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MMM COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2017-001/CO-2017-001 <br />MINE: Southfield Mine DATE NOV ISSUED: May 23, 2017 <br />PERMIT NO.: C-1981-014 DATE CO ISSUED: July 10, 2017 <br />OPERATOR/PERMITTEE: Energy Fuels Coal, Inc. TYPE OF MINE: Underground <br />ATTENTION: John Adams COUNTY: Fremont <br />ADDRESS: P.O. Box 773457 <br />Steamboat Springs, CO 80477 <br />The Division of Reclamation, Mining and Safety ("the Division") issued a certain Notice of Proposed Amount <br />of Civil Penalty, and the operator requested a conference thereon, as authorized by C.R.S. 1973, 34-33- <br />123(8). The requested conference having been held as required by law, on September 13, 2017, the Division <br />and the operator hereby agree as follows: <br />1. The amount of the penalty shall be $0.00; <br />2. The penalty shall be paid to the Division by the operator not later than 30 days from the date this <br />Agreement is signed by all parties; <br />3. Payment of such penalty by the operator shall constitute a waiver of all further rights to review of <br />such penalty or of the violation on which it is based. <br />This agreement shall not be effective unless signed by the operator within ten days after the closing date of <br />such conference, which date is set forth below opposite the signature of the Conference Officer. <br />If not signed within ten days, the Division will fix the penalty at whatever amount it deems appropriate. The <br />fixed penalty amount will likely be the original penalty assessment, based on the factors referred to in C.R.S. <br />1973, 34-33-123(8)(a). <br />OPERATOR: <br />By <br />DIVISION OF RECLAMATION, M1 ING A, SAFETY: <br />By <br />Conference Officer <br />By <br />Division Director <br />DATE: <br />DATE: -2 <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)j <br />C.R.S. 34-33-123(8)(c) and (d) <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br />John W. Hickenlooper, Governor I Robert Randall, Executive Director I Virginia Brannon, Director <br />