Bank of Montreal files to say Vaulted Gold Bullion Trust to issue $500 mln of gold deposit receipts
By GCRU Gold News on Wednesday, June 8 2016, 00:55 - Permalink
- Bank Of Montreal Files to say the vaulted gold bullion trust will issue $500 million of gold deposit receipts
- Bank Of Montreal - The trust will issue depositary receipts representing undivided beneficial ownership in a fixed quantity of physical gold bullion
- Bank Of Montreal - The gold bullion will be held for benefit of holders of gold deposit receipts in an account operated by bank of montreal at the royal canadian mint