Goldmoney To Acquire Schiff Gold Inc. and Create JV with Peter Schiff

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5082
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Goldmoney To Acquire Schiff Gold Inc. and Create JV with Peter Schiff

Postby kreslik.news » Thu Jul 07, 2016 3:55 pm


A leading global operator of a gold-based financial network, Goldmoney Inc., listed on the Toronto Stock Exchange (TSX) under ticker XAU, today revealed that it has entered into an agreement to acquire US-based precious metals dealer Schiff Gold Inc (SGI).

SGI is a retail gold dealer, and caters to a sizable client base handling transactions related to precious metals, including storage and vaulting agreements, and IRA arrangement services for Gold and Silver. Last year SGI had sold $125m worth of precious metals while grossing $2.8m in profit, and XAU expects efficiencies to be unlocked for additional cost savings as part of acquiring ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”