DALLAS -- (Business Wire)
DGSE Companies, Inc. (NYSE MKT: DGSE) announced today a significant
expansion in its bullion products sourced from Elemetal, LLC that will
allow DGSE’s 34 national locations to offer greater quantities of gold
and silver bullion to its retail and wholesale customers at market
“Traditionally, gold and silver bullion buyers have had two poor
options: paying significant premiums at their local coin shops or
ordering through an online vendor and hoping that the transaction is
delivered in a timely manner,” stated Jim Vierling, DGSE's CEO,
President and Chairman of the Board. "DGSE’s expansion of its bullion
offerings will allow our customers to take advantage of the best of both
worlds: immediate physical delivery of bullion at one of our convenient
national locations, at the very best price."
Significant quantities of gold, silver, platinum and palladium
investment grade bullion will now be available at all 34 DGSE locations,
including bullion from Elemetal subsidiaries OPM Metals and NTR Metals,
as well as government mints from around the world.
Bill LeRoy, President of Elemetal, LLC, said, "We expect DGSE to be a
significant piece of our bullion supply chain. Their national retail
footprint is valuable to our current and future plans to fully integrate
the collection, refining, minting and distribution of recycled precious
Elemetal, LLC is a global precious metals conglomerate based in Dallas,
Texas. Its principal holdings include OPM Metals™, NTR
Metals®, Echo Environmental™, and DGSE Companies,
NTR Metals operates a worldwide network of over 70 precious metals
processing locations in 12 countries. It serves more than 25,000
companies, ranging from small, independent businesses to large
OPM Metals is the largest American refiner of “good delivery” gold and
silver, and has earned SCS Global Services certifications for Certified
Responsible Source Gold and Silver, and 100% Recycled Gold and Silver
Echo Environmental is a large-scale processor of hazardous and
non-hazardous precious metal-bearing industrial byproducts. In 2012,
Echo Environmental processed over 30 million pounds of these byproducts.
DGSE Companies, Inc. wholesales and retails jewelry, diamonds, fine
watches, and precious metal bullion and rare coin products through its
Bullion Express, Charleston Gold & Diamond Exchange, Dallas Gold &
Silver Exchange, and Southern Bullion Coin & Jewelry operations. DGSE
also owns Fairchild International, Inc., one of the largest vintage
watch wholesalers in the country. In addition to its retail facilities
in Alabama, Florida, Georgia, Illinois, North Carolina, South Carolina,
Tennessee and Texas, the Company operates internet websites which can be
accessed at www.bullionexpress.com, www.dgse.com, www.cgdeinc.com,
Real-time price quotations and real-time order execution in precious
metals are provided on another DGSE website at www.USBullionExchange.com.
Wholesale customers can access the full vintage watch inventory through
the restricted site at www.FairchildWatches.com.
The Company is headquartered in Dallas, Texas and its common stock
trades on NYSE MKT Exchange under the symbol "DGSE."
This press release includes statements which may constitute
"forward-looking" statements, usually containing the words "believe,"
"estimate," "project," "expect" or similar expressions. These statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that would cause or contribute to such differences include, but
are not limited to, continued acceptance of the Company's products and
services in the marketplace, competitive factors, dependence upon
third-party vendors, and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission. By making
these forward-looking statements, the Company undertakes no obligation
to update these statements for revisions or changes after the date of
DGSE Companies, Inc.
Jim Vierling, 972-484-3662
Source: DGSE Companies, Inc.
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