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Exhibit A to Surface Use Agreement
<br /> by and between L Imo,
<br /> Mark and Tracy Sab¢ak
<br /> and Tallahassee LLC a N
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<br /> i MEMORANDUM OF
<br /> SURFACE USE AGREEMENT Q w
<br /> KNOW ALL MEN BY THESE PRESENTS: _
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<br /> On ,2022 (the"Effective Date'), Mark and Tracy Sobczak ("Grantor"),
<br /> and Tallahassee LLC,("Operator"), a Delaware limited liability company, whose address is P.O.
<br /> Box 376, West Perth, Western Australia 6872,Australia entered into a Surface Use Agreement
<br /> ("Agreement') covering the following described lands (the"Subject Lands"}located in Fremont o
<br /> County,Colorado,to-wit: —
<br /> SOUTH T-BAR RANCH LOT 103-1 and 103-2 SOUTH T-BAR RANCH AMENDMENT REF FROM 999-25-069/068/999-
<br /> 27-159 —
<br /> Pursuant to the Agreement, Grantor granted and Grantor hereby grants to the Operator a
<br /> non-exclusive right to enterupon and explore the Subject Lands for the purposes of @ 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 preparation, drilling,pit and road
<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 other technical studies (collectively, "Exploration and
<br /> Development Operations'); and(ii) ingress and egress to adjacent primate, 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 consent,Grantor has provided and
<br /> hereby provides its consent to any and all Authorizations by execution of the Agreement_ If 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 take 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, 2030 (the
<br /> Primary Term ). The Grantor 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 31,2034).
<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 represerWives, 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.
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