Central Fund of Canada has sold 1,275,000 special warrants at $6.13 per special warrant. The issue raised $7.8 million.
Each special warrant entitles the holder to receive a Class A share of Central Fund.
In other news, Central Fund bought gold and silver bullion to raise its holdings to 136,788 oz. gold and 6.8 million oz. silver. The special warrant issue was arranged thorugh Pollitt, Bertrand and Co.
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