2018-08-07_REVISION - M2006017 (3)

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� COLORADO n Division of Reclamation, Mining and Safety � Dena•mlert o`Natural Resour:es a o� 1313 Sherman Street,Room 215 2,?0 Denver.CO 80203 �l aril �� OF 41'"'"�'vo`mar � Yr 5 FINANCIAL WARRANTY CORPORATE SURETY (THIRD PART Principal: Hourglass Sands,LLC Permittee: Sand Acquisition Holdings LLC Operation: Ternadojin Sand Mine Permit No.: M-2006-017 Bond No.: 1155628 Surety: Lexon Insurance Company Street: 12890 Lebanon Road City: Mt. Juliet State: TN Zip Code: 37122 Area Code: (630) Telephone: 468-5600 This form has been approved by the Mined Land Reclamation Board pursuant to sections 34 32-117,C.R.S.,of the Muted Land Reclamation Act and 34 32.5-117,CR.S.,of the Colorado Land Reclamation Act for the Extraction of Construction Materials. Any alteration or modification of this form,without approval by the Board shall result in the financial warranty being invalid and result in the voiding of any permit issued in conjunction with such invalid financial warranty and subject the operator to cease and desist orders and civil penalties for operating without a permit pursuant to sections 34 32-123, C.&S.,of the Mined Land Reclamation Act and 34 315-123, C.R.S., of the Colorado Land Reclamation Act for the Extraction of Construction Materials. KNOW ALL MEN BY THESE PRESENTS,THAT: WIEF,REAS,the Colorado Mined Land Reclamation Act, C.R.S. 1973,34-32-101 et M. (the"Act!), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board(the"Board")receives a Financial Warranty(or Warranties)as described in the Act. WHEREAS, Sand Acquisition Holdings,LLC (the"Permittee"),a Delaware _corporation,has applied for a permit to conduct a mining operation known as Jemadoiin Sand Mine 1313 Sherman Street,Room 215,Denver,CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us John W. Hickentooper,Governor I Robert W. Randall,Executive Director I Virginia Brannon, Director