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Purchase Contract

Invoice To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Dispatch To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Supplier
Blue Ocean Minerals & Metals Ltd
Plot 397 A, Makeni,, Lusaka

Contract Number:
SAFAL/P/MN ORE/11.39/2021

Supplier's Ref/Order No:
SAFAL/P/MN ORE/11.39/2021

Dispatch Through:
SUPPLIER HIRED TRUCKS

Dated:
17 Nov 2021

Mode/Terms of Payment:
Upon delivery at SAFAL plant and testing of the material

Destination:
SAFAL PLANT KANONA

Delivery Period:
immediate

Other Reference(s):

Terms of Delivery

Delivered Kanona, loaded with documents MRT exclusive

Sr. No Description of Work Due Date Quantity Rate Unit Amount
1 Manganese Ore

Specifications: MIN 38%
Size: 0-50MM (90% Min)
17 Nov 2021 10000 90 MT 900,000.00
VAT 16% 16 % 144,000.00
Total 10000 USD 1,044,000.00

E & O.E

Amount Chargable (in words)
US Dollar One Million Forty-four Thousand

Remarks:
Each truck to have mining license copy, Police clearance & council receipt

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Authorised Signature