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��gDnO� <br />ll fl�(,jC�ii <br />Affidavit of Authority to Execute Financial Warranty Documents <br />Robert D. Carlson <br />Before me this day, the undersigned <br />person], in his/her capacity as CFO <br />personally appeared and, being first duly sworn upon oath said: <br />i [name of authorized <br />[title of authorized person] ( "Affiant "), <br />1. This affidavit is being executed and submitted on behalf of Pioneer Sand Company Inc [name <br />of business organization], a(n) Corporation [legal form of business organization, <br />e.g., corporation, partnership, limited liability company, etc.], in good standing in the State of Colorado (the <br />"Company "). <br />i <br />2. It is in the interest of the Company to execute certain financial warranty documents associated with file <br />number M- 1977 -174. M- 2000 -138 * (DRMS file number), which are required by the Colorado Mined Land <br />Reclamation Board and Division of Reclamation Mining and Safety pursuant to Colorado law ( "Financial <br />Warranty Documents "). *M- 1981 -044, M2000 -080, M- 2003 -016, M- 2003 -021, <br />M- 2000 -080, M- 1993 -050 I <br />3. Affiant is duly authorized to sign such Financial Warranty Documents on behalf of the Company and to <br />bind the Company to the same. <br />I <br />4. Affiant is not prohibited or limited by the Company's governing documents or by any applicable law from <br />executing the Financial Warranty Documents. <br />5. Affiant will inform the Division of Reclamation Mining and Safety within thirty (30) days in the event that <br />his/her authorization to execute Financial Warranty Documents on the Company's behalf is terminated. <br />I <br />Further, Affiant sayeth not. i <br />i <br />i <br />Robert D Carlson ! <br />Affiant's Name <br />Signature <br />STATE OF <br />Colorado <br />COUNTY OF El Paso <br />ss.: <br />The foregoing instrument was acknowledged before me this 8th <br />by Robert D. Carlson as CFO <br />JULIE $"ER <br />*NOTARY PUBLIC - `STATE OF COLORADO <br />Notary Identification # 20084008577• <br />filly Commission Expires 2/25/2016 <br />RECEIVED <br />APR 15 2015 <br />Division of Reclamation , <br />Mining & Safety <br />- day of April 2015 <br />of Pioneer Sand Company Inc <br />Notary Public <br />i <br />My Commission Expires �°�`r <br />i <br />