GlobeNewswire Inc | May 6, 2021 08:00AM EDT

May 06, 2021

EL SEGUNDO, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has expanded its trading team with the appointment of Rick Gibbons to the new position of senior vice president of trading, global precious metals.

Gibbons brings to A-Mark more than three decades of experience in precious metals trading. Prior to A-Mark, Gibbons was a senior trader in HSBCs precious metals division. During his 34-year tenure at HSBC, Gibbons helped to establish the firm as one of the world's leading institutional precious metals firms. He started his career at Merrill Lynch, where he completed the firms prestigious training program, and is a longtime member of the International Precious Metals Institute (IPMI).

Ricks extensive background from mine finance and end user consumption to institutional trading, makes him a valuable addition to our trading team, said Kevin Pelo, executive vice president and head of global trading for A-Mark. Rick brings a proven track record and deep industry relationships to our company, which we look forward to leveraging as we expand A-Marks trading operations globally.

About A-Mark Precious MetalsFounded in 1965,A-Mark Precious Metals, Inc.(NASDAQ: AMRK) is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, copper and palladium bullion, numismatic coins and related products to retail and wholesale customers via a portfolio of channels. The company conducts its operations through three complementary segments: Direct-to-Consumer, Wholesale Sales & Ancillary Services, and Secured Lending. The companys global customer base spans sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, and e-commerce and other retail customers.

A-Mark is headquartered inEl Segundo, California, with offices and facilities inLos Angeles, California,Vienna, Austria,Las Vegas, Nevada,Winchester, Indiana, and Dallas, Texas. For more information, visitwww.amark.com.

Company Contact:Steve Reiner, Executive Vice President, Capital Markets & Investor RelationsA-Mark Precious Metals, Inc.310.587.1410sreiner@amark.com

Investor Relations Contact:Matt GloverGateway Investor Relations1-949-574-3860AMRK@gatewayir.com