dollar denominated) and "SBT.U" (U.S. dollar denominated). The Fund has also qualified for issuance a new class of ETF currency hedged units of the Fund which will commence trading today under the symbol "SBT".
NXC.TO: 10.95 (+0.25), SBT.TO: 10.00 (unch)
Silver Bullion Trust Unitholders Approve ETF Conversion With Purpose Investments and Enhanced Redemption Features
Marketwired - Tue Jan 26, 6:03PM CST
Silver Bullion Trust ("SBT" or the "Trust" (TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) today announced that SBT Unitholders voted to approve amendments to SBT's Amended and Restated Declaration of Trust dated July 9, 2009 (the "DOT", in order to permit its conversion from a closed-end fund to a silver-bullion exchange traded fund (the "ETF Conversion" at a special meeting of Unitholders held earlier today in Toronto.
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Polar Acquires Trust Units of Silver Bullion Trust
PR Newswire - Fri Dec 18, 9:21AM CST
On December 17, 2015, Polar Asset Management Partners Inc. (formerly Polar Securities Inc.) ("Polar", on behalf of Polar Multi-Strategy Master Fund (formerly North Pole Capital Master Fund) (the "Fund" which is an investment fund advised by Polar, acquired control and direction over 3,300 trust units (the "Acquired Units" of Silver Bullion Trust (the "Trust" that were acquired by the Fund. The Acquired Units represent approximately 0.06%% of the issued and outstanding trust units of the Trust ("Units" based on 5,467,228 Units issued and outstanding as of December 4, 2015 as stated by the Trust in its management information circular (the "Outstanding Trust Units".
Purpose Investments Announces Termination of Definitive Agreement With Central GoldTrust and Reaffirms ETF Conversion Proposal for Silver Bullion Trust
Marketwired - Thu Dec 17, 4:44PM CST
Purpose Investments Inc. ("Purpose", manager of the Purpose family of exchange traded funds ("ETFs" and mutual funds announces it has agreed with Central GoldTrust ("CGT" and Sprott Asset Management LP and certain of its affiliates to terminate the definitive agreement with CGT and Central Gold Managers Inc. dated November 26, 2015 in accordance with the permitted termination provisions of the definitive agreement. The termination relates solely to CGT, and the definitive agreement remains in full force and effect with respect to Silver Bullion Trust ("SBT" and the proposal to convert SBT into an ETF.
Central GoldTrust Announces Termination of Definitive Agreement with Purpose Investments Inc.
PR Newswire - Wed Dec 16, 3:35PM CST
Central GoldTrust ("GoldTrust" (symbol: TSX - GTU.UN (C$) and GTU.U (US$); NYSE MKT - GTU (US$)) announced today that GoldTrust has entered into an agreement (the "Letter Agreement" with, among others, Purpose Investments Inc. ("Purpose" and Sprott Asset Management Gold Bid LP, pursuant to which Purpose has terminated the definitive agreement, dated November 26, 2015 (the "Purpose Agreement", among GoldTrust, Purpose, Silver Administrators Ltd., Silver Bullion Trust and Central Gold Managers Inc., with respect to GoldTrust and its proposed conversion to an exchange traded fund.
GTU: 39.42 (+0.66)
Sprott's Inadequate Offer Fails Yet Again to Achieve Sufficient Support as Momentum Builds for Silver Bullion Trust's ETF Conversion
Marketwired - Wed Dec 09, 10:47AM CST
Silver Bullion Trust ("SBT" (TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) confirmed today that the unsolicited offer by Sprott Asset Management LP and Sprott Physical Silver Trust ("Sprott PSLV"; and collectively, "Sprott" for all of the outstanding units of SBT has once again failed to achieve sufficient acceptance to satisfy the required minimum tender condition. As a result, Sprott has yet again, for the 8th time, extended the expiry date of their offer, which is now set to expire on January 12, 2016.
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Central GoldTrust and Silver Bullion Trust File Management Information Circulars and Purpose Investments Provides Update on Benefits of Conversion to ETFs
Marketwired - Mon Dec 07, 6:01AM CST
Purpose Investments Inc. ("Purpose", manager of the Purpose family of exchange-traded funds ("ETFs" and mutual funds is pleased to announce that Central GoldTrust and Silver Bullion Trust (together the "Funds" have each filed a Management Information Circular ("Circular", together the "Circulars" for unitholder meetings to be held on January 26, 2016 to consider and vote on the proposed conversion of the Funds into ETFs ("ETF Conversions". The Circulars are available on the Funds' websites at www.goldtrust.ca and www.silverbulliontrust.com, on SEDAR at www.sedar.com and, in the case of Central GoldTrust, on EDGAR at www.sec.gov. Unitholders will also receive a paper copy of the Circular by mail, unless they have previously opted to not receive securityholder materials. The proposed ETF Conversions have the unanimous support of Central GoldTrust's and Silver Bullion Trust's independent trustees and represent an exciting opportunity for unitholders of the Funds.
GTU: 39.42 (+0.66)
Silver Bullion Trust Files Information Circular and Recommends That Unitholders Vote FOR the Proposed ETF Conversion and Immediately Withdraw Any Units Tendered to Sprott's Offer
Marketwired - Fri Dec 04, 9:42PM CST
Silver Bullion Trust ("SBT" (TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) announced today that it has filed its Trustees' Information Circular (the "Circular" for the upcoming special meeting of unitholders to be held on January 26, 2016 (the "Meeting". The Meeting has been called for unitholders to consider and vote on the proposed conversion (the "ETF Conversion" of SBT into a silver bullion exchange-traded fund ("ETF" to be managed by Purpose Investments ("Purpose", with bullion holdings administered by Silver Administrators Limited, SBT's current administrator.
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Silver Bullion Trust Responds to Sprott's Self-Serving Criticism of SBT's Proposed ETF Conversion
Marketwire Canada - Tue Dec 01, 6:45AM CST
Silver Bullion Trust ("SBT" (TSX:SBT.UN) (C$) (TSX:SBT.U) (US$) responded to the press release issued by Sprott Asset Management LP and Sprott Physical Silver Trust (collectively, "Sprott" on November 30, 2015, which offers nothing but self-serving criticism of the proposed conversion of SBT into an exchange-traded silver bullion fund ("ETF". Full details on the proposed ETF conversion and its anticipated benefits will be outlined in an information circular (the "Information Circular" that will be mailed to unitholders shortly. The Board of Trustees of SBT recommends that SBT unitholders review the Information Circular before making any decisions.
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Silver Bullion Trust Enters Into Definitive Agreement for ETF with Purpose; DO NOT TENDER to Sprott's Offer & WITHDRAW Your Units if Tendered
Marketwire Canada - Mon Nov 30, 7:06AM CST
Dear Fellow Silver Bullion Trust Unitholders,
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
IIROC Trade Resumption - Silver Bullion Trust ETF CURRENCY HEDGED UNITS
Newsfile Corp - Thu May 26, 7:35AM CDT
Trading resumes in:
IIROC Trading Halt - SBT; LYD.WT
CNW Group - Thu May 26, 7:21AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Silver Bullion Trust ETF CURRENCY HEDGED UNITS
Newsfile Corp - Thu May 26, 7:17AM CDT
The following issues have been halted by IIROC:
Purpose Investments Announces the Completion of Conversion of Silver Bullion Trust Into an Exchange-Traded Fund and Offering of ETF Currency Hedged Units
Marketwired - Thu May 26, 6:30AM CDT
TORONTO, ON--(Marketwired - May 26, 2016) - Purpose Investments Inc. ("Purpose Investments"
is pleased to announce that it has completed the conversion of the Silver Bullion Trust (TSX: SBT) ("SBT" or the "Fund" into an open ended exchange traded fund ("ETF". The ETF non-currency hedged units of the Fund will commence trading today under the ticker symbol "SBT.B" (CAD dollar denominated) and "SBT.U" (U.S. dollar denominated). The Fund has also qualified for issuance a new class of ETF currency hedged units of the Fund which will commence trading today under the symbol "SBT". NXC.TO: 10.95 (+0.25), SBT.TO: 10.00 (unch)
Silver Bullion Trust Unitholders Approve ETF Conversion With Purpose Investments and Enhanced Redemption Features
Marketwired - Tue Jan 26, 6:03PM CST
Silver Bullion Trust ("SBT" or the "Trust"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) today announced that SBT Unitholders voted to approve amendments to SBT's Amended and Restated Declaration of Trust dated July 9, 2009 (the "DOT", in order to permit its conversion from a closed-end fund to a silver-bullion exchange traded fund (the "ETF Conversion" at a special meeting of Unitholders held earlier today in Toronto. SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Polar Acquires Trust Units of Silver Bullion Trust
PR Newswire - Fri Dec 18, 9:21AM CST
On December 17, 2015, Polar Asset Management Partners Inc. (formerly Polar Securities Inc.) ("Polar"
, on behalf of Polar Multi-Strategy Master Fund (formerly North Pole Capital Master Fund) (the "Fund" which is an investment fund advised by Polar, acquired control and direction over 3,300 trust units (the "Acquired Units" of Silver Bullion Trust (the "Trust" that were acquired by the Fund. The Acquired Units represent approximately 0.06%% of the issued and outstanding trust units of the Trust ("Units" based on 5,467,228 Units issued and outstanding as of December 4, 2015 as stated by the Trust in its management information circular (the "Outstanding Trust Units". Purpose Investments Announces Termination of Definitive Agreement With Central GoldTrust and Reaffirms ETF Conversion Proposal for Silver Bullion Trust
Marketwired - Thu Dec 17, 4:44PM CST
Purpose Investments Inc. ("Purpose"
, manager of the Purpose family of exchange traded funds ("ETFs" and mutual funds announces it has agreed with Central GoldTrust ("CGT" and Sprott Asset Management LP and certain of its affiliates to terminate the definitive agreement with CGT and Central Gold Managers Inc. dated November 26, 2015 in accordance with the permitted termination provisions of the definitive agreement. The termination relates solely to CGT, and the definitive agreement remains in full force and effect with respect to Silver Bullion Trust ("SBT" and the proposal to convert SBT into an ETF. Central GoldTrust Announces Termination of Definitive Agreement with Purpose Investments Inc.
PR Newswire - Wed Dec 16, 3:35PM CST
Central GoldTrust ("GoldTrust"
(symbol: TSX - GTU.UN (C$) and GTU.U (US$); NYSE MKT - GTU (US$)) announced today that GoldTrust has entered into an agreement (the "Letter Agreement" with, among others, Purpose Investments Inc. ("Purpose" and Sprott Asset Management Gold Bid LP, pursuant to which Purpose has terminated the definitive agreement, dated November 26, 2015 (the "Purpose Agreement", among GoldTrust, Purpose, Silver Administrators Ltd., Silver Bullion Trust and Central Gold Managers Inc., with respect to GoldTrust and its proposed conversion to an exchange traded fund. GTU: 39.42 (+0.66)
Sprott's Inadequate Offer Fails Yet Again to Achieve Sufficient Support as Momentum Builds for Silver Bullion Trust's ETF Conversion
Marketwired - Wed Dec 09, 10:47AM CST
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) and (TSX: SBT.U) (US$) confirmed today that the unsolicited offer by Sprott Asset Management LP and Sprott Physical Silver Trust ("Sprott PSLV"; and collectively, "Sprott" for all of the outstanding units of SBT has once again failed to achieve sufficient acceptance to satisfy the required minimum tender condition. As a result, Sprott has yet again, for the 8th time, extended the expiry date of their offer, which is now set to expire on January 12, 2016. SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Central GoldTrust and Silver Bullion Trust File Management Information Circulars and Purpose Investments Provides Update on Benefits of Conversion to ETFs
Marketwired - Mon Dec 07, 6:01AM CST
Purpose Investments Inc. ("Purpose"
, manager of the Purpose family of exchange-traded funds ("ETFs" and mutual funds is pleased to announce that Central GoldTrust and Silver Bullion Trust (together the "Funds" have each filed a Management Information Circular ("Circular", together the "Circulars" for unitholder meetings to be held on January 26, 2016 to consider and vote on the proposed conversion of the Funds into ETFs ("ETF Conversions". The Circulars are available on the Funds' websites at www.goldtrust.ca and www.silverbulliontrust.com, on SEDAR at www.sedar.com and, in the case of Central GoldTrust, on EDGAR at www.sec.gov. Unitholders will also receive a paper copy of the Circular by mail, unless they have previously opted to not receive securityholder materials. The proposed ETF Conversions have the unanimous support of Central GoldTrust's and Silver Bullion Trust's independent trustees and represent an exciting opportunity for unitholders of the Funds. GTU: 39.42 (+0.66)
Silver Bullion Trust Files Information Circular and Recommends That Unitholders Vote FOR the Proposed ETF Conversion and Immediately Withdraw Any Units Tendered to Sprott's Offer
Marketwired - Fri Dec 04, 9:42PM CST
Silver Bullion Trust ("SBT"
(TSX: SBT.UN) (C$) (TSX: SBT.U) (US$) announced today that it has filed its Trustees' Information Circular (the "Circular" for the upcoming special meeting of unitholders to be held on January 26, 2016 (the "Meeting". The Meeting has been called for unitholders to consider and vote on the proposed conversion (the "ETF Conversion" of SBT into a silver bullion exchange-traded fund ("ETF" to be managed by Purpose Investments ("Purpose", with bullion holdings administered by Silver Administrators Limited, SBT's current administrator. SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Silver Bullion Trust Responds to Sprott's Self-Serving Criticism of SBT's Proposed ETF Conversion
Marketwire Canada - Tue Dec 01, 6:45AM CST
Silver Bullion Trust ("SBT"
(TSX:SBT.UN) (C$) (TSX:SBT.U) (US$) responded to the press release issued by Sprott Asset Management LP and Sprott Physical Silver Trust (collectively, "Sprott" on November 30, 2015, which offers nothing but self-serving criticism of the proposed conversion of SBT into an exchange-traded silver bullion fund ("ETF". Full details on the proposed ETF conversion and its anticipated benefits will be outlined in an information circular (the "Information Circular" that will be mailed to unitholders shortly. The Board of Trustees of SBT recommends that SBT unitholders review the Information Circular before making any decisions. SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
Silver Bullion Trust Enters Into Definitive Agreement for ETF with Purpose; DO NOT TENDER to Sprott's Offer & WITHDRAW Your Units if Tendered
Marketwire Canada - Mon Nov 30, 7:06AM CST
Dear Fellow Silver Bullion Trust Unitholders,
SBT-U.TO: 7.00 (unch), SBT-UN.TO: 11.81 (-0.14)
