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NOTARY FOR PROSPECTIVE SUCCESSOR <br />STATE OF ) <br />) ss.: <br />COUNTY OF ) <br />he foregoing i t cknowledi2ed before me this day ` <br />by as V4 L,4 L 9J °4- C`. E D of <br />LAURA BETH SCHIFF Notary Public <br />NOTARY PUBLIC <br />STATE OF COLORAPP Comm ssion Expires <br />NOTARY ID 20134045223 <br />MY COMMISSION EXPIRES AUGUST 7, 2017 <br />STATE APPROVAL <br />[for completion by Division <br />(a) The Board hereby approves the transfer of permit number <br />,D-0 (q <br />LCQ- <br />P1 I q -7 7 2 from <br />Energy Fuels Resources (USA) Inc to Pinon Ridge Mining LLC <br />(b) The Board hereby recognizes Pinon Ridge Mining LLC as Successor Operator under <br />such Permit. <br />(c) The Board hereby accepts the Performance and Financial Warranties submitted by Successor and hereby <br />releases Energy Fuels Resources (USA) Inc , as former Permittee from all obligations under <br />its Performance and Financial Warranties. The Board further releases all affected financial warrantors from <br />obligations under Financial Warranties associated with the former Permittee. <br />STATE OF COLORADO <br />DEPARTMENT OF NATURAL RESOURCES <br />MINED LAND RECLAMATION BOARD <br />DIVISION OF RECLAMAIJON, MINING AND SAFETY <br />By:.. <br />Division Director <br />-10- <br />Date Executed: IL) • z /• �4 <br />