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The National Post reported that the Royal Candian Mint is extending an offering of silver reserves to investors in an effort to raise $100 Million.
The National Post reported that the Royal Candian Mint is extending an offering of silver reserves to investors in an effort to raise $100 Million.
As quoted in the market report:
Investors are being offered exchange-traded receipts, each receipt priced at $20 a piece. The goal is to offer investors an exchange-traded investment vehicle that tracks the price of silver and makes investing directly in physical silver available to institutional and retail investors. Investors can purchase in either US$ or C$.
To view the whole National Post report, click here.