IndiaMines International

4, Sahakari Marg 3, Choubey Colony Raipur 1, Chhattisgarh

Tel +91.771.2255809 +91.771.2236809 Fax +91.771.2255384
http:/ / www.indiamines.in coal@indiamines.in

Page 1 of 2 Generated on: 22-01-14
INTENT TO PURCHASE
Peruvian Anthracite 92% FC Rejection 85% FC

Date of Issue: Wednesday, 22 January 2014
Valid Until: Stock Valid

Being I nquired Through Enrique Fernandez



1. COMMODITY: Peruvian Anthracite Coal
2. SPECIFICATION: Fixed Carbon 92%, Minimum 88% Rejection 85%
3. ORIGIN: Salaverry Port, Peru, South America
4. INSPECTION: At Sellers Expenses at Port of Loading
5. QUANTITY: 30,000 MT/month or More for 60 months.
6. PRICE: USD 80/MT loaded onto Vessel.
7. TYPE OF CONTRACT: Five Year Contract FOB Loaded onto Vessel Basis
8. DELIVERY: FOB
9. UNLOADING PORT: Per Buyers Choice.
10. PERFORMANCE BOND: SELLER PAYS EXPENSES IF DEAL INVALIDATED
11. SHIPMENT DATE: Contract to be signed immediately upon meeting.




SPECIFICATION:


















Parameter Guaranteed Rejection Remark
Inherent Moisture (ARB) < 9.00 % > 9.0 % Max
Ash (ARB) < 11.50 % > 11.50 % Max
Volatile Matter (ARB) Up to 5.00 % - -
Total Sulphur (ARB) < 0.80 % > 1.00 % Max
NCV (ARB) > 7000 Kcal/kg - -
GCV (ARB) > 7400 Kcal/kg - -
GCV (ADB) > 8500 Kcal/kg - -
HGI 84 - -
Size (0-20mm) > 90.00 % < 90.00 % Min
IndiaMines International
4, Sahakari Marg 3, Choubey Colony Raipur 1, Chhattisgarh
Tel +91.771.2255809 +91.771.2236809 Fax +91.771.2255384
http:/ / www.indiamines.in coal@indiamines.in

Page 2 of 2 Generated on: 22-01-14
PAYMENT TERMS:
1. Documentary Letter of Credit.

PROCEDURES:

1. The Seller issues FCO and NCNDA/IMFPA to the Buyer.
2. The Parties must execute the sale / Purchase Contract for mutual agreement and
exchange by UNCITRAL (electronic mail). These copies are considered binding to all
parties.
3. The Buyer shall sign the contract and present the same to the Seller for signature. Once
signed by both parties, all payment funding must be in place within 45 days of last
signature date.
4. After reception by seller of the buyers funds and verification that the amount matches
the contract terms, the performance Bond (if any) automatically become operative at
that time.
5. The First shipment (FOR) will commence no later than 15 days from the date of the
clean and clear funds. The remaining consignments will be shipped within each 30
(thirty) day period as defined in Section 4 above.
6. Effect of payment for each consignment shall be effected within 3 (three) banking days
of the due date.
7. Upon clearance of funds received at the advising bank of the Seller, the Seller shall pay
commissions, professional fees, shipping fees, yard fees and other payments required to
be discharged by the Sellers mandate. Each party shall be responsible for the settlement
of its own agents, commissions and fees under Fee Protection Agreement to be issued to
individual agents intermediaries and advisers on a shipment by shipment basis.



Contact Details for Consignment:

Pankaj Saraf
Chairman and Managing Director,
Devanshi Group of Companies
(Principal of Mineforte Inc., Holding Company of India Mines International)
Pankaj.saraf@indiamines.in
Cell (US): +1.60769.99099 and +1.57196.97995
Cell (India) + 91.99933.97995
Landline (US): +1.646.504.6211