Gold / Silver / Minerals (Sellers) Published date: September 24, 2019

FULL CORPORATE OFFER (FCO)
Seller`s Mandate: HKE Trust, Kenneth L. Kidwell, Trustee
Buyer`s Mandate:
Transaction Code : MC/IDGAS/SO/KMA2019
Seller`s Code : MC/GMICL/KK/KC/No.2
Buyer`s Code :
Issue Date: 21 July2019 ➤ ➤ ➤ ➤ ➤ Expiration Date: 30 September 2019
To: Mr.
Seller hereby confirms that itisReady, Willing and Able (RWA) to sell and deliver Gold Doré as follows:
COMMODITY and SPECIFICATIONS
• Form : Doré Bars of 5Kg or larger.
• Fineness : 95% or better with assay certificate to accompany delivery.
• Hallmark : None.
• Origin : West Africa
• Location : Accra, Ghana
• Delivery : DAT to XXXXX International Airport (IATA: XXX, ICAO: XXXX)
• Ownership : Consignee is in “TITLE” when Gold Doré is shipped.
• Maximum Quantity : 12,000Kg’s annually. (Or as agreed between Buyer and Seller.)
• Test Tranche : Test not allowed.
• First Tranche : 100Kg’s (Or specify higher amount)
• Subsequent Tranches : 200 to 1000Kg’s Twice monthly, X 12 months.
• Contract Duration : One (1) to Five (5) years with rolls and extensions.
• Price : (Price is determined by the 2nd day fix of the London Bullion Market Association “LBMA” minus discount on the day of settlement)
• Discount : Discount is Eight Percent (8%) from the PMFixing by LBMA/day of assay. (VAILD UNTIL 30SEPTEMBER2019)
• Payment : Buyer pays 92% to Seller by wire transfer to sellers nominated bank.
• Commissions : Buyer pays his intermediary commissions by Private Agreement.
: Seller pays his Mandate, and others as directed.
QUANTITY
• Contract Quantity: XXXX Kg’s (XXXX XXXX-Kilograms) with rolls and extensions until Seller`s inventory is depleted.
• Shipping schedule to be defined in the Sales/Purchase Agreement.
LOCATION
• Security Warehouse/Depository in Accra, Ghana
PURCHASE PRICE
• Pricing: The agreed purchase price is the quoted price in USD the second fixing rate (PM) issued by London Bullion Market Association (LBMA) on the day of final assay. In the event that the LBMA is not operating on that scheduled day, the price shall be based on the previous PM LBMA fixing.
COMMISSIONS
• Buyer pays his representatives by Private Agreement.
• Seller pays his Mandate and others by Private Agreement.
• Sellers Mandate, Representatives et al are paid by Seller outside the final agreement between buyer and seller.
TITLE
• Transfer of Title from Seller to Buyer occurs when the gold doré is shipped by air-carrier to buyer’s international airport.
PAYMENT GUARANTEE
• Buyer is required to have its bank issue a Bank Guarantee (BG), Standby Letter of Credit (SBLC), or LC-MT700, with Pre-advices applicable to both Buyer and Seller. [This procedure is designed to protect a buyer from any initial bank fees for the issuance of the SWIFT MT760 until it is necessary.]
• Seller is required to have its bank issue a Two (2) Percent Performance Guarantee, first by Pre-advice, then by MT760.
PAYMENT TERMS
• Payment Terms: Bank to Bank, via SWIFT MT 103, or other acceptable bank wire transfer.
• Currency: USD ($)Seller may consider Pounds (£) or Euro’s (€) on request by Buyer.
DELIVERY TERMS
• Payment for received gold doré shall be by Wire transfer to the Seller’s Designated Bank Account, within 72 hours of final assay/refining.
• CIF/DAT to buyers named International Airport.
DOCUMENTATION/DELIVERY DOCUMENTS
Each delivery shall be accompanied by a Air Waybill with documentation in accordance with international law, including:
• Certificate of Origin
• Assay Report (Certificate of Purity)
• Certificate of Ownership (Title/Ownership in the name of the Buyer)
• Export Certificate
• Air Waybill of Lading
• 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)
ALL INFORMATION HEREIN IS PRIVATE AND CONFIDENTIAL AND DISCLOSURE ISSTRICTLY PROHIBITED.
This Final Doré Proposal expires on 30 September 2019 unless extended by mutual agreement. Acceptance of this offer to provide gold doré requires a buyer issue a Letter of Intent as attached.
For the Seller:

• Company Name: MINT
• Country: SPAIN

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