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II I' II I II' II I III'll . ~ C~erne~Dmsnodn stnes <br />Y Boettcher Planl <br />sss R~~,~IY~® <br />P.O. Box 2227 <br />Fort Collins, Colorado 80522 <br />MAR 13 1990 303 482 4065 <br />MINED LAND <br />,it(.. ".M . r, , ~ . ~ <br />~FR'II TIED MAIL N0. <br />R;rTURN RECEIPT REQUESTED <br />1 ~~ <br />RE: Ideal Merger into parent corrq~any <br />Holnam Inc. <br />Permit No. 77-344 <br />Colorado Mined Land Reclamation Board <br />Gear Sirs: Mining & Reclamation Permit <br />Ideal Basic Industries, Inc. (hereinafter "Ideal"), hereby <br />gives notice that on or about March 7, 1990, it will merge into <br />its parent company, Holnam Inc. Ideal will cease to exist as <br />ar, i.ndependent entity and all assets and liabilities of Ideal <br />will be transferred by operation of law to Holnam Inc. The <br />operations conducted at the Portland Plant, however, will <br />ru~na.in in all resper_ts the same as when Ideal functioned as <br />•:Y subsidiary of the parent company, Holnam Inc. <br />We assume that your receipt of this notice suffices to <br />transfer the MLRB pexrnit number 77-394 <br />from Ideal, the former owner.-operator, to Holnam Inc., the <br />entity that will become the new owner-operator, on or about <br />March 7, 1990. <br />Yours truly, <br />l~ ~ (~,. <br />R. R. McGilvray <br />