Mint Aims to Raise $100 Million with Silver Offering

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.