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ribitA to Swface UwA
<br /> by rand bet en
<br /> Srrdumr Eques&iw Cent r.Acodferrrh►inc
<br /> and Taddae LLC
<br /> ACMoRArr UM OF
<br /> SPACE USE AGIttEEIliN'f
<br /> KNOW ALL MEN BY TIDE PRESENTS�
<br /> 0 .A —9 .2023 (1&e"Effective Date',Sunchaser Fammiam Center Academy
<br /> Inc.("Graff'),and Tailabassee LLC,(`Operator'),a Delaware limited liaWlity company,whose
<br /> address is P.0_Box 376,West Perth,Western Australia 6972,Australia entered into a Surface Use
<br /> Agreement('`Agreement")covering the following described lands(the"Subject Lands")located
<br /> in Fremont County,Colorado,to-wit-,
<br /> sM-M-r uA tM 4 LOT 85 SOUTH T s Ram YM;P4 EXC-9T MrNTR.A.s RET W7-0442 3
<br /> Parsuant to the,Agreement,Grantor granted and Grantor hereby grants to the Operator a
<br /> non-exclusive right to enter upon and explore the Subject Lands for the purposes of(i)conducting
<br /> operations on the Subject Lands for the exploration and potential development of uranium and
<br /> related minerals that may include,but are not limited to,drill pad Pao%drilling,Pd and rQad
<br /> construction,construction and maintenance of water wells,water testing,environmental baseline
<br /> studies. sump construction, gathering other data and information required for permitting,
<br /> conducting mining and feasibility and outer technical studies (collectively, "EMWation and
<br /> Development Operations");and(ii)ingress and egress to adjacent private,State of Colorado,and
<br /> federally-owned properties for the conduct of such operations.
<br /> If any federal,state,or local agency permit,application,petition,or filing(collectively,the
<br /> "Authorizations-)require that Operator obtain Grantor's prior comet,Grantor has provided and
<br /> hereby provides its consent to any and all Authorizations by execution of the Agreement. N any
<br /> of the Authorizations require Grantor's action, including, but not limited to, Grantor's express
<br /> written consent, Grantor agrees,upon request by Operator,to tare such action or provide such
<br /> consent as reasonably appropriate and without unreasonable delay.
<br /> The term of the Agreement is from the Effective Date through December 31, 2026 (the
<br /> "Primary Term'). The Crrantor also has granted and hereby grants to the Operator the option to
<br /> extend the Primary Term of this Agreement under the same terms and conditions for an additional
<br /> four(4)years(through December 31,2030).
<br /> Each of Grantor and Operator may assign and delegate their respective rights and
<br /> obligations under the Agreement to any third party. The Agreement is binding upon and inures to
<br /> the benefit of the parties and their respective heirs,devises,legal representatives,successors and
<br /> assigns. Any sale, encumbrance,transfer or other disposition by Grantor of all or any portion of
<br /> the Subject Lands shall be made expressly subject to the Agreement.
<br /> 1024685 Pages: 1 of 3
<br /> 02/16/2023 12:58 PM R Fee:$23.00
<br /> Justin D Grantham, Clerk and Recorder, Fremont County, CO
<br /> III WF AC IRIV16 tAYM,IIMPUWAINNIA 11111
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