The Perth Mint Gold Token (PMGT) has been discontinued, and the deadline to trade out of any remaining PMGT positions has now passed

The Perth Mint Gold Token has been discontinued. As advertised, all token holders had until 31 October 2023 to trade out of their positions.

As this date has now passed, remaining PMGT holder's only option is to lodge a manual redemption request with the PMGT support team:

Please note, this process includes completing a Know Your Customer (KYC), ID verification, and bank account verification, as well as proving that you have control over the Ethereum address holding your PMGT position.

Following the deactivation of the PMGT smart contract on 1 November 2023, all remaining PMGT holdings were sold, locking in the gold price on this date.

When you contact Trovio for your PMGT redemption, you will receive the backdated gold price minus any fees owing.

Key Dates:

Description Deadline
PMGT was delisted from Independent Reserve and was no longer able to be traded using this platform. 30 June 2023
The Perth Mint Gold Token (PMGT) Smart Contract was deactivated and was no longer able to be exchanged on GoldPass. 31 October 2023
Any remaining PMGT holders will need to contact us directly to begin the manual withdrawal process. From: 1 November 2023
After this date, we may no longer be able to assist with manual withdrawals. TBC

Please note: All transactions and/or account openings are subject to the relevant Anti Money Laundering (AML) and Know Your Customer (KYC) procedures as required by Australia’s AML and Counter-Terrorism Financing (CTF) Act.

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