Claymore Silver Bullion Trust has raised $39 million through the sale of non-hedged units. The Claymore Investments’ trust offered 2.6 million non-hedged units at a price of $15 per unit. The non-hedged units will be listed on the Toronto Stock Exchange. The offering was made through a syndicate of investment dealers co-led by GMP Securities, TD Securities and Canaccord Genuity, and included BMO Capital Markets, Scotia Capital, National Bank Financial and HSBC Securities (Canada).

Click here for the release from Canada Newswire.