TORONTO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX:SII) ("Sprott") on behalf of the Sprott Physical Silver Trust (NYSE Arca/TSX:PSLV) ("PSLV" or "the Trust") today announced that PSLV's net asset value ("NAV") has surpassed US$10 billion.

"This is a significant milestone for the Sprott Physical Silver Trust and we would like to thank our unitholders for their trust and support," said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. "Silver prices have recently set all-time highs and demand for physical metal is surging. We are pleased to offer investors a liquid and convenient vehicle backed by fully allocated and segregated physical silver."

As of October 13, 2025, PSLV held 202.6 million ounces of silver on behalf of its unitholders. On September 2, 2025, the Bourse de Montreal began listing options on the TSX-listed ticker for PSLV.

PSLV was created to invest and hold substantially all of its assets in physical silver bullion. Its goal is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical silver without the inconvenience that is typical of a direct investment in physical gold silver. All of the ...