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COLORADO Division of Reclamation, <br /> Mining and Safety <br /> Department of Natural Resources <br /> 1313 Sherman St. Room 215 <br /> Denver, CO 80203 <br /> August 22,2016 <br /> Eric Vanderhye <br /> Gilcrest Reservoir, L.L.C. <br /> Summit Global Management <br /> 4225 Executive Square, Suite 1070 <br /> San Diego,CA 92037 <br /> Re: S&H Mine,Permit M-2000-158,Succession of Operators Approval,Revision SO-2 <br /> Dear Eric Vanderhye: <br /> On August 22, 2016, the Division of Reclamation, Mining and Safety approved the succession of <br /> operators from Gilcrest Reservoir, L.L.C. to Scout Investments, L.L.C. for this operation. Scout <br /> Investments, L.L.C. is now the permitted operator of the S & H Mine, and as such, is responsible for all <br /> provisions in M-2000-158, as well as those specified in the Rules and Regulations. <br /> Enclosed are the following bond(s)and the Performance Warranty you originally provided. <br /> Bond Type(s) Bond Number(s) Bond Amount(s) <br /> Financial Warranty Corporate Surety 105558734 $668,900.00 <br /> These have been released as of August 22, 2016 Division approval for the succession of operators. You <br /> should advise your insurance company of this release by copy of this letter. <br /> If you have any questions, please contact me. <br /> Sincerely, <br /> Peter S. Hays <br /> Environmental Protection Specialist <br /> Enclosures <br /> CERTIFIED MAIL No. 014 2120 0001 8040 0408, return receipt requested <br /> op-co 0 <br /> -erly <br /> e <br /> 1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F `� poi,' <br /> John W. Hickenlooper, Governor I Robert W. Randall, Executive Director I Virginia Brannon, Director <br /> s�j <br />