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FULL CORPORATE OFFER
SELLERS LETTERHEAD
COUNTRY: Lima - Peru
LOI : Unnumbered
Subject: FULL CORPORATE OFFER 11082014
TO: xxxxxxxxxxxxxxxxxxxxxx
FROM: xxxxxxxxxxxxxxx
DEAR Mr. xxxxxxxxxxxxx
We, the company xxxxxxxxxxxxxxx., hereby state and represent that we confirm
with full legal and corporate responsibility under penalty of perjury that we are
ready, willing and able to sell and deliver the following unencumbered
commodity, as follows:
COMMODITY: Iron Ore Lumps
ORIGIN: Peru South America
PACKING: In Loose Bulk
QUALITY: 65% 64% Min
CHEMICAL COMPOSITION:
Fe: 65% - Rejection below 64%
SiO2: 3.5% MAX
Al2O3: 3.5% MAX
Phosorus: 0.1% MAX
Sulphur: 0.1% MAX
MOISTURE: 10.0% MAX (Loss at 105 degree)
PHYSICAL PROPRIETIES: 0 to 3 inches, mixed ore.
TOTAL QUANTITY: 360000.00 (three hundred and sixty thousand) M.T., for one
year. The total contractual quantity of the commodity sold and purchased
under this agreement is 360000.00 (three hundred and sixty thousand) total
Metric Ton being three hundred and sixty thousand (360000.00) per annum
being: thirty thousand (30000.00) Metric Tons per month with a variation of
plus/minus 5% (five percent) of Seller's and Buyer's option. This specified
quantity is equivalent to 1 (one) month's supply to be repeated for: twelve (12)
months.
DELIVERY PER MONTH: 30000 (thirty thousand) M.T.





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CONTRACT PERIOD: 12 months with Roll & Extension
TERMS OF DELIVERY: FOB Stowed, Port Pisco, South America, Peru.
PRICE: The fixed price to be USD. Ninety eight with 00/100 American dollars
(98.00) per Metric Ton by way of a telegraphic transfer (TT), bank via direct
deposit from the buyer to the seller's bank.
PRICE REVISION: Yearly
PAYMENT: Payment will be 100% of the total value of goods via TT (telegraphic
transfer) irrevocable, without restrictions, by a major bank in the world, payment
will be made no later than 24 hours after signing the contract between the
buyer and the seller, this will cover the first installment of 30,000 mt for the
second installment buyer paid 100% via TT confirmed a day after the first
shipment, and so on until the last few weeks of completion of contractual
relationship.
BONDS: The seller confirms that the higher iron ore to 65% ie 65.01% at most will
receive a payment of $ 2.00 per percentage point, which must be paid
immediately after DEL PERU by SGS certificate report.
PENALTY: If the iron ore was less than 64% ie 63.99% buyer will deduct $ 2.00 for
each percentage point.
PERFORMANCE BOND: The seller will not place performance bond (PB) of any
kind
PROCEDURE: the seller sent FULL CORPORATE OFFER 11082014.
INSPECTION: All shipments from the first to the last will be analyzed and certified
by SGS DEL PERU SAC. SGS DEL PERU is the only official entity in certificates of
quality and quantity of the product, the buyer may on your own if you want to
hire the services of SGS to certify the quality of the product.
CARGO SIZE: According to Contracts condition. The Seller shall have to
arrange vessel or vessels to the loading port as per lay-can time.
DELIVERY DATE: Delivery will be immediate payment of the contract, however,
the shipment shall be made at the time of the 30000 tm are crushed in grain
offered that is 0-3 inches between the transport process and crushing will be
used at least 30 days approximately, consequently the buyer and seller agree
that the first charge will be up within 45 days after receiving the payment.
This FULL CORPORATE OFFER 11082014 is for the exclusive benefit of the
addressee only and supersedes any previous FCO. This FCO cannot be
published or transferred.





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This FULL CORPORATE OFFER PERJEL11082014.is valid for a period of ten (10)
days, starting with the date of signature.
For and On Behalf of:
PERMIMET S.A.C.
Yours faithfully: Mr.

Xxxxxxxxxxxxxx
Manager
Passport No: xxxxxxxxx
Date of issue: xxxxxxxxxxxxxx
Country of Origin: Lima - Peru