Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
a)
None.
b)
Not applicable.
21
Table of Contents
c)
Since GLDM commenced operations on June 26, 2018, and in the period from then to December 31, 2020, 252,800,000 Shares (2,528 Creation Units) were created in exchange for 2,520,789.2 ounces of gold and 39,500,000 (395 Creation Units) were redeemed in exchange for 393,596.5 ounces of gold.
Period
Total Number of
Shares
Redeemed
Average Ounces of
Gold
Per Share
10/01/20 to 10/31/20
2,200,000
.00996
11/01/20 to 11/30/20
7,300,000
.00996
12/01/20 to 12/31/20
8,700,000
.00996
Total
18,200,000
.00996
Item 3.
Defaults Upon Senior Securities
None.
Item 4.
Mine Safety Disclosures
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.