Gold available for sale
$40 USD/ KG
CIF only
Please address LOI to
STE GUINEENNE DE NEGOCE SARLU
KIPE COMMUNE DE RATOMA CONAKRY BP.4317
GUINEA CONAKRY
Mr. Fama KANTE

Working Procedures

4.1. Both parties Seller and Buyer agree to the terms of the SPA and sign the SPA with full banking
details. The electronic signed SPA is considered legally binding and enforceable.

4.2. Within Ten (10) working days after signing of this Agreement, Seller invites Buyer or his Agent to visit Guinea to confirm existence of Gold.

4.3. Upon verification and confirmation of gold in Guinea, Buyer shall issue a collateral bank
instruments of the SWIFT MT700 DLC or MT 760 as payment guarantee for total value of the each
tranche of Gold Bars to Seller’s Bank for a period of 90 days as a trial, and then issue the new
Revolving SWIFT MT700 DLC or MT 760 for twelve (12) months.

4.4. Within five (7) working days upon receipt of SWIFT MT700 DLC or MT 760, Seller shall ship the Gold
Bars consignment to buyer's international airport.
▪ Seller notifies Buyer of the flight details; dates of expected departure and arrival time to
make a smelting schedule to the Refinery.
▪ Buyer will be responsible for the clearance of importing to buyer destination airport and deliver the
Gold Bars consignments to mutual agreed refinery.
▪ Gold Bars are lodged at the refinery under Seller's name and account and
assayed/smelted within two (2) days of receipt at refinery.
process at the Refinery. Buyer is responsible for all
charges from buyers international airport to the gold refinery.

4.5. Assay report shall be issued by refinery once the completion of refining
which will be the final and binding for both Weight and Purity of the Gold to be sold to the
Buyer.
▪ Contract selling/buying amount will be calculated using Assay report as basis for mutual
agreed price calculation formula at this contract.
▪ Results of the Assay report are provided to Seller and Buyer within 12 hours after the assay
is completed. Assay report is immediately accepted and approved.

4.6 Upon receipt of the Assay Report by refinery, Buyer makes the full
payment in two (2) banking days of smelting for the consignments via SWIFT MT103 Wire
Transfer directly to the Seller’s bank account at the present all documents and Seller transfers
ownership to Buyer upon verification of the transfer of the funds. At the same time Buyer pays
commissions to the Buyer side & Seller side commissions to the all intermediaries.
WhatsApp/ call
Mr Uwa
+234-80-3634-2063
+971-504925893