We, as the Seller, make this offer with full corporate authority and under sole and total responsibility as the Seller.

PRODUCT NAME AND DESCRIPTIONS:

COMMODITY: Gold Bullion (Aurum Utalium)

FORM: 12.5-kilo bars of GLD Standard

FINENESS: 999.5% or better

HALLMARK: Internationally accepted hallmarks

ORIGIN: Mali/Ghana

LOCATION: Asia/Europe

DELIVERY: CIF at Buyer’s designed place

QUANTITY: 10,000MTW per month with rolls and extensions.

FIRST TRANCHE: 500MTW

SUBSEQUENT TRANCHES: 500MT

DURATION : 1 Year.

PRICE: The agreed purchase price is the quoted price in USD or EUR as set forth in the latest valid Second Fixing Rate (PM) issued by the London Bullion Market Association (LBMA) on the Day-of-Transaction. In the event that the LBMA is not operating on that scheduled day, the price calculation used shall be based on second LBMA fixing of the next change to last Market opening day and per tranche.

DISCOUNT : 8% Gross Discount,

5% Net to Buyer



COMMISSION : 3% Commission, as stated below:

1.5% to Seller’s side (closed)1.5% to Buyer’s side