THE CONTRACT

The Seller agrees and warrants, with full corporate and legal responsibility under penalty of perjury, that he has the clear and qualified right to sell the commodity Aurum Uranium (A.U.)
Gold metal in un-refined form of gold nuggets and bar
The Buyer agrees and warrants, with full corporate and legal responsibility under penalty of perjury, that he has the financial capability to buy the commodity against final assay at the designated refinery for quantity and quality at an agreed price stated hereunder as per the terms and conditions of this Contract. The Buyer has the right to change the Refinery by giving one week’s notice to the Seller.


COMMODITY SPECIFICATIONS

COMMODITY: Aurum Uranium (Au)

FORM: Gold Bars

QUANTITY : 200KG

PURITY : 98.8%

KARATS : 23+

ASSAY: Final Assay to be made at the Buyer’s designated

Refinery and this value shall be accepted by both Buyer and Seller.

ORIGIN: DR /TANZANIA

PRICE: $30,000 per Kilogram (Negotiable)

DESTINATION: BASED ON BUYER DECISION

DELIVERY TERMS: C.I.F

a) The delivery terms for this Agreement for Sale and Purchase of Gold shall be on a C.I.F basis to the Buyer’s destination as funded by the seller.

b) The seller will clear the shipment of Gold through Customs at the port of entry in the Buyer’s final destination.

c) The Buyer and Seller will be physically present at Customs of the port of import in Buyer’s destination if the need arises to ensure all procedures have been followed and actual delivery was completed to the refinery.

PAYMENT TERMS:

Final payment for the Gold shall be made by Wire Transfer to the seller through the sellers designated Bank after assay report.


The buyer shall come on ground view and inspect the GOLD physically, and buyer will pay 10%for the royalty taxes for the government of Tanzania and the seller will give collateral to cover the 10% taxes paid by the buyer

The buyer after inspection of the product shall organize and fly on ground to view the GOLD physically and proceed with the export process.

Final Payment by the Buyer for purchase of Gold shall be made to the seller through the seller’s designated bank after receipt of Final Assay report from the buyer refinery and this value will be accepted by both the buyer and seller. All commissions will be paid direct to the facilitators accounts.


DOCUMENTS:
Seller will provide the following documents to the Buyer a day prior to departure of the Gold to
Buyer’s refinery or address:

2 originals of Commercial Invoices in favor of the Buyer
Certificate of Origin
Government Assay Report
Export Permit
Copy of the Airway Bill
Customs Declaration /Government Royalty been fully paid