Initial Exchange Offering of

iCoin International (ICOIN)

Tokens

Version: 6.2.
Published: August 19th, 2019
CONTENTS

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INTRODUCTION
Diamonds are an enduring symbol of
love, commitment and romance, being
more than just aesthetically beautiful.
The symbolic meaning is well connected
to its historic commemoration of
everlasting love.
Diamonds were first found in the Indian
Archipelago about 2500 years ago,
although they were formed 900 million
years ago. Diamonds were valued at the
beginning because of their practical use
like having the ability to refract light as
well as for their strength with usage in
metal engraving and as cutting tools.
Eventually they served as talismans
to ward off evil and were believed to
provide protection in battle, cure illness
and heal wounds. The Silk Road was the
first trade route for these early stones.
The Romans were the first to use rings
as symbols of commitment ever since
the ancient history, as a sign of
friendship or affection yet not always a
sign of marriage. These rings were
formed from copper and worn on the
left finger, specifically on the third
finger. The reason why they used to
wear it like that was they believed that
their hearth is directly connected to this
finger by a vein.
The first engagement rings and the first
times that rings became a major element
of wedding ceremonies, dates back to
1215 when a waiting period was declared
between betrothal and marriage by
Pope Innocent III, the most influential
pope of the Middle Ages. The role of
these rings was a sign of commitment
within the couples. Around the same
time, it was ruled by the Roman
INTRODUCTION
government that marriages should take
place in churches, yet only those fortunate
could wear rings, as this would point to a
certain social rank.
In the history of diamonds we can find
various records of the usage of diamonds
the the late 14th century, from
Constantinople to the Spanish Empire, to
the Kingdom of England. Diamonds were
though very rare as jewelry elements and
only members of the royalty or the high
rank members of the society would have
access to them.
Carbon, the most common substance on
earth is the core element in both diamonds
and coal. Carbon atoms are though
arranged in different order and the way the
carbon is formed differs significantly for
coal and diamonds. The extreme
temperatures and pressure found 100 miles
below earth’s surface makes carbon turn
into diamonds.
For a long time, India was thought to be
the only source of diamonds, with this
source eventually ending and with growing
world demand the quest for different
sources began. It was then when the
diamond prospectors discovered
diamonds in the banks of the Orange
River, Africa. Since that time, Africa
remained one of the most main diamond
supply sources in the world.
Sources:
1. en.wikipedia.org/wiki/Diamond
2. roblescharmen.wordpress.com/2011/1
0/04/history-of-diamond-rings
3. myfauxdiamond.wordpress.com/2016/
05/02/the-history-of-diamonds
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PROBLEM OVERVIEW & SOLUTION
OVERVIEW FINDS TO DATE

The biggest find to date in our minimal

Diamonds in Sierra Leone
gravel extraction has been an 8.25 carat
There is an opportunity in Freetown,
clear diamond, found in May of 2005, with
Sierra Leone to open and operate an
many others ranging from 1 carat to 5
innovative successful mining company
carats. Stones below 1 carat are called
which has discovered a great and proven
‘pointers’ or melle and although a record
catchment area for diamonds.
is kept of each one, they are less valuable
than stones above 1 carat.

According to the New York Times article

Our finds, which total well over a
called "In Sierra Leone, still a tough dig
thousand, have mostly been achieved
for diamonds":
from gravel nearer to the river bank,
There are currently 2,500 small mining
as it has been prohibitive to dive to the
operations in Sierra Leone. Due to
deepest parts in the middle of the river
regulations and big taxes miners and
due to water levels and turbulence.
exporters turn to smuggling as a general
The diamond fields of Sierra Leone are
practice, as diamonds are easy to
estimated to extend over an area of
transport. Sierra Leone officially exported
perhaps 3,000 square miles, bounded by
150 million dollars worth of diamonds in
the Sewa River covering stretches of
2018 according to the government
towns including Bo, Kenema, Yengema,
records. The Kimberly Process that is
Koidu, Tongo Field, and Kono, and
required for all diamond deals is the
extending as far as Liberia.
reason of an significant increase in legal
diamond exports out of Africa. [1]
According to Wikipedia's "Mining in Sierra
Leone" article:
We are planning to have an organized
Finds in Sierra Leone are known for
operation with real time monitoring
mostly being gem quality diamonds
and auditing, led by a very talented
including some spectacularly large stones
management team with decades of
of high value.
experience in the field.
The Sierra Leone diamond fields total
about 7,700 square miles (one quarter of
Source:
the Sierra Leone) in the south-eastern and
[1] nytimes.com/2007/03/25/world/
eastern parts of the country. The
africa/25iht-diamond.4.5017895.html
diamond producing areas are
concentrated in Kono, Kenema and Bo
Districts and are mainly situated in the
drainage areas of the Sewa, Bafi, Woa,
Mano and Moa Rivers. Alluvial diamond
concentrations occur in river channel
gravels, flood-plain gravels, and terrace
gravels along with gravel residues in soils
and swamps. [2]

Source:

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[2] en.wikipedia.org/wiki/
Mining_in_Sierra_Leone)

ABOUT MILLENNIUM MINING CORPORATION
Millennium Mining Corp. is set up as
a Corporation in Sierra Leone. The
ownership is held by the members of the
IEO team.
Dovid Hauck has been President, Chief
Executive Officer and a director of MMC
since its incorporation. He was also Chief
Executive Officer of M & S Ventures
Limited, a Sierra Leone corporation
involved in mining diamonds, gold and
other precious stones and metals in
Sierra Leone. M & S Ventures Limited
transferred its government issued
mining license to Millennium Mining
Corp. Mr. Hauck was a salesperson and
manager of Forest Diamonds, a diamond
wholesaler.
Shlomo Bleier has served as a director
of MMC since its inception. Mr. Bleier,
a native of Hungary, has been in the
diamond industry for over 30 years and
has been involved in mining operations
in Brazil and Sierra Leone for the past
10 years. From 1988 to 2002, he worked
for Simcha Diamond Ltd. in Brazil, and
from 2000 to 2004 he was a partner in S
& T Mining Group, a Sierra Leone mining
operation where he served as head
administrator of operations, prospecting,
surveying and mining. From 2004 to
2007, Mr. Bleier was a consultant to M &
S Ventures Ltd., a company involved in
mining in Sierra Leone.
The company plans to penetrate the
market in the business of operating
a mining company that specializes in
the extraction of valuable diamonds,
minerals and other geological materials
from the earth. An experienced team
of geology specialists will implement
state of the art exploration techniques
designed to create higher volumes of
diamond production. Millennium Mining
Corp will serve its areas of the mining
ABOUT MILLENNIUM MINING CORPORATION
business working to make its operations
more productive while at the same
time controlling expenses. To do so it
will maintain its headquarters where
its management staff will be located
in Freetown, Sierra Leone. At no time
will management allow a situation to
exist where the company is supporting
locations or premises that are not
absolutely essential to the most effective
operation of the company.
Millennium Mining Corp. will begin its
operation in 2019. The inspiration for the
company was the realization that there
is a need for a diamond mining company
that can provide an investment
opportunity that has great potential for
investors.
Millennium Mining Corp. will coordinate
productivity with market demand to
ensure continued mining success. Its
approach emphasizes the individual
participation of every employee and
member of this organization and the
total process of building the company to
acquire an increasing market share. By
guiding and helping employees with
knowledge and awareness, it will build a
solid foundation for achieving its most
ambitious goals. Millennium Mining Corp.
realizes that this is an ideal time to
establish its business in this expanding
industry and move forward in a steady
progression over the next five years.
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RESOURCES REPORT
OFFICIAL RESOURCES REPORT
Millennium Mining Corp. engaged Broad
Oak Associates (“BOA”) to determine a
resource estimate on their behalf on
the Baimbawai Pool Diamond Project in
Sierra Leone, West Africa in June 2015
in respect to an equity financing for the
Company.
SUMMARY
Based on the geologic potential of the
Baimbawai Pool property, the following
potential mineral inventory could be
identified as a potential target warranting
further exploration:
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Mineral Potential: 1.0 to 1.5 million cubic
meters of diamond bearing gravel with
a grade of 0.2 to 0.5 carats per cubic
meter containing 200,000 to 750,000
carats of diamonds
It should be noted that a potential
resource is based on the geologic
information available and is only
conceptual in nature and that there has
been insufficient exploration to date to
define this as a mineral resource and that
further exploration of this target may or
may not identify any resources on this
property.
RESOURCES REPORT

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POTENTIAL

Note in the above Google map, it can be seen that there are many barriers to the flow of the
river in this area. These barriers and the pool slow the river flow down and cause the river to
drop out heavy particles such as diamonds and gold which are concentrated in the gravel in
the depressions around the barriers.

MINERAL POTENTIAL flat and low terrace gravels as they

The mineral potential has been
calculated using maps of the river and
pool area to provide the quantity of
diamond bearing material (gravels),
and the reported data on grade from
previous mining in the area that was
generally not able to be substantiated or
viewed as given in a format acceptable
to qualified engineering or geological
personnel.
offer the best chances of providing
sufficient volume of gravels to support
an economical mining operation. The
Company believes the project area is
extremely positive and previous fieldwork
undertaken to assess the ground
situation indicates that large areas of
virgin gravels exist to support a medium
to large scale mechanized mining
operation. Heavy mineral concentrates
consisting of tourmaline, corundum,

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ilmenite, zircon together with a few
Millennium Mining Corp is concentrating grains of magnesium ilmenite under 1.0
on the river channel, as well as recent millimeter in size have been found in the

concentrates in gravels from the
Baimbawai Pool diamond project
area, which indicates the presence of
diamonds. The pool is about 400 - 600
meters long and approximately 300
meters wide and the gravel is between 10
-12 meters thick. This would indicate the
potential for 1.2 – 2.2 million cubic meters
of diamond bearing gravels. Therefore
based on this poorly documented data,
a range of 1.0 – 1.5 million cubic meters is
likely to be present as a mineral potential.
Although higher grades have been
encountered and will be again, these are
not likely to be the norm. Previous mining
in the area has suggested a grade of
between 0.2 and 0.5 of a carat per cubic
meter, although as high as 4 carat per
cubic meter has been reported. For the
mineral potential a grade of between 0.2
and 0.5 carats per cubic meter has been
used in this calculation of potential.
RECOMMENDATIONS
RECOMMENDATIONS
Broad Oak recommends that all means,
including sonar, is used to identify the
ledges in the pool and the river prior
to mining, so that the highest-grade
gravels are processed at an early stage
in the mining of the pool to enable
the Company to obtain an early stage
significant cash flow. These ledges are
particularly likely to contain the higher
grades reported from previous mining in
the area. However, at present there is
insufficient technical data available to
predict when and where they can be
found and mined.

Based on the geologic potential of the

Baimbawai Pool property, the following
potential mineral inventory could be
identified as a potential target warranting
further exploration:

Mineral Potential: 1.0 to 1.5 million cubic

meters of diamond bearing gravel with
a grade of 0.2 to 0.5 carats per cubic
meter containing 200,000 to 750,000
carats of diamonds

It should be noted that a potential

resource is based on the geologic
information available and is only
conceptual in nature and that there has
been insufficient exploration to date to
define this as a mineral resource and that
further exploration of this target may or
may not identify any resources on this
property.

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GREEN THINKING
GREEN THINKING
Our policy is to reduce the impact of the
mining operations on the environment,
through our Green Agenda initiative that
undertakes its activities in a manner that
strives to minimize or eliminate negative
impacts and maximize positive impacts
of an environmental nature.
Millennium Mining is committed to
responsible stewardship of natural
resources and the ecological
environment in a sustainable manner.
• Educating employees in
environmental responsibilities;
• Growth of local communities:
schools, churches, housing;
• Kimberly process for all mined and
exported diamonds to show they
were mined legally and ethically;
• Employees and contractors working
on Millennium Mining operations play
a fundamental role in achieving
environmental objectives through:
• Taking ownership of, and
participating in, environmental
management programs and
initiatives.

WE ARE COMMITTED TO

• The integration of environmental

management;
• Minimizing the use of energy
resources and promoting recycling;
• Rehabilitating land and protecting
biodiversity;
• Continuously improving
environmental performance for
preventing pollution by
implementing processes, practices
and techniques to avoid, reduce or
control the creation, emission or
discharge of any type of pollutant or
waste;
• Extreme prudence with critical
ecological resources;
• Managing environmental risk in the
workplace and surrounding areas;
• Complying with applicable legal
requirements related to
environmental aspects;

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 USE OF PROCEEDS &
IN NUMBERS SALES PROJECTION

RETURN OF INVESTMENT

TRADING

ROADMAP
INITIAL EXCHANGE OFFERING
WHY BLOCKCHAIN?

Blockchain can bring huge benefits to

industrial companies such as Millennium
Mining Corp: from collaborative
production to transparency and secure
payments.

The Company launches an initial

exchange offering (IEO) with the goal
to allow a collaborative extraction of
diamonds. The IEO gives the possibility to
acquire the machinery and workforce
needed to run the operation. By doing
this, token owners can take an active part
in the story of Millennium Mining Corp by
directly capturing a significant part of
the company’s turnover.

Duration Aug 1st, 2019 – Oct 1st, 2019

Token Name ICOIN

Total token supply 600,000,000 ICOIN

Minimum purchase per address 100 ICOIN

Accepted currency BTC, ETH, USD via LAToken.com

Token emission price 1 USD / token

Distribution Will take place instantly. Once the IEO period elapses, investors will be

able to trade or withdraw tokens.

Soft cap 3,500,000 ICOIN

Hard cap 10,000,000 ICOIN

Token Sale bonus 0-25% of total token supply

The ICOIN emission price was calculated upon cost of diamond mining: work-force,
machinery, electricity, energy and market. The ICOIN is a ERC20 token on the Ethereum
public blockchain. Being ERC20 means it inherits all the features (balance, transfer,

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approval) of the most used and tested Ethereum token standard.

USAGE
1. Trading: Because ICOIN tokens
are Ethereum-based, they can be
sold at any time to another ERC20
compatible wallet. ICOIN token
re-sale is not managed by Millennium
Mining Corp and the company has no
control whatsoever on the secondary
market. It is possible that centralized
and decentralized exchanges list the
ICOIN token.
2. Exchange for USD with Millennium
Mining Corp. at the market price
after a period of 1 year from the
offering.
3. Purchase Millennium Mining Corp.
products: ICOIN token can be used
as a payment method to purchase
diamond products on our website
store.
CONVERSION, TRANSPARENCY
TRANSPARENCY & AUDITING
Blockchain technology allows the
exchange of value on trustless networks
without any corruption or duplicity of
information and is used to connect token
owners to mining outcome.
Diamond extraction success will be time
stamped through an audited process
and logged on the blockchain for
transparency. We want ICOIN token
owners to have full insight into where
and how their tokens are being spent.
Our timestamping and auditing process
and security is assured by:
• G4S is hired to secure the site and
processing areas
• Strict personnel training
• 24-hour video surveillance and
monitoring
• KPMG will do monthly, Quarterly, and
Annual financials
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USE OF PROCEEDS & SALES PROJECTION
CATEGORY 2019 2020 2021

Revenue

Gross Sales $1,200,000.00 $7,200,000.00 $43,200,000.00

Less Charge Backs, Returns & Neg. Adjs. $0.00 $0.00 $0.00

Net Sales $1,200,000.00 $7,200,000.00 $43,200,000.00

Less Cost Of Goods Sold $0.00 $0.00 $0.00

Gross Profit $1,200,000.00 $7,200,000.00 $43,200,000.00

Operating Expenses

Sales Expenses

Salaries and Wages $0.00 $0.00 $0.00

Commissions and Alliance Sharing $120,000.00 $720,000.00 $4,320,000.00

Payroll Taxes $0.00 $0.00 $0.00

Marketing $6,000.00 $35,000.00 $95,000.00

Promotions and Various Events $3,000.00 $6,000.00 $12,000.00

Total Sales Expenses $129,000.00 $761,000.00 $4,427,000.00

Admin. & General Expenses

Direct Mining Expense (Fuel, Etc.) $200,000.00 $2,200,000.00 $11,000,000.00

Salaries and Wages $400,000.00 $600,000.00 $1,200,000.00

Employee Benefits $6,000.00 $12,000.00 $24,000.00

Payroll Taxes 10% $30,000.00 $60,000.00 $120,000.00

Insurance $2,400.00 $4,800.00 $9,600.00

Lease Expenses and Use of Land Costs $60,000.00 $120,000.00 $240,000.00

Office Supplies $5,000.00 $10,000.00 $20,000.00

Telephone $3,600.00 $4,800.00 $6,000.00

Utilities $6,000.00 $12,000.00 $24,000.00

Licenses, Membership Costs and Dues $3,000.00 $6,000.00 $12,000.00

Legal & Accounting $18,000.00 $36,000.00 $54,000.00

Miscellaneous $24,000.00 $36,000.00 $48,000.00

Auto, Travel, Logistics Expenses $30,000.00 $60,000.00 $120,000.00

Total Admin. & General Expenses $791,000.00 $3,167,600.00 $12,997,600.00

Total Operating Expenses $920,000.00 $3,928,600.00 $17,424,600.00

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 USE OF PROCEEDS & SALES PROJECTION
CATEGORY 2019 2020 2021

Profits Or (Losses)

Operating Profit or (Loss) $280,000.00 $3,271,400.00 $25,775,400.00

Adj. For Other Income (Int. Income, etc.) $0.00 $0.00 $0.00

Net Income or (Loss) Before Taxes $280,000.00 $3,271,400.00 $25,775,400.00

Income Taxes $0.00 $0.00 $0.00

Net Income or (Loss) After Taxes $280,000.00 $3,271,400.00 $25,775,400.00

EQUIPMENTS BREAKDOWN

Caterpillar 725 Trucks (3) $225,000.00

Caterpillar D8 Dozer (1) $120,000.00

Caterpillar D7 Dozer (1) $95,000.00

Caterpillar D6 Dozer (1) $80,000.00

Caterpillar Excavators (2) $180,000.00

Caterpillar Backhoe (1) $90,000.00

Caterpillar Wheel Loader (2) $120,000.00

12" Dredge (2) $250,000.00

Mining Machinery (wash plants, sorters, jigs) $350,000.00

Misc. equipment (pumps, hoses, tools, etc.) $75,000.00

The money will be allocated to operate in accordance with all the

requirements including travel, equipment, tools and supplies,
property rights, staffing, scientific testing and miscellaneous
operating expenses. This business plan will show the
components that make up and accomplish this exciting business
venture.

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RETURN OF INVESTMENT AND TRADING Millennium Mining Corp. has created the iCoin International
token (ICOIN) in order to fund its operations. The return of
investment has multiple components including market growth
and market injection. Profits from mined diamonds will be
injected back in the market of ICOIN as following:

YEAR Profit % Cash estimate Impact on ICOIN

(USD/milion) (Growth %)

Year 1 100% $3,500,000 200% ($3)

Year 2 100% $6,000,000 400% ($5)

Year 3 80% $25,000,000 1000% ($11)

Year 4 70% $50,000,000 3000% ($31)

Year 5+ 50% $50,000,000 5000% ($51)

Definitions

1. Year – 12 months period from start of mining 6. Diamond professionals use the grading system
2. Profit % - the percentage of profit injected back in developed by GIA in the 1950s, which established
the ICOIN market the use of four important factors to describe and
3. Cash Estimate – The amount of dollars estimated to classify diamonds: Clarity, Color, Cut, and Carat
be injected back in ICOIN. Weight. The following factors have an impact on
4. Impact on ICOIN – The estimated growth of ICOIN the product value: Diamond purity, Diamond crystal
5. Impact of other tokens to date: Ethereum - 62,331%, quality, Plate ultra-thinness, Plate polishing, Market
Binance Coin - 19,062%, IOTA - 15,470%, ARK - leadership & Mining costs.
4,872%, Augur - 3,407%

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 RETURN OF INVESTMENT AND TRADING
SHORT TERM MEDIUM TERM LONG TERM

Q3 2019 2020 Q1-Q4 2021+

iCoin International launch First market injection Continuous market injection
Initial Exchange offering kickoff Mining potential growth Other types of natural resources

Other mining sites identification identification

Q4 2019 – Q1 2020 Operations expansion

Machinery acquisition

Site preparation

Workforce mobilization

River diverting

Extraction kickoff

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DISCLAIMER
DISCLAIMER

This document is a marketing document

and is not intended to be legally binding.
Nothing in this document shall be
deemed to constitute a prospectus of
any sort or a solicitation for investment,
nor does it in any way pertain to an
offering or a solicitation of an offer to buy
any securities in any jurisdiction. The
information in this document does not
constitute a recommendation by any
person to purchase ICOIN tokens or any
other token or currency and the Issuer
(Millennium Mining Corp) has not
authorized any person to make any such
recommendation.

Restricted Persons

Purchaser of ICOIN tokens cannot be a

citizen, resident of, a person located or
domiciled in:
United States
Canada
Cuba
North Korea
Iran
Pakistan
Syria
Venezuela
Crimea

Risk Factors

Purchasing the ICOIN tokens entails risks

and individuals that purchase ICOIN
could lose their entire purchase amount.

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iCoin International

www.icoin.ws