Precious Metals Bullion Trust
TSX : PBU.UN
TSX : PBU.WT

Precious Metals Bullion Trust

September 11, 2009 11:17 ET

Precious Metals Bullion Trust Closes Over-Allotment

TORONTO, ONTARIO--(Marketwire - Sept. 11, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Brompton Funds Management Limited is pleased to announce that Precious Metals Bullion Trust (TSX:PBU.UN)(TSX:PBU.WT) has completed the issuance of an additional 189,383 Units and 197,283 Warrants representing a combined total gross proceeds of $2.3 million. This issuance was pursuant to the exercise of the over-allotment option granted to the agents in connection with the Fund's recently completed initial public offering. With the exercise of the over-allotment option, the total proceeds raised by the Fund is $29.9 million.

The syndicate of agents for the offering was co-led by BMO Capital Markets, RBC Capital Markets, and Scotia Capital Inc., and included Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Dundee Securities Corporation, Raymond James Ltd., Research Capital Corporation, Wellington West Capital Markets Inc., Blackmont Capital Inc., Desjardins Securities Inc., Manulife Securities Incorporated, Haywood Securities Inc. and Richardson Partners Financial Limited.

For further information, please contact your financial advisor, call our investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at www.bromptongroup.com.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Units or the Warrants nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice-President
    416-642-6008