Sprott Physical Gold Trust Press Releases

Press Release

Sprott Physical Gold Trust Files 2010 Annual Financial Statements

 

NOT FOR DISTRIBUTION IN THE UNITED STATES

TORONTO, March 14 /CNW/ - Sprott Asset Management LP ("Sprott") today announced that annual financial statements, management's report on fund performance and the annual information formof Sprott Physical Gold Trust (NYSE Arca: PHYS, TSX: PHY.U) (the "Trust") for the current fiscal year ended December 31, 2010 have been filed by the Trust with Canadian securities regulators on SEDAR, with the U.S. Securities and Exchange Commission (the "SEC"), and on Form 40-F.  These materials are available on the Trust's website (www.sprottphysicalgoldtrust.com), at  www.sedar.com and on the SEC's website (www.sec.gov).  Hard copies are available, free of charge, upon request. Any such requests should be directed to Email: ir@sprott.com or by calling toll free: (877) 403-2310.

In addition, the Trust has filed a preliminary short form base shelf prospectus containing information relating to units of the Trust with securities commissions or similar authorities in all provinces and territories of Canada.  Under the shelf prospectus, the Trust may offer from time to time during the 25 month period after a final receipt is received for the prospectus up to US$1.5 billion of units of the Trust.  There will not be any sales or any acceptance of an offer to buy units of the Trust until a receipt for the prospectus has been issued.

This press release is not an offer of securities for sale in the United States.  These securities may not be offered or sold in the United States absent registration or an exemption from registration.  Any public offering of securities that may be made in the United States will be made by means of a prospectus that may be obtained from the Trust and that will contain detailed information about the Trust, as well as financial statements.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust is a closed-end mutual fund trust organized under the laws of the Province of Ontario, Canada, created to invest and hold substantially all of its assets in physical gold bullion.  The Trust seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion.   

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