Tradeshow Marketing To Buy Precious Metals Recycling Firm
April 20, 2009 (FinancialWire) — Tradeshow Marketing Co., Ltd. (OTC: TSHO) (Current Market Cap: US$34.65 K.) said it has entered into a letter agreement for the acquisition of a precious metals recycling and refining company.
The company said that the deal is subject to the receipt of regulatory approvals, among other conditions, and that both parties to the deal have agreed to a non-solicitation period expiring on May 15.
Tradeshow Marketing said that the its acquisition target purchases items containing precious metals and processes and refines them into their pure form. The company primarily purchases gold, silver, and copper from recycling retail customers’ jewelry, coins, electronic components, and heirloom collectables.
It also offers recycling services for other precious metals, such as platinum and palladium, according to Tradeshow Marketing.
Tradeshow Marketing said it believes it can increase shareholder value by acquiring gold, silver, platinum, and other precious metals, “without the risks of large capital costs and the inherent environmental and political hazards associated with the traditional forms of mining.” It plans instead to acquire the metals from the general public through its trade show presence and the company’s As Seen on TV-related brand names.
Shammish, Washington-based Tradeshow Marketing is a specialty product development and direct to consumer commerce company with operations in North America. The company has experience in trade shows and ecommerce, and owns and operates specialty retail stores.
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