Goldmoney Inc. Announces Asset Disposition

Core Viewpoint - Goldmoney Inc. has sold its St James Place real estate property for £37.9 million ($70.1 million) to a US-based institutional investor, with proceeds aimed at funding capital expenditures, reducing debt, and acquiring additional strategic properties [1][2]. Group 1: Sale Details - The SJP Property was sold for gross proceeds of £37.9 million ($70.1 million) [1]. - The sale is part of Goldmoney's strategy to enhance its property portfolio and financial position [2]. Group 2: Use of Proceeds - Net proceeds from the sale will be allocated to fund capital expenditures related to redevelopment properties within the existing portfolio [2]. - The funds will also be used to reduce outstanding indebtedness and support the acquisition of additional strategic property assets [2]. Group 3: Company Overview - Goldmoney Inc. specializes in the investment and custody of enduring real assets, offering precious metals trading services and secure custody solutions [3]. - The company has diversified interests in property investment and jewelry manufacturing [3].