<SEC-DOCUMENT>0001157523-14-000959.txt : 20140305
<SEC-HEADER>0001157523-14-000959.hdr.sgml : 20140305
<ACCEPTANCE-DATETIME>20140305090035
ACCESSION NUMBER:		0001157523-14-000959
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140305
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140305
DATE AS OF CHANGE:		20140305

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DGSE COMPANIES INC
		CENTRAL INDEX KEY:			0000701719
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-JEWELRY STORES [5944]
		IRS NUMBER:				880097334
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11048
		FILM NUMBER:		14667526

	BUSINESS ADDRESS:	
		STREET 1:		15850 DALLAS PARKWAY
		STREET 2:		SUITE 140
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75248
		BUSINESS PHONE:		9725874049

	MAIL ADDRESS:	
		STREET 1:		15850 DALLAS PARKWAY
		STREET 2:		SUITE 140
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75248

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DALLAS GOLD & SILVER EXCHANGE INC /NV/
		DATE OF NAME CHANGE:	19930114

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN PACIFIC MINT INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANYON STATE CORP
		DATE OF NAME CHANGE:	19860819
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50817216.htm
<DESCRIPTION>DGSE COMPANIES, INC. - 8-K
<TEXT>
<html>
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    <title></title>
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><br>
    </p>
    <hr style="text-align: center; height: 1.0 pt; color: #000000; width: 20%">


    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>FORM 8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of Report </b></font><font style="font-family: Times New Roman; font-size: 10pt">(Date
      of earliest event reported):</font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>
      March 5, 2014 </b></font><font style="font-family: Times New Roman; font-size: 10pt">(February
      27, 2014)</font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><br><br><br><font style="font-size: 14pt"><b>DGSE
      COMPANIES, INC.</b></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 34%; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Nevada</b>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 33%; white-space: nowrap; padding-right: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>1-11048</b>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; width: 33%; white-space: nowrap; padding-right: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>88-0097334</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; width: 34%; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or Other
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Jurisdiction of
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Incorporation)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 33%; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            File Number)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 33%; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <b>15850 Dallas Parkway, Suite 140<br>Dallas, Texas 75248<br></b>(Address
      of Principal Executive Offices) (Zip Code)<br><br><br><b>(972) 587-4049</b><br>(Registrant&#8217;s
      telephone number, including area code)<br><br><br><b>Not Applicable</b><u><br></u>(Former
      Name or Former Address, if Changed Since Last Report)
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions </font>(<i>see </i>General Instruction A.2.
      below):<br>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 12%; text-align: left">
          <b>Item 1.01</b>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          <b>Entry into a Material Definitive Agreement.</b>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      On February 27, 2014, DGSE Companies, Inc., a Nevada corporation (the &#8220;<u>Company</u>&#8221;)
      entered into that certain Amendment to Loan Agreement and Revolving
      Credit Note, dated February 25, 2014, by and between the Company and NTR
      Metals, LLC, a Texas limited liability company and the Company&#8217;s
      controlling shareholder (&#8220;<u>NTR</u>&#8221;), in form attached hereto as <u>Exhibit&#160;10.1</u>
      (the &#8220;<u>Amendment</u>&#8221;), (i) extending the termination date of
      that certain Loan Agreement, dated July 19, 2012, by and between the
      Company and NTR, in form attached hereto as <u>Exhibit 10.2</u> (the &#8220;<u>Loan
      Agreement</u>&#8221;), from August 1, 2014 to August 1, 2015 and (ii)
      extending the maturity date of that certain Revolving Credit Note, dated
      July 19, 2012, by and between the Company and NTR, in form attached
      hereto as <u>Exhibit 10.3</u> (the &#8220;<u>Note</u>&#8221;), from August 1,
      2014 to August 1, 2015.&#160;&#160;Pursuant to the terms of the Amendment, the
      Company further agreed that all guaranties, security interests and liens
      granted by the Company in favor of NTR pursuant to the requirements of
      the Loan Agreement would remain in full force and effect commensurate
      with the extension of the termination date of the Loan Agreement and the
      maturity date of the Note.
    </p>
    <p style="text-align: justify">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 12%">
          <b>Item 8.01</b>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%">
          <b>Other Events</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
    <p style="text-align: justify">
      On March 5, 2014, the Company issued a press release announcing the
      Amendment.&#160;&#160;A copy of the Company&#8217;s press release, dated March 5, 2014,
      is attached hereto as <u>Exhibit 99.1</u>.
    </p>
    <p style="text-align: justify">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 12%; text-align: left">
          <b>Item 9.01</b>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          <b>Financial Statements and Exhibits.</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 6%">
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 6%; text-align: left">
          (a)
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          Not applicable<i>.</i>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 88%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 6%; text-align: left">
          (b)
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          Not applicable<i>.</i>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 88%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 6%; text-align: left">
          (c)
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          Not applicable<i>.</i>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 88%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 6%; text-align: left">
          (d)
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 88%; text-align: left">
          <b>Exhibits</b><i>.</i>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 60.0px">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 15%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 85%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            10.1
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 85%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Amendment to Loan Agreement and Revolving Credit Note, dated
            February 25, 2014, by and between the Company and NTR
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            10.2
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 85%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Loan Agreement, dated July 19, 2012 (previously filed as Exhibit
            10.1 to the Company&#8217;s Current Report on Form 8-K filed by the
            Company on July 20, 2012 and incorporated herein by reference)
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            10.3
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 85%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Revolving Credit Note, dated July 19, 2012 (previously filed as
            Exhibit 10.3 to the Company&#8217;s Current Report on Form 8-K filed by
            the Company on July 20, 2012 and incorporated herein by reference)
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            99.1
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 85%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release dated March 5, 2014
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBITS</b>
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="middle" style="padding-left: 0.0px; width: 15%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td valign="middle" style="padding-left: 0.0px; width: 85%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          10.1
        </td>
        <td valign="middle" style="padding-left: 0.0px; width: 85%; text-align: left">
          Amendment to Loan Agreement and Revolving Credit Note, dated
          February 25, 2014, by and between the Company and NTR
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          10.2
        </td>
        <td valign="middle" style="padding-left: 0.0px; width: 85%; text-align: left">
          Loan Agreement, dated July 19, 2012 (previously filed as Exhibit
          10.1 to the Company&#8217;s Current Report on Form 8-K filed by the
          Company on July 20, 2012 and incorporated herein by reference)
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          10.3
        </td>
        <td valign="middle" style="padding-left: 0.0px; width: 85%; text-align: left">
          Revolving Credit Note, dated July 19, 2012 (previously filed as
          Exhibit 10.3 to the Company&#8217;s Current Report on Form 8-K filed by
          the Company on July 20, 2012 and incorporated herein by reference)
        </td>
      </tr>
      <tr>
        <td valign="middle" style="padding-left: 0.0px; width: 15%; white-space: nowrap; padding-right: 0.0px; text-align: left">
          99.1
        </td>
        <td valign="middle" style="padding-left: 0.0px; width: 85%; text-align: left">
          Press Release dated March 5, 2014
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, as amended, the
      Registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 5%; text-align: left">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 16%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; width: 5%; text-align: left">
          Date:
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 45%; text-align: left">
          March 5, 2014
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 4%; text-align: left">
          By:
        </td>
        <td valign="top" style="padding-left: 0.0px; width: 30%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>/s/ James J. Vierling</u>
          </p>
        </td>
        <td style="width: 16%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 30%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            James J. Vierling
          </p>
        </td>
        <td style="width: 16%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 30%; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
        <td style="width: 16%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a50817216_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 10.1</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>AMENDMENT TO LOAN AGREEMENT </b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>AND REVOLVING CREDIT NOTE</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      February 25, 2014
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      This Amendment to Loan Agreement and Revolving Credit Note (this &#8220;<u>Agreement</u>&#8221;)
      is made and entered into as of the date set forth above, by and among
      NTR Metals, LLC (the &#8220;<u>Company</u>&#8221;) and DGSE Companies, Inc. (&#8220;<u>DGSE</u>&#8221;).&#160;&#160;Capitalized
      terms used but not defined herein have the meaning assigned to them in
      the Loan Agreement and/or Note (as defined below), as applicable.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: center">
      <b>RECITALS</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      <b>WHEREAS, </b>the undersigned entered into that certain Loan
      Agreement, dated as of July 19, 2012, by and between the Company and
      DGSE (the &#8220;<u>Loan Agreement</u>&#8221;), pursuant to which the Company
      agreed to extend credit to DGSE; and
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      <b>WHEREAS, </b>DGSE executed that certain Revolving Credit Note, dated
      as of July 19, 2012, by and between the Company and DGSE (the &#8220;<u>Note</u>&#8221;),
      pursuant to which DGSE promised to pay to the Company funds advanced by
      the Company, with interest thereon; and
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      <b>WHEREAS,</b> pursuant to this Agreement, DGSE and the Company are
      amending the terms of the Loan Agreement and Note.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      <b>NOW, THEREFORE,</b> in consideration of the foregoing and the mutual
      covenants and agreements herein contained, and intending to be legally
      bound hereby, the parties hereto agree as follows:
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: center">
      <b>AGREEMENT</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Extension
      of Loan Agreement</u>.&#160;&#160;Section 1.1 of the Loan Agreement is hereby
      amended so that the reference to &#8220;August 1, 2014&#8221; in the definition of
      &#8220;Termination Date&#8221; is changed to &#8220;August 1, 2015&#8221;.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Extension
      of Note</u>.&#160;&#160;Subparagraph (b) of the Note is hereby amended so that the
      reference to &#8220;August 1, 2014&#8221; in the definition of &#8220;Maturity Date&#8221; is
      changed to &#8220;August 1, 2015&#8221;.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Continuing
      Guaranties, Security Interests and Liens</u>.&#160;&#160;DGSE agrees that all of
      the guaranties, security interests and liens granted by DGSE in favor of
      the Company pursuant to the Loan Documents shall remain in full force
      and effect once this Agreement takes effect and extends the Loan
      Agreement and Note as herein stated.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Authority</u>.&#160;&#160;Each
      party hereto represents and warrants that it had and has all necessary
      authority and legal capacity to enter into the Loan Agreement, the Note
      and this Agreement.
    </p>
    <div style="margin-bottom: 10pt; width: 100%; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Choice of Law</u>.&#160;&#160;The
      Loan Agreement, the Note and this Agreement are to be construed
      according to the laws of the State of Texas and the applicable laws of
      the United States of America.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      &#160;6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Integration
      of Contract</u>.&#160;&#160;The Loan Agreement and Note, as amended by this
      Agreement, constitute the full understanding of the parties, and no
      terms, conditions, understandings or agreements purporting to modify or
      vary the terms of the Loan Agreement, the Note or this Agreement shall
      be binding unless hereafter made in writing and signed by the party to
      be bound.
    </p>
    <p style="text-align: justify; text-indent: 60.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      &#160;7.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Counterparts</u>.&#160;&#160;This
      Agreement may be executed in one or more counterparts, each of which
      will be deemed an original, but all of which together will constitute
      one and the same instrument.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">

    </p>
    <p style="text-align: justify; text-indent: 60.0px">
      <b>IN WITNESS HEREOF, </b>the undersigned have executed this Agreement
      on the date first appearing above.
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; width: 100%; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 50%">
          &#160;
        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>NTR METALS, LLC</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 3%; text-align: left">
          By
        </td>
        <td style="width: 47%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 47%; text-align: left">
          Name:
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 47%; text-align: left">
          Title:
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 47%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>DGSE COMPANIES, INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2" style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 3%; text-align: left">
          By
        </td>
        <td style="width: 47%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 47%; text-align: left">
          Name:
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="padding-left: 0.0px; width: 47%; text-align: left">
          Title:
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a50817216_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>DGSE
      Companies, Inc. Amends Credit Facility with NTR Metals, LLC</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-family: Times New Roman; font-size: 12pt"><b>Loan
      Agreement and Revolving Credit Note Extended One Year to August 1, 2015</b></font></i>
    </p>
    <p>
      DALLAS--(BUSINESS WIRE)--March 5, 2014--DGSE Companies, Inc. (NYSE MKT:
      DGSE), a leading wholesaler and retailer of jewelry, diamonds, fine
      watches, and precious metal bullion and rare coin products, today
      announced that a Loan Agreement and Revolving Credit Note with NTR
      Metals, LLC (&#8220;NTR&#8221;) has been extended by one year, from August 1, 2014
      until August 1, 2015. NTR is an affiliate of Elemetal LLC (&#8220;Elemetal&#8221;),
      which is DGSE&#8217;s largest shareholder.
    </p>
    <p>
      James Vierling, Chief Executive Officer and Chairman of the Board,
      stated, &#8220;This extension demonstrates the confidence that NTR and the
      entire Elemetal family of companies has in the future prospects of DGSE.
      It also ensures that the Company will have access to capital for future
      growth opportunities and strengthens our balance sheet. Our relationship
      with Elemetal continues to provide mutual benefits to each party.&#8221;
    </p>
    <p>
      Elemetal offers a full range of refining, recycling, minting and trading
      services. Through a series of transactions beginning in 2010, Elemetal
      has become the largest shareholder of DGSE&#8217;s common stock. In addition,
      Elemetal is DGSE&#8217;s primary dealer for bullion purchases and is the
      primary refiner of recyclable precious metal. Both credit facilities
      will be secured by the Company&#8217;s tangible and intangible assets. This
      financing transaction is subject to certain financial covenants. For
      additional details, please access DGSE Companies&#8217; Form 8-K filed with
      the Securities and Exchange Commission today.
    </p>
    <p>
      <u><b>About DGSE Companies</b></u>
    </p>
    <p>
      DGSE Companies, Inc. wholesales and retails jewelry, diamonds, fine
      watches, and precious metal bullion and rare coin products through its
      Bullion Express, Charleston Gold &amp; Diamond Exchange, Dallas Gold &amp;
      Silver Exchange, and Southern Bullion Coin &amp; Jewelry operations. DGSE
      also owns Fairchild International, Inc., one of the largest vintage
      watch wholesalers in the country. In addition to its retail facilities
      in Alabama, Florida, Georgia, Illinois, North Carolina, South Carolina,
      Tennessee and Texas, the Company operates internet websites which can be
      accessed at <u>www.bullionexpress.com</u>, <u>www.dgse.com</u>, <u>www.cgdeinc.com</u>,
      and <u>www.sbcoin.com</u>. Real-time price quotations and real-time
      order execution in precious metals are provided on another DGSE website
      at <u>www.USBullionExchange.com</u>. Wholesale customers can access the
      full vintage watch inventory through the restricted site at <u>www.FairchildWatches.com</u>.
      The Company is headquartered in Dallas, Texas and its common stock
      trades on the NYSE MKT exchange under the symbol &quot;DGSE.&quot;
    </p>
    <p>
      This press release includes statements which may constitute
      &quot;forward-looking&quot; statements, usually containing the words &quot;believe,&quot;
      &quot;estimate,&quot; &quot;project,&quot; &quot;expect&quot; or similar expressions. These statements
      are made pursuant to the safe harbor provisions of the Private
      Securities Litigation Reform Act of 1995. Forward-looking statements
      inherently involve risks and uncertainties that could cause actual
      results to differ materially from the forward-looking statements.
      Factors that would cause or contribute to such differences include, but
      are not limited to, continued acceptance of the Company's products and
      services in the marketplace, competitive factors, dependence upon
      third-party vendors, and other risks detailed in the Company's periodic
      report filings with the Securities and Exchange Commission. By making
      these forward-looking statements, the Company undertakes no obligation
      to update these statements for revisions or changes after the date of
      this release.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>DGSE Companies, Inc.<br>Jim Vierling, CEO, 972-587-4021<br><u>investorrelations@dgse.com</u><br>or<br>Hayden
      IR<br>Brett Maas, 646-536-7331<br>Managing Partner<br><u>brett@haydenir.com</u>
    </p>
    <p>

    </p>
  </body>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
