Uganda _Congo gold

Contract No: SSL/2024/11/07

SALE & PURCHASE AGREEMENT

This agreement is for first Trial shipment of Three (400) Kilograms and further Monthly
shipment of fifty (500) Kilograms Raw Gold 96+% minimum located in Kampala according
to conditions of this agreement between, ……………………………….. represented by
…………………………., hereinafter referred to as “Seller” and ………………………………
Hereinafter referred to as “Buyer” on this 7th day of November, 2024 herein after referred
to as “Agreement Date”

This agreement is made and entered into the day of notarization, by and between the
parties specified below, and if formally accepted, this full agreement will be held as
binding forthwith.
THE SELLER
Company Name
Office Address
Represented by
Title
Passport Number
Country
Email / Telephone

THE BUYER
Company Name
Office Address
Represented by
Title
Passport Number
Country
Email / Telephone

Seller: Buyer:
WHEREAS: The Seller agrees by signing this SPA Contract with full corporate and legal authority, represents
and warrants they can fulfill the requirements of this Sales and Purchase Agreement (SPA) , to sell USA Gold
in the form of Dore Bars or Nugget [hereinafter referred as “Raw Gold”].
WHEREAS: The Buyer agrees by signing this SPA Contract with full corporate and legal responsibility, that
they are ready, willing and able to process and purchase the Sellers Raw Gold as per the terms and conditions
and this Sales and Purchase Agreement (SPA).

WHEREAS: The Buyer hereby agrees and makes an irrevocable firm commitment to purchase 400Kilograms as
a trial and a monthly quantity of 500kgs of Gold 96% min.

CLAUSE 1 - SCOPE OF THE AGREEMENT

1. The Seller, under full legal authority and responsibility, represents that he has the
clear and qualified right to sell raw Gold, delivered at a minimum purity of 96%
guarantee.
2. The Buyer, under full corporate authority and responsibility, represents that he has
the full financial capability to purchase the Gold and pay for it once it is delivered.
3. This Agreement is Non-Transferable, Non-Assignable by both/any of the parties
unless agreed in writing.
4. The Buyer will decide the company which will ship the Gold.

The Seller with full corporate authority under the penalty of perjury and responsibility and also declares that
he has the capability and unrestricted right to sell the Gold and Guarantees that he is capable to legally
export the Gold to UAE ........................ whereas the Buyer will have his final assay report and also make
final payment to Seller. The Seller agrees to deliver all compliance documentation under the terms and
conditions of the S.P.A rules including all product reports.

CLAUSE 2 - COMMODITY SPECIFICATIONS

a) Commodity Form: Gold Dore Bars.
Seller: Buyer:
 b) Purity: 96% AU Dore Bars Higher
c) Supply Purity: Minimum 23 Karat plus
d) Supply Quantity:
 First, Trial of Three (3) Kilograms
 Per monthly: 50 kilograms per 12 monthly
e) Fix Price: $ 61,000 USD per Kilogram, CIF to Buyer’s refinery..................
f) Origin of Gold: Uganda
g) Delivery Schedule: CIF (as per ICC – INCOTERMS 2010)
h) Discharge: CIF –.......................... International airport in..
i) Packaging: Export Metal Boxes suitable for Airfreight
j) Inspection: USA
k) Payment: Payment will be by Cash or Crypto paid within twenty four hours after final assay test report
is received by Seller and Buyer for Final Payment

CLAUSE 3 - LEGALITY

1. CURRENCY: Referenced Currency in this Agreement is to be in US DOLLAR.

2. CLEAR TITLE: The Seller confirms and warrants that the Title of the “GOLD” to be
sold herein will be free and clear of all liens and encumbrances including IMG, IMF
and World Bank, except to the purchase price on the date of the release of “GOLD”
to the Buyer.
3. SELLER’S WARRANTY:
The Seller warrants with full legal responsibility under penalty of perjury, that he
has full power, right, title authority and ability to enter into this SPA to sell and
deliver the commodity specified herein and that the said commodity has no
criminal origin; being fully able to perform all Seller’s obligations under this SPA.

4. BUYER’S WARRANTY:
The Buyer warrants with full legal responsibility under penalty of perjury that he is
ready, willing and able to purchase the said commodity, with funds, certified as
good, clean, clear; not proceeds from criminal origin; being fully able to perform all
Buyer’s obligations under this SPA.
Seller: Buyer:
5. QUANTITY
First, Trial one set of 400 Kilograms and 500 Kilograms per Month of for 12 months. The
Seller and Buyer shall agree that the Contract terms will be maintained during (1) one
year and Contract period can be extended up on both parties’ agreement.

6. QUALITY AND PURITY

Min. 96+% of Purity 23 Karat AU Dore Bars

7. PRICE
1.The Price per Kilograms of the Product shall be US $420,00 (forty two Thousand US
dollars). Gold at 96% purity once smelted and refined will sell for a price mutually agreed
upon by the parties but the price USD $42,000 per Kilogram of 96% gold on day of final
assay report, minus Fees as agreed upon by the Parties.
2. Both parties agGOLD BAR WHOLESALE SUPPLIER IN UGANDA { UGANDA-CONGO GOLD
MINING LTD :

If you're trying to find high-quality Gold Bar in Uganda, then you would like to go to Village
Local Miners Community which is one amongst the reputed manufacturers of the huge
collection of Gold Bar in Uganda. we all know the worth of quality and go an additional mile
to produce our patrons with the best quality materials in Uganda.
SMOOTH DELIVERY ON TIME IN UGANDA
Along with the superior quality of Gold Bar, we also confirm of the packaging process. We
involve high-tech packaging machines which give barrier protection against dust, moisture,
and any reasonably mechanical damage while transportation. Not only this, we perform
smooth and fast delivery of our Gold Bar range within the decided period of time
in Uganda.
+256 788108074
Seller: Buyer:
ree that on successful conclusion of the first trial shipment, the parties shall sit and
agree on a discounted price for the subsequent shipments.

8. DELIVER: CIF (as per ICC - INCOTERMS 2010)

The Seller shall provide all required official documents that will be required by Buyer for
Custom and importing clearance in country of destination

The Buyer shall be responsible for all expenses related to the verification and
testing of the product at destination, the refining of the Gold and the publication of the
assay report.

9. TAXES, CUSTOMS DUTIES AND FEES

1. The Buyer agrees to advance 40%(forty percent) of the total consignment value to
the seller to be used to clear all customs taxes, export cost, insurance and freight
costs for the Raw Gold in the country of origin. (Royalties, Domestic customs
clearance, local transport, insurance and processing fees)
2. The Final and full payment of 60% shall be made by the buyer upon acquisition of
final assay report from the buyer’s refinery.

3. The Buyer shall pay any and all taxes charged in the country of destination as
normal procedures. (Domestic customs, customs clearance in USA, local
transport and processing fees shall be paid by Buyer)

10. REFINERY & DELIVERY PLACE & PLACE

1. Refinery place: Buyer choice
2. Discharge Destination: USA
The delivery of the Au-Gold shall be done in Four (4) calendar days and shipped to
destined airport located in USA
Seller: Buyer:
11. PAYMENT TERMS AFTER DELIVERY
Shipment shall be as bellow:-
 Payment for the Gold shall be made by cash or Crypto, within 12 hours after
receipt of final assay report from the refinery or the receipt of the account details,
whichever is the later.
 The event of any delay on the part of the Buyer in paying for the Commodity, the
Buyer will be liable to a fine of US $1,000 per day
 The Final Price shall be calculated as the Price (Final Assay weight in kilograms of
gold at 96% purity or better as assessed by the Buyer’s Refinery after refining
multiplied by the Price per kilogram) less any amounts paid by the Buyer that are
to be rebated under this Agreement.

Seller: Buyer:
12. TRANSACTION PROCEDURES:
 Seller shall upon signing of this contract shall process and when ready provide the
Commodity’s legal documents including:
a) Certificate of Origin
b) Export Permit;
c) Assay report from Uganda;
d) Declaration that the Commodity is conflict free gold as guided under the ICGLR – RCM
Regulations of Uganda;
e) Commercial Invoice;
f) The blocker will be awarded $3000 as standard commission fee , for the job done from the sellers
side ,

 Upon receipt of the full purchase amount, Seller relinquishes ownership of the
Commodity to buyer, thereby the successful delivery and settlement of this
transaction.

14. CHANGE OF OWNERSHIP:

 The Seller hereby authorizes the Buyer to change the ownership details on
certificate of ownership of the Commodity upon deposit at the Buyer’s refinery.
 The Seller further authorizes the Buyer to deposit the proceeds of the sale of the
Commodity on the Buyer’s account immediately after the sale of the Commodity.
 Provided always that the Buyer shall pay the Seller for the Commodity within
Twelve (12) hours after the final assay report is issued by the Buyer’s refinery
where the Commodity is deposited.

15. NOTICES
Any and all notices required to be given by one party to the other party to this
Agreement shall be in writing or by email, directly to the parties referenced herein. All

Seller: Buyer:
notices MUST be followed by telephone or Skype or WhatsApp conversation to assure the
notice was received on time

Seller: Buyer:
16. FORCE MAJEURE
The parties hereto shall not be liable for any failure to perform in the event of force
majeure clauses as stated in the Standards/Publications of the International Chamber of
Commerce (ICC), Paris.

17. NON-CIRCUMVENTION and NON-DISCLOSURE

Buyer and Seller acknowledge that the harm to the other party would be substantial and
therefore the Seller and Buyer agree to abide by the Customary International rules of
non-circumvention and non-disclosure as established by the International Chamber of
Commerce in Paris, France for a period of five (5) years from the date hereof. Said Non-
circumvention and non-disclosure shall include, but not be limited to communicating with
each other’s banks, refiners, representatives of Buyer dealing with Customs, brokers or
Seller’s mandate. The understanding and accord of this subparagraph will survive the
termination of this Agreement.

18. SIGNATORIES
Each of the parties hereto confirms, with full legal responsibility, that each has full legal
and lawful authority to execute this Contract and therefore all terms and conditions shall
be fully binding. The parties have entered into this Contract in good faith and each shall
use its best efforts in the full spirit of co-operation to promptly achieve the purpose set
forth herein. A facsimile/email of this Agreement shall be deemed legally binding as
being fully executed in accordance to the parties herein and to include their heirs,
executives, administrators and assignees.

19. - EXECUTION OF THIS AGREEMENT

Seller: Buyer:
The Terms of this Agreement shall be confirmed and signed by the Buyer and the Seller
via facsimile or e-mail. Said executed facsimile or e-mail shall be binding and initiates
and concludes the legal liabilities between Buyer and Seller of this Contract.

Both parties, Buyer and Seller have read and approved all terms of this Contract.
20. – SELLER AND BUYER SIGNATORY
Authorized Signatory:
As The “Seller”: As The “Buyer”:

………………………………………… …………………………………………
NAME :. NAME :
NATIONALITY : NATIONALITY :
PASSPORT : PASSPORT :
DATE : DATE :

>>> END OF AU GOLD BARS AGREEMENT <<<

Seller: Buyer: