Looking for oatara development (pty) ltd

RFQ Description

MINE OWNER C/o: PAUL REUBENHIEMER REF: EXPRESSION OF INTEREST – JOINT VENTURE DIAMOND MINE OPERATIONDear Sirs We Inzalo Mining and Minerals a company based in Midrand, South Africa herewith full corporate responsibility, under penalty of perjury, herewith present our expression of interest and willingness to Joint Venture with the owner / Mining Right Permit holder for the DIAMOND MINE in Northen Cape as advertised on the Angel Investor Webpage. This letter of intent is non-binding and unenforceable until such time that all terms and conditions are agreed upon by both companies and all relevant agreements are in place.Terms and Conditions The following documentation is required urgently to fulfil our due diligence as required for the transaction:1. Formal Offer address to Inzalo Mining and Minerals, C/o Mr. Joseph Motaung (Director)2. Detailed Investor Presentation / Executive Summary and 3. Joint Venture Proposal4. Geological Reports (of any drillings on the land)5. Exact ownership records of asset 6. Previous Financial Records of the Mine7. Proven Porduction Records of the Mine Confidentiality and Non- Circumvention:WHEREAS the undersigned desire to enter into a business relationship to the mutual and common benefit of the parties hereto, including their affiliates, subsidiaries, stockholders, partners, co-ventures, trading partners, and other associated organizations. It is the also the undersigned’s wish and commitment to keep all information relating to Joint Venture or Inzalo Mining’s Joint venture proposal confidential,This letter of intent also sets to define parameters of the future legal obligations, and both parties duty of Confidentiality with respect to the information released or disclosed by one party to the other.In the event both fail to agree on terms of this transaction, it is the undersigned’s commitment to return back all the material to the Mining Right Holder , or will notify in writing that the contents of such material have been destroyed.Exclusive Dealing The company is expected to reveal all current and pending negotiations if any from other potential investors and also is expected to allow the Investor (Inzalo Mining and Minerals) an exclusive dealing period which the commencement date thereof is to be advised by the Mining Right Holder .During this period the company will not enter into any agreements, discussions, and negotiations, provide information, solicit proposals, encourage, entertain, or consider any other proposals from any other party. We look forward to hearing from you - RegardsJoseph Motaung-INZALO MINING & MINERALS (SA).12 Gustav Preller,Vornavalley,Midrand Tel: +*******2088 /+2772 909 9072Fax : *******528E-mail:*******@*****.com / Alternative Mail : *******@*****.com