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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
Topglory Mining Company Limited
Plot no. 20, East Fashion Flat, President Avenue Centre, Town Ndola

Contract Number:
SAFAL/P/MN ORE/01.04/2021

Supplier's Ref/Order No:
SAFAL/P/MN ORE/01.04/2021

Dispatch Through:
Buyer hired trucks

Dated:
01 Jan 2021

Mode/Terms of Payment:
100% after dispatch and testing at SAFAL lab

Destination:
SAFAL, Kanona

Delivery Period:
Jan - Feb 2021

Other Reference(s):

Terms of Delivery

Ex Mine loaded on trucks with documents - MRT INCLUSIVE

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

Specifications: Mn- 40% Min
Size: 10-100MM (95% Min)
01 Jan 2021 2500 45 MT 112,500.00
VAT 16% 16 % 18,000.00
Total 2500 USD 130,500.00

E & O.E

Amount Chargable (in words)
US Dollar One Hundred Thirty Thousand Five Hundred

Remarks:

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Authorised Signature