Tag Archive: gold interest

Monetary Metals Provides Gold Loan to Sector Resources

2020-06-10

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2020-06-10

The loan is denominated in gold with interest and principal paid in gold. Scottsdale, Ariz., June 9, 2020—Monetary Metals® announced today that it has loaned gold to Sector Resources Canada Ltd., a British Columbia based gold mining company. The private transaction was conducted off-market, and the interest rate and terms were not disclosed.

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Monetary Metals Leases Gold to Brite Metals

2020-04-11

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2020-04-11

Scottsdale, Ariz, April 7, 2020—Monetary Metals® announced today that it has leased gold to UK-based Brite Metals. The lease enables Brite Metals to buy gold from Latin American gold miners, and sell it to European refiners.

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Gold Bullion International Lease #1 (gold)

2019-06-20

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2019-06-20

Gold Offers for Gold Bullion International
Monetary Metals leased silver to Gold Bullion International, to support the growth of its gold jewelry line. The metal is held in the form of inventory in a third party depository.

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Money Metals Exchange Lease #1 (silver)

2019-05-06

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2019-05-06

Silver Offers for Money Metals Exchange
Monetary Metals leased silver to Money Metals Exchange, to support the growth of its gold and silver bullion  business. The metal is held in the form of inventory in its vault. For more information see Monetary Metals’ press release.

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Quantum Metal Lease #1 (gold)

2019-02-13

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2019-02-13

Offers for Quantum Metal
Monetary Metals leased gold to Quantum Metal, to support the growth of its gold distribution business through retail bank branches. The metal is held in the form of retail Perth Mint bars.

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Monetary Metals Leases Gold to Quantum Metal

2019-02-08

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2019-02-08

Offers for Quantum Metal
Scottsdale, Ariz, February 8, 2019—Monetary Metals® announces that it has leased gold to Quantum Metal, to support the growth of its business of selling gold through retail banks. Investors earn 4.5% on their gold, which is held as Perth Mint minted gold bars in inventory. Monetary Metals has a disruptive model, leasing gold from investors who own it and subleasing it to businesses who need it, typically for inventory or work-in-progress.

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