Today techs A-Mark Treasured Metals, Inc. Reaches $1.1 Million

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EL SEGUNDO, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) — A-Mark Treasured Metals, Inc. (NASDAQ: AMRK)a number one absolutely built-in valuable metals platform, introduced at the moment that it and its subsidiary, Goldline, Inc., have reached a settlement with the Commodity Futures Buying and selling Fee (CFTC), today techs to totally resolve the CFTC’s investigation into sure retail valuable metallic transactions engaged in by Goldline from April 2018 to June 2021. Pursuant to the settlement, the businesses agreed to pay a positive of $450,000 and disgorgement of roughly $628,000. A-Mark and Goldline entered into the settlement with out admitting or denying the CFTC’s allegations and findings.

“We’re happy that the matter has been resolved amicably,” stated Steven Reiner, Government Vice President of Capital Markets & Investor Relations of A-Mark. “The settlement, which has no materials monetary influence on our operations, will allow us to place this matter behind us and permit Goldline to give attention to its development inside our Direct-to-Shopper section.”

About A-Mark Treasured Metals
Based in 1965, A-Mark Treasured Metals, Inc. (NASDAQ: AMRK) is a today techs number one absolutely built-in valuable metals platform that provides an array of gold, silver, platinum, palladium, and copper bullion, numismatic cash and associated merchandise to wholesale and retail clients through a portfolio of channels. The corporate conducts its operations via three complementary segments: Wholesale Gross sales & Ancillary Companies, Direct-to-Shopper, and Secured Lending. The corporate’s world buyer base spans sovereign and personal mints, producers and fabricators, refiners, sellers, monetary establishments, industrial customers, traders, collectors, and e-commerce and different retail clients.

A-Mark’s Wholesale Gross sales & Ancillary Companies section distributes and purchases valuable metallic merchandise from sovereign and personal mints. As a U.S. Mint-authorized purchaser of gold, silver, and platinum cash since 1986, A-Mark purchases bullion merchandise straight from the U.S. Mint on the market to clients. A-Mark additionally has longstanding distributorships with different sovereign mints, together with Australia, Austria, Canada, China, Mexico, South Africa and the UK. The corporate sells greater than 200 totally different merchandise to e-commerce retailers, coin and bullion sellers, monetary establishments, brokerages and collectors. As well as, A-Mark sells valuable metallic merchandise to industrial customers, together with metallic refiners, producers and digital fabricators.

By way of its A-M International Logistics subsidiary, A-Mark supplies its clients with a variety of complementary providers, together with managed storage choices for valuable metals in addition to receiving, dealing with, inventorying, processing, packaging, and transport of valuable metals and cash on a safe foundation. A-Mark’s mint operations, that are performed via its wholly owned subsidiary Silver Towne Mintallow the corporate to supply clients a variety of proprietary coin and bar choices and, in periods of market volatility when the provision of silver bullion from sovereign mints is commonly product constrained, most well-liked product entry.

A-Mark’s Direct-to-Shopper section operates as an omni-channel retailer of valuable metals, offering entry to a mess of merchandise via its wholly owned subsidiaries, JM Bullion and Goldline. JM Bullion is a number one e-commerce today techs retailer of valuable metals and operates 5 individually branded, company-owned web sites focusing on particular niches inside the valuable metals market: JMBullion.com, ProvidentMetals.com, Silver.com, GoldPrice.org, SilverPrice.org. JMB additionally owns CyberMetalsan internet platform the place clients should buy and promote fractional shares of digital gold, silver, platinum and palladium bars in a variety of denominations. Goldline markets valuable metals on to the investor neighborhood via varied channels, together with tv, radio and telephonic today techs gross sales efforts. A-Mark additionally holds minority possession pursuits in two further direct-to-consumer manufacturers.

The corporate operates its Secured today techs Lending section via its wholly owned subsidiaries, Collateral Finance Company (CFC) and AM Capital Funding. Based in 2005, CFC is a California licensed finance lender that originates and acquires loans secured by bullion and numismatic cash. Its clients embrace coin and valuable metallic sellers, traders and collectors. AM Capital Funding was shaped in 2018 for the aim of securitizing eligible secured loans of CFC.

A-Mark is headquartered in El Segundo, CA and has further workplaces and services within the neighboring Los Angeles space in addition to in Dallas, TX, Las Vegas, NV, Winchester, IN, and Vienna, Austria. For extra info, go to www.amark.com.

Firm Contact:
Steve Reiner, Government Vice President, Capital Markets & Investor Relations
A-Mark Treasured Metals, Inc.
1-310-587-1410
sreiner@amark.com

Investor Relations Contact:
Matt Glover or Jeff Grampp, CFA
Gateway Investor Relations
1-949-574-3860
AMRK@gatewayIR.com

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