SANTA MONICA, Calif., Dec. 22, 2014 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (Nasdaq:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign Mints, announced that its Board of Directors has nominated Beverley Lepine, formerly of the Royal Canadian Mint, for election to A-Mark's Board of Directors at the 2015 Annual Meeting, which is scheduled for February 6, 2015. The company's seven incumbent directors are also seeking re-election to the Board of Directors. The Board also approved the addition of one Board seat, so that there will be eight directors elected at the Annual Meeting. No other nominations were submitted.
Ms. Lepine, aged 62, retired as Chief Operating Officer from the Royal Canadian Mint, a Canadian Federal Crown Corporation after 27 years in various positions, including Chief Financial Officer and Vice President Manufacturing. Prior to joining the Royal Canadian Mint, Ms. Lepine worked from 1980-1987 for the Treasury Board Secretariat of the Government of Canada and Via Rail Canada. Upon graduating with a Bachelor's degree in Business Administration from Bishop's University in 1974, Ms. Lepine worked for Clarkson Gordon from 1974-1980 where she obtained her Chartered Public Accountant (CPA) designation in 1978. She obtained her Institute of Corporate Directors Certificate (ICD.D) in 2011.
"Bev has an extensive reputation in and knowledge of the worldwide minting and coinage industries," said Greg Roberts, A-Mark's CEO. "We are confident that she will be a valuable addition to our Board and are delighted that she has agreed to be nominated."
The company expects that it will mail a definitive proxy statement and proxy card to its stockholders entitled to vote at the Annual Meeting in early January 2015.
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 over 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.