FULL CORPORATE OFFER
FCO No: 239GBC/7899 Date: 29th October 2022
WHEREAS, THE SELLER, IRREVOCABLY CONFIRMS AND WARRANTS WITH FULL PERSONAL AND CORPORATE RESPONSIBILITY, AND FULL LEGAL AUTHORITY, UNDER PENALTY OF PERJURY, TO SELL AND DELIVER THE COMMODITY AS STIPULATED IN THIS AGREEMENT, GOOD, CLEAN, CLEAR AND OF NON-CRIMINAL ORIGIN.GOLD BARS(hereinafter referred to as AU BARS).
1. COMMODITY DESCRIPTION:The commodity/particulars that the Seller has offered and will supply to the Buyer are as follows:
COMMODITY :Raw unprocessed Gold
Min: 96.0 % (23+ karat) Au-content,Material does not contain deleterious elements.
Origin: Cameroon, Africa
FINENESS: 23+ karats Minimum
Form: Gold Dore Bars(AU Concentrate).
PURITY: 96.0%
PRICE: $41,000 usd/kg
COMMISSION:$1000 usd/kg
FIRST SHIPMENT QUANTITY :100kg
MONTHLY SHIPMENT: 100kg
Terms : CIF
DOCUMENTS:Gold comes along with these documents
⦁ Certificate of Origin(TRANSPORT DOCUMENT)
⦁ Certificate Of Ownership
⦁ Copy of Commercial Invoice
⦁ Preliminary Assay Certificate
⦁ Certificate of Non Criminal Origin
⦁ Certificate of Photosynatry
⦁ Shippers Instruction for airway bill(TRANSPORT DOCUMENT)
⦁ Safe Keeping Receipts
TRANSACTION CURRENCY: The transaction currency shall be valued in United States Dollars.
PAYMENT TERMS: Buyer shall make payment of gold after final assay in his required refinery.
SECTION 2:TRANSACTION PROCEDURES
-Seller sends FCO to buyer or his representative
-Buyer signs and send back confirming acceptance of terms and conditions
-Escrow account receiver(Solicitor) here in after known as paymaster will come in,
to now solicit between buyer and seller.
– The paymaster will prepare an agreement for all parties and send which are counter signed and sent back.
-Buyer will issue the escrow payment to the account provided by the solicitor.
– Solicitor confirms payment to his account
-Shipment commence immediately the solicitor confirms payment of the escrow to his account
-Gold will be shipped to buyer’s refinery accompanied by seller’s representative or seller
-After final assay at buyer’s refinery,with buyers satisfaction of the final assay result,
he will now give a go ahead to the solicitor to make payment to seller.
For and on the behalf of party A (AU seller)
Ref237 53
