Republic Metals Corporation Achieves COMEX Gold Brand Registration
MIAMI, Sept. 17, 2014 /PRNewswire/ -- Republic Metals Corporation (Republic Metals) is proud to announce the addition of the Republic Metals brand to the Chicago Mercantile Exchange's (COMEX) "Official List of Approved Gold Brands" effective September 16, 2014.
The addition to this exclusive list means that Republic Metals-brand gold is now deliverable against the exchange's gold futures contracts, as well as eligible for holding in Individual Retirement Accounts (IRA). COMEX has demanding membership standards that are continuously monitored and enforced to ensure a superior level of quality among member organizations.
"Republic Metals is very pleased to have achieved good delivery status for gold at the COMEX. Today's announcement is one of many recent positive developments for Republic Metals as we seek to further the reach of the Republic Metals Brand and increase the availability and liquidity of our high grade investor products," says Jimmy Gavilan, Senior Vice President of Market Development for Republic Metals.
News of this esteemed recognition comes shortly after Republic Metals was honored to have received member certification from the Responsible Jewellery Council (RJC) as well as recognition from the Conflict Free Smelter Initiative (CFSI).
Headquartered in Miami, Republic Metals was established in 1980 and has since grown to become one of the largest and most respected primary precious metals refineries in the world. Throughout its illustrious history, Republic Metals has displayed excellence in precious metals refining in a manner that is considered environmentally friendly, as demonstrated through its long-standing ISO14001 registration. Republic Metals is honored to be listed by both the London Bullion Market Association (LBMA) and COMEX as a good delivery refiner. As an LBMA-designated "Responsible Gold Party," all business conducted by Republic Metals is performed in accordance with its stringent Patriot Act compliance and supply chain policies.
About The Chicago Mercantile Exchange (CME Group)
"CME Group is the world's leading and most diverse derivatives marketplace, handling 3 billion contracts worth approximately $1 quadrillion annually (on average). The company provides a marketplace for buyers and sellers, bringing together individuals, companies and institutions that need to manage risk or that want to profit by accepting risk." 1
1. "CME Group Overview." - CME Group. 2014. Web. 15 June 2014. http://www.cmegroup.com/company/history/.
Contact:
Republic Metals Corporation
12900 NW 38th Ave.
Miami, FL 33054
888-685-8505
www.republicmetalscorp.com
[email protected]
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SOURCE Republic Metals Corporation
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