Gold Dore
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NO UPFRONT PAYMENT NO BANK INSTRUMENT
Attn. : The Buyer / Buyer legal Mandate
SCOPE OF THE CONTRACT:
a) The Seller, under full authority and responsibility, declares that he has the clear and qualified right to sell the gold bar and that he guarantees that the Seller has the means to legally export the gold bar from West Africa.
b) The Buyer, under full corporate authority and responsibility declares that he and his associates have the full capability to purchase the unrefined Alluvia Gold (Gold Bar) and such purchase will be raised with options of extension annually.
COMMODITY SPECIFICATIONS:
a) COMMODITY: Aurum Utallum (AU)
b) FORM: Gold Bar.
c) PURITY: 98.67%
d) FINENESS: minimum of 23 carats
e) ASSAY: Final assay to be made at and by Buyers registered and nominated Refinery and this value
will be accepted by both Buyer and Seller.
f) ORIGIN: COTE D’IVOIRE_ (Country)
g) PACKING: Export Package Boxes / bar
QUANTITY:
The contractual quantity for sale to the Buyer under the Terms of this Agreement shall be for 30kgs for the test tranche. And this contract will last for a period of 1 (one) year for the supply of 100kgs on monthly Basis.
PRICE:
a) The price payable by the Buyer to the Seller on this transaction will be $40,000.00 per kilo for the
duration of this contract.
b) Referenced funds in this agreement are to be wired in form of United States Dollars - Currency
(USD-$).
DELIVERY TERMS:
a) The delivery terms for this Sales & Purchase Agreement (SPA) shall be on the basis (by hand-carry delivery) to the Buyer & nominated destination (refinery of Buyer’s choice). Seller delivery agent will deliver through buyer Airport, where it will clear customs. Buyer and sellers delivery agent will then personally move the gold to the refinery.
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b) Buyer is responsible for all charges at their refinery. The Gold Bar goes into the account of the Buyer at the refinery. Gold will be registered to the refinery for the account of the Buyer at the time of payment to Seller’s designated fiduciary bank.
c) The Seller will notify the Buyer via fax or email of the date of transport of Seller & Gold Bar from Seller & departure point (Origin). By return the Buyer will confirm receipt of Notice, which will include airway-bill / packing list and copy of insurance and export documents, in the same manner.
d) Seller delivery agent will deliver direct to the Buyer's nominated airport or refinery (Refinery of Buyer’s choice). Prior to delivery Agent Departure from point of origin, Seller will notify Buyer: (1) the dates of expected departure and arrival time of the delivery agent. Seller will clear delivery of Gold Bar through proper Customs at point of origin.
e) During the Seller's first shipment, the Buyer or representative will be physically present at the airport Customs checkpoint and at the buyer’s nominated refinery (Refinery of Buyer’s choice) to insure all.
f) Procedures have been followed and actual delivery was completed to the refinery. Buyer will notify the Seller/Seller & Mandate of successful completion of events in written form.
PAYMENT TERMS:
Final payment shall be executed to the Seller's nominated bank, within 24 to 72 hours after receipt of final assay report from refinery by (TT) bank wire transfer.
PROCEDURE: (In time sequence)
First (1 st ) Step: The Buyer signs this contract (SPA) and the Buyer returns it to Seller signed and Stamped.
PLEASE NOTE: This contract is time-sensitive. If Seller(must be execute) and Buyer do not execute and remit this Agreement to Seller within TEN (10) Days of receipt thereof, failing which, this Agreement is terminated without further notice unless written permission is received from the Buyer.
Second (2nd ) Step: Within maximum of three (3) working days after signing of this contract, the Seller provides to the Buyer copy of all necessary valid and confirmed documents via email, and will notify the Buyer of the date of delivery to the Buyer's destination. By return the Buyer will confirm receipt of Notice.
Third (3 rd ) Step: The Seller delivery agent will deliver the Gold Bar to the Buyer & choice of refinery, and willnotify the Buyer about: (1) the dates of expected departure and arrival time.
Fourth (4 th ) Step: The Buyer will clear the delivery through designated Airport Customs, and complete thedelivery to the buyer’s nominated refinery.
Fifth (5 th ) Step: Within three (3-5) working days of receipt of the hand-carry delivery, refinery shall fax a copy of refinery complete assay report to the Buyer for agreement with copy of complete assay report to the Seller.
Sixth (6 th ) Step: Payment shall be executed to the Seller & nominated bank, within forty-eight (48) to Seventy-Two (72) hours after receipt of final assay report from refinery.
NOTICES:
Any and all notices required to be given by one party to the other party to this Agreement shall be in writing and by posting the same by certified/recorded post at the address or addresses as stated copied by facsimile or email, directly to the parties referenced herein.
DOCUMENTS:
Each delivery shall be identified with all appropriate contract reference codes and numbers. Seller must
provide the following documents to Buyer prior to arrival of goods or when delegate & arrival at the airport
destination:
a) Commercial Invoice made out to BUYER.
b) Certificate of Origin.
c) Certificate of Ownership.
d) Packing List.
e) Assay Report.
f) Certificate of Ownership.
g) Master Air waybill etc at buyer’s request.
h) Flight number and date of arrival.
TITLE OF GOODS:
The Title to the Gold Bar shall pass from the Seller to the Buyer immediately upon clearing Customs and will go into the account of the Buyer at the refinery with the necessary documents. Buyer will not take legal ownership until he has paid the agreed USD $ Price as per this contract (SPA) after final assay from the Regularly Registered Refinery (RRR).
Both have rough diamonds, too.
Need Proof of Funds to make sure buyer is not a waste of time.
if you are interested please :
Email: info.raintl@gmail.com
