December 23, 2014 Dear Unitholder: Re: Amendment to Trust Agreement — Sprott Physical Silver TrustTrust Agreement • December 23rd, 2014 • Sprott Physical Silver Trust • Commodity contracts brokers & dealers
This 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”).
