Welcome to our dedicated page for ASA Gold and Precious Metals news (Ticker: ASA), a resource for investors and traders seeking the latest updates and insights on ASA Gold and Precious Metals stock.
ASA Gold and Precious Metals Limited (NYSE: ASA) is a non-diversified, closed-end fund focused on long-term capital appreciation in the precious metals and minerals sector. This news page aggregates Company and market communications that relate to ASA’s operations, governance and investment activities, giving investors a central view of developments affecting the fund.
Readers can find announcements about distributions, where ASA has highlighted its history of paying periodic distributions on an uninterrupted basis since 1959. The news flow also includes updates on Board composition, such as the election, appointment and resignation of directors, and the outcomes of annual and special shareholder meetings where investors vote on director slates and other proposals.
Because ASA concentrates in gold and precious minerals, its news often reflects sector-specific themes, including commentary on discount management programs, shareholder rights plans and governance matters involving large shareholders. Releases describe the adoption and later expiration of a limited-duration shareholder rights plan, related court decisions under the Investment Company Act of 1940, and subsequent settlements and litigation updates in both U.S. and Bermuda courts.
In addition, ASA’s communications provide context on its advisory relationship with Merk Investments LLC and on changes in key service providers and officers as disclosed in proxy materials. For investors and observers of closed-end funds and precious metals strategies, following ASA’s news can help explain how governance decisions, legal developments and distribution policies intersect with the fund’s stated objective of long-term capital appreciation in the precious metals and minerals space. Bookmark this page to review new releases as they are issued.
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ASA Gold and Precious Metals Limited (NYSE: ASA) announced a distribution of $0.01 per common share, payable on May 18, 2023 to shareholders of record as of May 8, 2023. This marks the continuation of uninterrupted distributions since 1959. Additionally, shareholders elected Axel Merk and re-elected four other directors during the annual meeting held on March 28, 2023. The company also ratified Tait, Weller & Baker LLP as independent auditors for the fiscal year ending November 30, 2023. ASA focuses on long-term capital appreciation through investments in precious metals and maintains a policy of investing at least 80% of its assets in related securities.
ASA Gold and Precious Metals Limited (NYSE: ASA) has appointed Mr. Alexander (Axel) G. Merk as a Director, effective until the 2023 Annual General Meeting. Mr. Merk is the founder and Chief Investment Officer of Merk Investments LLC, which advises the Company. Additionally, ASA declared a distribution of $0.01 per common share, payable on November 23, 2022, to shareholders of record as of November 14, 2022, from undistributed realized gains due to low dividend levels from holdings. The Company maintains a policy of investing at least 80% of its assets in precious metals-related securities.
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of
ASA Gold and Precious Metals Limited (NYSE: ASA) has announced a distribution of $0.01 per common share, payable on November 24, 2021, to shareholders of record by November 15, 2021. This distribution will be funded from undistributed realized gains due to a low level of dividends received by the portfolio. The Company has maintained uninterrupted distributions since 1959, focusing primarily on long-term capital appreciation through investments in precious metals and related companies, with a fundamental policy of investing at least 80% of its total assets in relevant sectors.
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