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Bourse de Montréal Lists Options on Sprott Physical Uranium Trust
TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Mana...
About this update from Sprott Inc.
[{"type":"text","content":"Bourse de Montréal Lists Options on Sprott Physical Uranium Trust\n\n\n\n TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott Inc., on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust”) today announced that the Bourse de Montreal began listing options on the Sprott Physical Uranium Trust (“SPUT”) on September 2, 2025.\n \n\n “We are pleased to announce that SPUT is the first physical uranium vehicle to offer option trading, further building on its leading market position in the sector,” said John Ciampaglia, CEO of Sprott Asset Management. “In the absence of an active futures market for uranium, SPUT options will provide investors, traders, producers and utilities with alternative ways to establish or hedge a position in physical uranium.”\n \n\n “We would like to thank the Toronto Stock Exchange and the Bourse de Montréal for their support to allow options trading on closed end funds,” added Mr. Ciampaglia.\n \n\n The options trading symbol for SPUT is “U”. For more information, please visit the website for the Bourse de Montréal at:\n \n https://m-x.ca/en/trading/data/options-list#equity\n \n\n\n\n About the Sprott Physical Uranium Trust\n \n\n\n Important information about SPUT, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at www.sprott.com. Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.\n \n\n\n Caution Regarding Forward-Looking Statements\n \n\n\n This press release contains forward-looking information within the meaning of applicable Canadian securities laws (“forward looking statements”). Forward-looking statements in this press release include, without limitation, the benefits of the initiation of options trading on SPUT. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things: the uranium and ...