December 23, 2014 Dear Unitholder: Re: Amendment to Trust Agreement — Sprott Physical Silver TrustSprott Physical Silver Trust • December 23rd, 2014 • Commodity contracts brokers & dealers
Company FiledDecember 23rd, 2014 IndustryThis letter is to notify you of an amendment, effective February 27, 2015, (the “Amendment Date”) to the trust agreement of Sprott Physical Silver Trust (the “Fund”), as amended and restated as of October 1, 2010 (the “Trust Agreement”).