48% Mexican and / or Brazilian Titanium ore

Commodity: 48% Titanium Mineral Ore. Guarantee of 48% minimum (base quality 50% -less than 48% rejection). Potential renewal of an additional 12 months.

Quantity: 50.000 MT in two shipments of 25.000 MT each one x 12 months for a yearly .Total of 600,000 MT.

We currently have available the following inventory:

PLANT

Size                Quantity (MTs)        Alfred KnightQuality

1/2 to fines         10,261.080                        31.44

3/8" + Mesh 20 13,680.770                        47.23

3/8 to fines         10,880.760                       42.72

20 to 0                    4,790.930                         30.3

A total of 39,613.52 MTs in different qualities.

Puerto Chiapas - API (Port Authoritybondedwarehouse)

Description    Quantity(MTs)     Alfred KnightQuality

Ilmenite       2,727.380                    48.64

Rutile               880.400                     52.94

Titanium      3,277.760                    44.94

Procesos Finos 2,318.290              39.51

A total of 9,203.83 MTs at Puerto Chiapas - Port Authority bonded warehouse ready to beshipped out - Need an additional of 15,796.23 MTs to complete a 25k MTs shipment whichcan be produced en 15 days.

Granulometry: 3/8" to 0 (fines).

Load port: Puerto Chiapas, Chiapas, Mexico.

Term: FOB Chiapas / FOB To be informed (Brazil

PAYMENT will be made via SBLC 100% of payment instrument will be released at load portAFTER quality and quantity of product has been certified by SGS, and master of vessel signsand seals bill of ladings.

2%PBG (PERFORMANCE BOND)To be delivered max. 3 days after bank of End seller receives DLC from bank of endbuyer