Sprott Physical Copper Trust Updates Its “At-The-Market” Equity Program

Sprott Asset Management announced an updated at-the-market (ATM) equity program for the Sprott Physical Copper Trust, increasing the issuance capacity to U.S.$250 million. The program replaces a previous ATM program from May 2026 and will allow the Trust to issue units on NYSE Arca and Toronto Stock Exchange at prevailing market prices. Proceeds will be used to acquire physical copper metal in accordance with the Trust's investment objectives.