5. Basic Assets & Company Structure

5.1 PT Kristalin Eka Lestari (PT KEL)

• Legal Status: Mining Operation Permit (IUP) for Gold No. 108/IUP-OPEMAS/DPMPTSP/2020 (valid 2020–2030, concession area 198 ha)

• Location: Nabire Regency, Makimi District, Central Papua (including Nifasi Village and surrounding areas)

• Reserves: Gold — measured/probable reserves not publicly disclosed

• Capacity: Annual production figures not available in public sources

• ESG & CSR compliance: Fully aligned with Indonesian regulations; active CSR programs include food distribution, housing development, ambulance and healthcare support, scholarships, indigenous community empowerment, and legal employment compliance.

5.2 Corporate Structure

• PT KEL (Indonesia): operational entity.

• SPV (e.g., Kristalin Holdings Ltd): holds shares for tokenization.

• KLX Digital FZ-LLC (Dubai): issuer and compliance entity.

5.3 Backing Mechanism

• Independent valuation of PT KEL’s book value.

• Shares/economic rights transferred to SPV.

• Tokens issued representing ownership claims.

• Legal docs notarized and linked to NFTs on-chain.

5.4 Independent Audit

Audits include financial, technical (JORC/NI 43-101), and reserve verification. Results published on-chain.

5.5 Dividend Distribution

• Source: net profit allocation.

• Approval: governance board + on-chain proof.

• Settlement: convert to stablecoin, distribute via smart contract.

• Taxation: handled per Indonesian and UAE rules.