|
Exhibit A to Surface Use Agreement s
<br /> by and between • m
<br /> Ravmond and Sharon Stoner N N
<br /> and Tallahassee LLC
<br /> MEMORANDUM OF w
<br /> SURFACE USE AGREEMENT �-
<br /> KNOW ALL MEN BY THESE PRESENTS: 3 -o
<br /> .•d
<br /> 0 v�
<br /> A
<br /> 1 0
<br /> On ntt 1$14'%, 2022 (the "Effective Date"), Raymond and Sharon toner. A3"
<br /> ("Grantor"), and Tallahassee LLC, ("Operator"), a Delaware limited liability company, whose
<br /> QTI`+
<br /> address is P.O. Box 376, West Perth,Western Australia 6872,Australia entered into a Surface m0°
<br /> tA~,
<br /> °
<br /> Use Agreement ("Agreement") covering the following described lands (the "Subject Lands") 4,
<br /> ^ate
<br /> located in Fremont County,Colorado,to-wit: tIr W
<br /> gym.
<br /> SOUTH T-BAR FIL 6 LOT 102 SOUTH T-BAR RANCH FIL 6 EXCEPT MINERALS REF 997-04-021
<br /> Pursuant to the Agreement,Grantor granted and Grantor hereby grants-to the Operator a o
<br /> non-exclusive right to enter upon and explore the Subject Lands for the purposes of (i) h
<br /> conducting operations on the Subject Lands for the exploration and potential development of
<br /> uranium and related minerals that may include, but are not limited to, drill pad preparation, o
<br /> drilling, pit and road construction, construction and maintenance of water wells, water testing,
<br /> environmental baseline studies,sump construction,gathering other data and information required
<br /> for permitting, conducting mining and feasibility and other technical studies (collectively,
<br /> "Exploration and Development -_
<br /> p p Operations"); and (ii) ingress and egress to adjacent private,
<br /> State of Colorado,and federally-owned properties for the conduct of such operations.
<br /> If any federal, state, or local agency permit, application,petition,
<br /> or filing(collectively, the "Authorizations") require that Operator obtain
<br /> Grantor's prior consent, Grantor has provided and hereby provides its
<br /> consent to any and all Authorizations by execution of the Agreement. If
<br /> any of the Authorizations require Grantor's action, including, but not
<br /> limited to,Grantor's express written consent,Grantor agrees,upon request
<br /> by Operator, to take such action or provide such consent as reasonably
<br /> appropriate and without unreasonable delay.
<br /> The term of the Agreement is from the Effective Date through December 31, 2030(the
<br /> "Primary Tenn"). The Grantor also has granted and hereby grants to the Operator the option to
<br /> extend the Primary Tenn of this Agreement under the same terms and conditions for an
<br /> additional four(4)years(through December 31,2034).
<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 /> (Signature Pages to Follow.]
<br />
|