Dear Sir or Madam, Thank you. OFFER ISSUED BY : REGISTRATION NUMBER : per FTN Exporting Australia

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1 FTN EXPORTING Principal of Agency : Davide Giovanni Papa Postal Mail: P.O Box 468 Carlton North 3054 Melbourne, Australia General: Davide_ftnexporting@yahoo.com.au Private: ftnexportingceo@bigpond.com Facsimile/Direct Phone: Only applied on contract issuance. Skype: ftnxceo Trading: Education: FTN Exporting Est; 1988 MANDATED AGENT FTN EXPORTING AUSTRALIA Rick Goossen (ACA) CANADA cpindustries@telus.net AUTHORIZED AGENT SMICE EXCHANGE AUSTRALIA Maximo Marte (ACA) AFRICA/EURO martemax@yahoo.com Ting Chen (ACA) CHINA/ VIETNAM tfcwealthy1000@yahoo.com Arturo Sanchez (ACA) MEXICO artftnexporting@gmail.com Oliver Zanetti (ACA) USA/EURO ftnexporting.zanetti@gmail.com This Quote was issued to a SMICE Agent for release to End Buyers, Buyers/Sellers, and informed intermediaries via the internet. String contract must lead back to the SMICE Agent releasing this quote. FTN Exporting does not tolerate circumvention. DATE OF ISSUE : 22nd MAY 2012 VALIDITY : 5 DAYS TRANSACTION CODE : RGFTN-COAL-1001 FOR ATTENTION C/o : Dear Sir or Madam, Please find enclosed the following product for your immediate purchase consideration, as secured by the seller FTN Exporting. All products once offered are already secured from one of our many leading undisclosed principal suppliers from around the world. Once the offer is returned as accepted, a detailed contract will follow accordingly. Please read the offer carefully as no information is available other than stated. If interested please fill in the required details at the end of the offer to which I will advise a contract. An offer once accepted by an end buyer is legally binding once a contract is issued. Thank you OFFER ISSUED BY : REGISTRATION NUMBER : per FTN Exporting Australia

2 Grade Type Coal Metallurgical Coal Name of Product Black Coal Blend: Medium Volatile Grade Origin Produced in Colombia Quantity per contract 50,000 Mt MTH 1 year contract-/+10% Delivery Mode FOB Incoterms 2010 Port of Barranquilla Options Seller allowed to select another Atlantic port. Price/Currency per MT USD$ per MT FOB Inspection Offered Stockpile along side ship prior to loading Performance Guarantee LDD only USD$5.00 per MT PAYMENT TYPE;BEST PRICE OFFER Transferable non cumulative revolving DLC one shipment value in advance at all times. All transfer fees for the account of end buyer. DLC confirmed to Sellers bank in Australia. Seller will accept Non transferable DLC. Please added USD$3.25 per MT to price if this option taken.credit to support full credit value. SPECIFICATIONS:GCV Kcal /Kg 7775 Dry Basis Average (Dry basis except for moisture) Moisture 10.0% max Ash 10.5% max Volatile Matter 28.3% max Fixed Carbon 61.2% min Sulfur 1.00% max FSI 8.0 min REJECTION / PENALTIES (Fractions pro-rata) Moisture: Ash: Volatile Matter: Sulfur: 1% per 0.1% above guarantee QUANTITIES 30,000 Metric Ton per Month for -/+10% for 12 month OPENING DLC VALUES Per shipment Full DLC revolving value :USD$6,49, :USD$77,760, PROCEDURES Offer, Contracting period Payment 12 days. DLC advised within 5 days there after. 1st Delivery : 2nd July 2010 and every 30 days there-after -/+5 days

3 RULES OF TRADE (a) Settling of disputes Melbourne Australia as per LCIA rules (b) UCP600 Banking rules DLC (c) Incoterms 2010 delivery rules. (d) URPIB Rules for intermediaries and brokers Notes: 1. CFR under 6000 N/m distance form port of loading to port of destination allow USD $26-31 dollars per MT if taken, contract will indicate final CFR price.no insurance offered buyer to secure their own insurance.no CIF available. 2. LDD (Late Delivery Discount) is payable to the buyer or shall be discounted on the invoice value of goods for lated delivery 3. On top of LDD any part of the offered grade falling below stated values attract a USD$0.70 cents per MT further discount on invoice. 4. This offer is legally binding once signed subject to contract issuance. SELLERS DECLARATION I Davide Papa CEO of registered business entity FTN Exporting Australia do hereby make this offer as seller acting on behalf of undisclosed principal(s) with good and hounorable intent. Signed Dated 22/5/2012

4 ACCEPTANCE AND BUYERS DECLARATION I, We the below end buyer taking possession of goods do hereby accept the offer. Please issue the contract based of the following advice. Corporate Name of End Buyer (a) Export Manager Name (b) Postal Address (c) Port Destination (d) Name of issuing bank (e) (f) We will pay by (Mark one) (1) Transferable confirmed DLC ( ) (2) Confirmed only non transferable DLC( ) Note: Confirmed only credit must be confirmed to seller bank Westpac Corporation Australia Phone/ (g) Facsimile (h) Mobile Phone (i) Added Comments which does not change the merits of the offer (j) Signature Seal Date

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