Vinaora Nivo SliderVinaora Nivo SliderVinaora Nivo SliderVinaora Nivo Slider

Written by Sarel Oberholster.

1.1    What is a PurePlay Note?

A PurePlay Note is the instrument used to embody a sale of unmined minerals held in Reserves by a miner. We’ll use gold as a proxy for minerals for the sake of simplicity but a PurePlay Note will be possible for virtually any minerals including oil and gas. The terms of the sale will include (i) a delivery date and place, usually a number of years after the sale (maturity date); (ii) an undertaking by the miner to store the gold, without charge, in Reserves for the duration of the PurePlay Note (cost free storage); and an undertaking by the miner to extract, refine and deliver the gold at the miner’s cost at the specified gold delivery standard (say “London Good Delivery”) on the maturity date (extraction, refinement and delivery costs to remain with the miner).

Patents and Trade Marks

The Intellectual Property of PurePlay Holdings (Pty) Ltd is protected by world-wide pending Patents.

Trademarks awaiting registration are PurePlay™, Nature’s Vault™, As Good as Gold™ and Sp☼t True Value™.

Contact Details

5 Jan Smuts Avenue,Winston Park
Durban, 3610,South Africa

Tel: +27 31 7670156
Cell: +27 82 4515864