Gold and Silver Coin: Low-Cost Direct Investment.
Own Gold or Silver
Exchange Traded Receipts issued by the Royal Canadian Mint. A convenient, low cost way to directly own gold or silver. Equally important, it is eligible for Canadian registered accounts. Speak to your financial advisor today.
The Royal Canadian Mint established the Canadian Gold Reserves. Moreover, the Canadian Silver Reserves Programs provides an exchange-traded investment vehicle. Furthermore, it tracks the price of gold/silver and makes investing directly in physical retail investors.
The Mint is a commercial federal Crown Corporation producing circulation, numismatic and bullion coins. Moreover, it is for the domestic and international markets. Since 1908, the Royal Canadian Mint has earned a world-renowned reputation for quality, excellence and security. Consequently, the Mint operates full-service gold and silver refineries with a range of services from refining to assaying and secure storage. Moreover, Subject to the terms of the ETRs, each ETR will constitute a direct unconditional obligation of the Mint, an agent of Her Majesty in right of Canada and as such will constitute a direct unconditional obligation of Her Majesty in right of Canada. Finally, ETR holders will have no recourse to the Mint or the Government of Canada for any loss on their investment.
Exchange Traded Receipts
Each ETR will represent an undivided beneficial interest in gold/silver bullion to be held in custody by the Mint. The gold/silver bullion will be beneficially owned by the ETR Holders and not by the Mint. However, the amount of gold/silver bullion purchased will be equal to the proceeds of the offering, after deduction of the expenses of the offering, divided by the average price per ounce of the gold/silver bullion paid to third party sellers at the date of the closing of the offering.
For more information on Canadian Gold & Silver Reserves (MNT:TSX,MNS:TSX) please fill out the form below.