Sprott Physical Copper Trust Announces “At-The-Market” Equity Program -- REPEAT

TORONTO, July 08, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott Inc. (“Sprott”) (NYSE/TSX: SII), on behalf of the Sprott Physical Copper Trust (TSX: COP.UN) (TSX: COP.U) (the “Trust” or “COP”), a closed-ended trust created to invest and hold substantially all of its assets in physical copper metal, today announced that the Trust has established an at-the-market equity program (the “ATM Program”) to issue up to an additional US$500 million of trust units (the “Units”) pursuant to a prospectus supplement dated July 8, 2024 (the “Prospectus Supplement”) to the short form base shelf prospectus dated July 3, 2024 (the “Shelf Prospectus” and, together with the Prospectus Supplement, the “Offering Documents”). Copies of the Offering Documents are available at www.sedarplus.ca.

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