FOR SELLERS:

WE NEED SERIOUS SELLERS. IF YOU ARE NOT REAL PLEASE DO NOT WASTE TIME HERE. NO UPFRONT! NO ADVANCED MONEY! NO UPFRONT FEES! PLEASE CONTACT IF YOU ACCEPTS THIS CONTRACT AND PROCEDURES BELOW ONLY.

CONTACT: VGDTRADING @ GMAIL.COM

Off-Market Private Sale & Purchase Contract of

Alluvial Gold Dust / Gold Dore Bars

On PMMC Refinery, Accra, Ghana

This Private Sale and Purchase Contract of Alluvial Gold Dust/ Gold Dore Bars (Gold) hereby referred to as (Agreement) is entered into, signed and executed on this ___^th. Day of the Month of January 2011 by and between the following parties:

Company’s Name: _____________________________________________

Physical Address: _____________________________________________________

Represented by: ________________________________________

Passport №: _______________________ (Nationality)

Title: ___________________________

Tel. №: ______________________________

Email: ______________________________

[Hereinafter referred to as the “SELLER/SIGNATORY”]

And

Company’s Name:

[Hereinafter referred to as the “BUYER/SIGNATORY”]

Via: ______________ (Representative)

SELLER and BUYER hereinafter collectively referred to as the “PARTIES”

WHEREAS, The Seller with full corporate authority and responsibility certifies, represents, warrants and make an irrevocable firm commitment that he can fulfill the requirements of this agreement to sell and provide the commodity herein mentioned in a timely manner, under the terms specified and agreed upon by the signatures hereafter,

Whereas, the Seller warrants with full responsibility, under penalty of perjury or fraud, that he is legally has in his own possession or has the authority to sell and deliver the commodity specified hereinafter, free from any liens or encumbrances having no criminal or illegal origin.

WHEREAS, The Buyer with full corporate authority and responsibility certifies, represents warrants and make an irrevocable firm commitment that they can purchase the commodity herein mentioned in a timely manner, under the terms specified and agreed upon by the signatures hereafter,

Whereas, the buyer confirms with full responsibility, under penalty of perjury or fraud, that he is ready, willing and able to purchase the said commodity.

WHEREAS, The Seller and Buyer, each with full corporate authority, certify, represent and warrant that each can fulfill the requirements of this agreement and respectively provide the products and the funds referred to herein, in time and under the terms agreed to hereafter; and

WHEREAS, The Seller and the Buyer both agree to finalize and execute this contract under the terms and conditions hereinafter set forth

NOW THEREFORE;

In consideration of the mutual promises, agreements, terms & conditions of this agreement, assertions and covenants herein and other good and valuable considerations, the receipt of which is acknowledged hereby, the parties hereto mutually and voluntarily agree as follows:

1.            SCOPE OF THE AGREEMENT:

1.1 The Seller, under full legal authority and responsibility, represents that he has the clear and qualified right to sell raw Gold, delivered at a minimum purity of +92%, or 22+ Carats.

1.2 The Buyer, under full corporate authority and responsibility, represents that he has the full financial capability to purchase the Gold and pay for it once it is delivered, then assayed at 99.95% purity.

1.3 This Agreement is Non-Transferable, Non-Assignable by both/any of the parties unless agreed in writing.

1.4 The Seller does NOT need to present any paperwork to PMMC, as the Buyer’s License covers Buying, Selling, Import, Export, Mining, etc. The Seller delivers to the Buyer, through the Buyer’s Purchasing License, and the Buyer will refine the gold.  The gold remains under the ownership of the Seller until after Payment, at which time the title is transferred.

2.            COMMODITY SPECIFICATIONS:

COMMODITY:                         Aurum Utalium (AU)

FORM:                                          Alluvial Gold Dust / Gold Dore Bars.

PURITY:                                      Delivered at 22+ Carats

Fineness:                                 Delivered at 92.0 % parts per thousand of the fine gold or better.

ORIGIN:                                       Ghana – West Africa.

QUANTITY:                               ___ kgs as initial delivery, with ____kg to follow upon the successful initial transaction.  On-going delivery of ___kgs per week/month, with Rolls and Extensions, with the same terms of this Agreement.

NET PRICE TO SELLER:     US$(                  ) the agreed upon price based upon the recoverable gold at 99.95%, 24+ Carats.

PAYMENT:                                Payment will be by SWIFT, or Certified Bank Check based upon the final assay report.

COMMISSIONS:                      To be paid by Buyer, and Contracted Separately with IMFPA.

CALCULATION:                      Payment equals (Assay Weight at ________% PURITY) x US$ $_________ per each kg, converted at ruling exchange rate into CEDIS or US$.

3.            DELIVERY TERMS:

3.1 Dust deliveries will need to be delivered as early as possible in the morning, preferably 9 am. Dory bars may be delivered up to 1pm for quantities up to 50kg, otherwise by 9am. Note PMMC  and ICB Bank close early on Fridays. For batches larger than 5kg, an initial ASSAY shall first be done on 5kg, then the balance provided gold is of a minimal accepted purity. Unless special arrangements are made, the maximum daily limit for dust is 50kg received before 9am, and 125kg dory.

3.2 The delivery terms shall be on ‘Delivery Basis’ to the Buyers Account at PMMC, ACCRA, GHANA. Buyer is solely responsible for all taxes and export costs to legally export the gold.  Seller responsible for all costs to deliver Gold to Buyers account.

3.3 Approximately _____ kg (_______KILOGRAMS) of Gold Dust shall be delivered to the refinery (Buyer uses PMMC in Accra) to account

3.4 The Buyer’s Name and Address should be stated on the Commercial Invoice as indicated hereinafter:

For account of:

3.5 Further deliveries and frequencies to be agreed upon with the same terms and conditions.

3.6 All Refinery costs are paid by the Buyer for gold purchased.

3.7 In the event of fake gold being delivered, Seller shall be responsible for all costs and consequences.

4.            PAYMENT TERMS:

4.1 Payment with value date within the same day of issuance of the final Assay report (at PMMC), if the Assay report is issued in the day where there is still substantial banking hours remaining for the buyer to release payment, OR, by midday of the following day of Assay at PMMC, in case the Assay report was issued by the end of banking hours of that day or in such a time when buyer has no time to release payment on the same day.

4.2 Payments can be made in USD or CEDIS, as per contract.  Same day Wire Transfer or Certified Bank Check, whichever is the Seller’s preference. For local CEDIS, Rate of exchange based on rate as advised by International Commercial Bank on day of payment.  To be paid in USD, Seller must have a USD account, locally or internationally.  International wire transfers are an option.

4.3 The BUYER shall be responsible for all charges payable to the refinery, except as per 3.7 above (Buyer uses PMMC).

4.4 The Parties shall agree to accept the result of each Final Assay Test as confirmed by PMMC issued Assay Test Report Certificates.

4.5 The agreed purchase price shall be paid in full based on Final Weight Assay Report at 99.95% purity.

4.6 All TT/Wire transfers (for domestic and international payments) bank fees shall be charged to the beneficiary accounts at cost.

5.         DOCUMENTS:

Each delivery shall be identified with the Transaction Code, Seller’s Code and Buyer’s Code stipulated herein and shall be accompanied by the following documents listed hereinafter for submission to the BUYER only.

5.1 Two (2) Copies of commercial Invoices in favor of Buyer.

5.2 Certificate of Origin.

5.3 Certificate of Ownership (1 Original).

5.4 Certificate of Movement Certificate of Movement, declaring that the Gold is free and clear and of non-criminal origin, unencumbered and free of any liens, and is transferable and exportable (1 Original).

5.5 Assay report, if one is available.

6.            IMPLEMENTING PROCEDURES:

6.1 Buyer and Seller sign the Sales and Purchase Agreement, where delivery protocol is lined out.  Each page initialed.

6.2 Seller will meet the local facilitator, either on the morning of delivery or before.  The local facilitator will also meet the Seller at PMMC on the morning of the delivery, and will introduce the Seller to the Bank Officer at ICB Bank for Proof of Funds-this to take place first thing on delivery day.

6.2.1 At ICB bank, Seller will show the product, and receive full proof of funds.  The process from there is handled by a facilitator for the Private Buyer. The gold will be securely handled through the Buyer’s Account.

6.2.2 Gold is handed in and weighed. Voucher completed stating weight. (The gold is owned by the Seller until Payment and Ownership Transfer).

6.2.3 Seller and Buyer’s Facilitator go to the smelting office downstairs in same building, for assay, or smelting.

6.2.4 Seller and Buyer’s Facilitator receive assay report completed, showing start weight, end weight, carat/purity.

6.2.5 Gold is deposited to buyer’s account while Payment is made (ownership remains solely with the Seller until Payment and transfer is made).

6.2.6 Seller and Buyer’s Facilitator proceed to ICB Bank on same PMMC premises where the Bank Officer pays Seller the contracted price per recoverable kilogram (as per this contract).

6.3.7 Upon receipt of payment ownership of the gold will be transferred to the Buyer.

7. NOTICES:

Any and all notices required to be given by one party to the other party to this Agreement shall be in writing and by posting the same by certified/recorded post at the address or addresses as stated on the front cover herein and copied by facsimile or email, directly to the parties referenced herein.

8.         BANK COORDINATES:

The payment will be made in the form of a SWIFT Transfer or Certified Bank Check.  Please specify preference.  Payment via SWIFT from Buyer’s Bank shall be sent to the Seller’s Bank as stated below:

Seller’s Banking Coordinates for receiving a Wire Transfer:

Bank Name:                         _______________________________________________

Bank Address:                    _______________________________________________

Account Name:                  _______________________________________________

Account Number:                             _______________________________________________

SWIFT Code:                       _______________________________________________

Bank Officer’s Name:      _______________________________________________

Telephone №:                    _______________________________________________

Fax №:                                   _______________________________________________

E-mail                                 ______________________________________________

9. APPLICABLE LAW AND JURISDICTION:

Any action or legal proceeding related to this Agreement shall be adjudicated under the laws and venue of the ICC. Should either party not perform exactly within the Terms and Conditions of this Agreement, the other party shall give notice regarding the non-performance, whereupon the non-performing party must comply with their obligations within seven (7) Days or this Agreement shall be cancelled without further notice. This Agreement shall be governed under the interpretation of the INTERNATIONAL CHAMBER OF COMMERCE (ICC).

Any disputes arising out of, or in context with this Agreement or related to any agreement concluded as a result of this Agreement shall be settled by Arbitration. The seat of the Arbitration Tribunal shall be under the Rule of Conciliation and Arbitration of the International Chamber of Commerce Court of Arbitration, and the English language shall be the language of the Contract and Proceedings. Jurisdiction and venue of arbitration shall be in England under the Laws of the Government of England.

10. JOINT DECLARATION:

The SELLER and BUYER each declare unto one another that the AU Commodity offered herein for sale, and the origin of the funds used for purchasing the AU Commodity, do NOT contravene: The Drug Trafficking Offenses Act 1986, The Criminal Act 1988, the Prevention of Terrorism (Temporary Provisions) Act 1989, The Criminal Justice (International Co-operation) Act 1990, The Criminal Justice Act 1993, and the Money Laundering Regulations 1993, or any other illegal or criminal activity. And accordingly each party to this agreement indemnifies each other against any such allegations which or may not be made in the future.

11.      FACSIMILE COPIES AND COMMUNICATIONS:

This Agreement shall be accepted to be legal and binding by both parties if executed and sent by fax and/or email direct to the parties concerned at the numbers contained within this Agreement.

A properly executed facsimile and/or electronic communication of this Document shall be the equivalent of an original signed Document, and shall be legally binding and enforceable under International Law.

12. FORCE MAJEURE:

The parties hereto shall not be held liable for any failure to perform under the “Force Majeure” Clause as regulated by the International Chamber of Commerce, Paris – France, which Clauses are deemed to be incorporated herein.

13.      SEVERABILITY CLAUSE:

If any Provision or Provisions of this Agreement shall be held to be invalid, illegal, unenforceable or in conflict with the law of any jurisdiction, the validity, legality and enforceability of the remaining Provisions shall not in any way be affected or impaired thereby.

14.      ETHICS: (NON-CIRCUMVENTION and NON-DISCLOSURE):

Both Buyer and Seller acknowledge that the harm to the other party would be substantial and therefore the Seller and Buyer agree to abide by the Customary International Rules of Non-Circumvention and Non-Disclosure as established by the International Chamber of Commerce in Paris, France for a period of five (05) years from the date hereof. Said Non-Circumvention and Non-Disclosure shall include, but not be limited to communicating with each other’s Banks, Refiners, and Representatives of Buyer dealing with Customs, Brokers or Seller’s Mandate. The understanding and accord of this subparagraph shall survive the termination of this Agreement.

15.      TOTAL AGREEMENT:

This Agreement supersedes any and all prior agreements and represents the entire Agreement between the parties. No changes, alterations or substitutions shall be permitted unless the same shall be notified in writing and signed by both parties.

16.      SIGNATORIES:

Each of the parties hereto confirms, with full legal responsibility, that each has full legal and lawful authority to execute this Contract and therefore all terms and conditions shall be fully binding. The parties have entered into this Contract in good faith and each shall use its best efforts in the full spirit of co-operation to promptly achieve the purpose set forth herein. A facsimile copy of this Agreement shall be deemed legally binding as being fully executed in accordance to the parties herein and to include their heirs, executives, administrators and assignees.

17.      TERM OF AGREEMENT:

This Agreement shall terminate either at the option of the buyer by notice to the seller or automatically in the event of non-delivery to PMMC on delivery date agreed upon between the parties. The Parties may agree to extend this agreement in writing by attaching a separate addendum.

18.      EXECUTION OF THIS AGREEMENT:

The Terms of this Agreement shall be confirmed and signed by the Buyer and the Seller via facsimile or e-mail. Said executed facsimile or e-mail shall be binding and initiates and concludes the legal liabilities between Buyer and Seller of this Contract.

Both parties, Buyer and Seller have read and approved all terms of this Contract.

BY SIGNING BELOW, with full understanding of the act of fraud, both parties abide by their corporate and legal responsibilities to this Agreement.

FOR SELLERS:

WE NEED SERIOUS SELLERS. IF YOU ARE NOT REAL PLEASE DO NOT WASTE TIME HERE. NO UPFRONT! NO ADVANCED MONEY! NO UPFRONT FEES! PLEASE CONTACT IF YOU ACCEPTS THIS CONTRACT AND PROCEDURES ABOVE ONLY.

CONTACT: VGDTRADING @ GMAIL.COM

Please read contract from the buyer#2 below:

CONTRACT FOR THE SALE AND PURCHASE

OF AURUM UTALLUM (AU)

ENTERED INTO BY AND BETWEEN

THE SELLER

Company:

Registration Domicile:

Address:

Represented By:

Title:

Phone:

Fax:

Email:

(hereinafter referred to as “The Seller”)

and

THE Buyer

Company:

Registration Domicile:

Address:

Represented By:

Title:

Phone:

Fax:

Email:

(hereinafter referred to as “The Buyer”)

DATED: 17 November 2010

Sellers’s Code:

Buyer’s Code:

WHEREAS, The Seller with full corporate authority and responsibility certifies, represents, warrants and make an irrevocable firm commitment that he can fulfill the requirements of this agreement to sell and provide the commodity herein mentioned in a timely manner, under the terms specified and agreed upon by the signatures hereafter,

Whereas, the Seller warrants with full responsibility, under penalty of perjury or fraud, that he is legally has in his own possession or has the authority to sell and deliver the commodity specified hereinafter, free from any liens or encumbrances having no criminal or illegal origin.

WHEREAS, The Buyer with full corporate authority and responsibility certifies, represents warrants and make an irrevocable firm commitment that they can purchase the commodity herein mentioned in a timely manner, under the terms specified and agreed upon by the signatures hereafter,

Whereas, the Buyer confirms with full responsibility, under penalty of perjury or fraud, that he is ready, willing and able to purchase the said commodity.

WHEREAS The Seller and Buyer, each with full corporate authority, certify, represent and warrant that each can fulfill the requirements of this agreement and respectively provide the products and the funds referred to herein, in time and under the terms agreed to hereafter; and

WHEREAS: The Seller and the Buyer both agree to finalize and execute this contract under the terms and conditions hereinafter set forth

NOW THEREFORE; In consideration of the mutual promises, agreements, terms & conditions of this agreement, assertions and covenants herein and other good and valuable considerations, the receipt of which is acknowledged hereby, the parties hereto mutually and voluntarily agree as follows:

1. 1. SCOPE OF THE AGREEMENT:

1.1  The Seller, under full authority and responsibility, declares that he has the clear and qualified right to sell the Gold and he guarantees that he has the means to sell legally the Gold.

1.2  The Buyer, under full corporate authority and responsibility declares that he and his associates have the full capability to purchase the Gold offered for sale and such purchase will be made with options for rolls over and extensions.

1.3  Both Parties understand and agree that the Buyer’s Refinery will be used to assay the gold and provide the Assaying Report to both Seller and Buyer. Both Buyer and Seller agree to be bound by the Refinery’s Final Assay.

1. 2. COMMODITY SPECIFICATIONS:

2.1  COMMODITY:                                Aurum Utalium (AU)/Material

2.2  FORM:                                Alluvial Gold Dust

2.3  PURITY:                            Refined up to 22 Carats plus or 92% Purity

2.4  ORIGIN:                             Republic of Ghana

2.5  PACKING:                         Export worthy packing standard for industry

2.6  Net Selling Price: ____% of 2^nd LBME SPOT based on recovered 99.995% pure refined gold.

1. 3. QUALITY:

All references to kilograms in this Agreement refer to a kilogram of fine gold.  The Parties agree that the delivered weight per kilogram shall be of sufficient quantity as needed in order to produce a kilogram of fine gold upon refining.  If there is any mercury content in the Material, this contract shall be terminable immediately by Buyer.

1. 4. QUANTITY:

The agreed upon quantity for sale to the Buyer under the terms of this Agreement shall be an initial quantity of ____ kilograms, then as a frequency of ______ kilograms per week for the next _____ weeks with an option to renew contract as per agreement.

1. 5. PRICE:

5.1  The price for each delivery shall be calculated according to the second fixing of the London Bullion Market Association on the day of the Buyer’s Final Refinery Assay. In the event the London Bullion Market Association is not operating on the day of the Buyer’s Final Refinery Assay, or only nominal quotations are being placed through the market, the determination of the price and payment may be suspended until the London Bullion Market Association resumes full and normal activity.

5.2  Buyer agrees to pay Seller an agreed upon price of ______ Percent (___%) less than the LBME Price as calculated under the parameters set forth in Section 5.1 per kilogram upon delivery of the Buyer’s Refinery’s Final Assay. Should this Report state less than 22 carats, the price shall then be decreased by USD $1,000 per kilogram for each carat below 22 carats (or its equivalent in percentage discount based on a mathematical formula).

5.3  It is agreed between the parties that the price is calculated in U.S. Dollars based on 32.1507 Troy Ounces per 1 Kilogram.

1. 6. DELIVERY TERMS:

6.1  Each and every delivery shall be pre-advised by the Sellers to the Buyer two banking days in advance.

6.2  The Sellers undertakes to deliver the product to the Buyer’s designated Refinery (Exhibit “A”).

6.3  The Sellers shall be responsible for all costs related to the safe delivery of the product to the Buyer’s Refinery.

6.4  Each and every delivery shall be accompanied by the following documents prior to arrival to ensure that the gold is properly identified once it arrives at the Buyer’s Refinery:

6.4.1        Full Corporate Offer.

6.4.2        Business Registration.

6.4.3        Sellers’s passport copy and CIS.

6.4.4        P.M.M.C. Assay Report.

6.4.5        Certificate of Origin (Notarized).

6.4.6        Certificate of Ownership (Notarized).

6.4.7        Export License.

6.4.8        Four copies of commercial invoice to the Buyer.

6.4.9        Certificate of Insurance.

6.4.10    Export declaration.

6.4.11    Export intention.

6.4.12    Packing list with box numbers, fineness, and weights.

6.4.13    Full Airway Bill (AWB).

6.4.13.1 Sellers intake submission package including:

6.4.13.1.1                   Free of Criminal Origin Disclosure.

6.4.13.1.2                   Free of Terrorist Act Disclosure.

6.4.13.1.3                   Free of Encumbrance Disclosure.

6.4.14    Copy of tax document from country of origin, Form A2.

6.4.15    Safe handling certification that the Materials were in control of Sellers or Sellers’s designated Representative at all times after procurement;

6.4.16    Any and other document(s) as required and normal to this trade.

1. 7. INSURANCE AND EXPENSES:

7.1  Terms: The delivery terms for this Agreement shall be CIF to Buyer’s Refinery Premises, Atlanta, Georgia, U.S.A. attached as Exhibit “A.”

7.2  Insurance: The Seller, at his own expense and discretion, will provide insurance coverage for each gold shipment from origin through to the Refinery and through the refining process. Policy shall cover estimated invoice value and cover all phases of handling, ground and air transport, storage, theft, fire, destruction, affects of war, etc.

7.3  Expenses: The Seller shall be responsible and arrange for all logistics, applicable costs and charges for the delivery of the gold to the Buyer’s Refinery, supervised by both the Buyer & Seller and their representatives including Buyer’s Customs Broker.

1. 8. Right to refuse shipment:

8.1  The Seller hereby certifies that all material sent to the Buyers Refinery shall be free of hazardous substances including but not limited to beryllium, cadmium, mercury, polychlorinated biphenyl and radioactive material.

8.2  Should the Seller know or suspect that the material may contain a hazardous substance; the Seller undertakes to notify the Refinery/Buyer in advance of the shipment.

8.3  It is understood that the Refinery may sample and test the material for the presence of hazardous substances prior to processing.

8.4  It is understood that the Refinery shall have the right to reject material which, in the Refinery’s opinion does not confirm to the description specified under Section 2.3 or is, or becomes, unsuitable or undesirable for handling, sampling and smelting whether for Metallurgical, environmental or other reasons.

8.5  Material, which does not confirm to the requirements specified under Section 2.3 or is rejected by the Refinery pursuant to Section 8, shall be returned to the Seller at its cost. The Seller shall provide the Buyer with written instructions detailing the Seller’s arrangements for return of the material. Pending receipt of such instructions, it is understood that the Refinery may take action, as it considers appropriate for handling the material. Any damages suffered by the Buyer as a result thereof shall be for the Seller’s account.

8.6  Any and all damages suffered by the Refinery as a result of the processing of Material containing hazardous substances shall be to the account of the Seller.

1. 9. PAYMENT TERMS:

9.1  The full payment shall be made to Seller’s Designated Bank Account in Exhibit “C” within a maximum of 72 banking hours after the Final Assay Report is issued by the Buyer’s Refinery and confirmed to Buyers Bank.

9.2  The agreed price shall be paid in full. The payment shall be made by FedWire or SWIFT cash wire transfer to the Seller’s Designated Bank Account based on the Refiner’s Final Assay Report.

9.3  Final payment shall be made against presentation of the following documents:

9.3.1        Final Assay Report issued by the Buyer’s Refinery.

9.3.2        Commercial Invoice based on the Final Assay Report that is signed and accepted by Buyer or Buyer’s representative. The said invoice will indicate the following:

9.3.2.1  Purity of the Gold Alluvial Gold Dust Material.

9.3.2.2  Quantity in Ounces and Kilograms.

9.3.2.3  Value based on the pricing methodology in Section 5.

10. PROCEDURES:

10.1  Buyer and Seller complete, sign and seal this agreement.

10.2  Buyer will supply Seller with MT799 language (Exhibit “B”) whereby Seller will approve the verbiage within a maximum of 2 international banking days.

10.3  Upon Seller acceptance and approval of the MT799 language the Seller will send to Buyer the POP (Proof of Product) documentation entailing the following:

10.3.1  Signed Assay Report from P.M.M.C.

10.3.2  Certificate of Ownership signed by P.M.M.C. and Notarized

10.3.3 Certificate of Origin Notarized

10.3.4 Passport and CIS of Seller

10.3.5 Business Registration Certificate

10.3.6 Full Corporate Offer

10.4  Buyer/Buyer’s Bank will issue MT799 to the Seller within a maximum of five (5) International banking days after the POP is issued and All documentation is verified by Buyer/Buyer’s Bank.

10.5  Shipment Commences as per contract and schedule. The Seller shall complete delivery of the Gold Dust to the Buyer’s refinery of choice in Atlanta, Georgia, U.S.A. within 2 working days from Buyer’s issuance of the MT799, and send Bill of Lading to Buyer or Buyer’s Customs Broker by express courier and electronic mail.

10.6  Seller Representative will meet with Buyer’s Representative at Buyer’s Refinery in Atlanta Georgia, U.S.A. upon arrival of the Gold Dust to Buyer’s Refinery.

10.7  Refinery performs the assay and smelting and provides the Final Assaying Report that will indicate the Weight and Purity of the delivered quantity and provides the same to the Seller, the Buyer and the Buyer’s Bank.

10.8  Buyer and Sellers representative shall witness the procedures by Refinery to insure all procedures have been followed and actual delivery was completed to the Buyer’s Refinery.

10.9  Buyer will notify the Seller’s Mandate of successful completion of events in written form and Seller will hand over all relevant documents to Buyer.

10.10                  Buyer pays the value of the smelted gold per contract payment terms and conditions as set forth in Sections 5 and 9.

11. CLEAR TITLE:

Seller confirms and warrants that the title of the Gold to be sold herein will be free and clear of all liens and/or encumbrances and Seller states that the Gold is not of terrorist and/or criminal origin.

12. TRANSFER OF TITLE OF GOODS:

The Title to the gold shall transfer from the Seller to the Buyer immediately upon arrival at the Buyer’s choice of refinery in Atlanta Georgia, U.S.A. and will be placed into the account of the Buyer at the refinery with the necessary documents. Provided, however, Buyer will not take legal ownership until the agreed price of the gold is paid as per this contract after final assay from the refinery.

13. WARRANTIES:

13.1                       The Seller covers the cost of transportation from the present location of the gold to the Buyer’s Refinery premises.

13.2                       Seller warrants that the commodity can be lifted without restrictions to anywhere in the world.

13.3                       The Seller and Buyer agree to accept the Assay Report from the Buyer’s Refinery.

13.4                       Buyer warrants to issue a MT799 confirming the readiness of the Buyer to pay for each and every lot of Raw Gold delivered on a weekly basis based on the terms and conditions of this agreement, within maximum of Seven (7) banking days after verification of the POP (proof of product) per Section 7.3.

14. INTERMEDIARY FEES:

The Buyer hereby undertakes to pay by wire transfer, within a maximum of Five Banking Days of the refinery’s final Assay Report, fees to the persons whose identities and percentage fees are recorded in Exhibit “D.”

15. BANK AND REFINERY DETAILS:

15.1     The Sellers and the Buyer have the right to change their bank details and Banking co-ordinates.  In such an event, the change may only be effected after express written notice to the other Party;

15.2     The Buyer reserves the right to change the processing Refinery.  In such an event the change may only be effected after express written notice to the other Party to the relevant change.  The change however, may not change the specifications of the product as described in Section 2;

15.3     The bank details of the Sellers and of the Buyer will be as per Exhibit “C” attached.

15.4     The Sellers and the Buyer agree not to contact or attempt to contact the other party’s bank directly or indirectly by means of any telephonic, magnetic, electronic or computerized communication method or through any third party in any way whatsoever, including but not limited to banks and/or financial institutions, without express written notification of such proposed communication to the other party and the subsequent express written permission given by the other party.

15.5     Permission from the other party will only be for the stated purpose in the written Notification and will be limited to the specific questions; request and/or intent stated in the written notification and consented to by the subsequent express written permission given by the other party.

16. PATRIOT ACT COMPLIANCE.

The parties shall comply with all applicable laws relating to the refining and sale of the Materials and certify to the other party that they are in compliance with the United States PATRIOT Act and its anti-money laundering policies.  By initialing below the parties also covenant that they will each remain in compliance with all material laws and will notify the other party upon any notice of or actual investigation by a governmental body:

Buyer _____                     Seller _____

17. NON-CIRCUMVENTION AND NON-DISCLOSURE:

Both Buyer and Seller acknowledge that the harm to the other party would be substantial and therefore the Seller and Buyer agree to abide by the Customary International rules of non-circumvention and non-disclosure as established by the International Chamber of Commerce in Paris, France for a period of five (5) years from the date hereof.  Said Non-circumvention and non-disclosure shall include, but not be limited to communicating with each other’s banks, refiners, Representatives of Buyer dealing with Customs, brokers or Seller’s mandate. The understanding and accord of this subparagraph will survive until the termination of this Agreement.

18. ELECTRONIC DOCUMENT TRANSMISSION (EDT):

EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this Contract.  As applicable, this agreement shall be governed under and incorporate:

18.1  Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model Law on Electronic Signatures (2001) and;

18.2  ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT);

18.3  EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable.  Either Party may request hard copy of any document that has been previously transmitted by electronic means provided however, that any such request shall in no manner delay the parties from performing their respective obligations and duties under EDT instruments.

19. TERMINATION:

19.1  Buyer shall have the right to terminate this Agreement, without penalty, at any time by giving FIVE (5) days notice to the Sellers by facsimile transmission or email.

19.2  Sellers shall have the right to terminate this Agreement, without penalty, at any time by giving FIVE (5) days notice to the Sellers by facsimile transmission or email.

19.3  The termination shall be effective one (1) day after the notice has been given, hereinafter referred to as the “Termination Date”.

20. DEFAULT:

Either party may terminate this Agreement, effective immediately, by giving written notice of termination to the other party upon occurrence of any one or more of the following events:

20.1  Either party shall default in the performance of any of its obligations hereunder, or shall fail comply with any provision of this Agreement; provided, however, notwithstanding anything the contrary herein, the non-defaulting party shall specify the nature of the default(s), the defaulting party shall have 5 (five) days to cure any such default from the date of receipt of notice thereof, and upon the defaulting party’s failure to cure any such default within the aforesaid time period, this Agreement shall automatically terminate; or

20.2  Either party is unable to pay its debts as and when they are due and payable; or

20.3  Either party shall enter into any voluntary or involuntary bankruptcy, receivership, liquidation, dissolution or winding-up proceeding, where a trustee or similar official is appointed with respect to all or substantially all of its assets; or

20.4  Either party is in material violation of any applicable laws.

The above rights of termination shall be in addition to any other rights or remedies the non-defaulting party may have at law or in equity.

The termination of expiration of the term hereof shall not affect any obligations or responsibilities outstanding hereunder on the effective date of such termination.  Buyer acknowledges that title to goods remains with Sellers until such time as payment has been made.

21. BINDING AUTHORITY:

This Agreement is binding upon the parties hereto, their assigns and successors and is signed with full authority to act.

22. EXCLUSIVITY OF AGREEMENT:

This Agreement is exclusive, non-assignable and exists solely for the benefit of the named Buyer and Seller. If the Buyer desires to re-assign this Agreement to any other Third Party, then the Buyer shall provide a signed and completed copy of any assignment, conveyance, or transfer and send same to the Seller for his approval. Any such assignment, conveyance, or transfer of this Agreement and the rights and responsibilities in connection with it by the Buyer shall be deemed valid and in full force.

23. EXECUTION OF THIS AGREEMENT: The terms of this Agreement shall be confirmed and signed by the Buyer and the Seller via facsimile or Email.  Said executed facsimile or email shall be binding and initiates and concludes the legal liabilities between Buyer and Seller of this Agreement. By signing below, both parties abide by their corporate and legal responsibility, and execute this Agreement under full penalty of perjury.

24. JOINT DECLARATION:

The Seller and Buyer each declare unto one another that the gold herein for sale and the origin of the funds used for purchasing the gold do NOT contravene any of the following LAWS. “The Drug Trafficking Act of 1986″; “The Criminal Act of 1988″; “The Prevention of Terrorism (Temporary Provisions) Act of 1989″; “The Criminal Justice (International Co-operation) Act of 1990″; “The Criminal Justice Act of 1993″, “U. S. PATRIOT ACT OF 2001″ or any other illegal or criminal activity. Accordingly each Party to this Agreement indemnifies each other against any such allegations, which may or may not be made in the future.

25. OTHER MATERIAL TERMS:

25.1     Parties-in-Interest.  This Agreement shall inure to the benefit of and be binding upon the parties, successors and permitted assigns.  There are no third party beneficiaries to this Agreement other than those in Exhibit “D”.

25.2     Counterparts. This Agreement may be executed in one or more counterparts, each which shall be deemed an original, but all of which shall together constitute one and the same instrument.

25.3     Severability. If any one or more of the provisions contained in this Agreement shall for any reason be held invalid, illegal or unenforceable for any reason, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement, which shall be construed as if such invalid, illegal, unenforceable provision had never been contained herein.  It is the intention of the parties that if any provision of this Agreement is capable of two interpretations, one of which would render the provision void and the other of which would render the provision valid, then the provision shall have the meaning which renders it valid.

25.4     Amendments. Each and every modification and amendment of this Agreement must be writing and signed by all of the parties hereto.  Each and every waiver of any covenant, representation, warranty or other provision of this Agreement must be in writing and signed by each party whose interests are adversely affected by such waiver.  No waiver granted in any one instance shall be construed as continuing waiver applicable in any other instance.

25.5     Attorneys’ Fees. If any legal action or other proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach, default or misrepresentation in connection with any provision of this Agreement, the successful or prevailing party or parties shall be entitled to recover reasonable attorneys’ fees, court costs and all expenses even if not taxable as court costs (including, without limitation, all such fees, costs and expenses incident to appeals), incurred in that action or proceeding, in addition to any other relief to which such party or parties may be entitled.

25.6     Governing Law. The Parties hereby agree to settle all disputes amicably. If amicable settlement is not reached the dispute shall be submitted to the ICC for conciliation and arbitration, whose findings shall be considered final and binding upon both Parties. The place of arbitration and jurisdiction shall be in the location stated.

25.7     Sections and Other Headings. The sections and other headings contained in this Agreement are for reference purposes only and shall not affect the interpretation of this Agreement.

25.8     Notices. All notices given with respect to this Agreement shall be given in writing to be delivered in person, sent by fax or other form of rapid electronic communication, or mailed by certified or registered U.S. Mail, postage prepaid, with return receipt requested, to the parties at the following addresses, or to such other addresses as they may hereafter specify by notice as provided herein to the other party:

The Seller:

The Buyer:

Notices shall be deemed to have been both given and received (I) when delivered in person, or (ii) if sent by fax or other form of rapid electronic communication, on the first business day in the country of receipt after transmission, or (iii) if mailed, when deposited in the mail as aforesaid.

25.9        Entire Agreement.  This agreement contains a complete statement of the agreement by and between the parties hereto with respect to the subject matter hereof, and supersedes all existing agreements among them concerning the subject matter hereof.

25.10    Force Majeure. Buyer and Seller shall not be liable to each other or any third party, or customer of the Buyer or Seller for any delay in delivery, performance, or failure to perform or to deliver due to causes beyond its reasonable control, acts of governmental or military authority, strikes, floods, epidemics, war, riots, delays in transportation or shortages thereof, inability, due to causes beyond its reasonable control, unless attributable to the Sellers’ or Buyer’s gross negligence or willful misconduct.  In the event of any such delay or failure, the date of performance/delivery shall be extended for a period time equal to the period of force majeure unless the contract has been terminated.

(Signature Page Follows)

IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed on the date first written herein by their duly authorized signatories.

Sworn, signed, and certified under the pains and penalties of perjury.

FOR AND ON BEHALF OF SELLER:  (NAME)

By:_____________________________________                                                                                           NOTARY

Name:

Title:

Passport No:

Country:

Issue Date:

Expiry:

Email:

Telephone:

Mobile:

Fax:

FOR AND ON BEHALF OF BUYER: (NAME)

By:_____________________________________                                                                                           NOTARY

Name:

Title:

Passport No:

Country:

Issue Date:

Expiry:

Email:

Telephone:

Mobile:

Fax:

Exhibit “A”

Buyer’s Refinery Coordinates

Exhibit “B”

Buyer’s MT799 Language

Exhibit “C”

Seller’s Banking Coordinates

Signature:
Print Name:
Company:
Address:
Address:
Address:
Country:
	Tax ID Number: Passport Country: Issue Date: Expiration Date: Phone: Mobile: Fax: Email:

BANK REMITTANCE ACCOUNT

BANK NAME:
BANK ADDRESS:
ACCOUNT HOLDER:
ACCOUNT SIGNATORY:
SWIFT CODE:
IBAN NUMBER:
BANK ACCT NUMBER:
ABA NUMBER:
BANK OFFICER NAME:
BANK TEL:
BANK OFFICER FAX:
BANK OFFICER EMAIL:

Exhibit “C”

Buyer’s Banking Coordinates

Signature:
Print Name:
Company:
Address:
Address:
Address:
Country:	U.S.A.
	Tax ID Number: Passport Country: Issue Date: Expiration Date: Phone: Mobile: Fax: Email:

BANK REMITTANCE ACCOUNT

BANK NAME:
BANK ADDRESS:
ACCOUNT HOLDER:
ACCOUNT SIGNATORY:
SWIFT CODE:
IBAN NUMBER:
BANK ACCT NUMBER:
ABA NUMBER:
BANK OFFICER NAME:
BANK TEL:
BANK OFFICER FAX:
BANK OFFICER EMAIL:

Exhibit “D”

Intermediaries Banking Coordinates

FEES

The intermediaries referred to under Section 14 within the main body of this agreement are identified hereunder.  No other payments will be made.

The distribution will take place as follows:

_____% of SPOT To Each Party Below:

Signature:
Print Name:
Company:
Address:
Address:
Address:
Country:
	Tax ID Number: Passport Country: Issue Date: Expiration Date: Phone: Mobile: Fax: Email:

BANK NAME:
BANK ADDRESS:
ACCOUNT HOLDER:
ACCOUNT SIGNATORY:
SWIFT CODE:
INT. Branch NUMBER:
BANK ACCT NUMBER:
ABA or IBAN NUMBER:
BANK OFFICER NAME:
BANK TEL:
BANK OFFICER FAX:
BANK OFFICER EMAIL:

PLEASE DOWNLOAD CONTRACT HERE. CLICK HERE:

http://www.africabusiness.com/AuContract MT799 11-12-10.doc

http://www.africabusiness.com/MT799 pof.pdf  (VERBIAGE)

IF GOOD FOR YOU PLEASE FILL, SIGN AND SEND TO US.

PLEASE CONTACT US VGDTRADING @ GMAIL.COM (WITH DETAILS BUYER#2S)

PRIVATE SALE AND PURCHASE AGREEMENT FOR
GOLD DUST CIF DELIVERY
(SPA)

BETWEEN

SELLER with headquarters in SELLER COUNTRY, hereby duly Represented by SELLER NAME, holder of SELLER COUNTRY Passport No. NUMBER (hereinafter referred as the “Seller”)

AND

______________ with office Address at _________________, hereby duly represented by __________, holder of United States Passport No. ____________ (hereinafter referred as the Buyer)

WHEREAS: Seller has available for sale of Alluvial Gold Dust, Dore or Nuggets, hereinafter collectively referred to as “Gold”.

WHEREAS: Buyer wishes to purchase Seller’s Gold over an agreed upon time period.

WHEREAS: Seller and Financier acknowledges that Buyer is willing to commit 1 Million USD only, and financier further acknowledges they are ready, willing and able to supply the Seller the funds necessary to allow the Seller to provide the Buyer delivery of the commodity as described herein:

NOW THEREFORE: All Parties agree to the Terms and Conditions as follows:

SCOPE OF THE CONTRACT:

a) The Seller, under full authority and responsibility, declares that he has the capability and unrestricted right to sell the Gold and guarantees that he is capable to legally export the Gold Dust as stated in the “EXHIBIT C” – AFFIDAVIT OF OWNERSHIP AND FIRST SHIPMENT GUARANTEE.

b) Seller/Seller’s Financier must pay the full total of local taxes, duties, insurance, smelting/assay, government fees, shipping cost from location of gold to loading airport, shipping cost from departure of origin to Buyer designated airport.

c) After the gold is delivered to Buyer’s designated airport, Dallas Fort Worth International Airport – DFW, Seller’s Representative or Shipping Agent must allow the Buyer to see and inspect the whole quantity of the product in person. Seller’s Representative or Shipping Agent is not allowed to ask for random sample fee or diplomat fee or security storage fee or release charge or warehouse fee, etc. Final Payment is made 100% by Wire and guaranteed via CONDITIONAL SBLC delivered via SWIFT MT799 per “EXHIBIT A” – STANDBY LETTER OF CREDIT FORMAT DELIVERED VIA SWIFT MT-799: after satisfactory final assay report for the whole quantity in Buyer’s selected refinery per “Exhibit B”- SHIPPING INSTRUCTIONS.

d) The Buyer, under full corporate authority and responsibility declares that he and his associates have the full capability to purchase the un-refined gold and such purchase will be increased with options and extensions.

Any excuse of delayed or partial payment is not accepted after final assay and the value accepted by both Buyer and Seller.

e) Should any irregularities during the course of this exercise occur, the executed details of this SPA shall be delivered to the relevant authorities which will be followed up by a ruthless pursuit for breach of contract.

COMMODITY SPECIFICATIONS:

COMMODITY : Alluvial Gold Dust or Dore
ORIGIN : COUNRTY OF ORIGIN
QUANTITY : XXX kg
PURITY : See PRODUCT PURITY GUARANTEE: below
DESTINATION :
Acnt # To be provided via Dallas Fort Worth International Airport (DFW)
PRICE : XX, XXX PER KG
GUARANTEE : See Conditional SBLC – “EXHIBIT A”
FULL PAYMENT : Wire Transfer – see PAYMENT TERMS: below
FINAL ASSAY : See “EXHIBIT B”
PACKING : International standard export Package Boxes
COMMISSION : If applicable – Commission shall be paid accordingly.

QUANTITY:

Seller agrees to sell and deliver to the Buyer under the Terms of this Agreement an amount of XX kg weekly for four weeks, increasing to two shipments per week for a period of 1 (One) year, with possible, increases, rolls and extensions per. The product will be in Alluvial Gold Dust or Dore form.

PRICE:

The price payable by the Buyer to the Seller is currently at a price of US $XX, XXX USD per kg of gold dust CIF, OR XX % below LBMA. As the LBMA price goes up and down, the price to the Buyer will never be lower than XX % below LBMA.

DELIVERY TERMS:

a) The delivery terms for this S.P.A. agreement shall be on a CIF basis (by Air-cargo) shipping company XXXXXXXXXX to the Buyer’s designated airport (Dallas Fort Worth International Airport – DFW) The Seller, or Seller’s investor’s bank, will pay all taxes, duties, insurance, etc, in the country of origin.

b) The Seller will bear the shipping cost from the departure point (DEPARTURE COUNTRY) to the Buyer’s designated destination airport (Dallas Fort Worth International Airport – DFW).

c) The Buyer will pay for clearing shipment of Gold Dust through Customs at (Dallas Fort Worth International Airport – DFW). The Buyer pay for transport the gold from Buyer’s designated airport (Dallas Fort Worth International Airport – DFW) under the Seller’s name but at the Buyer’s Cost to the Buyer’s designated refinery account. (“EXHIBIT B”)

d) The Buyer will be physically present at Customs location (Dallas Fort Worth International Airport – DFW) and to insure all procedures have been followed and actual delivery was completed to the refinery. Buyer will notify the Seller of successful completion of events in written form and, furthermore, Buyer MUST supply to Seller. The following documents in order to meet the conditions of the SBLC:

1. Customs Declaration entry Document
2. Receipt of deposit from Dillon Gage Refinery
3. Final Assay report from Dillion Gage Refinery

e) Legal Ownership of Gold Dust is retained by the Seller until the payment in full is received by Seller’s bank from the Buyer.

PAYMENT TERMS:

Final payment for the Gold shall be made by Wire Transfer to the Seller’s designated Bank, within 5 days after receipt of final assay report from the refinery; however Buyer will initiate the Wire Transfer within 72 hours of final assay. Payment Notice will serve as part of the contract and has the same legal effect.

PROCEDURE:

1. Seller and Financier sign this Agreement and e-mail it to the Buyer for his signature. Buyer returns signed Agreement to the Seller via e-mail.

2. The Buyer shall advise his/her bank to issue an Conditional SBLC delivered via SWIFT message (“EXHIBIT A”) for proof of funds as ability to affect the payment after Assay report for the value of the gold dust and sent via SWIFT to Seller’s Bank as a security for the two parties. (“EXHIBIT A”)

3. Upon receipt of confirmation slip of the SWIFT MT799 (“EXHIBIT A”) generated from Buyer’s bank, Financier will effect payment to the Seller and the Seller will commence packaging of the agreed quantity and deliver to the choice of Refinery of the Buyer (“EXHIBIT B”) for final Assay to necessitate out-right full payment.

4. Within 7 working days of receipt of the confirmation slip of the SWIFT MT799 (“EXHIBIT A”), the Seller is required to show all documentation listed under the “Document” section of this contract to the Buyer, and will ship the goods to Buyer’s destination (Dallas Fort Worth International Airport – DFW). The Seller, if intending to accompany the shipment, will also provide the Buyer a copy of their round trip ticket.

5. Assay will be conducted at Buyer’s account at the presence of both Buyer and Seller in Buyer’s choice of refinery (“EXHIBIT B”).

6. Payment by the Buyer shall be initiated to the Seller’s designated Bank within 72 hours after receipt of final assay report from the refinery and its value will be accepted by both Buyer and Seller.

DOCUMENTS:

The shipment and delivery shall be identified with all assigned contract reference codes and numbers. Seller to provide the following documents to Buyer prior to arrival of the gold:

a) Two originals of Commercial Invoices in favor of the Buyer
b) Certificate Of Origin
c) Certificate Of Ownership
d) Export Permit
e) Packing List
f) Original Copy of the Airway Bill marked “air freight Pre-paid”
g) Customs Declaration Form(s) (supplied by Buyer, if applicable)
h) Declaration that the gold is free and clear and of non-criminal origin, unencumbered and free of any liens, and is transferable and exportable

TITLE OF GOODS:

The Title to the gold shall transfer from the Seller to the Buyer immediately upon clearing Customs and will be placed into the account of the Buyer at the refinery with the necessary documents. Provided, however, Buyer will not take legal ownership until the agreed price of the gold is paid as per this contract after final assay from the refinery.

CLEAR TITLE:

Seller confirms and warrants that the Title of the gold to be sold herein will be free and clear of any and all Liens and encumbrances and Seller states that the gold is not of terrorist and/or criminal origin.

WARRANTIES:

a) The Seller / Financier shall pay all the required duties and charges in country of export.
b) Seller warrants that the commodity can be shipped to anywhere in the world without restrictions.
c) The Seller agrees to accept the final assay report from the Buyer’s designated refinery, accepting payment of each shipment after final assay of the gold.
d) Additional charges due to the excessive impurity content of the gold will be deducted from the amount payable to the Seller.

NON-CIRCUMVENTION and NON-DISCLOSURE:

Buyer and Seller and Carrier acknowledge that the harm to the other party would be substantial and therefore the Seller and Buyer agree to abide by the Customary International rules of non-circumvention and non-disclosure as established by the International Chamber of Commerce in Paris, France for a period of five (5) years from the date hereof. Said Non-circumvention and non-disclosure shall include, but not be limited to communicating with each other’s banks, refiners, representatives of Buyer dealing with Customs, brokers or Seller’s mandate. The understanding and accord of this subparagraph will survive the termination of this Agreement.

FEES CLAIM RIGHTS: Each and all facilitators/intermediaries as beneficiary to the fee agreement or Pay Order issued by either party or assignee to this business transaction contract shall have the right to make a claim against the party or parties failing to honor the contractual agreement for “Irrevocable payment agreement” in the event that payer fails to make all fee payments due.

Third party beneficiaries: Under no circumstances whatsoever may the Buyer or Seller to this contract withdraw the irrevocable fee agreement -pay order or, otherwise instruct his bank to dishonor any payment demand hereunder by any paymaster or beneficiary to such fees. And, all parties and beneficiaries to the fee agreement are third party beneficiaries to this business contract transaction between the principals – Buyer and Seller, regardless as to who is the end Buyer or Seller to the transaction described herein.
(a) All considerations, benefits and fees to be received as a result of this contract of the Parties relating to any of the transactions will be allocated as mutually agreed to.

FEE PROTECTION AGREEMENT/COMMISSION: This is to confirm that once the Seller receives payment for the selling of the gold amount delivered to Buyer, ALL PAYMENTS, fees or commission to intermediaries shall be paid and transferred to the beneficiary’s paymasters banking coordinates immediately. Buyer is to pay the commission agreed to any Mandate, Agent, in Buyer side pertaining to this contract. All people in Buyer side involved in this contract shall be paid as agreed in the Fee Protection Agreement or pay order issued by the Buyer.

BINDING AUTHORITY: This agreement is binding on the parties hereto, their personal representatives, successors and assigns.

THROUGH THE CITY OF [______] [COUNTRY] TO [______] [COUNTRY], BUYER’S REFINERY

The parties agreed that a consistent, predictable procedure for the shipping, storage and handling and of Gold products that ensures for the fire and life safely of its citizen is paramount. To accomplish this, the parties have:

1} I Mr. ________________, passport No: ____________ Hereby call the BUYER.

2} I Mr.___________, Passport No:____________ Hereby call the SELLER.

3} I Mr.___________, the BUYER with full corporate authority do hereby warrant and attest, under penalty of perjury, and assuming any and all financial and/or legal liabilities that may arise from any misrepresentations and being subject to any and all relevant applicable damages state unequivocally with complete security that we are ready, willing and legally able to buy the Gold Dust/Bars, which we are offered for sale.

4} I Mr.____________, the SELLER with full corporate authority do hereby warrant and attest, under penalty of perjury, and assuming any and all quantity (Trial xxx Kilos and min. xxxKilos of Gold Dust per month) and/or legal liabilities that may arise from any misrepresentations and being subject to any and all relevant applicable damages state unequivocally with complete security that we are ready, willing and legally able to Sell the Gold Dust, which we are offered for sale.

5} I, Mr._________, the BUYER with full corporate authority do hereby agree that upon arrival of the Gold and Assay certificate is issued to Buyer and Seller, under X days, I the Buyer fail to make the payment of the Gold, the Seller have the right to sell his products to another Buyer and still request Buyer to pay the cost of Damages to the Seller the sum of $XXX,000 Dollars.

6} I Mr._________, the SELLER with full corporate authority do hereby agree that upon Bank to Bank confirmation of Buyer SWIFT MT799, I, the Seller, shall proceed to process all export documents and deliver the Gold Dust to Buyer giving address listed above under 14 working days and if there arise that Seller fails to Deliver the products after 14 days, Buyer shall request the Seller to pay the cost of Damages the sum of $XXX,000 Dollars.

Both Parties hereby makes this solemn declaration with complete assumption of any and all fiduciary duties as well as any and all liabilities, and/or fees $XXX,000 Dollars. Will be responsible for, should it be determined that such a liability is the result from any falsities and/or misrepresentations, knowingly and/or unknowingly made on our party or by our representatives.

Both parties agree that signing this MOU, have ready and must comply and failure to honor it shall attract international law Court at ____________. Email or fax copy shall stand as original copy.

TOTAL AGREEMENT:

This Agreement supersedes any and all prior agreements and represents the entire Agreement between the parties. No changes, alterations or substitutions shall be permitted unless the same shall be notified in writing and signed by both parties.

TERMS:

The terms of this Agreement shall be Confirmed and signed by the Buyer and the Seller and carrier via facsimile or Email. Said executed facsimile or email shall be binding and initiates and concludes the legal liabilities between Buyer and Seller of this Agreement. By signing below, all parties abide by their corporate and legal responsibility, and execute this Agreement under full penalty of perjury. Any dispute or disagreement of any kind between the signatories to this agreement shall be resolved by binding arbitration in accordance with the laws of SELLER’s COUNTRY and the arbitration tribunal shall consist of three (3) arbitrators chosen by the parties from a slate of eight (8) proposed arbitrators provided. If the parties are unable to agree on all three arbitrators within seven (7) days after receipt of the slate provided an appointment shall be made by the Arbitration body. The decision of the tribunal shall be final and binding and no appeal shall lie there from. The tribunal shall have the power to order one party to contribute to the reasonable costs and expenses of the other party, or to pay all or any portion of the costs of the arbitration, as the panel determines in its discretion. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof, plus any and all court costs, attorney fees and any other costs or charges reasonably necessary to adjudicate the controversy.

PRODUCT PURITY GUARANTEE:

The Buyer will pay the agreed upon price to the Seller for every pure kilogram of gold retrieved from the entire shipment, based upon final assay at the Buyer’s refinery. EXAMPLE: If the shipment is for 50kg and the purity is 95% that means out of that 50kg there are only 48.5 kilos of 100% pure gold. The Buyer will pay the Seller for only 48.5 kilos of pure gold.

FORCE MAJEURE:

The parties hereto shall not be held liable for any failure to perform under the “Force Majeure” clause as regulated by the International Chamber of Commerce, Paris – France which clauses are deemed to be incorporated herein.

SELLER’S INFORMATION:
Seller’s Name:
Represented By:
Address:
Phone:
Email:

FINANCIER’S INFORMATION:
Financier’s Name:
Represented By:
Address:
Phone:
Email:

BUYER’S INFORMATION:
Buyer’s Name:
Represented By:
Address:

SWIFT DESTINATION INFORMATION
Bank Names:
Address:
Swift:
Account Name:
Account No:
Routing:
Bank Number:

PAYMENT COORDINATES

Buyer and Seller bank coordinates for sending and receiving payments shall be supplied per “EXIBIT D” – BANKING COORDINATES AFTER all terms of this agreement have been accepted by the Buyer, Seller, and Financier.

SIGNATURE PAGE

EXECUTION OF AGREEMENT:

This agreement may be executed in any number of counterparts, and by the parties on separate counterparts, each of which so executed and delivered will be an original, but all the counterparts will together constitute one and same agreement. The parties agree that all signatures to this contract are deemed original when transmitted electronically and the contract are deemed original copy when transmitted electronically via e-mail.

For and behalf of Seller:

Authorized Signatory

Date:

For and behalf of Financier:

Authorized Signatory:

Date:

For and behalf of Buyer:

Authorized Signatory:

Date:

Please note: Electronic signatures are valid and accepted as hand signature EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this Contract. As applicable, this agreement shall be: Incorporate U.S. Public Law 106/229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model Law on Electronic Signatures (2001) and ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT). EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable. Either Party may request hard copy of any document that has been previously transmitted by electronic means provided however, that any such request shall in no manner delay the parties from performing their respective obligations and duties under EDT instruments.

“EXHIBIT A”
STANDBY LETTER OF CREDIT FORMAT
DELIVERED VIA SWIFT MT-799:
NOTIFICATION :
DELIVERY STATUS :
PRIORITY / DELIVERY :

MESSAGE INPUT REFERENCE :
———————————–MESSAGE HEADER———————————–
SWIFT INPUT :

SENDER :
BANK NAME :
BANK ADDRESS :
SWIFT CODE :
BANK OFFICER :
AMOUNT :
ACCOUNT NAME :
ACCOUNT NUMBER :

RECEIVER :
BANK NAME :
BANK ADDRESS :
SWIFT CODE :
BANK OFFICER :
ACCOUNT NAME :
ACCOUNT NUMBER :
———————————– SWIFT MESSAGE TEXT———————————–

TRANSACTION CODE:
TRANSACTION NUMBER:

WE, [Buyer’s Bank Name] REPRESENTED BY THE UNDERSIGNED OFFICERS HEREBY ESTABLISH THIS UNENCUMBERED CONDITIONAL STAND-BY LETTER OF CREDIT [NUMBER 000000] ON BEHLAF OF OUR ACCOUT HOLDER [Buyer’s Name Here] IN THE AMOUNT OF ONE MILLION UNITED STATES DOLLARS $1,000,000.00 USD TO THE BENEFIT OF [Financier / Seller Name Here]. THE ESTABLISHMENT OF THIS STAND-BY LETTER OF CREDIT IS FOR THE GOLD TRANSACTION OF [Amount of gold here] (00) KILOGRAMS REFRENCED IN THE TRANSACTION NUMBER [Transaction Number Here]

THE FUNDS ON DEPOSIT WITH [Buyer’s Bank Name] SUPPORTING THIS CONDITIONAL STAND-BY LETTER OF CREDIT ARE TRANSFERABLE TO [Financier / Seller Name Here], ONLY UPON ALL CONDITIONS HEREIN BEING SUBMITED IN THE FORM OF VERIFIABLE DOCUMENTATION BY [Financier / Seller Name Here] TO [Buyer’s Bank Name], AND [Buyer’s Bank Name] COMPLETE VERIFICATION OF ALL DOCUMENTS PRESENTED, THROUGH AUTHENTICATING THAT ALL CONDITIONS WITHIN THIS CONDITIONAL STAND-BY LETTER OF CREDIT HAVE BEEN COMPLETED BY [Financier / Seller Name Here].
[Buyer’s Bank Name] WILL IMMEDIATLEY INFORM THE ACCOUNT HOLDER [Buyer’s Name Here], IN THE EVENT OF A DEMAND FOR PAYMENT IS MADE ON THIS STAND-BY LETTER OF CREDIT AND BEGIN VERIFICATION OF ALL DOCUMENTS SUMBITED BY [Financier / Seller Name Here].
CONDITIONS:
WE [Buyer’s Bank Name] UNDERTAKE AND CONFIRM THAT ALL DEMANDS UNDER THIS STAND-BY LETTER OF CREDIT SHALL BE DULY HONORED UPON THE SUBMISSION AND COMPLETE VERIFICATION OF THE FOLLOWING CONDITIONS:
-[Financier / Seller Name Here] must supply [Buyer’s Bank Name] with an Airway Bill from the Airline Company that was compensated for the transportation of the [amount of gold here]
(00) kilograms of Gold to Dallas Fort Worth International Airport.
-[Financier / Seller Name Here] must supply [Buyer’s Bank Name] with a Customs Declaration Entry Document from USA Customs Boarder Patrol Showing the legal importation of the [amount of gold here] (00) kilograms of gold into the USA at Dallas Fort Worth International Airport.
-[Financier / Seller Name Here] must supply [Buyer’s Bank Name] with a receipt of deposit from Dillion Gage Refinery located in Texas, showing the [amount of gold here] (00) kilograms of gold was deposited into account number [000000].
-[Financier / Seller Name Here] must supply [Buyer’s Bank Name] with an Assay Report on the [amount of gold here] (00) kilograms from Dillion Gage Refinery, which that must be dated for 5 calendar days.
THIS STAND-BY LETTER OF CREDIT IS DELIVERED BANK TO BANK BY SWIFT CONFIRMATION MT-799 AD IS FULLY CONFIRMABLE ON A BANK-TO-BANK BASIS. THIS STAND-BY LETTER OF CREDIT EXPIRES ON THE [DAY OF MONTH YEAR].
DATE RECORDED:
BANK OFFICER :
PIN :

———————————–MESSAGE TRAILER———————————–

“Exhibit B”- SHIPPING INSTRUCTIONS

SHIP TO:

Buyers Refinery :
Refinery Address :
Dallas
Account Name :
Account Signatory :
Account Number : To be provided

NOTIFICATION CONTACT INFORMATION FOR ALL SHIPMENTS:

Attention :
Company Name :
Email :
Phone :

(Must call 24 hours before shipment and on the day of arrival)

“EXHIBIT C”
AFFIDAVIT OF OWNERSHIP AND FIRST SHIPMENT GUARANTEE

DATE : ENTER MONTH XX, 2010
TO :
FROM: ENTER CORPORATE NAME HERE

I, SELLER’s NAME WITH PASSPORT # ENTER PASSPORT NUMBER OF LAWFUL AGE, DO HEREBY SOLEMNLY SWEAR AND TESTIFY UNDER OATH AND MAKE THIS AFFIDAVIT UNDER PENALTY OF PERJURY AS FOLLOWS.

I MAKE THIS AFFIDAVIT KNOWING THAT THE RECIPIENT HEREOF WILL RELY ON THE CONTENTS HEREOF, AND AGREE TO INDEMNIFY THE RECIPIENT AND ALL INTERMEDIARIES AGAINST ANY AND ALL CLAIMS RESULTING FROM ANY MISREPRESENTATION OF A MATERIAL FACT AND;

I CONFIRM THAT I AM THE CURRENT LAWFUL OWNER, LAWFUL SIGNATORY WITH FULL LEGAL CONTROL OF THE ASSETS, DESCRIBED IN THIS STATEMENT WHICH ARE IDENTIFIED AS XXX KG OF GOLD AND IN ALL MY SUPPORTIVE DOCUMENTATION, AND;

I FURTHER STATE THAT THE ASSETS DESCRIBED ABOVE WERE LAWFULLY OBTAINED AND ARE CLEAN, CLEAR AND OF NON-CRIMINAL ORIGIN, AND;

I DECLARE THAT I HAVE FULL AND COMPLETE LEGAL TITLE AND AUTHORITY TO SELL THE ASSETS DESCRIBED AND;

I ATTEST WITH TAKING COMPLETE RESPONSIBILTY FOR THIS STATEMENT THAT THE XXX KG OF GOLD AND IN ALL MY SUPPORTIVE DOCUMENTATION, WITH A TOTAL CASH VALUE OF WRITE OUT THE VALUE OF CAPITAL OR ASSET IN LETTERS $000,000,000 USD IS UNDER MY COMPLETE CONTROL. THE XXX KG OF GOLD MENTIONED ABOVE IS NOT LEASED, BORROWED, OR HAS ANY ASSOCIATION WITH A THIRD PARTY COMPANIES OF ANY KIND. I FULLY ATTEST THAT I ENTER THE COMPANY / INDIVIDUALS NAME HERE AM A SIGNATORY ON THE ACCOUNT MENTIONED BELOW, AND THAT ACCOUNT IS WHERE I AM REQUESTING THE BUYER TO WIRE THE FINAL PAYMENT. FURTHERMORE, THE DECISIONS MADE REGARDING THE XXX KG OF GOLD ARE UNDER MY 100% CONTROL.

I COMPLETELY UNDERSTAND THAT IF ANY OF THE ABOVE IS DISCOVERED TO BE FALSE I ENTER THE COMPANY / INDIVIDUALS NAME HERE WILL BE PROSECUTED TO THE FULLEST EXTENT OF THE LAW WITH THE MAXIMUM PENALTY POSSIBLE.

IF THE AGREED UPON FIRST SHIPMENT OF GOLD FAILS, AND IT IS PROVEN IN A COURT OF LAW THAT MY RESPONSIBILITIES CONTRACTUALLY WERE NOT FULFILLED BECAUSE OF MY ORIGINAL INTENT TO DECEIVE, STEAL FROM, OR DEFRAUD ___________________ IN ANY WAY, THEN I IRREVOCABLY ACCEPT PROSECUTION FROM THE ENTER YOUR COUNTRY JUDICIAL COURT SYSTEM OF THE MAXIMUM ALLOWED PENALTY, AND I ALSO AGREE TO PAY ALL THE PROSECUTING PARTIES ATTORNEY FEES IF FOUND GUILTY.

IT IS FULLY UNDERSTOOD THAT _________________WILL NOT SETTLE THE LAWSUIT BY NEGOTIATING OUTSIDE OF COURT UNDER ANY CIRCUMSTANCES, AND AT A BARE MINIMUM WILL FILE BREACH OF CONTRACT CHARGES WITH INTERPOL IN CASE OF MY NON-PERFORMANCE.

IN WITNESS WHEREOF, I have hereunto set my hand and seal of the company in certification of the above resolutions and provisions on this __________day of ___________, 2010.

___________________________________
Signature (Seal)
Name :
Title:
Country and Passport No:
(Copy of Passport attached)

NOTARIZED BY:

___________________________________
Signature (Seal)
Name:
Title:

NOTARY: This document must be notarized

“Exhibit D”- BANKING COORDINATES

Banking Details for the Buyer’s Designated Bank for Guarantee

WILL BE RECEIVED via SWIFT MT799 to the Financier’s bank

Banking Details for the Seller for Receiving Payment
Bank Name:
Bank Address:
Account Name:
Bank Officer & Title:
Telephone Number:
Telefax Number:
Email Address:
SWIFT Code:

Banking Details for the Buyer’s Bank for Providing Payment
Bank Name:
Bank Address:
Account Name:
Account Number:
Bank Officer & Title:
Telephone Number:
Telefax Number:
Email Address:
ABA/Routing Number:
SWIFT Code:

Buyer has the right to change the Buyer’s Bank for Payment with advance notice to the Seller. Buyer has the right to change the Buyer’s Designated Bank for Guarantee but only after one shipment has been paid for and the next shipment has yet to be shipped and so long as it does not, in the Seller’s opinion, impair the security of the Guarantee. Buyer may use its affiliated companies’ bank accounts /and or affiliated companies for this transaction. THIS AGREEMENT MAY NOT BE ASSIGNED IN PART OR IN FULL BY BUYER WITHOUT THE EXPRESS PRIOR WRITTEN CONSENT OF SELLER.

IF INTERESTED PLEASE CONTACT VGDTRADING @ GMAIL.COM WITH DETAILS: “13/10 CIF US”

MEMORANDUM OF UNDERSTANDING  (MOU) / AGREEMENT
This Memorandum of understanding (MOU)/Agreement is entered into, by and between: ______________________, hereinafter referred to as SELLER and represented by ………………………………… on the one part

A N D
…………………………………………………………………………………………………… hereinafter referred to as BUYER/BUYER MANDATE and     also represented by……………………………………………..on the other part

AND WITNESSES THAT

1.That seller , which is a gold mining company comprising several small scale gold mining cooperative groups and associations in Ghana    is willing , able and ready to enter into a revolving business relationship with buyer for the supply of alluvial gold .

2. That buyer mandate is willing able and ready to enter into a revolving business relationship with seller in respect of the marketing of gold on behalf of seller.

3.COMMODITY SPECIFICATION

.That seller shall supply buyer…………………kilograms of gold at a price of $…………………./kilogram.

4.SHIPMENT PROCEDURE

That seller and buyer shall enter into agreement on quantity and price after which seller shall inform PMMC of such an agreement between seller and buyer. Product shall therefore be made available to PMMC for smelting and shipment to buyer’s destination.

5.The terms of payment

That after seller and buyer has entered into such agreement buyer is to pay the corresponding amount relative to agreed price and quantity to PMMC account with the Bank of Ghana and in favor of the supplying company, to wit, Etsime Mining and Trading Company. Upon receipt by PMMC of the said amount, PMMC shall then inform seller as such and for seller to make available to PMMC the product to be smelted and shipped to buyer’s destination.

6. NON CIRCUMVENTION AND NON DISCLOSURE CLAUSE

That the parties to this agreement, their mandates, trustees, consultants and intermediaries in this agreement agree not circumvent each other or disclose any information about this agreement to persons that are not parties to this agreement.

7. TERM OF CONTRACT

That the term of this agreement shall be for one shipment of ………….….kilograms after which there shall be rollovers and extensions.

8. AUTHORITY

That each party to this agreement hereto agrees and declares each has the authority to enter into this agreement.

9. ASSIGNMENT

That this agreement shall be binding upon all parties hereto and their respective personnel, representatives, heirs, assigns and successors provided however that no party may assign it rights under this agreement without the written consent of the other party.

10. MODIFICATIONS

That any modifications of this agreement shall be made in the form of an addendum and is to be executed by all parties as condition precedent to implementation of such modification.

11. ENTIRETY

That this agreement represents the entire contract between the parties, and that no changes, alterations or substitutions shall be permitted unless the same shall be notified in writing and signed by the parties to this agreement, and that whereas both parties agree that the time frame for this agreement is critical to the performance and fulfillment of said agreement reasonable time will be allotted for the performance of the parties obligations as spelled out in the agreement. Time therefore is of essence.

12. AGENTS’ COMMISSION

That all agents, mandates, trustees and assigns in respect of this agreement shall be paid their due commission/ profit upon t execution of this agreement and into their provided  bank information without delay by both seller and buyer.

This agreement has been made conscientiously knowing  the conditions and statements therein to be true and correct and in consonance with the avowed commitment  of the parties to this agreement to enter into it.

DATED       THIS………….DAY OF OCTOBER, 2010.

IN WITNESS, THE PARTIES HERETO HAVE SET THEIR SIGNATURES.

……………………………………………………..                                 …………………………………………………………………………

SELLER’S    REPRESENTATIVE                         BUYER’S   REPRESENTATIVE

NAME : …………………………….                        NAME : …………………………………..

DATE:………………………….                       DATE:…………………………………

IF INTERESTED PLEASE CONTACT VGDTRADING @ GMAIL.COM WITH DETAILS “PMMC 13/10″.

Registered in England N° XXXXXXX
Seller´s Transaction Code: MCL/GB/PM/PB-MT760/SBLC/099
Buyer`s Transaction Code:
Buyer´s Code
Seler´s Code MCL/GB/PM/PB-MT760/SBLC/092
Contract Number:
Date: 29/8/2010. To: EXPORT IMPORT CONSORTIUM,
FULL CORPORATE OFFER FOR 5000KG OF GOLD DUST
WE ARE CONFIRMING WITH FULL CORPORATE RESPONSIBILITY UNDER THE PENALTY OF PERJURY, THAT WE ARE READY, WILLING AND ABLE TO SELL THE OFFERED QUANTITY OF AU ALLUVIAL GOLD DUST UNDER THE FOLLOWING TERMS AND CONDITIONS, SUBJECT TO SUCCESSFUL CONTRACT EXECUTION
TOTAL Quantity…………………..5000kg
Quality …………………. 22 Karat +
Purity………………….. 92.6%

Price………………….. $24,000 per kg

Minimum Shipment – 100kg -1000kg

Delivery – To Buyer Destination

ORIGIN- MALI

LOCATION – HOLLAND

PAYMENT: PAYMENT: BANK TO BANK SWIFT WIRE TRANSFER.

PROCEDURE:
1. BUYER REPRESENTATIVE/MANDATE OR INTERMEDIARY SUBMITS LETTER OF REQUEST FOR F.C.O.
2. SELLER OR SELLER MANDATE SENDS F.C.O TO THE BUYER OR BUYERS MANDATE.
3. IMFPA IS PREPARED AND SIGNED BY BUYER.
4. BUYER SENDS FCO, IMFPA AND NCND TO THE SELLERS MANDATE.
5. SELLER OR SELLER MANDATE SEND THE SBLC VIA MT760 OR MT103-23 FORMAT VIA SWIFT TO THE BUYER
6. BUYER SENDS HIS SBLC VIA MT760 MT103-23 TO SELLERS BANK TO CONFIRM THAT HE HAS THE CASH TO PAY THE SELLERS UPON THE DELIVERY TO THE BUYERS DESIGNATED DELIVERY LOCATION (BANK DEPOSITORY, BONDED SECURITY WAREHOUSE, OR REFINERY) OR THE BUYER WILL PAY THE SHIPPING COST TO OUR COMPANY APPOINTED SHIPPER AGAINST THE SHIPMENT.
7. SELLER ORGANIZES THE FIRST/ 1ST LIFT TO BE SHIPPED BY OUR COMPANY APPOINTED SHIPPER ONCE THE SHIPPING COST IS PAID TO THE SHIPPER AGAINST THE SHIPMENT TO THE BUYERS REFINERY AND PRIOR OF DEPARTURE COPY OF SET OF DOCUMENTS WILL BE SENT OUT TO THE BUYER / REFINERY.
8. THE SELLER WILL BE INFORMED WHEN DELIVERY HAS ARRIVED.
9. SELLER WILL SWIFT THE SKR TO THE BUYERS BANK UPON THE RECEIPT AND THE CONFIRMATION OF THE SBLC VIA MT760 M103-23 SWIFT BY SELLERS BANK.
(A) Text of Swift MT-103 Field 23
TO:
Bank Name:
Bank Address:
Bank swift code:
Bank Officer:
Bank Fax: +
Bank Tel: +
Bank Account Number:
Bank Account Name:
From:
Bank Name:
Bank Address: Account Name:
Account No.:
Bank Officer
Swift
Code:
Tel.No. (Direct): +
Fax Number: +
Transaction Code:
We, ……………….. on behalf of our client, …………………….., hereby present our, Irrevocable, Assignable, Transferable and Callable cash-backed SWIFT wire transfer in your favor for the account of our client, …………….., holding an account number: ……………… For an amount of …………………………….. ($XXXXXXXXXXXUSD). This irrevocable SWIFT is a binding payment commitment by us for up to 100KG and we hereby undertake to wire transfer the said amount to you in favor of your client, upon complete execution of the signed Agreement Contract No:………………………and verification of quality and quantity testing along with the applicant’s signature. This Irrevocable, Assignable, Transferable, Callable cash-backed SWIFT wire transfer is valid for Sixty (90) days from the day of , 2010 and until the day of ???. This is an operative bank instrument and is subject to the Uniform Commercial Code as it relates to bank credit instruments.
Bank Officer Bank Officer
(ELECTRONIC SIGNATURES OF TWO BANK OPFFICERS WITH NAMES & TITLES)
(B) SBLC TEXT VIA MT760 SWIFT -TEXT OF AN IRREVOCABLE UNCONDITIONAL STANDBY LETTER OF CREDIT AND OR BANK GUARANTEE
ISSUING BANK
ISSUING BANK SWIFT
ACCOUNT NAME
CURRENCY
AMOUNT
RECEIVING BANK
BRANCH
STREET ADDRESS
CITY/STATE/ZIP
TELEPHONE
FAX:
SWIFT
BANK OFFICER
ACCOUNT NAME

ACCOUNT
DATE OF ISSUE
DATE OF MATURITY
WE, ——————-, ON BEHALF OF OUR CLIENT, ——————HEREBY OPEN OUR UNCONDITIONAL, IRREVOCABLE, ASSIGNABLE, TRANSFERABLE DIVISIBLE BANK GUARANTEE IN FAVOR OF ————FOR THE AMOUNT OF USD$ ————- DUE IN 12 MONTHS AND ONE DAY FROM THIS DATE OF ISSUE (THE MATURITY DATE) TO SECURE THE GOLD CONTRACT NO. —— DATED ——— WITH ———– FOR THE AMOUNT OF USD$ ————.PAYMENT IS AVAILABLE BY THE BENEFICIARY’S FIRST DEMANDS VIA BANK WIRE SYSTEM TO ————- OR CERTIFIED MAIL DEMAND HEREUNDER MUST BE MARKED DRAWN UNDER THIS BANK GUARANTEE NO. ———- DATED ———— 2010.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDINGS OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIES COLLECTED, WITHHELD OR ASSESSED, BY THE GOVERNMENT OF THE COUNTRY OR ANY POLITICAL SUBDIVISIONS OR AUTHORITY THEREIN. WE HEREBY ENGAGE WITH YOU THAT YOUR DRAFT DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS BANK GUARANTEE SHALL BE DULY HONORED IN DUE PRESENTATION TO US. THIS LETTER OF CREDIT IS SUBJECTED TO UNIFORM CUSTOMS AND PRACTICES OF DOCUMENTARY CREDIT (1993 REVISED) ICC PUBLICATION NO. 500 AND SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE UK.
THIS BANK GUARANTEE IS AN OPERATIVE INSTRUMENT AND NO MAIL CONFIRMATION WILL FOLLOW THIS BANK GUARANTEE EXPIRES ON ————2010.

BANK OFFICER

NAME AND TITLE.
“ACCEPTANCE OF F.C.O. by BUYER”
We, the Buyer,………………………………………………. , are Ready, Willing and Able to buy the Gold Dust offered in this F.C.O. which is returned to you duly signed and sealed as acceptance of the terms and conditions printed herein.
Signature/Seal of Buyer
Buyer’s Full Name:
Passport No:
Country of Issue:

Yours Sincerely,

Signature/Seal of Seller
Owner’s Full Name: MR.
Passport No;
Country of Issue:.

IF YOU ARE INTERESTED PLEASE CONTACT US INFO @ AFRICABUSINESS.COM with details “09/16 Holland”.

The deal is based on the buyer offering seller MT103/F23.

Seller will provide any initial quantity to transact the deal. After assay report buyer will transfer funds:

SELLER TRANSACTION CODE: xxxxxxxxxxxxx

I, xxxxxxxxxxxxx, hereby on behalf of xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx with the assistance of xxxxxxxxxxxxxxxxxxxxxxxxx for export purposes, warrant under full corporate responsibility, under penalty of perjury that it has legal power and authority to sell gold as per the following terms and conditions:

PRODUCT:	Gold Dust or Nuggets or Bars
PURITY:	22 Carat + 92% or Better
FIRST TRANCHE:	Test tranche of 50 (fifty) Kilograms
SUBS. TRANCHES:	35 (Thirty Five) Kilograms per month.
PRICE:	$28,500 per Kilogram
ORIGIN:	Ghana
PAYMENT:	TT swift wire transfer.

PROCEDURE

1. Seller sends FCO and supporting documentation.
2. Buyer sends Sales and Purchase Agreement (SPA) On CIF
3. Buyer will issue a comprehensive bank Instruments country MT103/.
4. After confirmation of the Bank instrument by the seller’s bank, Seller commences shipment to buyer final refinery in ………………… Prior to departure, copy of export documentation will be sent out to the buyer/ refinery via e mail.
5. Seller’s Rep will accompany the 350kg test tranche throughout the delivery and during the assay in the buyer’s refinery in ………………..
6. Seller will inform Buyer via email when delivery will arrive.
7. 7. After smelting and issuing a new assay report, the buyer will transfer the agreed price to the seller’s bank account by swift/wire, to the sellers nominate bank account provided on the transaction

DOCUMENTATION

Seller’s company shall send the Buyer via email, copies of all official documents handed to Buyer’s authorized Representative, such as:

• Certificate of origin.
• Certificate of ownership.
• Certificate of non-criminal origin and, that the gold is free of all encumbrances.
• All export documents notarized.
• Customs declaration that all taxes and other duties have been paid for.
• Customs declaration and description of boxes quantity weight list describing each shipment transaction.
• Export company declaration that all charges, Taxes and any other duties have been paid full.
• Certificate of assay report issue by international recognized laboratory e.g. geological department.

ENCLOSED SUPPORTING DOCUMENTATION

1. Company Registration (C & E Company Ltd)
2. Assay Report / Safekeeping Receipt
3. Proof of Ownership: Certificate of Ownership and Country of Origin documents
4. Mining Permit (C & E Company Ltd)
5. Export License (C & E Company Ltd)
6. Seller’s Designated Representative/Signatory: Passport or National ID card

Signed on behalf of the seller:

X ____________________________                                                                         ______

Name: xxxxxxxxxxxxxxxxxxxxxxxx

Title: Marketing Manager

Please contact: charles keel@yahoo.com for further information

or reply to this advertisement here in comment

FULL CO-OPERATE OFFER

COMMODITY : Alluvial Gold Dust
ORIGIN ; Ghana
QUANTITY : 1000 KG
QUALITY : 22 + carats
PURITY : 92. 8%
PRICE : $ 31, 000 US D per kg
TERMS OF PAYMENT;FOB
PAYMENT ;By cash or swift wire
PACKAGE ;In export boxes
SHIPMENT ;By Air
DELIVERY ;Ghana
VALIDITY ;21working days

OTHER TERMS AND CONDITIONS

(1)The Payment of the goods will be made after the final assay report at either ASAP VASA OR P M M C.

However , after buyer is satisfied with assay report and test, he is been required to make payment either cash or through our given account . as we do not receive payment through asap vasa account or p m m c account.

Buyer can do shipping of his goods through his own means of doing so..

(2)A contract can then be signed for a long term transactions.

IF YOU ARE INTERESTED PLEASE CONTACT INFO@AFRICABUSINESS.COM (SELLER #32)

IF YOU WILL SIGN THIS SPA BELOW PLEASE CONTACT US INFO@AFRICABUSINESS.COM WITH DETAILS SELLER #25

SALE AND PURCHASE AGREEMENT

This Sale and Purchase Agreement for alluvial gold dust is made and entered into force on this 04th day of August, 2010, by and between:

Name:
Address:

Telephone No:
Telefax No:
E-mail:
Represented by:
Passport No:
Nationality:

Hereinafter referred to the “Seller”

And

Name
Address
Telephone No:
Telefax No:
E-mail:
Represented by:
Passport No:
Nationality:

Hereinafter referred as the “Buyer”

Both parties, companies, and their authorized representatives whose signatures appear herein, were all duly given full corporate authority by their respective company to enter into the present sale and purchase agreement (hereinafter “SPA”), and have duly complied with all the legal formalities and requirements of laws of their respective countries for this type of SPA, and further agree to be bound by the International Chamber of Commerce (ICC), Paris, and other internationally applicable commercial laws on matters related to contract dispute and resolution.

WHEREAS; above named parties through their respective signatories hereby desire to enter into and to execute the present SPA for Sale and Purchase of Gold Dust (hereinafter “COMMODITY”) based on specific description, terms and conditions as set forth below.

WHEREAS; Seller, under full authority and responsibility, declares that he is the owner and has the clear and qualified right to sell the COMMODITY at his free disposal in the form of dust or nuggets which it has legally acquired with funds not connected with illicit trading or other illicit activities and that he guarantees that he has the means to legally export the Gold Dust from West Africa including Burkina Faso/Benin/Ivory Coast

WHEREAS; Buyer wishes to purchase Seller’s gold under the following terms and conditions.

NOW THEREFORE: in mutual consideration of the covenants of the parties and the terms and conditions herein contained, the parties agree as follows:

1. COMMODITY SPECIFICATIONS & QUANTITY

A) COMMODITY: Alluvial Gold/Aurum Utalium (AU)
B) FORM: Alluvial Gold Dust
C) PURITY: 92.5%+ (Ninety Two Point five Percent Plus)
D) FINENESS: 22+ Carats plus.
E) ASSAY: Final assay to be made at the Buyer’s designated refinery, in ___ “TOBE ADVISED with SIGNING THE AGREEMENT” ___. And the result of value will be accepted by both Buyer and Seller.
F) ORIGIN: Côte d’Ivoire.
G) PACKING: Export Package Boxes or any other suitable packaging commonly used in the trade.
H) QUANTITY: The contractual quantity for sale to the Buyer Under the terms of this Contract shall be a purchase of Gold Dust at amount of 1000kg on a Monthly basis for Three (3) Years.
I) QUANTITY OF DELIVERY: A Yearly Total of 18.000kg.
J) PRICE: Dollars 24,000 per kilogram x 1000kgs Fixed for 36 months.
J) DELIVERY DESTINATION: ……………………….
K) CONTRACT DURATION: 1000 KGS x 1 Month x 3 years with Rolls or Extentions
L) SUBSEQUENT DELIVERIES: as per agreement between Seller and Buyer
M) PRICE OF SUBSEQUENT DELIVERIES: as per agreement between Seller and Buyer

2. DELIVERY TERMS

2.1 The delivery for this Agreement shall be on a CIF basis (by air-cargo) to the country of Buyer’s designated refinery (to refinery of Buyer’s choice).

2.2 Seller will pay all taxes, duties, levies and other costs, required in the country of origin including shipping costs, customs clearance and government taxes, insurance and handling fees to be paid by Seller before first shipment.

2.3 Buyer or Buyer’s Designated Entity will pay all taxes and fees including transportation of the gold from the airport/customs to the Buyer’s refinery as required in the country of import.

2.4 Buyer or Buyer’s Designated Entity will pay all required charges at the refinery. The Gold Dust will be deposited into the account of the Seller at the refinery and, once the Gold Dust has been refined to attest the purity, the Seller will transfer respective ownership at the agreed contractual price for the total quantity of Gold Dust shipped to the refinery. The Seller will be notified by the Buyer or Buyer’s Designated Entity via e-mail of the date on which the Gold Dust has been refined.
2.5 Point of Delivery shall be at Buyer’s choice, as instructed from time to time.

3. SHIPMENT

3.1 The herein specified commodity is packed in boxes (smelter/assayer’s standard) each containing 10 kilograms (or more if accepted by Buyer or Buyer’s Designated Entity) of Gold Dust described in this SPA. The box is packed on pallet of normal Euro size, at Ten (10) boxes per pallet.

3.2. Buyer has the option to send One (1) representative to inspect the herein mentioned transaction carried-out under this SPA.

3.3 Seller will provide the Buyer with copies of the following by facsimile transmission Twenty-four (24) hours prior to each shipment:

- Shipment Reference
- Number of Boxes
- Gross Weight
- Net Weight
- Estimated Fine Gold Content
- Estimated Fine Silver Content
- Detailed Packing List
- Airway Bill Number
- Flight Number
- Date and Estimated Date of Arrival
- Assay Report Certificate

3.4 The Seller will stick the following label on the box containing the Gold dust and duly sealed, before the arrival in the locations of the customs of ___ “TO BE ADVISED AFTER SIGNING THE AGREEMENT ___”. Information on the box will be glued on the boxes in a very visible way as follows:
3.5

3.5 The Air Waybill has to contain the following handling information:
“For import into …………………….
Please notify
Tel. No. + .:
“TO BE ADVISED AFTER SIGNING THE AGREEMENT”

4. DELIVERY DOCUMENTS

Each shipment and delivery shall be identified with all appropriate contract reference codes and numbers and a label has to be put on the boxes of the Gold Dust. The Seller will provide the following documents to the Buyer prior to the transport of the COMMODITY.

1. Three originals of Commercial Invoices in favor of the Buyer
2. Certificate of Origin
3. Certificate of Ownership
4. Original Assay Report
5. Declaration that the product is free and clear and of non-criminal origin, unencumbered and free of any liens, transferable and exportable. (Certificate of Movement).
6. Packing List.
7. Export Permit.
8. Full set Original Airway bill, market “Air Freight Pre-Paid” and showing the Gross and Net weight.

5. PAYMENT TERMS

5.1 Payment for the COMMODITY shall be made by SWIFT to the Seller’s Designated Bank, within Seven (7) banking days after receipt of Payment Documents by Buyer’s Bank.

5.2 Payment will be secured by a SBLC/MT760 issued by the Buyer’s Bank to the Seller’s Designated Bank Account and we post 2% PB to activate it before shipment of the stock to buyer’s refinery.

5.3. Payment Documents will be as follows:
1. Commercial Invoice. Issued by Seller in conformity with the Final Assay Report (2 Originals)
2. Airway Bill
3. Final Assay Report

6. BANKING COORDINATES

Bank Name:
Bank Address:
Account Holder Name:
Account Number:
Bank Officer:
SWIFT Code:
IBAN:
Bank Telephone No
Bank Fax No:
E-mail

Banking Details for the Buyer

Bank Name:
Bank Address:
Account Holder Name:
Account Number:
Bank Officer:
SWIFT Code:
IBAN:
Bank Telephone No
Bank Fax No:
E-mail

7. PROCEDURES

7.1 Buyer and Seller execute the Sales Contract via internet and hard copy during delivery.

7.2 Seller will notify the Buyer about the verbiage of the Letter of Credit which will be irrevocable and non-transferable.

7.3 Upon signing the contract, Seller will provide the following documents to the Buyer:

I. Current dated verifiable and acceptable Depositary or Safekeeping Receipt.
ii. Current dated verifiable and acceptable Certificate of Origin.
v. A current Passport Copy of the Authorized Person/Signatory of the Seller.

NOTE: All of the aforesaid documents are to be issued in English and will be presented to the Buyer’s Bank.

7.4 Buyer’s Bank may contact Seller’s Bank to acquire further confirmation prior to sending the Letter of Credit. Buyer will advise Seller before such call takes place.

7.5 Buyer’s Bank issues the finance instrument to the Seller’s Bank via SWIFT.

7.6 Within Two (2) weeks of receipt of the finance instrument, delivery and shipment commences as per this SPA.

7.7 The COMMODITY will be delivered to buyer’s designated destination, CIF (by the Seller).

7.8 The COMMODITY will still be under the name of Seller but consigned to the Buyer or Buyer’s Designated Entity.

7.9 The Buyer or Buyer’s Designated Entity will supervise the clearing of the Goods at Customs and the delivery to the refinery.

7.10 The payment will be made after receipt of Payment Documents as per this SPA and the Letter of Credit. The Buyer or Buyer’s Designated Entity automatically acquires title of the confirmed commodity.

8. TITLE OF GOODS

The Title of the COMMODITY shall pass from the Seller to the Buyer or Buyer’s Designated Entity once the Payment is made in accordance with this SPA.

Seller confirms and warrants that the Title of the Gold to be sold herein will be free and clear of any and all liens and/or encumbrances and of legal origin.

8. TAXES AND INSTITUTIONAL COSTS

The parties hereto individually and separately accept that all liabilities for taxes, levies, duties, charges and any institutional costs applicable in the execution their respective rules and regulations will be covered by respective parties. In the event it occurs, the parties hereto shall only be responsible for those commissions and fees that they in writing have agreed to pay. Each party shall indemnify and hold the other party harmless against any third party claims or other forms of payment demands of above-mentioned nature.

9. NON-CIRCUMVENTION AND NON-DISCLOSURE

The parties hereto agree to respect each other’s proprietary interests and not to reveal details and/or information to parties and/or individuals other than those who are the officers involved in handling this transaction. Except without the written consent of the other party, no communication is to be made by one party to other party’s bank, its handling officer(s) and/or manager(s).

In the event that this transaction will not materialize, concluded or will just reach the stage where the Seller was able to know the particulars and material information or coordinates of the Buyer, the latter is prohibited to use and utilize those information or coordinates for purposes of contacting directly the Buyer herein to continue the failed transaction or similar arrangements involving the same commodity or dealings.

Such prohibition will be in force and effect for a period of Five (5) years from the date of execution hereof.

10. FORCE MAJEURE

The parties hereto shall not be liable for any failure to perform in the event of force majeure clauses as stated in the Standards/Publications of the International Chamber of Commerce (ICC), Paris.

11. ARBITRATION

In the event of dispute involving to or related to any portion of this SPA and the same cannot be resolved in an amicable way, each party of this SPA shall have the right to take the proper legal recourse and shall be bound by the arbitration procedures of the International Chamber of Commerce in accordance with its rules for a pre-arbitral referee procedure.

All disputes and settlement arising out of or in connection with the present SPA shall be governed, settled by one or more arbitrators that will be appointed or designated in accordance with the above-mentioned rules of arbitration.

12. APPLICABLE LAW

In any action or proceedings to enforce the arbitral award of the arbitration has failed, the Law of the United Kingdom shall apply and venue of action shall be in London, UK.

13. SPECIAL PROVISIONS

13.1 Nothing contained in this SPA shall be construed or have an effect as constituting any partnership between the parties of this SPA.

13.2 The Buyer agrees that the seller can send one representative to accompany the Gold Dust at all times (except closing time of the refinery), until the ownership of the Gold Dust is transferred to the Buyer or Buyer’s Designated Entity.
13.3 The Seller will instruct his representative to authorize the opening of the crates, at the Refinery upon arrival by insured Armored Transport in the presence of a Buyer’s representative, for verification purposes. If the Seller doesn’t send a representative to accompany the Gold Dust, the Seller agree to provide the Buyer with a letter of authorization–upon the Buyer’s request-to open the crates in the presence of a Refinery Executive for verification purposes.

This SPA contains the full SPA and entire understanding of the parties herein with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings of parties with respect to the same subject of this SPA. No changes, alterations or substitutions shall be permitted unless the same shall be notified in writing and signed by both parties.

13.3 This SPA shall be accepted to be legal and binding by both parties if executed and sent by fax and/or E-Mail direct to the parties concerned at the numbers contained within this SPA.

13.4 This SPA is fulfilled electronically, signed digitally and is serving as original whereupon it remains binding upon the parties hereto, their assigns and successors and is signed with full authority to act.

14. EXECUTION OF THIS AGREEMENT

The terms of this SPA shall be confirmed and signed by the Buyer and the Seller via facsimile or Email. Said executed facsimile or email shall be binding and initiates and concludes the legal liabilities between Buyer and Seller of this SPA.

By signing below, both parties abide by their corporate and legal responsibility, and execute this SPA under full penalty of Perjury.

Signed and sealed, this day 04th, AUGUST 2010.

SIGNATURE PAGE
SELLER:

Place : Cote d’Ivoire
For Seller :
Name :
Passport No.:
Nationality : IVORIENNE

BUYER:

CEO
Passport No:
Country of Issue:

Seller’s Passport Copy Buyer’s Passport Copy

FORMAT OF IRREVOCABLE SBLC TO BE ISSUED
BY A BANK IN FAVOUR OF ………………………….

Date: _____________
from: [Name of the Bank]
Address:
Account No:
Account Holder:
SWIFT:
Bank Officer:
Tel/Fax:
Email:

To ……………………… Bank Limited
Address:
Account No:
Account Holder:
SWIFT:
Bank Officer:
Tel/Fax:
Email:

Dear Sirs:

Re: Irrevocable Stand-By Letter of Credit no.__________________
We, _________________, a bank incorporated under the ________ and having its Head Office at _______________ and a branch office at ____________, hereby establish this irrecoverable Stand-By Letter of Credit (“SBLC”) no. _________in your favour and your client ……………………………, at the request of _________________, a __________ incorporated under the __________ and having its Registered Office at _____________ (the “Borrower”, which expression shall, unless it be repugnant to the subject or context thereof, mean and include its successors and assigns for ______ million (the “Facility”) provided / agreed to be provided by us to the Borrower under the Facility Agreement dated ______________ (the “Facility Agreement”).

We hereby agree, to undertake and confirm, forthwith, on your first demand, credit the full amount(s) (the “drawing amount”) demanded to us to your account no. __________ with _________

_____ Bank, _________ branch. Such payment will be made by us to you, without any contestation or protest or delay on our part and without any set off, deductions or withholding charges of any kind now or hereafter imposed, levied, collected, withheld or addressed by the Government of Singapore and/or any other authority whatsoever. Such demand shall be made by you in writing or authenticated telex/swift addressed to us mentioning thereon the SBLC number and the drawing amount. We agree that such swift message will be an operative instrument and no written confirmation will follow. All charges are for the account of the Borrower.

Partial claims can be made under the SBLC and there can be multiple such claims. Any claim made under this SBLC must clearly state the nature and documented payment default of the line of credit by the beneficiary, …………………………………………………… This Bank Draft is subject to the Uniform Customs and Practices of Documentary Credits (1993 REVISION) International Chambers Of Commerce (Publications 500).

This instrument (SBLC) is an operative, fully confirmed, fully cash-backed, non-transferable, assignable, divisible and callable and may be verified bank to bank basis.

The SBLC is valid up to ______________ and our maximum liability under the Bank Draft shall not exceed ______________.

This SBLC shall be governed by ………………………… law and shall be subject to jurisdiction of courts or tribunals in ………………………………….

Please address all your communication in relation to this SBLC to ___________________.

Yours faithfully,
For _____________

SIGNATURE: SIGNATURE:

……………………………….. ………………………………..
NAME OF BANK OFFICER 1 NAME OF BANK OFFICER 2
TITLE: TITLE:
BANK SEAL:
Tel: TEL:
Fax: FAX:
Mobile: MOBILE:

FBI WARNING!!!

This is a very important message to anyone involved in the commodities industry on the new measures with respect to Buyers and Sellers conducting business transactions.

From now on, if an ICPO, LOI, RWA, or BCL is issued and the document is not real, the Buyer/Seller will be able to inform the FBI, ICC, and INTERPOL. In addition, after an FCO is sent to the Buyer, there should be a formal answer to Seller from Buyer.

If there’s no response from the Buyer in a timely manner, the buying company will be reported to the FBI, ICC, and INTERPOL. If this action is repeated by buyer or seller, they will also be reported for abuse of the NCND, LOI, ICPO, AND RWA OR BCL, FOR THIS IS A INTERNATIONAL FEDERAL OFFENSE.

It is important to transmit this to all clients that work with providers that are members of the ICC, FBI, and other international organizations.

From this point forward, the international codes will be strictly enforced to exclude all intruders that send out false information. Those who submit a false NCND/IMFPA, LOI, ICPO, RWA or BCL, or FCO, as well as FALSE PROOF OF PRODUCT (POP), WILL BE CHARGE WITH A CRIME.

This went into effect on November 15, 2008 after a meeting was held between the Federal Reserve, European Central Bank, Interpol, Federal Bureau of Investigation and Central Intelligence Agency.

The reason for this measurement is to protect the commodities industry which is a fundamental part of the world’s economy.

I have read and understood the severity of the warning above and do realize the serious impact that pertains to all oil and other commodities transactions.

IF YOU WILL SIGN THIS SPA PLEASE CONTACT US INFO@AFRICABUSINESS.COM WITH DETAILS SELLER #25

FULL CORPORATE OFFER

We are ready and able to supply you with Alluvial gold of very fine purity, we require end Buyer’s or representative’s presence for a preliminary assay at the government gold office(DGDM) fully controlled by the local government of Mali with United Nations officials before any shipment could be effectuated. Below are the characteristics and sales procedures of the gold
COMMODITY SPECIFICATIONS:
a) COMMODITY: Aurum Utallum (AU)
b) FORM: Gold Dust.
c) PURITY: 92.05% like minimum value and 93.05% like maximum value.
d) FINENESS: 22+ carats plus
f) ORIGIN: Mali West Africa.
QUANTITY: 175kg
PRICE: 17.500.00$ per kilo
g) PACKING: Export Package Boxes or any other suitable packaging commonly used in the trade.

QUANTITY: The contractual quantity for sale to the Buyer Under the terms of this Agreement shall be a purchase of gold dust of 25kg with rolls & extensions up to 50kg

The seller is responsible for all the costs of export (taxes) insurance of the merchandise from its origin, to nominated Refinery, destination. The Seller pays all Government Taxes which are 6.5% of the total cost before gold exportation from country of origin. Only if the buyer is not or can’t pay visit to the sellers country.

DELIVERY TERMS BASE ON CIF:

A) The delivery terms on this FCO shall be on CIF basis on the condition below.

B) The Buyers send his scanned passport Copy for the Bond process /Full Contacts details/company Name and refinery contact.

C) The buyer makes the change of Ownership of the Gold from the sellers country of origin, which the seller apply from the department of Bond to enable the seller issue the certificate of SkR on the buyers Name which also the seller gets the change of Ownership documents that will be sign by the lawyer here in sellers home country and also sign by the Bond department from the Customs.

D) Here in sellers home country the cost of making Change of Ownership and Booking Fee which the Total is $6,725 USD which the buyer bear the responsibility of paying for the Fee to enable him have his or her legal documents from the customs also that will be as a guarantee to the seller on this CIF Base before shipment.

E) All the expenses of refined, rates of export and import, transport, insurances, smelting etc, are excluded in the price indicated in the corresponding section. The buyer will be responsible for all these cost.

A company specialized in the international transport selected by the Buyer/Seller to take charge of all the related points with the logistics in the transport from country of Export to country of Import.

d) The Seller will be willing, able and ready to accompany merchandise to the end Buyers’ designated country of choice. The buyer will be responsible for Seller’s accommodation.

The full payment shall be made less than seven (7) working days, in buyer’s home country in the confirmation of the gold in buyer’s home country till the final assay report in the buyer’s refinery.

PAYMENT TERMS:

a) The payment will be by means of Bank-Bank transfer of 48-72 hours after the emission of the final assay report of the Gold in buyer’s destination to the sellers company account.
DOCUMENTS:Each consignment will be accompanied by the following documents:
a.) Certificate of Ownership.

b.) Certificate of Origin.

c.) Assay Report

d.) Customs Clearance.

e.) Airway Bill and Free Trade Certificate from seller’s Home Land / Export

Document.
All necessary documents for the export-import of gold.
If this should be agreed between the Seller and Buyer the said FCO will be sign by the buyer and send a copy back to the seller to move on with the transaction.

If you are interested in this offer please contact the seller via info@africabusiness.com (Seller 24).