GOLD.COM ACQUIRES SUNSHINE MINTING

Gold.com, Inc., a fully-integrated alternative assets platform offering an extensive range of precious metals, numismatic coins, and collectibles, today announced the acquisition of Sunshine Minting, Inc. (SMI), a leading manufacturer of precious metals mint products and long-standing supplier to the Company.

The acquisition significantly expands Gold.com's vertically integrated minting platform and increases total production capacity to more than three million ounces of finished precious metals products per week across Sunshine Minting and Silver Towne Mint (STM).

Founded in 1979, SMI has built its industry leadership on an adept combination of art, technology, science, and craftsmanship. Through its state-of-the-art minting facilities, including a modern, full-service 142,000-square-foot operation in Henderson, NV and a 36,000-square-foot facility in Shanghai, China focused on Asia and the export market, SMI is a globally recognized leader in the supply of high-quality blanks, coins, and medallions, as well as a wide array of custom minted products with various finishes.

As the primary supplier of precious metal blanks struck by the United States Mint to create bullion, and a trusted partner to many of the world's largest sovereign mints, SMI also manufactures legal tender bullion for several countries, serving sovereign governments, major marketing companies, financial institutions, corporations, and private groups around the world.

Also included in the transaction is the acquisition of Liberty Refining in Hayden, ID, which was acquired by SMI in 2023. Serving as SMI's primary refining services partner since 2007, Liberty Refining provides ultra-high purity outturns to its customers with silver up to 99.99% purity and gold up to 99.999% purity.

Concurrent with the transaction, Jamie Meadows, President of STM, will become the CEO of the Company's newly created Minting & Refining Division and retain his position as President of STM. SMI CEO and majority owner Tom Power is remaining with SMI as a special advisor to the executive team.

"Sunshine Minting has been a trusted partner to Gold.com for decades, and we are excited to bring the business fully under our umbrella," said Greg Roberts, CEO of Gold.com. "By combining Sunshine Minting with Silver Towne Mint, we are creating one of the largest minting networks in North America, whose expanded platform will enhance Gold.com's ability to develop differentiated products, secure bullion supply during periods of strong demand, and deepen our relationships with the United States Mint and sovereign mints around the world."

Meadows added, "I'm excited to take the helm at what we intend to be the most preeminent minting network in North America. By bringing these two industry-leading mints together, we can better serve our customers and support the growing demand we are seeing across the global precious metals market."

Power commented: "Almost eight years ago when I was looking for the right partner to help bring additional value to our business, Gold.com (formerly A-Mark Precious Metals) was the perfect fit. Since then, Gold.com has been an outstanding partner, and I am excited to continue working with the team as the business enters its next phase of growth."

Jason Trubey will continue to serve as President and Chief Operating Officer of SMI, and Brent McCormick will become the Chief Operating Officer of STM. Each has served as a critical daily operations executive for more than 10 years and provides stability and continuity to support the minting businesses in periods of peak demand.

The Company initially acquired a 31.1% stake in Sunshine Minting in December 2020 and subsequently increased its ownership to 44.9% in May 2021. The current all-cash transaction acquires the remaining 55.1% ownership stake.

About Sunshine Minting

Sunshine Minting Inc. (SMI) was established in 1979, and Tom and Patricia Power acquired 100% of the operations in 2007. The company is a leading domestic and global supplier of precious metal mint products with manufacturing facilities in Nevada and Idaho, as well as a joint venture in Shanghai, China. SMI's primary customers are sovereign governments, financial institutions, corporations, major marketing companies, other businesses, and private groups. The company's commitment to excellence in customer service is evident across all facets of its business, as demonstrated by its ISO 9001:2015 Quality Management Systems certification. SMI's success is based on customer trust and respect, backed by its highly trained staff and utilization of the most modern melting, casting, rolling, and minting equipment available. Its dedication to continuous improvement enables SMI to meet the exacting requirements of its customers now and in the future. For more information, visit www.sunshinemint.com.

To read the complete article, see:
Gold.com Acquires Sunshine Minting, Creating One of North America's Largest Precious Metals Minting Platforms (https://ir.gold.com/news-events/press-releases/detail/218/gold-com-acquires-sunshine-minting-creating-one-of-north-americas-largest-precious-metals-minting-platforms)

To read the earlier E-Sylum article, see:
FAKE SILVER BARS OFFERED ON EBAY (https://www.coinbooks.org/esylum_v16n06a15.html)
LIBERTY DOLLAR CREATOR TO BE SENTENCED (https://www.coinbooks.org/esylum_v17n47a27.html)
WASTWEET, WARTENBERG HONORED AT ANA BANQUET (https://www.coinbooks.org/v27/esylum_v27n39a21.html)
STACK'S BOWERS PARENT BECOMES GOLD.COM (https://www.coinbooks.org/v28/esylum_v28n45a09.html)

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