0001104659-16-090254.txt : 20160119 0001104659-16-090254.hdr.sgml : 20160118 20160119070246 ACCESSION NUMBER: 0001104659-16-090254 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160119 DATE AS OF CHANGE: 20160119 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Silver Bullion Trust CENTRAL INDEX KEY: 0001469307 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 132-02793 FILM NUMBER: 161346937 BUSINESS ADDRESS: STREET 1: 55 BROADLEAF CRESCENT CITY: ANCASTER STATE: A6 ZIP: L9G3P2 BUSINESS PHONE: 905-304-4653 MAIL ADDRESS: STREET 1: 55 BROADLEAF CRESCENT CITY: ANCASTER STATE: A6 ZIP: L9G3P2 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sprott Physical Silver Trust CENTRAL INDEX KEY: 0001494728 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FILING VALUES: FORM TYPE: 425 BUSINESS ADDRESS: STREET 1: STE 2700, SOUTH TOWER, ROYAL BANK PLAZA STREET 2: 200 BAY STREET CITY: TORONTO STATE: A6 ZIP: M5J 2J1 BUSINESS PHONE: 416-362-7172 MAIL ADDRESS: STREET 1: STE 2700, SOUTH TOWER, ROYAL BANK PLAZA STREET 2: 200 BAY STREET CITY: TORONTO STATE: A6 ZIP: M5J 2J1 425 1 a16-1281_7425.htm 425

 

Filer: Sprott Physical Silver Trust

Pursuant to Rule 425 under the Securities Act of 1933

Subject Company: Silver Bullion Trust

Commission File No. 132-02793

Date: January 19, 2016

 


 

SPROTT’S OFFER FOR SILVER BULLION TRUST EXPIRES

 

TORONTO, January 16, 2016 — Sprott Asset Management LP (“Sprott” or “Sprott Asset Management”), together with Sprott Physical Silver Trust (NYSE:PSLV) (TSX: PHS.U), today announced that the conditions to its exchange offer for Silver Bullion Trust (“SBT”) (TSX: SBT.UN, SBT.U) were not satisfied as of 5:00 p.m. (Toronto time) on January 15, 2016 and, as a result, the offer has expired. Sprott and Sprott Physical Silver Trust had previously announced that they were abandoning support for the offer.

 

About Sprott Asset Management LP

 

Sprott Asset Management LP is the investment manager to the Sprott Physical Silver Trust. Important information about Sprott Physical Silver Trust, including its investment objectives and strategies, applicable management fees, and expenses, is contained in the current annual information form for Sprott Physical Silver Trust, which can be found on its website, in the U.S. on www.sec.gov and in Canada on www.sedar.com. Commissions, management fees, or other charges and expenses may be associated with investing in Sprott Physical Silver Trust. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. To learn more about Sprott Physical Silver Trust, please visit sprottphysicalbullion.com.

 

Source: Sprott Asset Management, Sprott Physical Silver Trust