SPROTT PHYSICAL GOLD TRUST Trust Units Amended and Restated Sales AgreementSales Agreement • October 22nd, 2020 • Sprott Physical Gold Trust • Commodity contracts brokers & dealers • New York
Reference is made to the Controlled Equity OfferingSM Sales Agreement dated May 6, 2016, as amended by Amendment No. 1 thereto dated January 29, 2020, including the Schedules thereto (the “Sales Agreement”), by and among Sprott Physical Gold Trust, a trust formed and organized under the laws of the Province of Ontario (the “Trust”) and managed by Sprott Asset Management LP, a limited partnership organized under the laws of the Province of Ontario (the “Manager”), Cantor Fitzgerald & Co. and Virtu Americas LLC (“Virtu” and together with Cantor, the “U.S. Agents”), pursuant to which the Trust agreed to sell through the U.S. Agents, as sales agents, units of the Trust. The Trust, the Manager, the U.S. Agents and Virtu ITG Canada Corp. (the “Canadian Agent” and together with the U.S. Agents, the “Agents”), each confirm their agreement (this “Agreement”) that the Sales Agreement is amended, restated and superseded in its entirety as follows:
