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DISCLAIMER


Last Updated: January 31, 2024

Thank you for choosing Bullion Ventures Inc. (“Company”, “we”, “us”, or “our”) as your trusted bullion provider. We understand that investing in precious metals carries inherent risks, and we strive to provide transparency and clarity regarding our policies, including our Market Loss Policy. Please carefully review the following policy, which outlines our procedures and guidelines regarding market losses associated with your bullion purchases.

1. Understanding Market Losses

Investing in precious metals involves exposure to market volatility. Market prices for gold, silver, platinum, and other precious metals can fluctuate based on various factors such as economic conditions, geopolitical events, supply and demand dynamics, and investor sentiment. These fluctuations can result in the potential for both gains and losses on your investment.

2. Market Loss Policy Overview

Our Market Loss Policy is designed to provide guidance and clarity regarding the handling of market losses associated with your bullion purchases from Bullion Ventures Inc. We aim to balance the interests of our customers with the operational realities of managing market risks.

3. Applicability

This Market Loss Policy applies to all purchases of bullion products made through our website [www.bullionventures.com] (the “Website”) and any related transactions.

4. Calculation of Market Losses

Market losses are calculated based on the price differential between the purchase price of the bullion product and the prevailing market price at the time of a return or sale. The market price used for calculations will be the prevailing bid price listed on reputable precious metals exchanges or market data providers at the time of processing the return or sale transaction.

5. Return Policy

While we strive to provide accurate product descriptions and images, we understand that circumstances may arise where you may need to return your bullion products. Our Return Policy outlines the procedures and guidelines for returning bullion products. Please refer to our Return Policy for detailed information on eligibility, timelines, and return conditions.

6. Handling of Market Losses

a. Return within the Return Policy Period: If you choose to return your bullion products within the applicable return period specified in our Return Policy, we will refund you the purchase price less any applicable restocking fees and shipping costs. Any market losses incurred between the purchase and return will be borne by the customer.

b. Sale or Liquidation: If you choose to sell or liquidate your bullion products to Bullion Ventures Inc., any market losses incurred between the purchase and sale will be reflected in the buyback price offered to you. The buyback price will be based on the prevailing market price at the time of the sale transaction.

c. Market Loss Waiver: In certain cases, we may offer a market loss waiver as a gesture of goodwill or under specific promotional offers. The terms and conditions of such waivers will be communicated clearly at the time of purchase or as part of the promotion.

7. Discretionary Adjustments

We reserve the right to make discretionary adjustments to our Market Loss Policy in exceptional circumstances or to address specific customer concerns. Any such adjustments will be made in accordance with applicable laws and regulations and will be communicated to affected customers in a transparent manner.

9. Changes to the Market Loss Policy

We reserve the right to update or modify our Market Loss Policy from time to time to reflect changes in market conditions, industry best practices, or regulatory requirements. Any updates or modifications will be effective immediately upon posting the revised policy on our Website. We encourage you to review this policy periodically to stay informed about any changes.

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