SOCIETE AFRICAINE DE FRET SARL

N° Registre de Commerce : 2003 B5870-Numéro Statistique : 3698639856-BP : 2356-Bamako-Mali

Phone : +223.91.10.06.17
E-mail: argo.goldmali@gmail.com Address: Rue 35 porte 205 faso kano Bamako Mali

FULL CORPORATE OFFER

IMPORT-EXPORT

Minières Métaux & Prières précieuses

Négoce international Regd N° RC/2368 CCIM

Attention: Mr. Asia Resources (HK) Date : 06/08/2019

(NON REFINED - GOLD BARS)

For Sale and Purchase of GoldBARS - 22+ Ct

Date: 06TH AUGUST 2019

TRANSACTION CODE OFFER: AU/ML/0020

Made and entered into by and between

(Seller)

Being represented by:-

Agent chief executive of the Seller:Walter Wolf

Adressé: Rue 35 porte 205 faso kano Bamako Mali
Telephone: +223-91.10.06.17
And

Buyer:

___________________________
(Seller’s Mandate Holder)

Telephone : +

WHEREAS: Seller agrees and warrants, under penalty of perjury, to sell AU Gold [hereinafter referred
as “GOLD BARS”].

WHEREAS: Buyer agrees and warrants, under penalty of perjury, to Purchase the Seller's Gold Bars at
an agreed lift period.

NOW THEREFORE: In consideration of the promises and mutual covenants herein set forth, both
Parties agree to the Terms and Conditions as follows:

__________________________________________________________________________________________

Page 1 of 7
Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________


Commodity : Gold BARS/ Dore bars

Quantity : 13,750kg
Quality : 23.51carat plus
Purity : 97.38%+ or better
Origin : Rep. of Mali.

Trial Order : 100kg ( 100kg)

Price : $39000 USD Per kg

Buyer Obligation : BUYER pay upon final analysis at buyer’s designated

refinery premises within 72 Working Hours.

Delivery : CIF – (Buyer destination)Payment in full will be

made by the Buyer upon final analysis at Buyer’s refinery within 72 Hours .

PROCEDURES

1. The Seller and Buyer as agreed to a purchase price per kilogram Non-Refined Gold Bars.
2. The Seller agree that he has given the buyer Mandate in this instance
.................................................. (herein after referred to as FWR) the right to sell the above
mentioned Gold Bars to a Buyer/Refinery.
3. The Seller furthermore agree that he will not interfere with the selling price that FWR has
negotiated with the Refinery as the difference in the price will be the commission the FWR is
earning on this transaction.
4. FWR for the purpose of this transaction will:-
a. Buyer will pay accordingly as instructed above for the Gold while Seller provide the
exact quantity requested by the Buyer.
b. 1st delivery (Trial run)which has agreed on, the Buyer will prove their potentials and
financial capability that they are capable of making purchase of the RWA, by paying
the smelting fee for the exact quantity they want to purchase without wasting further
time for the gold to be in smelting process.
c. Buyer’s approving this contract by signing and returning this contract here by
guarantee the seller that the Gold in total balance payment will be done after 72 Hours
at Buyer’s refinery.
5. Seller will make first tranche of 100kg to buyer’s destination of choice the moment Seller have
confirmed part payment%%% made by the Buyer via T/T to Seller’s nominated bank account.
6. FWR has sold the gold bars to a Buyer/Refinery and the Buyer/Refinery will take care of their
responsibilities as notarized in the Sale and Purchase Agreement: AU/ML/21/MLI
__________________________________________________________________________________________

Page 2 of 7
Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________

7. Commission:-
a. The selling price of $39,000 US Dollar per Kilogram x the total quantity Which has
been negotiated to be paid directly to Seller’s Nominated Bank account here in Mali
upon conclusion of transactions.

8. Contract and Future Deliveries:-

a. Once this transaction has successfully been concluded:-
i. Seller and Buyer to enter into a 12 month contract;
ii. Quantity per month: 500kg per month subject to availability for two years
contract after a first successful trial tranche;
iii. Should further roll and extension be required seller is prepared to enter into
these negotiations.
9. Furthermore all parties to this transaction agree to:-

a. not in any manner solicit, nor accept any business in any manner from sources or their
affiliates, which sources were made available through this agreement, without the
express permission of the party who made available the source and, the parties will
maintain complete confidentiality regarding each other business sources and/or their
affiliates and will disclose such business sources only to the named parties pursuant to
the express written permission of this party who made available the source, and, that
they will not in any of the transactions the parties are desirous of entering into and do,
to the best of their abilities assure the other that the transaction codes established will
not be affected.

b. That they will not disclose names, addresses, e-mail address, telephone and tele-fax or
telex numbers to any contacts by either party to third parties and that they each
recognize such contracts as the exclusive property of the respective parties and they will
not enter into any direct negotiations or transactions with such contracts revealed by the
other party and That they further undertake not to enter into business transaction with
banks, investors, sources of funds or other bodies, the names of which have been
provided by one of the Parties to this agreement, unless written permission has been
obtained from the other party (ies) to do so.

c. For the sale of this agreement, it does not matter whether information obtained from a
natural or a legal person. The parties also undertake not to make use of a third party to
circumvent this clause.

d. That in the event of circumvention of this Agreement by either party, directly or

indirectly, the circumvented party shall be entitled to a legal monetary penalty equal to

__________________________________________________________________________________________

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Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________

the maximum service it should realize from such a transaction plus any and all expenses,
including but not limited to all legal costs and expenses incurred to recover the lost
revenue.

e. All considerations, benefits, bonuses, participation fees and/or commissions

received as a result of the contributions of the parties in the Agreement, relating to any
and all transactions will be allocated as mutually agreed.

IN WITNESS WHEREOF, THE PARTIES HERETO HAVE AGREED TO THESE TERMS AND CONDITIONS
BY MUTUAL AGREEMENT ON THE EFFECTIVE DATE FIRST WRITTEN ABOVE, WHERE ALL COPIES,
FASCIMILIES, AND E-MAIL VERSIONS ARE CONSIDERED ORIGINAL, LEGAL, AND BINDING.

Validity offer 05 Days

Signed at BAMAKO on this the 06TH day of AUGUST 2019.

Signature : _______________________________________
(Walter Wolf)

Print Name : WALTER WOLF

AGENT CHIEF EXECUTIVE OF THE SELLER
(Seller)
Company : SOCIETE AFRICAINE DE FRET- SARL

(Seller)
COPY OF PASSPORT / ID TO BE ATTACHED TO THIS FCO/OTP/PO

__________________________________________________________________________________________

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Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________


By signing this FCO /OFFER TO PURCHASE,

Address: :
Cell Number :
Fax Number :
Email :

I herewith confirm that I have under authority sold the commodity in this agreement to:-

Company and nominated delivery address for Invoice Purposes as follows:-

Name of Company : Asia Resources (HK) Ltd

Address : Room 26, 5/f, Genplas industrial building, 56 Hoi Yuen Road, Kwun Tong,
Kowloon, Hong Kong SAR.
Tel Number :
Name of Refinery :
Contact Name at Refinery :
Address of Refinery :
Tel Number :
Nominated Airport :
Addition Information (should any be required):
___________________________________________________________________________________

___________________________________________________________________________________

Signed at ____________________________-on the 06TH day of AUGUST 2019

Signature :
(SELLER MANDATE)
Seller Mandate Bank Account Number:
SWIFT Code: Bank Name:

Print Name :
(BUYER )
COPY OF PASSPORT / ID TO BE ATTACHED TO THIS FCO/OTP/PO

__________________________________________________________________________________________

Page 5 of 7
Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________


FOR INVOICING PURPOSES only :-

SUPPLIER : SOCIETE AFRICAINE DE FRET-SARL

CONTRACT NUMBER : AU/ML / 21 / MLI

BUYER :
ADDRESS :

DELIVERY POINT :

PURCHASE PRICE :

FOR THE PURPOSE OF THIS CONTRACT:-

SELLING PRICE : $24,500.00 PER KG

COMMISSION : $2,100 USD PER KILOGRAM FROM SELLER TO SELLER’S MANDATE

__________________________________________________________________________________________

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Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________


__________________________________________________________________________________________

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Seller Transaction Code : AU/ML/0021/MLI Seller Mandate : Usman Wirahadikusuma Tan
Buyer Transaction Code :


Seller : ________________________________ Buyer : ______________________________