GOLD BULLION BARS (AU) / HALLMARKED | 1KG & 12.5 KG BARS SCO | FOB - BANK SPOT TRANSACTION - IN SELLER’S BANK

GOLD BULLION BARS (AU) / HALLMARKED | 1KG & 12.5 KG BARS SCO | FOB - BANK SPOT TRANSACTION - IN SELLER’S BANK


1. COMMODITY Gold (Au) Gold Bullion Bars: Hallmarked / Johnson Matthey

(NOT REGISTERED IN THE GLD BANKING SYSTEM)
 a. Weight: 1KG & 12.5KG BARS b. Purity: 999.5/1000 (MIN)

2. ORIGIN OF THE GOLD West Africa

3. CURRENT LOCATION OF THE GOLD Stock held in a Prime Custodian Banks in: TURKEY/HONG KONG

4. DELIVERY NO DELIVERY / FOB TRANSACTION AT THE PREFERRED CUSTODIAN BANK (AS ABOVE) WHERE THE GOLD BULLION BARS ARE CURRENTLY HELD IN SAFE-KEEPING.

5. HALLMARK INTERNATIONALLY RECOGNIZED HALLMARK | AGE: LESS THAN 5 YEARS OLD (STOCK OF JOHNSON MATTHEY) PRICE / DISCOUNT LBMA 2ND FIXING OF THE DAY LESS 10/7 FOR PURITY 999.5/1000 (MIN)

Buyer pays across to Seller LBMA Less 7%
NET Discount (Including all commissions) and the Seller will pay out to all parties as per the IMFPA.

6. COMMISSION Total Commission of 3% - paid by The Seller 1.5% to Seller Side (Closed) 1.5% to the Buyer Side Intermediaries (Open)

7. CURRENCY The legal currency of the United States of America (USD) ($) or Euros (€)

8. PAYMENT GUARANTEE: Issued by Swift, Clean and Clear Funds of Non-Criminal Origin from a Prime Bank PLEASE INDICATE WHICH OPTION BELOW IS PREFERRED OPTION 1: MT799 BLOCKED FUNDS – ISSUED FOR ENTIRE CONTRACT DURATION OF 366 DAYS (NO LESS), IN EQUAL VALUE OF ONE DELIVERY (MIN 500KG PER DELIVERY) OR OPTION 2: OPERATIVE BG/SBLC MT760 – ISSUED FOR ENTIRE CONTRACT DURATION OF 366 DAYS (NO LESS), IN EQUAL VALUE OF ONE DELIVERY (MIN 500KG PER DELIVERY) *NON-OPERATIVE BG/SBLC MT760 WITH 2% PERFORMANCE BOND (PB) FROM SELLER POSSIBLE FOR 1,000KG PER DELIVERY OR MORE* OR OPTION 3 : BUYER'S BANK ISSUES A VERIFIABLE PRIME BANK, BANK DRAFT (COVERING THE QUANTITY OF AU BEING PURCHASED), A HARD COPY OF THE BANK DRAFT KEPT WITH ISSUER BANK, BUT PHOTOCOPY OF THE BANK DRAFT WITH A COVERING LETTER SIGNED BY TWO BANK OFFICERS TO BE SENT TO SELLER'S RECEIVER BANK. * SELLER'S RECEIVING BANK RECEIVES COVERING LETTER AND PHOTO COPY OF DRAFT AND VERIFIES SAME VIA BANK TO BANK SWIFT MT110. * IF THE BUYER’S BANK DRAFT IS ACCEPTED, THE AU METAL TRANSFER OF OWNERSHIP IS AFFECTED IN SELLER’S CUSTODIAN BANK AGAINST THE BUYER’S ORIGINAL BANK DRAFT AS PAYMENT.

 9. CONTRACT TERM: SPOT FURTHER TRANCHES AS AGREED BETWEEN BUYER & SELLER

10. CHARGES All administrative charges to include transfer of new Title of ownership to Buyer, separate vault keeping and physical invitation inspection shall be borne by the Buyer, as may be charged by the Custodian Bank.

11. INSPECTION Viewing/Physical Inspection at the Bank Depository (upon Invitation). Only after receipt and confirmation of the buyers Bank Draft.

12. QUANTITY PLEASE INDICATE REQUIRED QUANTITY. (Min 6MT)

13. PROOF OF PRODUCT (POP) - CERTIFICATE OF METAL DEPOSIT - SKR CERTIFICATE ISSUED BY THE CUSTODIAN BANK WITH FULL BANKING RESPONSIBILITY

14. Please note: For all Banking Purposes the Seller always uses A Nominated Fiduciary Agent with whom he has a long term NDA Agreement. The details will be provided in the Sales & Purchase Agreement. After the Buyer’s bank has sent via swift the BANK DRAFT to the Seller’s Fiduciary bank as payment, the Seller’s Custodian Bank on receipt, acceptance and confirmation of the Bank Draft will transfer the Title of AU and ownership to the Buyer against the Buyer’s original Bank Draft as payment.

15. SPECIAL CONDITIONS: The Buyer is not allowed at any time to contact the Fiduciary bank regarding any matter. The Buyer must get written permission from The Seller to contact the Fiduciary bank. Any direct contact will cancel and nullify the contract with immediate effect. The Fiduciary bank will only confirm the SKR CERTIFICATE lodged with them.

16. PAST PERFORMANCE Kindly note that NO PAST PERFORMANCE supporting documentation will be provided at any point by The Seller or The Seller’s Fiduciary Agent or the Seller’s Mandate. It is company policy not to disclose private and confidential documentation between Buyer and Seller to any third Parties. Please do not request this at any point as it will not be provided, not even sanitized.

17. CONFORMITY WITH INTERNATIONAL REGULATIONS The Buyer and The Seller each declare to one another that the commodity offered herein for sale and the origin of the funds used for purchasing the commodity do not contravene any of the following LAWS or that it is derived from any other illegal or criminal activity: A. The Drug Trafficking Act of 1986 B. The Criminal Act of 1988 C. The Prevention of Terrorism (Temporary Provisions) Act of 1989 D. The Criminal Justice (International Cooperation) Act of 1990 E. The Criminal Justice Act of 1993 F. The Anti-Terrorism Act and the Patriot Act I and II SOFT CORPORATE OFFER (SCO) | GOLD BULLION BARS | Page 2K of 5K

18. CONFORMITY WITH HUMANITARIAN OBLIGATIONS AND DUTIES Both Parties warrant with full legal and corporate responsibility that they agree to sign the Sales and Purchase Agreement. This is a contractual Agreement, hereinafter to be referred and Funds obtained by all Parties and beneficiaries will be used: A. Not for achievement of political purposes B. Not in financial speculations C. Not in transactions which are damaging to the economy of the USA, or of the European Community and or of any other States/Nations D. Not in transactions to buy weapons to arm illicit forces or to Finance Wars E. Not in any illegal and criminal violation and activities

19. TRANSACTION PROCEDURES The Buyer confirms solemnly to the Seller as follows: o YOU (THE BUYER) CONFIRM THAT YOU PREFER TO LEAVE THE GOLD BULLION BARS IN THE CUSTODIAN BANK, WHERE IT IS CURRENTLY HELD IN SAFE-KEEPING. o NO DELIVERY/IES WILL BE MADE BY SELLER. A. After The Buyer has returned the completed, signed and sealed SCO, along with the completed NCNDA/IMFPA, this will indicate The Buyer’s acceptance of The Seller’s procedures. The Seller will then issue the draft Sales and Purchase Agreement (SPA) for approval and amendments (if any) ALL AMENDMENTS MUST BE INITIALLED. B. After mutual agreement, The Buyer (first) and The Seller (second) will sign and seal the Sales and Purchase Agreement with their full banking coordinates. C. The Seller and The Buyer will lodge the completed set of documents at their respective banks. D. The Buyer will then instruct his bank to send a BANK DRAFT to the Seller’s Fiduciary bank. E. Once the BANK DRAFT is received via swift and confirmed at the Seller’s Fiduciary bank, the Custodian Bank of the Gold will require you’re the Buyer’s details for change of ownership (Title). Please note that administrative costs are to be borne by you, (the Buyer) and processed transfer of ownership will be sent to you, reconfirmed by the bank. F. You (the Buyer) along with an assayer of your choice will then be invited to the bank for a physical viewing/ inspection of the Gold Bullion Bars at the bank depository. (You can also nominate your Bullion Officer to attend on your behalf if preferred). G. With this option, you (the Buyer) will have to bear the administrative charges for transfer of ownership (Title). The bank will process and open a new safe-keeping Bile for you as the new owner at the bank. H. Once you (the Buyer) have settled the cost of the first tranche of xxxxkg Gold Bullion Bars with the Seller / Title Holder of the gold, the Title of ownership of equal quantity (xxxxkg Gold Bullion Bars) will be transferred to your safe-keeping Bile at the bank to you as the new owner. I. All the relevant documentation and paperwork will be provided to you (the Buyer) electronically (per tranche); you will also receive an Assay Report for your records. J. You (the Buyer) can transact on tranches as agreed between Buyer and Seller following the same process: full payment for xxxxkg Gold Bullion Bars (via Bank Draft), against transfer of Title of ownership of xxxxkg Gold Bullion Bars to you per tranche or until total quantity is reached. SOFT CORPORATE OFFER (SCO) | GOLD BULLION BARS | Page 3K of 5K K. As Buyer, you will naturally be granted the required authorization to verify the SKR and all other documents direct with the Custodian Bank of the Gold in your capacity as the Buyer. L. The commissions due will be paid by the Seller immediately and without delay to each appointed Paymaster or Beneficiary after each tranche and as per the Terms and Conditions of the NCNDA/IMFPA to be included in the Sales and Purchase Agreement. General: The Seller and Seller’s Mandate and The Buyer and Buyer’s Mandate hereby agree that the information connected to this transaction must not and shall not be released to any person or legal body, EXCEPT THOSE ENTITTLED TO KNOW ABOUT IT.


20. DOCUMENTS ALL TRANCHES OF AU METAL SHALL BE ACCOMPANIED BY THE FOLLOWING DOCUMENTS:


1. A verifiable Safe Keeping Receipt (SKR) issued by the Custodian Bank of the gold with Full Banking Responsibility.
2. Certificate of Origin
3. Certificate of Legal Ownership
4. Commercial Invoice; Four (4) copies will be provided
5. The Seller’s Certificate stating that the AU is free and clear of all Liens, encumbrances, and that the AU is Freely tradable, exportable, and of noncriminal origin.
 6. Certified Weight List with the following description: a. Receipt of custom duties and taxes b. Receipt of storage
7. Insurance Certificate
8. Title Holder’s Passport Copy


21. TITLE The Title of the GOLD BULLION BARS shall pass from The Seller to The Buyer immediately upon the full settlement (receipt of payment in full to The Seller by the way of T/T OR MT103).