Q: It looks like Uranium Participation Corp is being taken over to the new Sprott Physical Uranium Trust later this year with a owners getting 1/2 unit for each common share. The shares will be delisted from the TSX and they plan to list in the US.
As a long suffering owner of U:CA, is it better to just sell my shares now or hold on through these management changes ?
It is held in my RRSP so there are no tax considerations here.
What happens during the time of delisting and hopeful new US listing; or should that happen on the same day?
Do you have other considerations that I should look for here?
Thanks for your advice.
Wendy
As a long suffering owner of U:CA, is it better to just sell my shares now or hold on through these management changes ?
It is held in my RRSP so there are no tax considerations here.
What happens during the time of delisting and hopeful new US listing; or should that happen on the same day?
Do you have other considerations that I should look for here?
Thanks for your advice.
Wendy