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Agreement Delivery of Pre-Purchased Gold Operational Control The G1X Token Unique Concept

The initial funding to the mines, or the Advanced Purchase Amount, is usually an average of USD 500,000 to USD 1,000,000 for Cooperatives, and an average of USD 10,000 to USD 50,000 for small mining communities. This funding covers all the financial requirements of the artisanal mining operation. It allows them to vastly increase efficiency and profitability and, more importantly, achieve a sustainable and safe way to operate socially and environmentally.

As part of the Contract Mining agreement, the ASGMs (Artisanal and Small Gold Mines) not only obtain the necessary funds required for an effective re-boot of their operations, but also benefit from additional logistical support provided by GoldFinX and its board of experts.

Once each Contract Mining agreement starts operating, the mine delivers in priority to GoldFinX the pre-purchased gold. This delivery will include a premium of 15%.

Once the pre-purchased volume is delivered over a short period of time, the mines also, as per the agreement, share 20% of their production in gold with GoldFinX for the rest of the economic life of the mine.

The equipment and systems co-selected and approved by GoldFinX provide efficient means to monitor and control the production and volume of gold extracted. The mobile stations are equipped with sensors monitoring the flow of slurry-soil treated, working hours, GPS location and movement, magnetic resistance for gold estimation, and other telemetric data, including video and still images of the stations at critical areas.

Additionally, as per the contract mining agreement, GoldFinX has on-the-ground personnel for audits, security, and logistics related to the gold expedited to the refinery, management support, as well as NGO and local government coordination.

The Contract Mining agreements, which include a production share of 20% of the gold mined, guarantee a steady flow of revenues. GoldFinX builds a liquidity pool financed by the free cash flow generated by the company and the proceeds of the sale of the token on the market. This liquidity pool will be used to buy the token back on the market at favorable times.