You are on page 1of 6

City :Nairobi

Tax Area : Lavington


Buildings :Diana Close G7
District : Of West Nairobi Postal Code: 00200
Street: Oledume Road
Contacts +254 731627416
+254 735 630546
Info.kilimanimetals@gmail.com

OUR REF KILM/231H/2021 DATE 13TH DEC 2021

To: Mr ALI

FULL CORPORATE OFFER ON GOLD NUGGETS C.I.F


Dear Sir,
We hereby confirm with full corporate responsibility, under penalty of Perjury, as Sellers, we are
ready, willing, and able with legal authority to deliver and offer for the sale of the first trial following
quantity of 10kgs AU metal (Gold BARS)

• PRODUCT: GOLD BARS Aurum Utalium (Au) ORIGIN: DRC.


• QUANTITY: 10 KGS of Gold NUGGETS PURITY: 96.4% +23kt
• PRICE: USD 41,000$ USD PER Kg CIF (Buyers Destination). If purity is found to be less
than stated in the FCO, then the price will be adjusted to suit the buyer.
• CURRENCY: USD$ offers acceptable.
• PACKAGING: In metal export 1boxes LOADING PORT: Kenya Nairobi
• DOCUMENTATION: Commercial invoice, Insurance,
Certificate of origin, from Congo Export permit/ certificate, Ownership certificate, Certificate of taxes
paid for export, packing list & Airway Bill.
TERMS OF PAYMENT: Direct TT (TWT) to Sellers A/C in .2hrs after final assay report.

Seller’s Warranty
The Seller must warrant that the product as described in the FCO is in his legal possession or that he
has beneficial ownership of the product and that he has the ability and the authority to sell it:
1. Seller/Buyer to exchange their passport copy.

The Kilimani Fine & Precious Metals Limited


2. Seller to submit company registration certificate. -Seller to submit Tax clearance certificate
3. Buyer to inspect the goods at the Seller’s Agent offices, where he/she will take samples for
initial tests at a government testing laboratory. Goods are sealed ready for export.
4. Seller representative will accompany the goods to Buyer’s refinery for smelting and final
payment after assay report.

Procedure:

1. Seller sends FCO


2. Buyer and Seller sign the FCO
3. The Buyer or Buyer’s Representative will make arrangement to travel to Nairobi, Kenya to
meet the Seller and view the goods physically.
4. The Buyer can obtain samples from the total consignment for testing purposes only at the
governments testing laboratory. or Kenexa refinery
5. If it’s required by the buyer, that the consignment should be smelt in the presence of the
buyer and the smelting fees is 100$ dollars per kg. with further inspection
6. After satisfactory of testing inspection, Buyer pays the Government taxes, of 7% certificate
of origin fees, insurance, customs clearance and the exports permit and freight costs cargo
to the Seller’s appointed shipping agent after the buyer pay the cost of shipping the
documents, he will be given a gold collateral for the security of his money and the process
will only take 2 to 3 working days maximum to be ready organizations. Under tight
supervision, goods will be sealed by officials from the Ministry of Minerals & Energy. at
JKIA airport
7. It must be understood and accepted by the buyer that all payments for duties, customs
stamp fees, insurance charges and freight forwarding and all other expenses and charges
in country of origin, will be paid by buyer and that amount will be deducted from the total
final payment after refinery to the buyer destination and the buyer will pay 93% .
8. The Seller or the Seller’s representative will accompany the Buyer with the consignment
to the Buyer’s final destination to witness and ensure the full payment after the final assay
at the buyer’s refinery.

PAYMENT
TT wire transfer (TWT) from buyer contracted authorized authority account as per instructions
from the Seller defined in the FCO. After buyer pays the full payment of goods to the seller, minus
costs she incurred, the product will then be released to buyer.

The Kilimani Fine & Precious Metals Limited


Responsibility
The Gold bars will during the delivery process remain in the Seller’s care, custody and control of the
Seller. Buyer will be responsible for all cost at their refinery including but not limited to refining and
storage.

Delivery Instructions (CIF Buyers Destination)


The Seller will ship the product to the designated buyer refineries via airfreight to the attention of
buyer as per the instructions defined in the FCO to be listed on the documents and the packaging of
the product.

Confidentiality
Seller, buyer or Intermediaries and Mandates shall keep any FCO or Contract in strict
confidence and shall instruct all persons involved in the completion of this contract to keep it in
strict confidence. the mining price is 41,000$ dollars per KGS

Disputes Settlement
All disputes arising out of, or in connection with the FCO or contract with buyer including disputes
on its conclusion, binding effect, amendments and termination shall be resolved by ordinary court in
Switzerland and/or as defined in the FCO.

Modifications and Amendments


All modifications and amendments to any FCO or contract with buyer must be made in writing and
are subject to the mutual writing approval of both parties.

(buyer) refinery and (buyer) in advance of the shipment. It is understood that the refinery may take
sample and test the material for the presence of hazardous substances prior to processing.
It needs be understood that the refinery shall have the right to reject material which, in the refinery’s
opinion does not conform to the description specified under subparagraph “a” or is, or becomes,
unsuitable or undesirable for handling, sampling and smelting whether for metallurgical,
environmental or other reasons.
Material, which does not conform to the requirements specified under subparagraph specified in the
FCO or is rejected by the refinery pursuant as defined in the FCO, will be returned to the Seller’s

The Kilimani Fine & Precious Metals Limited


arrangement for the return of the Material. Pending receipt of such instructions it is understood that
the refinery may take action as it considers appropriate for handling the Material. Any damages
suffered by the (buyer) or the refinery as a result thereof will be deducted from the Seller’s account.
Any and all damages suffered by the refinery as a result of the processing of
Material containing hazardous substances will be to the account of a Seller.

Contract Exchanger Instructions


Seller must agree that facsimile documents or correspondence shall be considered
as originals. However, (buyer) and seller can retain the option to exchange hard copies in all
transactions
(Seller) signs and sends the contract by fax or email to buyer (Buyer) signs and faxes or sends the
contract to the seller via e-mail

Non-circumvention and non-disclosure


A Seller will need to agree not to circumvent or attempt to circumvent buyer in
any current or future transaction for a period of three years from the execution of any contract or
FCO. A contract or FCO will bind all parties, their agents, associates, employees, transfers, assigns or
designers.

The Kilimani Fine & Precious Metals Limited


Buyer

Authorized signature: ………………….

Dated:

(Seller)

Authorized signature.........................................................

Date:13TH DEC 2021

The Kilimani Fine & Precious Metals Limited


No. PVT-KAUDPYQ

CERTIFICATE OF INCORPORATION

I hereby CERTIFY that,

THE KILIMANI FINE & PRECIOUS


METALS LIMITED
is on this date 12 Oct 2017 Incorporated under the Companies Act, 2015 and that the Company is
a PRIVATE LIMITED COMPANY.

............................................................................
Registrar Of Companies

This is a system generated certificate. To validate this document send the word BRS to 21546

The Kilimani Fine & Precious Metals Limited

You might also like