LAS VEGAS--(BUSINESS WIRE)--The Graystone Company (OTC Bulletin Board:??GYST) announced today that its retail division Graystone Gold has sold out of its initial allotment of gold and silver bars. Graystone Gold was launched in January 2012.

Graystone Gold was launched to vertically integrate the Company's business from producing gold and precious metals from its own mines to being able to sell directly to consumers and jewelers. Selling gold and silver through its retail division allows the company to increase its margins by 15-20%. Junior mining companies typically sell ore to refineries for 5-7% below spot price. However, by selling it retail the Company can sell the gold and other precious metals for 10-15% over spot. The Company expects to grow the retail business over the next 8-12 months while operations on our mining properties are being built.

About The Graystone Company. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.

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