Mint Aims to Raise $100 Million with Silver Offering

Resource Investing News

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. 

 

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