AUREUS MINING Inc
Batouri region avenue rue east Cameroon
Tel. +23791445953/+23750341432
Fax: +237 33464423
BUYER: 019/INT/2014 Date: NOV 04th, 2014
FULL CORPORATE OFFER
Date: NOV 04th, 2014 (Note: the validity of this offer is 20 days from dated herein and will be terminated sooner if non-compliance from the buyer)
I Mr Prince Duke Hassan Passport No: 01339494 is the CEO of the abovementioned hereby confirms with full legal and corporate responsibility under penalty of perjury, that my company is ready, willing and able to enter into a contract to sell AU GOLD BARS __________under the following terms and conditions:
1. COMMODITY DESCRIPTION
The commodity/particulars that the Seller has offered and will supply to the Buyer are as follows:
COMMODITY : AU ( GOLD )DORES BARS
FINENESS : 24 Carats
PURITY : 99.98%
QUANTITY :50 kgs as trial shipment
PRICE : USD $30,000 per Kg CIF,
2. TRANSPORTATION DOCUMENTS
This delivery shall be accompanied by:
1. Certificate of Origin
2.Certificate Of Ownership
3.4 copies of Commercial Invoice
4.Preliminary Assay Certificate
5. Certificate of Non Criminal Origin
6.Certificate of Photosynatry
7.Shippers Instruction for airway bill
CIF Procedures
-
Seller issues FCO with CEO passport copy
-
Buyer Signs and return back to seller with buyer’s passport copy.
-
Seller send a Contract/SPA for Buyers Approval
4) Buyer signs and return back to Seller
5a) Seller go over signed contract and prepares his trip for the Deposition at the ministry of mines at the department of mines and geology
5b) Seller will immediately book a date for the deposition of the consignment at the ministry of mines. Once he gets a precise date seller shall inform buyer’s end
6.) Seller deposits the goods to the department of Gold and other Precious Metals as well as the hard copies of the contract. When it is accepted by the authorities concerned, seller would immediately update Buyer by telephone or email.
N/B:Note that the department of mines and geology will be carrying out a due diligence with the buyer’s end about the signed contract .Once the interview is been carried out they will come out with perfect findings about the said deal .In situations whereby the result of their findings is negative, the whole transaction will be cancel .Upon a positive result the ministry of mines will give a go ahead to the transaction
(NOTE THAT THE BUYER WILL HAVE TO PAY FOR A CEMAC BUYERS PERMIT THAT WILL PERMIT HIM OR HER TO BE CONSIDERED LEGIBLE TO DO BUSINESS IN AND OUT OF THE COUNTRY)
6a). the shipping company will immediately forward copies of a confirmation letter, an SKR showing that the gold is in their keeping as well as a copy of their Pro forma invoice as to how the charges of the SHIPPING FEE will be remitted .Payment of the said charges will be made as per instruction on their Pro forma invoice
6b.) Once the contract is being approved, the ministry of mines will forward hard copies of the approve contract to both the buyer and seller’s end for their review
7) The seller then takes care of the freight charges and then sends to the buyer the air way bill as well as the flights schedule.
8) Freight and Export agency get in contact with buyer with all shipping Documents
9) GOLD BARS shipped to buyer’s destination port accompany by sellers Attorney
10) GOLD BARS Receive by buyer in the presence of sellers representative
11) PAYMENT GUARANTEE OF THE CONTRACT & PAYMENT TERMS
A 1)- GUARANTEE OF THE EXECUTION & PRICING OF THE CONTRACT:
B 1)- PAYMENT TERMS
a)- The payment to the SELLER shall be made by Bank Wire Transfer to the SELLER’ s nominated bank account within 48\ 72 Banking Hours after final assay and upon satisfactory completion of the refining and simultaneous transfer of the Gold Bars title .
c)- The BUYER may not be present in SELLER’ s country to sign a contract, this will be made via Emails.
d)- The commissions to buyers agent and his mandate shall be paid by the SELLER by Swift transfer within 72 hours after delivery of each shipment to buyers refinery.
e)- Within 72 hours or earlier after the confirmation of the bank instrument on bank to bank basis by sellers bank
I hereby declare that all information in this full corporate offer are nothing but the truth and is applicable in the contract and other agreements concerning this transaction.
The FCO shall become expired, null and void. No changes, alterations, or substitutions shall be
Signature/Seal of Buyer Signature/Seal of Seller
Mr Prince Duke Hassan
Designation: Designation: C.E.O
APPENDIX 1
SELLERS PASSPORT COPY: