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Royal Canadian Mint Announces Follow-On Offering Of Gold Exchange-Traded Receipts

INFORMATION STATEMENT WILL BE ACCESSIBLE THROUGH SEDAR+

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario, Sept. 02, 2025 (GLOBE NEWSWIRE) -- (TSX:MNT) The Royal Canadian Mint (the "Mint") announced today that it has launched a follow-on offering of exchange-traded receipts ("ETRs") under the Mint's Canadian Gold Reserves program (the "Offering"). The Mint's outstanding ETRs are listed on the Toronto Stock Exchange in Canadian and U.S. dollars under the symbols "MNT" and "MNT.U", respectively.

Each ETR provides its holder with direct legal and beneficial ownership in physical gold bullion held in the custody of the Mint at its facilities in Ottawa, Ontario. The ETRs to be issued under the Offering will be identical to and fully fungible with the ETRs currently outstanding. The net proceeds of the Offering will be used to purchase gold bullion on behalf of the purchasers of the ETRs.

Subject to certain restrictions, ETR holders are entitled to redeem their ETRs for physical gold bullion with a minimum purity of 99.99% or for cash.

The size of the Offering and the price per ETR will be determined at the time of pricing. The closing of the Offering is expected to occur on or about September 5, 2025 and will be subject to market and other customary conditions, including approval of the Toronto Stock Exchange.

The Offering is being made by a syndicate of underwriters co-led by TD Securities Inc. and National Bank Financial Inc. The Offering is being made on a prospectus-exempt basis pursuant to the terms of exemptive relief orders issued in favour of the Mint by the Ontario Securities Commission.

Important information about the ETRs and the Offering is contained in the information statement dated September 2, 2025 (the "Information Statement"). The Information Statement will be accessible ...