APMEX Launches Wholly Owned Subsidiary – Citadel Global Depository Services

Citadel Offers High Security, Third Party, Vault Storage Solutions for APMEX Customers

  • Unparalleled security under an agreement between Citadel and one of the world’s most prestigious private vault services
  • Free account set-up, no fees until a deposit is made; Free shipping to storage
  • For a limited time customers making new purchases from APMEX will receive first three months of storage Free
  • Easy, one click to place APMEX purchases into private and secure third party storage

OKLAHOMA CITY, March 6, 2012– APMEX, Inc., one of the largest online retailers of Gold, Silver and other precious metals, today announced the launch of Citadel Global Depository Services, Inc., a wholly owned subsidiary.  Through a proprietary agreement with one of the world’s largest secure vault services, Citadel customers will have the opportunity to safely store their Gold, Silver and other precious metals in a high and private security storage facility. Details of the arrangement are found at http://www.cgdsi.com/.

Michael Haynes, CEO of APMEX, Inc., said, “The launch of Citadel complements the services of APMEX in that a customer can decide either to take direct physical delivery by courier or instruct Citadel to deposit the products into the internationally recognized secure storage facility with a  fully segregated and fully allocated account, identified by number.” Haynes continued, “We believe this is one of the most significant advancements in the acquisition of physical Gold, Silver and other precious metals, in that a purchase can be completed on the Internet with a click, followed by independent, third party secure storage with a click. Our customers receive a transaction and monthly statement of their holdings.”

Citadel has the ability to store all types of Gold, Silver and other precious metal coins, bars and rounds that are sold by APMEX. At the APMEX checkout, Citadel customers will have the option to send their APMEX purchases directly to a high security storage facility at no cost for shipping. All holdings stored through Citadel are fully protected against physical loss, damage or theft. All of the Gold, Silver and other precious metals are fully allocated and completely segregated for each individual customer, and are housed in an individual location, separate from those of other customers. In addition, customers can review current holdings and transaction details at any time by visiting the Citadel website. Customers can create a new account on Citadel’s website at http://www.cgdsi.com/.

“We are very excited to offer a service that will provide our customers with detailed reporting,  protection against loss or damage, highly-competitive pricing, fully segregated storage, and complete confidentiality,” said Michael Garofalo, President of Citadel. “We believe that our agreement with a major international, third party storage service offers reassurance to our customers that their products are safe and secure, and that sets us apart from our competitors.”

About Citadel Global Depository Services, Inc.

Citadel Global Depository Services, Inc. is a wholly-owned subsidiary of APMEX, Inc. Citadel provides customers with a safe and secure vault storage solution for their precious metal holdings. For additional information visit http://www.cgdsi.com/ or call 1-888-518-7596.

About APMEX, Inc.

APMEX, Inc. is one of the largest online retailers of Gold, Silver and other precious metal products and offers one of the world’s largest retail selections including all U.S. Mint bullion products such as Gold, Silver and Platinum American Eagle Bullion coins. In addition, APMEX  also sells all types of Royal Canadian Mint Products including Gold, Silver,  Platinum and Palladium Maple Leaf coins as well as Krugerrand gold coins of South Africa. APMEX is also a member of the American Numismatic Association, the International Precious Metals Institute  and the Industry Council for  Tangible Assets. For additional information visit http://www.APMEX.com/ or call 1-800-375-9006

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