Featured offerings

Gold Vault Partners and the Metals House Bond

Two gold-linked private credit offerings placed through US Capital Global Securities LLC. This page sets out each offering’s structure, stated terms and positioning, drawn from the source documents linked below.

Gold Vault Partners Metals House Bond Source documents

Informational content only. Not an offer or solicitation to buy or sell any security, and not investment advice.

Offering one

Gold Vault Partners LLC

Unlocking value in America’s historic gold mines

Gold Vault Partners is applying modern recovery methods to gold and silver-bearing surface ore left behind at historic mines across the American Southwest. The company identifies, evaluates, acquires and develops these overlooked resources.

Offering terms

Issuer: Gold Vault Partners LLC
Seeking: $50 million
Instrument: Senior Secured Notes (senior secured private credit)
Purpose: Expand gold and silver recovery operations across the Southwestern United States
Placement: Offered through US Capital Global Securities LLC

Gold Vault at a glance

$250 million
Estimated gold-bearing asset value to date
34
Mining claims acquired
2.5M+ tons
Gold and silver-bearing surface material within current claims
50,000 tons
Surface ore identified at the Jessup site

Investment case as stated

Substantial initial asset base
Approximately $250 million in gold-bearing above-ground resources associated with 34 mining claims.
Established recovery model
Modern processing techniques are designed to recover valuable metals from historic surface ore and tailings.
Scalable pipeline
A proprietary database of more than 10,000 historic mine sites provides a foundation for continued expansion.
Experienced team
Management combines expertise across mining, geology, operations, finance and corporate development.

How it works: from historic mine to recoverable resource

Step 1
Identify
Screen thousands of historic mine sites using government assay data.
Step 2
Evaluate
Assess location, infrastructure, environmental factors and economic potential.
Step 3
Sample & assay
Collect physical samples and independently test gold and silver concentrations.
Step 4
Secure
Acquire claims to sites that meet Gold Vault’s criteria.
Step 5
Recover & process
Recover above-ground material and process it using modern technology.
Step 6
Monetize
Produce concentrated gold- and silver-bearing material for refining and sale.

The Jessup site

The Jessup site contains approximately 50,000 tons of historic gold- and silver-bearing surface ore, concentrated in 15 major piles. Test processing of 20 tons in early 2026 demonstrated recovery of approximately 3.4 grams per ton ($450 per ton). Full production is scheduled to commence in Q1 2027.

Leadership

Bennett J. Yankowitz
Chief Executive Officer
Jeffrey Sweeney
Senior Financial Advisor
Bill Hall
Senior Financial Advisor

Offering two

The Metals House Bond

$100 million · 5-year · BBB– rated · 9.75% fixed

A five-year, $100 million listed Eurobond offering a fixed annual rate of 9.75%. Proceeds are used by Metals House Inc. to purchase physical gold and to support its continued expansion.

Offering terms

Instrument: Five-year listed Eurobond (the “Metals House Bond”)
Size: $100 million
Rating: BBB– (Investment Grade)
Fixed annual rate: 9.75%
Issuer of the notes: S1 Series DAC, part of a €5 billion secured note programme
Borrower / use of funds: Metals House Inc. — to purchase physical gold and support its continued expansion
Placement: US Capital Global Securities LLC

Structure and security

Collateral
Backed by a senior secured loan that includes gold assets as collateral. The underlying assets consist of physical gold inventory or U.S. dollars held in bank accounts.
Operating business
Metals House Inc. is an established global physical precious metals company with 11 offices in 9 countries on 4 continents. It partners with suppliers of physical gold through long-term contracts, buying inventory at a discount to the London spot price.
Inventory protection
Physical precious metals inventory is hedged against market fluctuations, fully insured, and held in bonded vaults at a bank or refinery, or in transit with a secure logistics company.
Financial oversight
The announcement states KPMG had just completed its fifth annual audit of the company’s financials.

Presented by the placement agent

“We are thrilled to present this investment opportunity to our eligible US and non-US investors,” said Charles Towle, CEO of US Capital Global Securities. The announcement is dated June 2024.

Institutional positioning

How the two offerings sit together

Regulated placement
Both offerings are made through US Capital Global Securities LLC, an SEC-registered broker-dealer, FINRA member and SIPC member, with private placement operations registered in the UK (FCA) and the UAE (DFSA).
Hard-asset collateral with income
Jeffrey Sweeney, Founder and Chairman of US Capital Global, describes gold-backed private credit as combining hard-asset backing with contractual income, while noting that it does not make an investment risk-free.
Two different routes to gold
Metals House deploys gold inside an operating business that trades physical metal. Gold Vault targets gold- and silver-bearing material that has already been mined and sits above ground.

Both offerings are discussed in Mr. Sweeney’s article “Beyond Bullion: Gold-Backed Income in a Digital World,” which also notes that collateral can decline in value, counterparties can fail, and private securities carry credit, execution, liquidity and other risks.

Documents

Source documents

The figures on this page come from the documents below. Each opens in a new tab on its original site.

Important information

Levi Global Strategies LLC is not the issuer, placement agent or broker-dealer for either offering. Securities are offered through US Capital Global Securities LLC (“USCGS”), a U.S. registered broker-dealer and member FINRA/SIPC. Darrell W. Levi Sr. serves as a consultant to US Capital Global.

This page is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any security. Any offer will be made only pursuant to the applicable confidential offering documents, which control in the event of any inconsistency. Information concerning Gold Vault Partners LLC has been provided by the company and has not been independently verified by USCGS. These opportunities are available to eligible and accredited investors only.

Private investments are generally illiquid, offer no guarantee of returns and involve substantial risk, including the possible loss of principal. Past performance is not indicative of future results. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. Prospective investors should consult their financial, legal and tax advisers.

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