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Royal Canadian Mint Completes C$44.3 Million Gold ETR Offering

Story Highlights
  • The Royal Canadian Mint raised C$44.3 million through a follow-on ETR offering.
  • The ETRs offer ownership in physical gold bullion and are listed on the Toronto Stock Exchange.
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Canadian Gold Reserves ETR ( (TSE:MNT) ) just unveiled an announcement.

The Royal Canadian Mint has completed a follow-on offering of 833,200 exchange-traded receipts (ETRs) under its Canadian Gold Reserves program, raising C$44.3 million. These ETRs, listed on the Toronto Stock Exchange, grant holders ownership in physical gold bullion and can be redeemed for gold or cash, enhancing the Mint’s market presence and offering stakeholders a secure investment in gold.

More about Canadian Gold Reserves ETR

The Royal Canadian Mint is a Crown corporation responsible for minting and distributing Canada’s circulation coins. It is one of the largest and most versatile mints globally, producing collector coins, bullion products, and prestigious honors. The Mint offers gold and silver refining services and has issued exchange-traded receipts under its Canadian Gold and Silver Reserves programs, providing holders with ownership in physical bullion.

Average Trading Volume: 14,085

For detailed information about MNT stock, go to TipRanks’ Stock Analysis page.

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