A-Mark Precious Metals Branch, Collateral Financing

EL SEGUNDO, Calif., February 02, 2023 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark)a leading fully integrated precious metals platform, today announced that its wholly owned subsidiary, Collateral Finance Corporation (“CFC”), has entered into a branding and marketing agreement (the “Agreement”) with Certified Collectibles Group, LLC (“CCG”), a leading third-party certification service focused on coins, banknotes, sports cards, and other categories such as comic books and sports memorabilia.

As part of the Agreement, CFC will be designated a non-exclusive “Approved Financing Service” of CCG and CCG will be designated a non-exclusive “Approved Classification Service” of CFC. CFC was founded in 2005 and has made several hundred million dollars in loans to date with no history of major losses. This deal creates an opportunity for CFC to provide loans to CCG clients who want to access liquidity through coins, paper currency or sports cards. Both companies intend to engage in co-marketing efforts to increase awareness of each other’s brands and the establishment of the deal.

“We are pleased to announce this new relationship with CCG as we extend CFC’s lending services to their client base and utilize their industry-leading collectibles valuation and authentication services,” said Greg Roberts, CEO of A- Mark. “We look forward to providing more liquidity options to their customers through CFC’s secured lending solutions.”

“CFC is a leading provider of secured loans to the precious metals industry. We believe this partnership will be beneficial to our clients as we expand our liquidity options while offering our leading certification services to CFC clients,” said Steve Eichenbaum, CEO of CCG. this agreement for our mutual benefit”.

Precious Metals Information A-Mark
Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform offering a range of gold, silver, platinum, palladium and copper bullion, numismatic coins and related products to wholesale and retail customers. retail through a portfolio of channels. The firm conducts its operations through three complementary segments: wholesale and ancillary services, direct-to-consumer, and secured lending. The firm’s global client base includes sovereign and private mints, producers and manufacturers, refiners, merchants, financial institutions, industrial users, investors, collectors, e-commerce and other retail clients.

A-Mark’s Wholesale Sales & Ancillary Services segment distributes and purchases precious metal products from sovereign and private mints. As an authorized US Mint purchaser of gold, silver, and platinum coins since 1986, A-Mark purchases bullion products directly from the US Mint for sale to customers. A-Mark also has longstanding distributors with other sovereign mints, including Australia, Austria, Canada, China, Mexico, South Africa and the United Kingdom. The company sells more than 200 different products to e-commerce retailers, coin and bullion dealers, financial institutions, brokerages and collectors. In addition, A-Mark sells precious metal products to industrial users, including metal refiners, manufacturers and electronics manufacturers.

Through its subsidiary AM Global Logistics, A-Mark offers its customers a range of complementary services, including managed warehousing options for precious metals, as well as receiving, handling, inventorying, processing, packing and shipping of precious metals and coins on a basic secure. A-Mark’s mint operations, conducted through its wholly owned subsidiary Silver Towne Mintallow the firm to offer customers a broad range of proprietary coin and bullion offerings and, during volatile market times when the availability of silver bullion from sovereign mints is often limited by product, preferred access to the product.

A-Mark’s Direct-to-Consumer segment operates as an omnichannel precious metals dealer, providing access to a multitude of products through its wholly owned subsidiaries, JM Bullion AND Gold line. JM Bullion is a leading precious metals e-commerce retailer and operates six company-owned websites under separate brands targeting specific niches within the precious metals market: JMBullion.com, ProvidentMetals. com, Silver. com, GoldPrice.org, SilverPrice.org and BGASC.com. JMB also owns CyberMetals.com, an online platform where customers can buy and sell fractional shares of digital gold, silver, platinum and palladium bullion in a range of denominations. Goldline markets precious metals directly to the investment community through various channels, including television, radio and telephone sales activities. A-Mark also has minority interests in three additional direct-to-consumer brands.

The company operates its secured lending segment through its wholly owned subsidiaries, Collateral Finance Corporation (CFC) and AM Capital Funding. Founded in 2005, CFC is a California-licensed lender that originates and acquires loans backed by bullion and numismatic coins. His clients include coin and precious metal dealers, investors and collectors. AM Capital Funding was formed in 2018 to securitize eligible secured loans of CFCs.

A-Mark is headquartered in El Segundo, CA and has additional offices and facilities in the nearby Los Angeles area as well as Dallas, TX, Las Vegas, NV, Winchester, IN and Vienna, Austria. For more information visit www.amark.com.

About the certified collectibles group® (GTC®)
CCG is the world’s leading provider of expert, impartial, technology-enabled services that add value and liquidity to collectibles. CCG companies include Numismatic Guaranty Company™ (NGC®), Numismatic Conservation Services™ (NCS®), Paper money guarantee® (PMG®), Certified Guarantee Company® (Terms®), Classic Collector’s Sets® (CCS®), Certified Sports Guarantee® (CSG®), Authenticated stamp surety® (ASG®) and Collector’s Item Authentication Guarantee® (CAG®). Since 1987, CCG Companies have certified nearly 75 million coins, banknotes, comic books, trading cards, sports cards, stamps, real estate, and related collectibles. Today, CCG serves the collecting world online and at its offices in the US, UK, Germany and China. To learn more, visit collectiblesgroup.com

Important Notices Regarding Forward-Looking Statements
Statements in this press release that relate to future plans, goals, expectations, performance, events, and the like are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These include statements relating to expectations regarding future macroeconomic conditions and demand for precious metal products and the Company’s ability to respond effectively to changing economic conditions. Future events, risks and uncertainties, individually or collectively, could cause actual results or circumstances to differ materially from those expressed or implied by these statements. Factors that could cause actual results to differ include the following: failure to execute the Company’s growth strategy as planned; higher-than-expected costs incurred in executing this strategy; the evolution of the current international political climate which has favorably contributed to the demand and volatility of the precious metal markets; failure to achieve the expected benefits of the agreement; increased competition for the company’s higher-margin services, which could depress prices; the inability of the Company’s business model to respond to changes in the market environment as expected; changes in consumer demand and preferences for precious metal products in general; general risks of doing business in commodity markets; the effects of the COVID-19 pandemic and the possible return to normalized commercial and economic conditions; and the strategic, business, economic, financial, political and governmental risks described in the company’s public filings with the Securities and Exchange Commission. The words “should”, “believe”, “estimate”, “expect”, “intend”, “anticipate”, “foresee”, “plan” and similar expressions and variations thereof identify some of these forward-looking statements, which speak only to starting from the dates on which they were made. In addition, all statements regarding future performance improvements and estimates of revenue and earnings per share are forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

Company contact:
Steve Reiner, executive vice president, capital markets and investor relations
A-Mark Precious Metals, Inc.
[email protected]

Investor Relations contacts:
Matt Glover or Jeff Grampp, CFA
Gateway Investor Relations
[email protected]

Source: A-Mark Precious Metals, Inc.

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