<SEC-DOCUMENT>0001157523-15-000441.txt : 20150206
<SEC-HEADER>0001157523-15-000441.hdr.sgml : 20150206
<ACCEPTANCE-DATETIME>20150206090016
ACCESSION NUMBER:		0001157523-15-000441
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20150204
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150206
DATE AS OF CHANGE:		20150206

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:		15582179

	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>a51034740.htm
<DESCRIPTION>DGSE COMPANIES, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font><br>
    </p>
    <hr style="color: #000000; width: 20%; text-align: center; height: 1.0 pt">


    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF THE</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br><br><font style="font-size: 10pt; font-family: Times New Roman"><b>Date
      of Report </b></font><font style="font-size: 10pt; font-family: Times New Roman">(Date
      of earliest event reported):</font><br><font style="font-size: 10pt; font-family: Times New Roman"><b>
      February 6, 2015 </b></font><font style="font-size: 10pt; font-family: Times New Roman">(February
      4, 2015)</font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font><br><br><font style="font-size: 14pt"><b>DGSE
      COMPANIES, INC.</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 34%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Nevada</b>
          </p>
        </td>
        <td style="text-align: center; white-space: nowrap; padding-left: 0.0px; width: 33%; padding-right: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-11048</b>
          </p>
        </td>
        <td style="text-align: center; white-space: nowrap; padding-left: 0.0px; width: 33%; padding-right: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>88-0097334</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 34%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Incorporation)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>
      <b>15850 Dallas Parkway, Suite 140</b><br><b>Dallas, Texas 75248</b><br>(Address
      of principal executive offices) (Zip Code)<br><br><b>(972) 587-4049</b><br>(Registrant&#8217;s
      telephone number, including area code)<br><br><b>Not Applicable</b><br>(Former
      Name or Former Address, if Changed Since Last Report)
    </p>
    <p>
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman">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-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">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-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt">
      <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="height: 1.5pt; color: black">

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

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

    </p>
    <p>
      <b>Item 1.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Entry into a Material Definitive Agreement.</b>
    </p>
    <p>
      On February 4, 2015, DGSE Companies, Inc., a Nevada corporation (the &#8220;<u>Company</u>&#8221;)
      entered into that certain Second Amendment to Loan Agreement and
      Revolving Credit Note, dated January 26, 2015, by and between the
      Company and NTR Metals, LLC (&#8220;<u>NTR</u>&#8221;), a Texas limited
      liability company and an affiliate of&#160;&#160;the Company&#8217;s largest
      shareholder, Elemetal, LLC, in form attached hereto as <u>Exhibit&#160;10.1</u>
      (the &#8220;<u>Second 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, 2015 to August 1, 2017
      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, 2015 to August 1, 2017.&#160;&#160;Pursuant to the terms of the Second
      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">
      <b>Item 8.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Other Events.</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On February 6, 2015, the Company issued a press release announcing the
      Amendment.&#160;&#160;A copy of the Company&#8217;s press release, dated February 6,
      2015, is attached hereto as <u>Exhibit 99.1</u>.
    </p>
    <p>
      <b>Item 9.01 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      (a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Not applicable<i>.</i>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      (b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Not applicable<i>.</i>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      (c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Not applicable<i>.
      </i>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<b>Exhibits</b><i>.</i>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 15%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.1
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Second Amendment to Loan Agreement and Revolving Credit Note,
            dated January 26, 2015, by and between the Company and NTR
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.2
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 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 style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.3
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 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 style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated February 6, 2015
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt">
      <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="height: 1.5pt; color: black">

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

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

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">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="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">

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

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            DGSE COMPANIES, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 44%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 44%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 5%" valign="top">
          Date:
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 45%" valign="top">
          February 6, 2015
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px; width: 6%" valign="top">
          By:
        </td>
        <td style="border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px; width: 44%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ JAMES D. CLEM
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 44%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            James D. Clem
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

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

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

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 44%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Executive Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt">
      <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="height: 1.5pt; color: black">

        </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="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 15%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.1
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Second Amendment to Loan Agreement and Revolving Credit Note,
            dated January 26, 2015, by and between the Company and NTR
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.2
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 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>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            10.3
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 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>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; padding-left: 0.0px; width: 15%; padding-right: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 85%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated February 6, 2015
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

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

    </p>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a51034740ex10_1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2015 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
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    <p style="text-align: right">
      <b>Exhibit 10.1</b>
    </p>
    <p style="text-align: center">
      <b>SECOND AMENDMENT TO LOAN AGREEMENT</b>
    </p>
    <p style="text-align: center">
      <b>AND REVOLVING CREDIT NOTE</b>
    </p>
    <p style="text-align: center">
      January 26, 2015
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-indent: 30.0px; text-align: left">
      This Second 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: center">
      <b>RECITALS</b>
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    <p style="text-indent: 30.0px; text-align: left">
      <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>
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      <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-indent: 30.0px; text-align: left">
      <b>WHEREAS, </b>DGSE executed that certain Amendment to Loan Agreement
      and Revolving Credit Note, dated as of February 25, 2014, by and between
      the Company and DGSE (the &#8220;<u>First Amendment</u>&#8221;), pursuant to
      which the Company extended the Loan Agreement and Note by one year; and
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      <b>WHEREAS,</b> pursuant to this Agreement, DGSE and the Company are
      further amending the terms of the Loan Agreement and Note.
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      <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: center">
      <b>AGREEMENT</b>
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      1.&#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, 2015&#8221; in the definition of &#8220;Termination Date&#8221; is changed to
      &#8220;August 1, 2017&#8221;.
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      2.&#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,
      2015&#8221; in the definition of &#8220;Maturity Date&#8221; is changed to &#8220;August 1,
      2017&#8221;.
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      3.&#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-indent: 30.0px; text-align: left">

    </p>
    <p style="text-align: left">
      SECOND&#160;AMENDMENT&#160;TO&#160;LOAN&#160;AGREEMENT&#160;AND&#160;REVOLVING&#160;CREDIT&#160;NOTE
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%; margin-bottom: 10pt">
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        <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="height: 1.5pt; color: black">

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

        </div>
      </div>
    </div>
    <p style="text-align: left; text-indent: 30.0px">
      4.&#160;&#160;&#160;&#160;&#160;<u>Authority</u>. 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>
    <p style="text-align: left; text-indent: 30.0px">
      5.&#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: left; text-indent: 30.0px">
      6.&#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: left; text-indent: 30.0px">
      7.&#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: left; text-indent: 30.0px">

    </p>
    <p style="text-align: left; text-indent: 30.0px">
      <b>IN WITNESS HEREOF, </b>the undersigned have executed this Agreement
      on the date first appearing above.
    </p>
    <p style="text-align: left; text-indent: 30.0px">

    </p>
<div style="text-align:left">
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            <b>NTR METALS, LLC</b>
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        <td style="width: 3%">

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            By
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            /s/ JOHN LOFTUS
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            &#160;
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            2/4/15
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        </td>
        <td style="width: 3%">

        </td>
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          &#160;
        </td>
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        </td>
        <td style="width: 3%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 47%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name: John Loftus
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

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

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 47%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title: President
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        </td>
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        <td style="width: 50%">

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

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

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

        </td>
        <td style="width: 47%">
          &#160;
        </td>
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      <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 style="width: 3%">

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

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

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

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

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

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

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            By
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            /s/ DUSTY CLEM
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        </td>
      </tr>
      <tr>
        <td style="width: 50%">

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

        </td>
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            2/4/15
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        </td>
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      <tr>
        <td style="width: 50%">

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

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

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

        </td>
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            Name: Dusty Clem
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        <td style="width: 50%">

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

        </td>
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            Title: CEO
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    <p style="text-align: left">

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          SECOND AMENDMENT TO LOAN AGREEMENT AND REVOLVING CREDIT NOTE
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          2
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    <p style="text-align: left">

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    <p style="text-align: right">

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a51034740ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2015 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>DGSE
      Companies, Inc. Extends Credit Facility with NTR Metals, LLC</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Loan
      Agreement and Revolving Credit Note Extended Two Years to August 1, 2017</b></font></i>
    </p>
    <p>
      DALLAS--(BUSINESS WIRE)--February 6, 2015--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 the term of its Loan Agreement and Revolving Credit Note
      (the &#8220;Agreement&#8221;) with NTR Metals, LLC (&#8220;NTR&#8221;) has been extended by two
      years, from August 1, 2015 until August 1, 2017. The Agreement was
      previous extended on February 27, 2014 by one year, from August 1, 2014
      to August 1, 2015. NTR is an affiliate of Elemetal, LLC (&#8220;Elemetal&#8221;),
      which is DGSE&#8217;s largest shareholder.
    </p>
    <p>
      Dusty Clem, Chief Executive Officer and Chairman of the Board, stated,
      &#8220;We appreciate the continued support of Elemetal and their affiliate
      NTR. This extension illustrates one of the many ways that NTR and the
      entire Elemetal family of companies continue to collaborate with DGSE.
      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. The credit facilities are
      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
      Charleston Gold &amp; Diamond Exchange, Chicago Gold &amp; Diamond Exchange, and
      Dallas Gold &amp; Silver Exchange operations. DGSE also owns Fairchild
      International, Inc., one of the largest vintage watch wholesalers in the
      country. In addition to its retail facilities in Illinois, South
      Carolina, and Texas, the Company operates websites which can be accessed
      at <u>www.dgse.com</u>, and <u>www.cgdeinc.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>Dusty Clem, CEO, 972-587-4021<br><u>investorrelations@dgse.com</u>
    </p>
    <p>

    </p>
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