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BMO Announces Upcoming Increase to the Financing Spread for its MicroSectorsTM Gold Miners 3X Leveraged ETNs (NYSE Arca: GDXU)
BMO Announces Upcoming Increase to the Financing Spread for its MicroSectorsTM Gold Miners 3X Lev...
About this update from Bank Of Montreal
[{"type":"text","content":"BMO Announces Upcoming Increase to the Financing Spread for its MicroSectorsTM Gold Miners 3X Leveraged ETNs (NYSE Arca: GDXU)\n\n\nBMO Announces Upcoming Increase to the Financing Spread for its MicroSectorsTM Gold Miners 3X Leveraged ETNs (NYSE Arca: GDXU)\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnpr10{\nPADDING-RIGHT:0.83em\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n\n\n\n\n\nPR Newswire\n\n\nNEW YORK, Jan. 30, 2026 /PRNewswire/ - Bank of Montreal (\"BMO\") today announced that pursuant to the terms of BMO's MicroSectorsTM Gold Miners 3X Leveraged Exchange Traded Notes due June 29, 2040 (the \"ETNs\"), BMO Capital Markets Corp., the Calculation Agent of the ETNs, is electing to exercise its right to increase the Financing Spread for the ETNs. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the ETN Prospectus (as defined below) for the ETNs.\nIt is expected that effective as of February 6, 2026 (the \"Fee Effective Date\"), the Financing Spread will be increased as follows:\nETN Title\n \nTicker Symbol\nCUSIP \nCurrent Financing Spread\nAdjusted Financing Spread\nMicroSectorsTM Gold Miners 3X Leveraged ETNs due June 29, 20...