Goldmoney Inc. Expands Global Vault Network with Two New Additions in Singapore, Germany
12 Setembro 2019 - 9:00AM
Business Wire
Goldmoney Now Offers Clients Storage Options at
15 Vault Locations in 8 Countries
Goldmoney Inc. (TSX:XAU) (US:XAUMF) (“Goldmoney”) (“the
Company”), a precious metal financial service and technology
company, today announced an expansion of its longstanding
partnership with a major global vault operator to offer secure and
insured precious metals custody at two new vault locations in
Singapore and Frankfurt, Germany.
Goldmoney Holding clients can now instantly purchase any amount
of 100% reserved physical gold and silver at the new Singapore
vault, as well as gold and soon, silver, at the Frankfurt vault.
Platinum and palladium are expected to become available in our new
Singapore location over the coming weeks. The two fully insured
facilities offer superb security, allowing Goldmoney clients to
further expand their storage diversification in Asia and
Europe.
Operated by our most trusted and well-respected long-term
vaulting partners, Goldmoney’s growing global vault network
currently spans 15 vault locations in eight countries, offering
clients unmatched financial flexibility and security.
“Diversification has always been important to our clients, now
more than ever,” said Paul Mannega, Chief Operating Officer of
Goldmoney. “Working with our longstanding partner, we are excited
to offer a third vaulting location in Asia’s financial hub
Singapore, and a new EU-based option in Frankfurt. We anticipate
further expansion to new geographical locations as we continue on
our mission of providing our clients with unparalleled choice.”
About Goldmoney Inc.
Goldmoney Inc. (TSX: XAU) is a precious metal focused company
that safeguards $2 billion of assets owned by clients located in
over 150 countries. The company’s activities include: sale and
purchase of precious metals and their storage through
Goldmoney.com, online jewelry retailing through Mene.com (TSX-V:
MENE), coin and bar sales and purchases through SchiffGold.com, and
gold and silver collateralized lending and borrowing through
LendBorrowTrust.com. Through these businesses Goldmoney provides
its shareholders with long-term exposure to the precious metals.
For more information about Goldmoney, visit goldmoney.com.
Forward‐Looking Statements
This news release contains or refers to certain forward-looking
information. Forward-looking information can often be identified by
forward-looking words such as “anticipate”, “believe”, “expect”,
“plan”, “intend”, “estimate”, “may”, “potential” and “will” or
similar words suggesting future outcomes, or other expectations,
beliefs, plans, objectives, assumptions, intentions or statements
about future events or performance. All information other than
information regarding historical fact, which addresses activities,
events or developments that the Goldmoney Inc. believes, expects or
anticipates will or may occur in the future, is forward-looking
information. Forward-looking information does not constitute
historical fact but reflects the current expectations the Company
regarding future results or events based on information that is
currently available. By their nature, forward-looking statements
involve numerous assumptions, known and unknown risks and
uncertainties, both general and specific, that contribute to the
possibility that the predictions, forecasts, projections and other
forward-looking information will not occur. Such forward-looking
information in this release speak only as of the date hereof.
Forward-looking information in this release includes, but is not
limited to, statements with respect to: service times for
transactions on the Goldmoney network; growth of the Company’s
business, expected results of operations, and the market for the
Company’s products and services and competitive conditions. This
forward-looking information is based on reasonable assumptions and
estimates of management of the Company at the time it was made, and
involves known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking information. Such factors include, among others:
the Company’s operating history; history of operating losses;
future capital needs and uncertainty of additional financing;
fluctuations in the market price of the Company’s common shares;
the effect of government regulation and compliance on the Company
and the industry; legal and regulatory change and uncertainty;
jurisdictional factors associated with international operations;
foreign restrictions on the Company’s operations; product
development and rapid technological change; dependence on technical
infrastructure; protection of intellectual property; use and
storage of personal information and compliance with privacy laws;
network security risks; risk of system failure or inadequacy; the
Company’s ability to manage rapid growth; competition; the ability
to identify opportunities for growth internally and through
acquisitions and strategic relationships on terms which are
economic or at all; effectiveness of the Company’s risk management
and internal controls; use of the Company’s services for improper
or illegal purposes; uninsured and underinsured losses; theft &
risk of physical harm to personnel; precious metal trading risks;
and volatility of precious metals prices & public interest in
precious metals investment; and those risks set out in the
Company’s most recently filed annual information form, available on
SEDAR. Although the Company has attempted to identify important
factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. The Company undertakes no obligation
to update or revise any forward-looking information, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190912005120/en/
Renee Wei Director of Global Communications Goldmoney
Inc. renee.wei@goldmoney.com
Steve Fray Chief Financial Officer Goldmoney Inc. +1 647
499 6748
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