PARIS, July 19, 2013 /PRNewswire/ -- PMX Communities Inc. (OTCQB: PMXO), a precious metals incubation company, today announced entrance into South Africa.
"Gold and South Africa have had a strong symbiotic relationship. The Krugerrand not being .9999 bullion grade gold purity has still always been a world recognized popular keepsake for precious metals gold collectors. We are working with partners in South Africa to expand our gold terminal deployment before year-end and have begun the nationalization of our PCT application into South Africa," stated Meris Kott, Managing Director of PMX Gold Bullion Sales Inc. from Paris, France.
PMX Gold will produce in precious metals refineries in South Africa as importation of gold into the country is forbidden. The deployment of the MGIV machines will be coordinated with real estate experts on the ground in larger cities in South Africa.
PMX Gold Bullion Sales Inc. a wholly owned subsidiary of PMX Communities Inc. launched the MGIV gold terminal in Town Center, Boca Raton, in January 2013. It is a specialty gold dispensing machine from which consumers can purchase varying denominations of fine gold bullion bars and coins with a swipe of their global credit and debit cards. Pursuant to the first MGIV machine being placed, PMX hopes for a strong USA presence. Discussions are ongoing regarding the international rollout of further gold terminals in major cities around the globe.
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SOURCE PMX Gold