<SEC-DOCUMENT>0001279569-12-000244.txt : 20120227
<SEC-HEADER>0001279569-12-000244.hdr.sgml : 20120227
<ACCEPTANCE-DATETIME>20120227133303
ACCESSION NUMBER:		0001279569-12-000244
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120227
FILED AS OF DATE:		20120227
DATE AS OF CHANGE:		20120227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sprott Physical Gold Trust
		CENTRAL INDEX KEY:			0001477049
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34638
		FILM NUMBER:		12641097

	BUSINESS ADDRESS:	
		STREET 1:		STE. 2700, SOUTH TOWER, ROYAL BANK PLAZA
		STREET 2:		200 BAY STREET
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2J1
		BUSINESS PHONE:		416-362-7172

	MAIL ADDRESS:	
		STREET 1:		STE. 2700, SOUTH TOWER, ROYAL BANK PLAZA
		STREET 2:		200 BAY STREET
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2J1
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>sprottphysical6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 14pt Times New Roman, Times, Serif"><B>UNITED STATES</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 14pt Times New Roman, Times, Serif"><B>SECURITIES AND EXCHANGE
COMMISSION</B></P>

<P STYLE="text-align: center; margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0"><B>Washington, D.C. 20549</B></P>

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<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 18pt Times New Roman, Times, Serif"><B>FORM 6-K</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT TO RULE 13a-16 OR 15d-16</B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>OF THE SECURITIES EXCHANGE
ACT OF 1934</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>For the month
of&#160;February 2012</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>Commission File Number:
1-34638</B></P>

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<P STYLE="margin: 0pt">&nbsp;</P>

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        <P STYLE="margin: 0"><FONT STYLE="font-size: 24pt"><B>SPROTT PHYSICAL GOLD TRUST</B></FONT></P>
        <P STYLE="margin: 0"><I>(Translation of registrant's name into English)</I></P></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center; vertical-align: middle">
        <P STYLE="margin: 0">Suite 2700, South Tower,</P>
        <P STYLE="margin: 0">Royal Bank Plaza,</P>
        <P STYLE="margin: 0">200 Bay Street,</P>
        <P STYLE="margin: 0">Toronto, Ontario,</P>
        <P STYLE="margin: 0">Canada M5J 2J1</P>
        <P STYLE="margin: 0"><I>(Address of principal executive offices)</I></P></TD></TR>
</TABLE>
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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="background-color: white; width: 60%; font: 10pt times new roman">
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    <TD STYLE="width: 50%; font-size: x-small; text-align: center; text-indent: 0pt">Form 20-F&#160;<FONT STYLE="font-family: wingdings">x</FONT></TD>
    <TD STYLE="width: 50%; font-size: x-small; text-align: center; text-indent: 0pt">Form 40-F <FONT STYLE="font-family: wingdings">o</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) &#160;</FONT><FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>Note:</B>&#160;&#160;Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: justify; text-indent: 0pt; margin: 0; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)&#160;&#160;</FONT><FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><B>Note:</B></FONT><FONT STYLE="font-size: 12pt">
</FONT><FONT STYLE="font-size: 10pt">Regulation&#160;S-T Rule&#160;101(b)(7) only permits the submission in paper of a Form&#160;6-K
if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under
the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's home country),
or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and,
if discussing a material event, has already been the subject of a Form&#160;6-K submission or other Commission filing on EDGAR.</FONT></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt">&nbsp;</P>

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<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">&#160;</P>

<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B>SIGNATURES</B></P>

<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</P>

<P STYLE="margin: 0pt">&nbsp;</P>

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    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt">SPROTT PHYSICAL GOLD TRUST</TD></TR>
<TR STYLE="background-color: white">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="width: 33%; border-bottom-color: #ffffff; border-bottom-style: solid">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom-color: #ffffff; border-bottom-style: solid; font-size: x-small">By:</TD>
    <TD STYLE="width: 33%; border-bottom: black 2px solid; font-size: 10pt">/s/ Kirstin H. McTaggart</TD></TR>
<TR STYLE="background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>
        <P STYLE="margin: 0">Kirstin H. McTaggart</P>
        <P STYLE="margin: 0">Corporate Secretary</P></TD></TR>
</TABLE>
<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: left; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif">Date:&#160;February 27,
2012</P>

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<P STYLE="text-align: center; text-indent: 0pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><B><U>EXHIBIT INDEX</U></B></P>

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    <TD STYLE="text-align: center; border-bottom: black 2px solid; width: 8%; font: bold 8pt Times New Roman, Times, Serif; padding-left: 6pt; text-indent: 0pt">Exhibit</TD>
    <TD STYLE="width: 1%; border-bottom-color: #ffffff; border-bottom-style: solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: black 2px solid; width: 91%; font: bold 8pt Times New Roman, Times, Serif; padding-left: 6pt; text-indent: 0pt">Description</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center; text-indent: 0pt">99.1</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">
        <P STYLE="margin: 0">News <FONT STYLE="font: 10pt Times New Roman, Times, Serif">Release dated&#160;February 27, 2012 - Sprott Physical Gold Trust Announces Exercise of Over-allotment Option by Underwriters in Follow-on Offering
of Trust Units</FONT></P></TD></TR>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>NEWS RELEASE DATED FEBRUARY 27, 2012
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<P STYLE="margin: 0; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>EXHIBIT 99.1</B></FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Sprott Physical Gold Trust Announces Exercise of Over-allotment
Option by Underwriters in Follow-on Offering of Trust Units</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">TORONTO, Feb. 27, 2012 /CNW/ - Sprott Physical Gold Trust
(the &quot;Trust&quot;) (NYSE: PHYS) (TSX: PHY.U), a trust created to invest and hold substantially all of its assets in physical
gold bullion and managed by Sprott Asset Management LP, today announced that the underwriters for the previously announced follow-on
public offering (the &quot;Offering&quot;) of units (&quot;Units&quot;) of the Trust have purchased an additional 3,000,000 Units
in connection with the exercise of their over-allotment option.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">Including this exercise of the over-allotment option, the
gross proceeds of the Offering were US$349,370,000, consisting of 23,000,000 Units offered at US$15.19 per Unit.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">The Trust will use the net proceeds of this Offering to acquire
physical gold bullion in accordance with the Trust's objective and subject to the Trust's investment and operating restrictions
described in the prospectus related to this Offering. The net proceeds of the Offering per Unit are greater than 100% of the most
recently calculated net asset value per Unit of the Trust prior to pricing of the Offering, as required under the trust agreement
governing the Trust.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">The Units are listed on the NYSE Arca and the Toronto Stock
Exchange under the symbols &quot;PHYS&quot; and &quot;PHY.U&quot;, respectively. The Offering was made simultaneously in the United
States and Canada by underwriters led by Morgan Stanley and RBC Capital Markets in the United States and RBC Capital Markets and
Morgan Stanley in Canada.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">This news release does not constitute an offer to sell or
a solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any state or jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">Additional details on the Trust can be found in the final
prospectus available on EDGAR (www.sec.gov/edgar.shtml) and SEDAR (www.sedar.com) or on the Trust's website at www.sprottphysicalgoldtrust.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">%CIK: 0001494728</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For further information:</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0"><B>Investor contact information:</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">Telephone: (416) 203-2310<BR>
Toll Free: 1 (877) 403-2310<BR>
Email:&nbsp;ir@sprott.com</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">CO: Sprott Physical Gold Trust</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 9.75pt 0">CNW 11:11e 27-FEB-12</P>



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