*Disclaimer Commodity trading 
 *Commodity trading and cash trading constitutes the requirement of licensing by federal authorities in order to deal in these products. Please be advised that JEFAM LLc. is not so licensed and will only participate in a transaction that is solicited and/or transacted by banks, brokerage houses, dealers, or those licensed to deal in these products. JEFAM Llc is only acting herein as a referral agent to those who are licensed to so act.
*Privately managed buy/sell trading platforms constitutes the requirement of licensing by federal authorities in order to deal in these investment opportunities. Please be advised that JEFAM Llc. is not so licensed and will only participate in a transaction that is solicited and/or transacted by banks, licensed provider institutions, or those lice nsed to advise investors in these programs. JEFAM Llc. is only acting herein as a referral agent to those who are licensed to so act.
____________________________________________________________________________________________________________________________

___________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

_____________________________________________________________________________________
Product : Gold Bullion
Date March 26, 2026
Ref# Chad/JE03262026
Commodity: International precious metal HS71081200 in bars, importable and exportable worldwide original GLD registered AU Bars in 1 Kg and 12.5 Kg weight (GLD expired). Customs tariff numbers/ harmonized system codes: 7108, 71081200, 71081300, various origins. 

Packing: On pallets. 
Specifications: A minimum purity of 99.95% or better. 
Quantity & Terms: Availability of >2000 MT and or TBD with an initial test tranche of 400 
Kgs followed by tranches of 200 MT or TBD (covered by a payment guarantee) and  
subsequent lifts (if required by the Buyer) will be on a mutually upon agreed schedule. 1 
year contract with rolls & extensions.
 
Discount: -12.0% gross / -9.0% net LBMA 2nd fix 
Delivery: The AU Bullion is liftable. As per Buyer’s request, it may be handled on a simple 
title transfer basis. (All required documentation shall be provided with the title transfer.) 
Consultancy Fee: 3% commission paid by the Seller via Seller’s Bank as appointed, (paid per IMFPA to the paymasters) 1.50% paid by Seller-to-Seller Representatives; Closed 0.50% / 0.50% / 0.50% paid by Seller to the Consultants / Intermediaries; Open.

___________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

_____________________________________________________________________________________
Product : Gold Bullion
Date March 26, 2026
Ref# Chad/JE03262026
Commodity: International precious metal HS71081200 in bars, importable and exportable worldwide original GLD registered AU Bars in 1 Kg and 12.5 Kg weight (GLD expired). Customs tariff numbers/ harmonized system codes: 7108, 71081200, 71081300, various origins. 

Packing: On pallets. 
Specifications: A minimum purity of 99.95% or better. 
Quantity & Terms: Availability of >2000 MT and or TBD with an initial test tranche of 400 
Kgs followed by tranches of 200 MT or TBD (covered by a payment guarantee) and  
subsequent lifts (if required by the Buyer) will be on a mutually upon agreed schedule. 1 
year contract with rolls & extensions.
 
Discount: -12.0% gross / -9.0% net LBMA 2nd fix 
Delivery: The AU Bullion is liftable. As per Buyer’s request, it may be handled on a simple 
title transfer basis. (All required documentation shall be provided with the title transfer.) 
Consultancy Fee: 3% commission paid by the Seller via Seller’s Bank as appointed, (paid per IMFPA to the paymasters) 1.50% paid by Seller-to-Seller Representatives; Closed 0.50% / 0.50% / 0.50% paid by Seller to the Consultants / Intermediaries; Open.

___________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

_____________________________________________________________________________________
Product : Gold Bullion
Date March 26, 2026
Ref# Chad/JE03262026

(AU) GOLD BULLION
1KG AND 12.5 KG GOLD BULLION BARS ALL HALLMARK
INTERNATIONALLY RECOGNIZED AND ACCEPTED, LBMA
NON-CRIMINAL
OVER 5 YEARS OLD
CURRENT LOCATION: NEW YORK CITY, BANK VAULT(BANK OF AMERICA)
PRICE & DISCOUNT: LBMA MINUS 12% GROSS | 9% NET

DELIVERY :

COMMISSION: 3% TOTAL / 1.5% SELL SIDE {CLOSED) 1.5% BUY SIDE
FOB NEW YORK
TERMS: BANK-TO-BANK OR LEDGER-TO-LEDGER
QUANTITY: 500 METRIC TONS WITH R&E
TRANCHES TRIAL TRANCHE MIN. 1MT, TRANCHE SIZE MIN. 5MT

PROCEDURE

1. Initial Documentation
* Buyer sends his LOI + CIS
* Seller then sends draft SPA

___________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

_____________________________________________________________________________________

Product : Gold Bullion
Date: April 1ST, 2026
Ref# DS/JE04012026
Commodity: International precious metal HS71081200 in bars, importable and exportable worldwide original GLD registered AU Bars in 1 Kg and 12.5 Kg weight (GLD expired). Customs tariff numbers/ harmonized system codes: 7108, 71081200, 71081300, various origins. 

Packing: On pallets. 
Specifications: A minimum purity of 99.95% or better. 
Quantity & Terms: Availability of >2000 MT and or TBD with an initial test tranche of 400 
Kgs followed by tranches of 200 MT or TBD (covered by a payment guarantee) and  
subsequent lifts (if required by the Buyer) will be on a mutually upon agreed schedule. 1 
year contract with rolls & extensions.
 
Discount: -12.0% gross / -9.0% net LBMA 2nd fix 
Delivery: The AU Bullion is liftable. As per Buyer’s request, it may be handled on a simple 
title transfer basis. (All required documentation shall be provided with the title transfer.) 
Consultancy Fee: 3% commission paid by the Seller via Seller’s Bank as appointed, (paid per IMFPA to the paymasters) 1.50% paid by Seller-to-Seller Representatives; Closed 0.50% / 0.50% / 0.50% paid by Seller to the Consultants / Intermediaries; Open.

PROCEDURE
1. Initial Documentation
* Buyer sends his LOI + CIS
* Seller then sends draft SPA

____________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

______________________________________________________________________________________
Product : Gold Bullion
Date March 26, 2026
Ref# Chad/JE03262026

(AU) GOLD BULLION
1KG AND 12.5 KG GOLD BULLION BARS ALL HALLMARK
INTERNATIONALLY RECOGNIZED AND ACCEPTED, LBMA
NON-CRIMINAL
OVER 5 YEARS OLD
CURRENT LOCATION: NEW YORK CITY, BANK VAULT(BANK OF AMERICA)
PRICE & DISCOUNT: LBMA MINUS 12% GROSS | 9% NET

DELIVERY :

COMMISSION: 3% TOTAL / 1.5% SELL SIDE {CLOSED) 1.5% BUY SIDE
FOB NEW YORK
TERMS: BANK-TO-BANK OR LEDGER-TO-LEDGER
QUANTITY: 500 METRIC TONS WITH R&E
TRANCHES TRIAL TRANCHE MIN. 1MT, TRANCHE SIZE MIN. 5MT

PROCEDURE

1. Initial Documentation
* Buyer sends his LOI + CIS
* Seller then sends draft SPA

_____________________________________________________________________________
 SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

_____________________________________________________________________________________________
Product : Gold Bullion
Quantity: 5,000MT metric tons (MT)
Specifications: New gold bullion bearing Refinery & Essayer (R&E) hallmark
Age: Less 5 years from hallmark date
Pricing Structure: 12/9 formula with buyer paid commissions of 3%..
Ref: Chad/JE/03262026
PROCEDURE
COMMODITY (AU) GOLD BULLION
SIZE 1KG AND 12.5 KG GOLD BULLION BARS
HALLMARK INTERNATIONALLY RECOGNIZED AND ACCEPTED, LBMA
ORIGIN OF GOLD NON-CRIMINAL
AGE LESS THAN 5 YEARS
CURRENT LOCATION NEW YORK, USA
DELIVERY TERM FOB NEW YORK
PRICE & DISCOUNT LBMA MINUS 11% GROSS AND 8% NET
COMMISSION 3% TOTAL,
  1.5% SELLER (CLOSED), 1.5% BUYER SIDE (OPEN)
TYPE OF DEAL LEDGER TO LEDGER OR BANK TO BANK
CAPACITY 5,000 METRIC TONS WITH POSSIBLE R&E
TRANCHES FEW TRANCHES AS AGREED, MIN. 1000 MT
March 26th 2026 

__________________________________________________________________________________________
SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

______________________________________________________________________________________
Product : Gold Bullion
Quantity: 236 metric tons (MT)
Specifications: New gold bullion bearing Refinery & Essayer (R&E) hallmark
Age: Over 5 years from hallmark date
Pricing Structure: 18/15 formula with buyer paid commissions of 3%..
Ref: BRCE/JE/03262026
Discount:
• information regarding the Bullion stocks worldwide,
• the requirement to sign two contracts at the Kloten TTM; (236 MT of New Gold Bullion with R&E hallmarked less than 5 Years offered at a gross discount of 8% less buyer paid commissions of 2% and 1,000 MT of Old Gold Bullion with R&E hallmarked over 5 years offered at a gross discount of 18% less buyer paid commissions of 3%.
SOFT CORPORATE OFFER (SCO)
Please note:
• The two contracts are signed at Seller's Kloten Warehouse Zurich, closed and initiated at the Buyer's
bank: however, the bullion can be delivered to Buyer's designated location.
• Seller has additional stocks Gold Bullion stocks in over 50 countries
• Seller can provide refinery and logistical services
March 26th 2026 

__________________________________________________________________________________________________________
SOFT CORPORATE OFFER (SCO)
Title transfer at UBS Bank of Switzerland, Geneva, Switzerland 
SKR title change via bank records
Payment to be made via MT103, within 24 hours of confirmed title transfer.
 Documents to be provided By Seller
1. Safe Keeping Receipt (SKR)
Il. Bank Agreement the Addendum
III. Custodial Safekeeping Certificate of Gold
IV. Deposit DFC Certificate
V. Certificate of Gold
VI. Certificate of Ownership
VII. Power of Attorney

March 23rd 2026 

__________________________________________________________________________________________
Deliver term: UBS BANK ZURICH, 
SECURITY WAREHOUSE VIA BANK TO BANK
Quantity available: 60,000 MT
TRIAL TRANCHE AS AGREED, between Seller and Buyer
WITH ROLLS & EXTENSIONS
Ref: LDY/JE/03252026
Discount:  LBMA MINUS 12% GROSS AND 9% Net to client
Age:  MORE THAN 5 YEARS
PAYMENTS IN JAPANESE Yen (¥) / US Dollar ($) bank designated by the Seller
SOFT CORPORATE OFFER (SCO)
Based on this SCO Draft, NCNDA is signed(as attached), the Buyer provides the following documents:
LOI (Letter of Intent) on the End Buyer's Letterhead,
CIS (Company Information Sheet), including the Bank Account Information with the Buyer's Bank Officer Details, Copy the Passport & Company Certificate
ATV draft to be filled and signed by the Buyer (Template attached)
Duly filled in and signed copy of Purchase Application Sheet (Template attached).
Also If required, the Buyer's Bank POF RWA Letter can also be requested if the Seller asks for the same for Initial due diligence based on the first package submission by the Buyer
2. The Seller's Bank Officer will contact Buyer's Bank Officer in Zurich (Buyer's Bank
Officer Name must be indicated in the Bank Details in CIS
(The Seller will inform the buyer when and who of bank office will contact buyer's bank officer in advance)
3. After both Officers verified POP (Proof of Product) and POF (Proof of Funds). (All people involved to fill out
IMFPA)
4. Signature by both Parties of the SPA (it will be done remotely. The seller will not arrange TTM, all paper works will be done both side bank officers)
5. The SPA is lodged in both side banks by both Parties
6. The transaction will be executed, payment will be settled, and ownership will be transferred
7. The Seller will pay the Commission to ALL the Parties and Consultants involved

March 25rd 2026 

____________________________________________________________________________________________________
Deliver term: ZURICH, SWITZERLAND - LONDON, UK – FRANKFURT
Min. 2,000 METRIC TONS UP TO 50,000 MT
TRIAL TRANCHE AS AGREED, TRANCHE SIZE MIN. 500 MT
WITH ROLLS & EXTENSIONS
Ref: CHARI/JE/03232026
Discount:  LBMA MINUS 11% GROSS AND 8% Net to client
Age:  LESS THAN 5 YEARS
SOFT CORPORATE OFFER (SCO)
Payment : Bank-to-Bank Payment
Once the gold has been verified, Buyer executes the bank payment for the first
tranche, typically via MT103
Title Transfer
Verified payment → Seller orders release.
The Seller transfers the Title of Ownership to the Buyer for:
   •    The corresponding quantity of bars
   •    Updated custody documentation
   •    Updated SKR in the Buyer’s name

March 23rd 2026 

________________________________________________________________________________________
Deliver term: FOB DUBAI 
800 Kg. with roll and extensions
Ref: SHARI/JE/03202026
Discount:  LBMA MINUS 10% GROSS AND 7% Net to client
Age:  More than 5 Years Old or Newly refined
SOFT CORPORATE OFFER (SCO)
Payment : Guarantee payment by L/C from Dubai Buyer’s bank to Seller’s bank (Bangkok Bank Thailand). And Payment by MT103 cash transfer when issuance of the final assay report.
Document : Certificate of Ownership/Origin
Commercial Invoice, Export License, Customs clearance certificate, Certificate of Assay Report, Original and/or In-house Air waybill
Certificate of purity/packing list.
March 20th 2026 
Shari/JE

________________________________________________________________________________________________________________
Transaction Location: London, HK, Switzerland
● Clearing Bank: HSBC London, HK UBS Switzerland ● Reference Price: LBMA Spot
Min. 5,000 METRIC TONS/ Max.20,000 MT 
Bank Charges: SKR bank fees to be borne by the Buyer
Ref: Shari/JE/03202026
Discount:  LBMA MINUS 12% GROSS AND 9% Net to client
Age:  Less than five (5) years
SOFT CORPORATE OFFER (SCO)
Bank Verification & Payment Ability / Proof of Funds and Proof of Product MT600
The Buyer will instruct his Bank Officer to provide proof of funds to the Seller's Bank Officer in exchange for the Proof of Product (MT 600).
The bank officers confirm that the buying party has sufficient funds to cover the transaction and that the selling party has the verified SKRs required to cover the transaction.

March 20th 2026 

________________________________________________________________________________________________
Deliver term: FOB ZURICH
Min. 2,000 METRIC TONS/ +20,000 MT 
WITH ROLLS & EXTENSIONS
Ref: Shari/JE/03202026
Discount:  LBMA MINUS 11% GROSS AND 8% Net to client
Age:  Less than 5 years
SOFT CORPORATE OFFER (SCO)
Bank Verification & Payment Ability / Proof of Funds and Proof of Product MT600
The Buyer will instruct his Bank Officer to provide proof of funds to the Seller's Bank Officer in exchange for the Proof of Product (MT 600).
The bank officers confirm that the buying party has sufficient funds to cover the transaction and that the selling party has the verified SKRs required to cover the transaction.

March 20th 2026 

____________________________________________________________________________________
Deliver term: FOB NY, USA, 
10,000  METRIC TON SKR TAKEOVER
Ref: JK/JE/03182026
Discount:  LBMA MINUS 12% GROSS AND 9% Net to client
Age:  Less than 5 years
SOFT CORPORATE OFFER (SCO)
SWIFT MT103 or Ledger to Ledger 
(Citi Bank only)
March 19th 2026 
JK/-JE

______________________________________________________________________________________________________
Deliver term: FOB DUBAI, ZURICH, LONDON, USA, and HK OR CIF TO ANY OTHER INTERNATIONAL AIRPORT
500kg to 100 METRIC TON
Discount: LBMA MINUS Less than 5 yeard 12% GROSS AND 9% 
More than 5 years LBMA MINUS 14% GROSS AND 11% 
SOFT CORPORATE OFFER (SCO)
SBLC / BG MT760
DLC MT700
March 16th 2026 
DS/-JE

                                                                                                                                         

Deliver term: FOB NEW YORK
5,000 METRIC TONS WITH POSSIBLE R&E
Discount: LBMA MINUS 11% GROSS AND 8% NET FOR 5000 MT
LBMA MINUS 18% GROSS AND 15% NET FOR 6000 MT MIN
SOFT CORPORATE OFFER (SCO)
LEDGER TO LEDGER OR BANK TO BANK
March 12th 2026 
JK/-JE

                                                                                                                                         

Deliver term: SKR Takeover Bank Officer to Bank Officer (BO-to-BO) 
Bank Of America/ NYC.
Discount: 9% Gross 6% Net to client
SOFT CORPORATE OFFER (SCO)
SKR Takeover
March 10th 2026 
DS/-JE

                                                                                                                                         

Deliver term: Fob Germany or delivered to any location
COLLATERAL: Seller will put up the equivalent amount of gold bullion that is being purchased with a joint SKR between the Buyer and the Seller.
Discount: 18% Gross 15% Net to client
SOFT CORPORATE OFFER (SCO)
SKR Takeover
March 8th 2026 
DS/JK-JE
Gold is refined, less than 30 days old, with a hallmark and serial number placed on the gold bar

                                                                                                                                         

Deliver term: BOA, NYC. USA
Less than 5 Years
SOFT CORPORATE OFFER (SCO)
Bank to Bank, Ledger to Ledger, MT.103 Operation 
March 6th 2026 
JK-JE
LESS THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                         

LONDON, ZURICH, DUBAI & HONG KONG
Less than 5 Years
SOFT CORPORATE OFFER (SCO)
Bank to Bank Operation 
February 2026
JK-JE
LESS THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                               

FOB – Secure Warehouse Hong Kong, port FTZ (INCOTERMS 2010)
Assayed Certificate less than Five (5) years
SOFT CORPORATE OFFER (SCO)
Bank to Bank Operation 
February 2026
BRY/Roy-JE
LESS THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                                 
 

FOB NEW YORK – SWISS – DUBAI – HONG KONG
SUBJECT: Seller’s offer to sell 7,950MT FOB NEW YORK – TO BANK JP MORGAN CHASE, Gold Bullion (Au)
Assayed Certificate Over Five (5) years
SOFT CORPORATE OFFER (SCO)
Stock held in a prime custodian an Bank vault /Private warehouse; Address shall be detailed in the Safe - Keeping - Receipt (SKR).
February 2026
BRY/Roy-JE
OVER THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                                      
 
JK/JE
Fri. Feb 27
Gold Bullion NEW YORK CITY, BANK VAULT(BANK OF AMERICA)
Ref. (NYC-500MT-KK-AD-28.01.26)
Assayed Certificate Over Five (5) years
SOFT CORPORATE OFFER (SCO)
Quantity: 500 METRIC TONS WITH R&E 
Price & Discount: LBMA MINUS 18% GROSS | 15% NET
OVER THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                                
 
JK/JE
Fri. Feb 27
Gold Bullion NEW YORK CITY, BANK VAULT(BANK OF AMERICA)
Ref. (Offer code: FR 0226)
Assayed Certificate Over Five (5) years
SOFT CORPORATE OFFER (SCO)
Quantity: 500 METRIC TONS WITH R&E 
Price & Discount: LBMA MINUS 12% GROSS | 9% NET
OVER THAN 5 YEARS. MINIMUM 99.95% (999.5/1000) or HIGHER

                                                                                                                                                    
 
ED. TKR/JE
Fri. Mar. 5
Gold Bullion Spot Sale in New York, USA In-Bank or Bank to Bank
Ref. (FOD-W-CM-UH 0626)
Assayed Certificate Less than Five (5) years
SOFT CORPORATE OFFER (SCO)
Quantity: 5,000 METRIC TONS WITH R&E 
TYPE OF DEAL LEDGER TO LEDGER OR BANK TO BANK
CAPACITY 5,000 METRIC TONS WITH POSSIBLE R&E
TRANCHES FEW TRANCHES AS AGREED, MIN. 1000 MT