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Old 11-06-2018, 08:48 AM   #1
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Valcambi to acquire bankrupt RMC?

Quote :
BALERNA, Switzerland, October 29, 2018 /PRNewswire/ --

Valcambi SA, one of the world's largest gold refiners, today announced that it has reached an understanding to acquire Republic Metals Corporation (RMC), a precious metals refiner based in Miami US, subject to completion of the final steps of due diligence. The two companies are working through the logistics of the planned integration.

The combined entity will ensure more efficient and better service to the existing and prospective clients of RMC. The combined entity will enhance the quality control, technology and various other aspects of refining of RMC and would make RMC one of the most preferred and best refinery of precious metals in the world.
https://www.prnewswire.com/news-rele...820137992.html

(paywall):
Quote :
Republic Metals Corporation – Discrepancies in Precious Metals Inventory Accounting Ultimately Culminate in Chapter 11 Filing
https://bankruptcompanynews.com/repu...ter-11-filing/
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Old 11-06-2018, 10:08 AM   #2
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Some details about RMC's bankruptcy here:

http://about.ag/RMC.htm
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Old 11-07-2018, 09:53 AM   #3
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