Corporate ActionApr 27, 2026, 06:08 AM
GNT Establishes $8.8M Common Share Sales Agreement
AI Summary
GAMCO Natural Resources, Gold & Income Trust (GNT) has entered into a sales agreement with G.research, LLC to issue and sell up to $8,800,000 aggregate value of its common shares of beneficial interest. G.research, LLC will act as the agent on a best efforts basis. The offering is made pursuant to a shelf registration statement on Form N-2, and the common shares are authorized for listing on the NYSE.
Key Highlights
- GAMCO Natural Resources, Gold & Income Trust (GNT) established a sales agreement for up to $8,800,000 in common shares.
- G.research, LLC will act as the sales manager for the offering on a best efforts basis.
- Commission rates for the sales manager are up to 1.00% for daily trading amounts up to 1,000 shares and 0.75% for amounts over 1,000 shares.
- The Fund is registered as a non-diversified, closed-end management investment company.
- Common shares are authorized for listing on the NYSE.
- Net proceeds from sales will be available on the first business day following each sale.
Price Impact
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