MBALMAYO MINERS LTD CAMEROON ADDRESS : BERTOUA, EAST REGION,CAMEROON. FULL CORPORATIVE OFFER REFERENCE NO: MM/RMM/CM. SELLER INFORMATION COMPANY: Mbalmayo Miners COUNTRY: Bertoua, Cameroon TELEPHONE: +237 51254179 E-MAIL: minersmbalmayo@gmail NAME: Eric Asonganyi WHEREAS THE BUYER WITH FULL CORPORATE AUTHORITY AND RESPONSIBILITY HEREBY CERTIFIES, REPRESENTS, AND WARRANTS THAT THEY ARE READY, WILLING AND ABLE TO PURCHASE THE FOLLOWING 1 PRODUCT & ORIGIN: AU GOLD DORE BARS origin is CAMEROON. 2 PRICE: The price of AU GOLD BAR USD$34000KG, CIF loading. The price is made including SGS, Transportation, Loading and others all cost. This Price will be fixed for the 12 months and can be reviewed if the prices have been increased or decreased in the market. 3 DELIVERIES: Delivery shall be made in shipments as per schedule, which shall commence within 5 days after signing of contract and goods shall be delivered to destination within 5 days. Delivery shall be made in shipments as per schedule, which shall commence within 2 days after signing of contract and goods shall be delivered to destination within 5 days. 4 QUANTITIES & TOLERANCE FACTOR: The Seller will supply a total of ? as a spot order shipment to the Buyer. Buyer and Seller will accept a tolerance factor of + /- of 5% in quantity and amount of contract. order is ? monthly. 5 CIF PROCEDURES: 1 Seller issues FCO with CEO Passport Copy, buyer Signs and return back to seller with his passport copy 2 Seller send a contract for Buyers Approval buyer signs and return back to Seller 5A.) Seller go over signed contract and prepare his trip for the Deposition and Book a day to the Ministry for the Deposition of the goods for safe keeping. Once as he get a Precise date, seller takes goods to the Ministry of Scientific Research and Innovation for Pre-Assayer of the Goods. After the Assayer Results are out, Seller would collect goods from the Scientific Research Ministry and get pictures of the gold bar to be ship with buyer’s names and address written inside and out of the Box. (6.) Seller Print out hard copies of the contract and carry it along to the Ministry of Mines Department of Precious Metals safe Keeping. During this Period of traveling, Seller would be given the Buyers end Minute by Minute updates either via sms on telephone or calls. This would make the deal transparent thus motivating both ends. 6a.) Seller when arrives the Ministry of Mines would deposit the goods to their department of Precious Metals safe Keeping as well as the hard copies of the contract. When it is accepted by the authorities concerned, seller would immediately update Buyer by telephone to stay put and Ready for an Interview.( Note that the Ministry safe keeping house would be carrying an Interview with the Buyers end about the signed deal since they are the one standing as a trusty for they need to come out with perfect findings about the deal before procession) 6b.) During this period, the Ministry of Mines safe keeping House would carry out a Due Diligence especially from the Buyers side by asking some Questions on an interview with the Buyer, this would be done via a direct Phone communication between the Ministry safe keeping department and the Buyers side. A time scheduling period would be given for that so as to keep the buyer inform and ready. After the Interview they would come out with results which would proof if the deal is to continue or not. 7) If the Results are positive, the Ministry Safe keeping house would collect a 100% safe keeping fee from seller’s side. The safe keeping fee would be paid directly to the safe keeping house for five days before contract approval. Buyer obtains for a buyers permit from the ministry of mines. Note buyers take care for the permit charges. NB It is an obligation that all buyers have to obtain for a buyers permit from the ministry of mines in their own expenses or cost. 8) Seller party makes payments with safe keeping receipts being issued by the Ministry safe keeping house for their reference. 9) Ministry approves contract within five days and forward copies to both parties including and undertaking document for signing by both parties (The said document shows that the contract must be fulfilled since the Ministry is acting as the Trusty between both parties. That is in case of any default, the defaulted party would be held) 10)Ministry Transport goods to their recognized freight and Export agency with the Seller paying for 100 for the shipment allocation fee, Cost, insurances and freight charges for the gold to depart to buyer’s destination. Payment will be make directly to the ministry of mines assigned shipping line ELF. 11) Freight and Export agency get in contact with buyer with all shipping Documents 12) Gold Bar shipped to buyer’s destination port accompany by sellers Attorney 13) Gold Bar Receive by buyer in the presence of sellers representative 6 COLORS AND PURITY: Gold 99.9% + or better, after refinery 7 PAYMENTS: The payment to the SELLER shall be made by Bank Wire Transfer to the SELLER’ s bank account within 48\ 72 Banking Hours after final assay and upon satisfactory completion of the refining and simultaneous transfer of the Gold title . 8 SHIPPING DOCUMENTS: This delivery shall be accompanied by: Buyer permit Certificate of Origin .Certificate Of Ownership. Safe Keeping Receipt 4 copies of Commercial Invoice .Preliminary Assay Certificate. Shippers Instruction for airway bill Certificate of Non Criminal Origin. Certificate of Photosynatry. . 9 DURATION OF CONTRACT: This Contract will take effect as from the date of signature of this agreement and First contract will 5 years. Buyer will send buying schedule after discussion with seller in every year at month of January. 10 FORCE MAJEURE Neither party to this agreement shall be responsible for breach of contract caused by acts of God, insurrection or civil war, military operations or local emergencies or any other act that is construed by the International Chamber of Commerce as force majeure. DISAGREEMENTS OR DISPUTE: The Buyer and the Seller shall settle any dispute arising from the performance or construction of this contract in an amicable way. In the case of a failure to do so, one or more arbitrators appointed according with the said Rules, whose rulings shall be final, shall finally settle the matter under the Rules of Arbitration of the International Chamber of Commerce in Paris. Claims: i) Shipment must have a certificate of Quality, Quantity, and Weight issued by an Independent International Surveyor at loading port of the seller. ii) Seller needs mandatory specimen sample from buyer to help produce GOLD according to buyer’s supplied specification. ARTICLE 13 SPECIAL PROVISIONS: This agreement is to be executed in two (2) counterparts. The date of effective execution shall be considered to be the letter of the dates written against the signatures of the signatories below. All communications related to this contract shall be written in English. The parties agree that this contract may be signed and sent by DHL/facsimile. Copies of this contract sent by email/fax shall constitute a legal original. ARTICLE 14- DELIVERY SCHEDULE AFTER MINISTRY OF MINES APPROVAL CONTRACT AFTER 2DAYS. ARTICLE 15: Commodity Specifications: THE PHYSICAL TEST: COMMODITY : GOLD FORM : Gold/ bar QUANTITY : ? Kg / 150as first trial order FINENESS : 99.99% DURATION : 12 Months PRICE : US$ 34000.00/Kg COMMISION : 10%f ORIGIN : Cameroon POISONOUS: PHYTOSANITARY CERTIFICATE The both company have been made sign of agreement in witness of Allah, healthy sense, influence by others and front of following presented witness for carry good business. ARTICLE 16 – SIGNATURES FOR THE SELLER, FOR THE BUYER CEO : ERIC ASONGANYI Company Seal. MBALMAYO MINERS LTD CAMEROON ADDRESS : BERTOUA, EAST REGION,CAMEROON. FULL CORPORATIVE OFFER REFERENCE NO: MM/RMM/CM. SELLER INFORMATION COMPANY: Mbalmayo Miners COUNTRY: Bertoua, Cameroon TELEPHONE: +237 51254179 E-MAIL: minersmbalmayo@gmail NAME: Eric Asonganyi WHEREAS THE BUYER WITH FULL CORPORATE AUTHORITY AND RESPONSIBILITY HEREBY CERTIFIES, REPRESENTS, AND WARRANTS THAT THEY ARE READY, WILLING AND ABLE TO PURCHASE THE FOLLOWING 1 PRODUCT & ORIGIN: AU GOLD DORE BARS origin is CAMEROON. 2 PRICE: The price of AU GOLD BAR USD$34000KG, CIF loading. The price is made including SGS, Transportation, Loading and others all cost. This Price will be fixed for the 12 months and can be reviewed if the prices have been increased or decreased in the market. 3 DELIVERIES: Delivery shall be made in shipments as per schedule, which shall commence within 5 days after signing of contract and goods shall be delivered to destination within 5 days. Delivery shall be made in shipments as per schedule, which shall commence within 2 days after signing of contract and goods shall be delivered to destination within 5 days. 4 QUANTITIES & TOLERANCE FACTOR: The Seller will supply a total of ? as a spot order shipment to the Buyer. Buyer and Seller will accept a tolerance factor of + /- of 5% in quantity and amount of contract. order is ? monthly. 5 CIF PROCEDURES: 1 Seller issues FCO with CEO Passport Copy, buyer Signs and return back to seller with his passport copy 2 Seller send a contract for Buyers Approval buyer signs and return back to Seller 5A.) Seller go over signed contract and prepare his trip for the Deposition and Book a day to the Ministry for the Deposition of the goods for safe keeping. Once as he get a Precise date, seller takes goods to the Ministry of Scientific Research and Innovation for Pre-Assayer of the Goods. After the Assayer Results are out, Seller would collect goods from the Scientific Research Ministry and get pictures of the gold bar to be ship with buyer’s names and address written inside and out of the Box. (6.) Seller Print out hard copies of the contract and carry it along to the Ministry of Mines Department of Precious Metals safe Keeping. During this Period of traveling, Seller would be given the Buyers end Minute by Minute updates either via sms on telephone or calls. This would make the deal transparent thus motivating both ends. 6a.) Seller when arrives the Ministry of Mines would deposit the goods to their department of Precious Metals safe Keeping as well as the hard copies of the contract. When it is accepted by the authorities concerned, seller would immediately update Buyer by telephone to stay put and Ready for an Interview.( Note that the Ministry safe keeping house would be carrying an Interview with the Buyers end about the signed deal since they are the one standing as a trusty for they need to come out with perfect findings about the deal before procession) 6b.) During this period, the Ministry of Mines safe keeping House would carry out a Due Diligence especially from the Buyers side by asking some Questions on an interview with the Buyer, this would be done via a direct Phone communication between the Ministry safe keeping department and the Buyers side. A time scheduling period would be given for that so as to keep the buyer inform and ready. After the Interview they would come out with results which would proof if the deal is to continue or not. 7) If the Results are positive, the Ministry Safe keeping house would collect a 100% safe keeping fee from seller’s side. The safe keeping fee would be paid directly to the safe keeping house for five days before contract approval. Buyer obtains for a buyers permit from the ministry of mines. Note buyers take care for the permit charges. NB It is an obligation that all buyers have to obtain for a buyers permit from the ministry of mines in their own expenses or cost. 8) Seller party makes payments with safe keeping receipts being issued by the Ministry safe keeping house for their reference. 9) Ministry approves contract within five days and forward copies to both parties including and undertaking document for signing by both parties (The said document shows that the contract must be fulfilled since the Ministry is acting as the Trusty between both parties. That is in case of any default, the defaulted party would be held) 10)Ministry Transport goods to their recognized freight and Export agency with the Seller paying for 100 for the shipment allocation fee, Cost, insurances and freight charges for the gold to depart to buyer’s destination. Payment will be make directly to the ministry of mines assigned shipping line ELF. 11) Freight and Export agency get in contact with buyer with all shipping Documents 12) Gold Bar shipped to buyer’s destination port accompany by sellers Attorney 13) Gold Bar Receive by buyer in the presence of sellers representative 6 COLORS AND PURITY: Gold 99.9% + or better, after refinery 7 PAYMENTS: The payment to the SELLER shall be made by Bank Wire Transfer to the SELLER’ s bank account within 48\ 72 Banking Hours after final assay and upon satisfactory completion of the refining and simultaneous transfer of the Gold title . 8 SHIPPING DOCUMENTS: This delivery shall be accompanied by: Buyer permit Certificate of Origin .Certificate Of Ownership. Safe Keeping Receipt 4 copies of Commercial Invoice .Preliminary Assay Certificate. Shippers Instruction for airway bill Certificate of Non Criminal Origin. Certificate of Photosynatry. . 9 DURATION OF CONTRACT: This Contract will take effect as from the date of signature of this agreement and First contract will 5 years. Buyer will send buying schedule after discussion with seller in every year at month of January. 10 FORCE MAJEURE Neither party to this agreement shall be responsible for breach of contract caused by acts of God, insurrection or civil war, military operations or local emergencies or any other act that is construed by the International Chamber of Commerce as force majeure. DISAGREEMENTS OR DISPUTE: The Buyer and the Seller shall settle any dispute arising from the performance or construction of this contract in an amicable way. In the case of a failure to do so, one or more arbitrators appointed according with the said Rules, whose rulings shall be final, shall finally settle the matter under the Rules of Arbitration of the International Chamber of Commerce in Paris. Claims: i) Shipment must have a certificate of Quality, Quantity, and Weight issued by an Independent International Surveyor at loading port of the seller. ii) Seller needs mandatory specimen sample from buyer to help produce GOLD according to buyer’s supplied specification. ARTICLE 13 SPECIAL PROVISIONS: This agreement is to be executed in two (2) counterparts. The date of effective execution shall be considered to be the letter of the dates written against the signatures of the signatories below. All communications related to this contract shall be written in English. The parties agree that this contract may be signed and sent by DHL/facsimile. Copies of this contract sent by email/fax shall constitute a legal original. ARTICLE 14- DELIVERY SCHEDULE AFTER MINISTRY OF MINES APPROVAL CONTRACT AFTER 2DAYS. ARTICLE 15: Commodity Specifications: THE PHYSICAL TEST: COMMODITY : GOLD FORM : Gold/ bar QUANTITY : ? Kg / 150as first trial order FINENESS : 99.99% DURATION : 12 Months PRICE : US$ 34000.00/Kg COMMISION : 10%f ORIGIN : Cameroon POISONOUS: PHYTOSANITARY CERTIFICATE The both company have been made sign of agreement in witness of Allah, healthy sense, influence by others and front of following presented witness for carry good business. ARTICLE 16 – SIGNATURES FOR THE SELLER, FOR THE BUYER CEO : ERIC ASONGANYI Company Seal. WE ARE LOCAL MINERS FROM CAMEROON, THE MBAMAYO MINERS, WE DO SELL GOLD BAR AND GOLD DUST, WE ARE LOOKING FOR GENUINE BUYERS. CONTACT FOR MORE INFORMATION: minersmbalmayo@gmail
Posted on: Mon, 13 Oct 2014 10:22:42 +0000
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