NEW WORLD PRECIOUS METALS Customer Acknowledgement

Customer herein Acknowledges that:

  1. Each transaction made by the customer is a purchase or sale of Physical Precious Metals product for immediate delivery and is NOT a “FUTURES CONTRACT, OPTION ON A FUTURES CONTRACT” OR “SECURITIES” Transaction.

  2. The choice of payment in Full or the use of Collateralized financing is that of the customer.

  3. Purchases made for Drop Shipment “Home Delivery” must be paid in Full, including all related costs, prior to shipment.

  4. Customer has the intent, but not the obligation to take home Delivery.

  5. That all conversations between Customer and NEW WORLD PRECIOUS METALS may be tape recorded.

  6. That all orders (purchase or sale) placed by Customer with NEW WORLD PRECIOUS METALS are final and therefore, are not subject to cancellation or modification, unless mutually agreed to in writing by Customer and NEW WORLD PRECIOUS METALS.

  7. The decisions of the Customer to purchase or sell Precious Metals Products are solely those of the Customer, and the Customer is aware of the inherent Risks involved in owning Precious Metals.

  8. Commissions Charged to the Customer by NEW WORLD PRECIOUS METALS are a maximum of 5% of the Total Market Value on Purchases and 2% of the total Market Value on Sales.

  9. The Customer agrees that any disputes relating to this Acknowledgement will be submitted to binding arbitration. The venue for any such arbitration shall be exclusively the Supreme Court of the Province of Alberta, and all parties agree that any arbitration award shall be binding and convertible to a Supreme Court of the Province of Alberta judgment subject to the laws of the Province of Alberta and further subject to any modifications thereof permissible thereunder.

  10. The Customer hereby accordingly waives the right to any other remedy or to proceed with any court action and further hereby waives jurisdiction and venue other than as set forth in this Acknowledgement.

When completing this customer acknowledgement, please enter the information based upon the following account types:

  • Individual Accounts: Enter the information for the Account Holder.
  • Joint Accounts: Enter the information for the Primary Account Holder.
  • Corporate Accounts: Enter the information for an authorized Corporate Officer.

If you also choose to open an account with Precious Metals International, Ltd. (PMI), the information you enter on this Acknowledgement will be forwarded to PMI for use on their Account Opening Paperwork. For Joint Accounts and Corporate Accounts, you will be asked to provide additional information.

By submitting this document electronically, you are:

  1. Agreeing under penalty of perjury, that the information you provide is true and accurate as of the date of your submission; and

  2. That you agree to be legally bound by this document with the same authority that would be granted under your personal signature.

  3. You hereby consent and agree that the use of a key pad, mouse or other device to select an item, button, icon or similar act/action while using any electronic service we offer; or in accessing or making any transactions regarding any agreement, acknowledgment, consent, terms, disclosures or conditions constitutes your signature, acceptance and agreement as if actually signed by you in writing. Further, you agree that no certification, authority or other third party verification is necessary to validate your electronic signature; and that the lack of such certification or third party verification will not in any way affect the enforceability of your signature or any resulting contract between you and NEW WORLD PRECIOUS METALS.

In order to complete and submit this document, you must acknowledge your agreement to the terms above.

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