A-Mark Precious Metals Appoints Grant Thornton as Independent Auditor

SANTA MONICA, Calif., June 12, 2015 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (Nasdaq:AMRK), a full-service precious metals trading company, appointed Grant Thornton LLP, a leading international accounting and management consulting firm, to serve as its independent registered public accounting firm.

“Given our increasing emphasis on international markets and expansion, it was important to retain a top tier audit firm with global capabilities,” said Greg Roberts, A-Mark’s CEO. “As the sixth largest accounting firm globally, Grant Thornton brings extensive resources, knowledge and accounting understanding of A-Mark’s unique business. Their appointment offers our company the best combination of quality services and international expertise. We look forward to working with the Grant Thornton team.”
                                
About Grant Thornton
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. In the United States, Grant Thornton has revenue in excess of $1.3 billion and operates 57 offices with more than 500 partners and 6,000 employees. Grant Thornton works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations. For more information, visit www.grantthornton.com.

About A-Mark Precious Metals
A-Mark Precious Metals, Inc. is a full-service precious metals trading company and an official distributor for many government mints throughout the world. The company offers gold, silver, platinum and palladium in the form of bars, plates, powder, wafers, grain, ingots and coins. Its Industrial unit services manufacturers and fabricators of products utilizing or incorporating precious metals, while its Coin & Bar unit deals in more than 200 coin and bar products in a variety of weights, shapes and sizes for distribution to dealers and other qualified purchasers. The company operates trading centers in Santa Monica, California, and Vienna, Austria, for buying and selling precious metals.

In addition to wholesale and trading activity, A-Mark offers customers a variety of services, including financing, consignment and various customized financial programs. As a U.S. Mint-authorized purchaser of gold, silver and platinum coins, A-Mark purchases bullion products directly from the U.S. Mint for sale to customers. A-Mark also has distributorships with other sovereign mints, including in Australia, Austria, Canada, China, Mexico and South Africa. Customers of A‑Mark include mints, manufacturers and fabricators, refiners, coin and metal dealers, banks and other financial institutions, jewelers, investors and collectors. For more information about A-Mark Precious Metals, visit www.amark.com.

Through its subsidiary Collateral Finance Corporation, a licensed California Finance Lender, the company offers loans collateralized by numismatic and semi-numismatic coins and bullion to coin and metal dealers, investors and collectors. Through its Transcontinental Depository Services subsidiary, it offers a variety of managed storage options for precious metals products to financial institutions, dealers, investors and collectors around the world.

 

Company Contact:
Thor Gjerdrum, EVP & COO
A-Mark Precious Metals, Inc.
(310) 587-1414
thor@amark.com

Investor Relations Contact:
Matt Glover or Michael Koehler
Liolios Group, Inc.
(949) 574-3860
AMRK@liolios.com

Source: A-Mark Precious Metals