DGSE Announces Texas Capital Bank Has Agreed to Renew and Increase Its Current Credit Facility

DGSE Companies, Inc. (NYSE Amex: DGSE), announced today that Texas Capital Bank has agreed to renew and increase the size of its current credit facility. The new facility is composed of a $3.5 million revolving note and a $1.0 million term loan and will provide immediate availability to finance current operations.

William Oyster, President of DGSE, said, “We have had a long and productive relationship with Texas Capital Bank and this new credit facility will provide DGSE with additional tools as we focus on renewed growth and earnings.

This press release includes statements which may constitute 'forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" 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.

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