AU FCO

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    Committee Miners Association Sierra LeoneAssociation Rue 17/1972Country Sierra Leone

    Tel: 00 23278438810 / 232 30148843Fax: 00232333 222Re!" #o:#RA"2009"S"018

    Contract No: SGS2012Buyers Code:

    Sellers Code: CMASL/2012Reference: SB2012

    Gold DustDate: 17 October. 12,

    TO BUYER:

    We hereby confirm with full corporate authority and legal responsibility, underpenalty of perjury, that we are ready, willing and able to sell Gold (AU) Dustpresently in our possession physically or legally, as described below and wefurther undertake that the Gold (AU) Dust is clear, clean and of non criminalorigin! We will supply "# $ilograms minimum of Gold (AU) Dust (or abo%e) on a

    monthly basis! &elow is the reference of our offer and trade terms and conditionsfor the first transaction!

    Commodity Aurum Utalium (AU) 'etal (Gold)Form Gold DustPurity !*+ or &etterFine e 22"1 carats $lus!a""mar# #onePrice 3 " 000 %S& $er '! . NET OF GOLD$uantity "#kg monthly basis for with rolls and extensions for up to 5

    years . With a delivery trial for our assay report of 10/15 KG% ay Re&ort inal assay to be made by buyer-s refinery and this

    assays %alue will accepted by both buyer and seller!Payment The Buyer shall make payment to the Seller on a price

    per kilogram basis (in US Dollars paid on the actual goldcontent of each trenched based on the !inal "ssay#eport issued by the Buyer$s refinery. O ly for thedelivery trial the !uyer pays !y T/T !a " to !a " vias#ift

    Ori'in .ierra /eoneDe"i(ery 01 Airport ree 2one to 33333

    DE)*+ERY TER -: 4he deli%ery terms shall be 01 from .ellers location to the 5efinery

    designated by &uyer in a written notice (hereafter the 6&uyer-s5efinery7)!

    4he e3port ta3es, e3port documentation, freight cost and othere3penses during e3portation to refinery shall be shared 8+ on thebuyer-s side and 9!"+ on the .ellers side to enable us to deli%er thegold A.:!

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    Committee Miners Association Sierra LeoneAssociation Rue 17/1972Country Sierra Leone

    Tel: 00 23278438810 / 232 30148843Fax: 00232333 222Re!" #o:#RA"2009"S"018

    Contract No: SGS2012Buyers Code:

    Sellers Code: CMASL/2012Reference: SB2012

    .eller is responsible to deli%er the Gold to the 5efinery! .eller willpro%ide all the necessary documents in order to transfer the Gold fromthe Destination Airport to the buyer-s 5efinery!

    4he import customs, ;A4 ta3es and other applicable ta3es at destinationAirport, are on the account of the Buyer.

    &uyer is responsible for all charges to deli%er the gold to the refineryincluding refining, assays, and all other fees, ta3es, and charges!

    4he 4itle for the Gold shall remain in the name of the .eller until the&uyer has paid for the gold in full to the .eller! 4 &ank to bank by swift as it is writtenin the terms of payment

    When .eller informs &uyer that the goods are ready to ship the &uyerissues T1/0 20 for final payment %ia swift bank to bank! Upon%erification of the T1/0 20, the .eller deposits the goods with thego%ernment freight and e3port agency for deli%ery to the &uyer-srefinery ;1A &51?$.!

    4he .eller-s /ogistics 0ompany shall deli%er the goods within " workingdays to the &uyer-s refinery!

    .eller ships gold to &uyer-s 5efinery with copy of airway &ill and sent to&uyer!

    Gold arri%es at buyer-s destination airport and is cleared by .eller to the&uyer-s 5efinery!

    .eller-s /ogistics 0ompany finishes processing shipment of goods andforwards copies of all shipping documents to &uyer!

    4he &uyer shall make the full payment by wire transfer to .eller whichshall be due within 4hree &usiness days after issue of the final assayreport from the refinery!

    T e 3o""o4in' document 4i"" accom&any t e 5/ 6i"o'ram 3ir t - i&mentand a"" 3uture tranc e to t e Buyer Re3inery:

    @!

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    Committee Miners Association Sierra LeoneAssociation Rue 17/1972Country Sierra Leone

    Tel: 00 23278438810 / 232 30148843Fax: 00232333 222Re!" #o:#RA"2009"S"018

    Contract No: SGS2012Buyers Code:

    Sellers Code: CMASL/2012Reference: SB2012

    ! Assay report from .eller-s origin9! 0ertificate of

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    Committee Miners Association Sierra LeoneAssociation Rue 17/1972Country Sierra Leone

    Tel: 00 23278438810 / 232 30148843Fax: 00232333 222Re!" #o:#RA"2009"S"018

    Contract No: SGS2012Buyers Code:

    Sellers Code: CMASL/2012Reference: SB2012

    %ame of signatory&%ationality& 74assport %o.&Title&Date&