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SA Bullion Management merges

I-Net Bridge | Wed, 15 Jul 2009 20:52
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[miningmx.com] -- SA Bullion Management, which enables the public to invest in gold bullion Krugerrands, said on Wednesday it had merged with Aurum Gold Investor Services, a 100%, black-owned, gold bullion investment platform.

This creates a single entity that caters for the full range of investors from large institutions to the smallest private investor.

Said Hilton Davies, the founding director of SA Bullion: "The merging of services and companies to a single brand strengthens our brand proposition and clarifies our service offering for clients as a turnkey investment solution for the purchase, storage, insurance and redemption of physical gold bullion Krugerrands, all at large-volume wholesale prices."

According to Imran O'Brien, an executive director of SA Bullion, the merger enables SA Bullion to derive the benefits of a larger and stronger group driving the vision of unlocking the benefits of title-owned physical gold for all South Africans.

"We share the belief that gold should be the bedrock currency component in any investment portfolio, that it is the safest store of wealth in these uncertain economic times and that it should be made as widely accessible as possible to provide financial security and opportunity to the greatest number of investors."

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