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We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements.

Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost.Shares of the Trust are not subject to the same regulatory requirements as mutual funds.Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.As previously announced on May 2, 2017, Spark and Elite Singles have entered into a definitive agreement under which Spark and Elite Singles will combine in a stock-for-stock transaction that is expected to result in Elite Singles stockholders owning approximately 75% of New Spark and Spark stockholders owning approximately 25%.The merger is subject to approval by Spark stockholders and the satisfaction of other customary closing conditions and is expected to close in the fourth quarter of 2017.Spark expects to begin mailing the proxy statement/prospectus to its stockholders in the coming days, promptly following the record date for the Spark stockholder meeting.The proxy statement/prospectus will provide information for stockholders of Spark, as well as instructions for stockholders on voting.Investors and stockholders may obtain copies of the definitive proxy statement/prospectus and all other documents filed with the SEC regarding the proposed transaction, free of charge, at the SEC's website (Investors may also obtain these documents, free of charge, from Spark's website ( under the link "Investor Relations" and then under the tab "SEC Filings" or by directing request to [email protected] forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Spark's or Elite Singles' or the combined company's performance or achievements to be materially different from those of any expected future results, performance, or achievements.Forward-looking statements speak only as of the date they are made, and neither Spark nor Elite Singles assumes any duty to update forward-looking statements.Forward-Looking Statements" data-reactid="18" type="text"Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.All statements other than statements of historical fact are forward-looking statements.WHO WE ARE Black Rock is trusted to manage more money than any other investment manager in the world, helping millions of people and the world’s biggest institutions and governments reach their investing goals.The i Shares® Silver Trust (the 'Trust') seeks to reflect generally the performance of the price of silver. The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act.

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