Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
a) None.
b) Not applicable.
c) 89,900,000 Shares (1,798 Baskets) were redeemed during the quarter ended September 30, 2025.
Period
Total Number of Shares
Redeemed
Average Ounces of
Silver Paid Per Share
07/01/25 to 07/31/25
39,350,000
$
0.9085
08/01/25 to 08/31/25
12,300,000
0.9082
09/01/25 to 09/30/25
38,250,000
0.9079
Total
89,900,000
$
0.9083
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.