Goldmoney Receives Exemption from Canadian Securities Regulators for its Precious Metals Purchase and Storage Services in Canada
TORONTO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Goldmoney Inc. (TSX: XAU) (US: XAUMF) (“Goldmoney” or the “Company”), today announced that it has received exemptive relief (“ Exemptive Relief ”) from Canadian securities regulators allowing it and two of its operating subsidiaries, (collectively the “exempted Goldmoney entities”) to continue offering clients in Canada precious metals purchase and storage services to facilitate their precious metals transactions (“Precious Metals Transactions”).
- TORONTO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Goldmoney Inc. (TSX: XAU) (US: XAUMF) (“Goldmoney” or the “Company”), today announced that it has received exemptive relief (“ Exemptive Relief ”) from Canadian securities regulators allowing it and two of its operating subsidiaries, (collectively the “exempted Goldmoney entities”) to continue offering clients in Canada precious metals purchase and storage services to facilitate their precious metals transactions (“Precious Metals Transactions”).
- Clients with Canadian addresses who enter into precious metals transactions and create on-line holdings (“Holdings”) with Goldmoney will continue to transact on the Company’s online proprietary internet-based platform.
- GVI or GVUK arrange precious metals storage as agents for clients with third party vault custodians acceptable to Canadian securities regulators.
- It eliminates regulatory uncertainty in our Canadian precious metals business and could not have been achieved without the cooperation of the Canadian regulators who took part.