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Sprott Physical Platinum and Palladium Trust - Toronto, Ontario, Canada, 35 million units priced at $10 each, managed by Morgan Stanley, RBC, BofA Merrill Lynch, and UBS. Proposed NYSE Arca symbol SPPP. Business: The Trust seeks to provide a convenient and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical platinum and palladium bullion.