Sprott Physical Gold Trust

CUSIP: 85207h104 Class: COM

OARSMAN CAPITAL, INC.'s Holding History (CIK: 0001569667)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015
Shares 12,600 Value ($000) $116 Avg Close — Range —
Q2 2015
Shares 13,500 Value ($000) $130 Avg Close — Range —