On January 29, 2014, Oro East Mining, Inc. entered into a Sale and Purchase Agreement with Royal Asset Management. The execution date of the Agreement is January 31, 2014. The Agreement covers the sale of gold concentrates from Oro East Mining, Inc. to Royal Asset Management.

Oro East Mining, Inc. will sell and Royal Asset Management. will purchase gold concentrates sourced from the United States in quantities of at least 300 wet metric tons and capped at 5,000 wet metric tons per month for a period of 2 years. The gold content must be conforming to a minimum of 1.5 ounces per dry metric ton and moisture content below 10%.