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This rider is effective 8/3/2012. <br />Signed and Sealed 8/3t2012. <br />GENERAL SURETY RIDER <br />To be attached and form a part of <br />Type of Bond: Reclamation Bond — Carnation Mine, San Miguel County, CO; Permit No. M -77 -416 <br />Bond No.: <br />Dated effective: 5/11/07 <br />Executed by: Denison Mines (USA) Corp., as Principal, <br />(PRINCIPAL) <br />and by: National Union Fire Insurance Company of Pittsburgh, PA , as Surety, <br />(SURETY) <br />and in favor of : State of Colorado, Department of Natural Resources <br />(OBLIGEE) <br />In consideration of the mutual agreements herein contained the Principal and the Surety hereby consent to <br />changing <br />Principal Name Denison Mines (USA) Corp. Energy Fuels Resources (USA) Inc. <br />Nothing herein contained shall vary, alter or extend any provision or condition of this bond except as herein <br />expressly stated. <br />Al <br />Energy Fup)ls Resources (USA) Inc. <br />PRINCIPAL . t! <br />i � / " i --.- <br />/4v: � � , <br />BY: s <br />Ting' !, <br />National Union Fire Insurance Company of Pittsburgh, PA <br />SURETY <br />• <br />BY: • ' • e' tE✓�04.,;ik'_ 4 , i L ! l 6,,1- <br />TITLE Nicole' L. McCollam, Attorney -in -Fact <br />1550 17th street, Suite 600 <br />Denver, CO 80202 -1657 <br />Phone 303.534.4567 <br />