Gold Resource Corp. – a low-cost gold producer, is launching the Gold and Silver Dividend Program on April 10, 2012, for its shareholders.
President of Gold Resource Corp, Jason Reid, said that the new program would be beneficial for shareholders, for sure. He also added that delivering dividends in the form of silver and gold to the company’s shareholders was a long-term goal that is now on the way to being accomplished.
The company offers its shareholders a unique chance of converting their cash dividends into Double Eagles of one ounce of 0.999 fine gold and/or one ounce 0.999 fine silver.
To achieve this, Gold Resource Corp. has partnered with GBI – Gold Bullion International – a New York-based precious metals provider. GBI has its storage vaults in New York, Salt Lake City, Australia, Zurich, London and Singapore. The double eagles or the silver rounds will be withdrawn from Goro’s treasury and deposited into the shareholders’ individual bullion account with GBI.