EX-99.4 5 g084762_ex99-4.htm EXHIBIT 99.4

Exhibit 99.4

 

PURCHASE AND SALE AGREEMENT

 

THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) is made this 11th day of March, 2025 (the “Effective Date”) by and between Stakeholder Energy, LLC, a Wyoming limited liability company (“Seller”), and Powder River Basin LLC, a Delaware limited liability company (“Buyer”) (collectively the “Parties” and individually each may be referred to as a “Party”).

 

RECITALS

 

A.Whereas, Seller holds a leasehold interest in certain properties covered by the mining leases, amendments thereto, and correlating agreements described in the attached Exhibit A (together, the “Mining Leases”).

 

B.Whereas, Seller holds the unpatented mining claims located in Converse County, Wyoming more particularly described in the attached Exhibit B (the “Mining Claims”).

 

C.Whereas, Seller holds a leasehold interest in certain properties covered by the Wyoming State Uranium leases located in Converse County, Wyoming described in the attached Exhibit C (the “WY State Leases”).

 

D.Whereas, Seller holds contractual interests in certain properties covered by the surface use, exploration and development contracts, including amendments and memorandums thereof, described in the attached Exhibit D (the “Development Agreements”; together with the Mining Leases, the Mining Claims and the WY State Leases, the “Converse County Assets”). The Mining Leases, the WY State Leases and the Development Agreements are collectively referred to herein as the “Underlying Agreements.”

 

E.Whereas, Seller and Usuran Resources, Inc., a Colorado corporation (“Usuran”) and a member of Buyer, entered into that certain Memorandum of Understanding and Term Sheet, dated June 19, 2024 (as amended, the “MOU”), providing for obligations, mutual promises, burdens and benefits to be afforded the Parties during the due diligence period prior to execution of this Agreement.

 

F.Whereas, Seller desires to sell and Buyer desires to purchase all of Seller’s interests in the Converse County Assets, pursuant to the terms and conditions set forth below.

 

G.Whereas, the Parties agree to use an independent escrow agent (the “Escrow Agent”) to hold deeds, assignments, and other transfer documents until the purchase price of the Converse County Assets has been paid in full.

 

AGREEMENT

 

NOW, THEREFORE, for and in consideration of the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confirmed, the Parties agree as follows:

 

 

 

 

1.Purchase.

 

(a)          Subject to the terms set forth herein, Seller agrees to assign and convey to Buyer or Buyer’s Affiliate designee all of Seller’s right, title, and interest in the Converse County Assets free and clear of all liens, charges, encumbrances, and claims arising by, through, or under Seller, subject to any Area of Interest Royalty becoming payable to Seller, the Royalty Assignments, the Underlying Agreements and instruments appearing of record in the public records of the Converse County recorder (but only to the extent such instruments do not constitute liens, claims or encumbrances arising by, through or under Seller and are not inconsistent with Seller’s representations and warranties in Section 14(b)(v)), for Twenty-Two Million Five Hundred Thousand Dollars ($22,500,000.00) (the “Purchase Price”), payable to Seller in three equal installments (each an “Installment” and collectively the “Installments”) as follows:

 

(i)          Seven Million Five Hundred Thousand Dollars ($7,500,000.00) (the “First Installment”) payable to Seller at Closing by wire transfer or other form of payment satisfactory to Seller, reduced as set forth in Section 1(d) below; and

 

(ii)         Seven Million Five Hundred Thousand Dollars ($7,500,000.00) (the “Second Installment”) to be paid on or before the one (1) year anniversary of Closing, payable to Seller, by delivery thereof to the Escrow Agent by wire transfer or other form of payment satisfactory to Seller; and

 

(iii)        Seven Million Five Hundred Thousand Dollars ($7,500,000.00) (the “Final Installment”) to be paid on or before the two (2) year anniversary of Closing, payable to Seller, by delivery thereof to the Escrow Agent by wire transfer or other form of payment satisfactory to Seller.

 

(b)          Buyer shall have the right to prepay any Installment or all of the Installments without penalty; provided, however, that any prepayment by Buyer shall not relieve Buyer from making the next required Installment payment when due.

 

(c)          If there is an uncured, undisputed default in Buyer’s payment of the Second Installment or the Final Installment, and Buyer has not cured such default within twenty (20) business days after written notice of the same has been given by Seller, all Transfer Documents shall be delivered to Seller pursuant to the Escrow Instructions, below defined, along with any and all other documents required to reconvey all of Buyer’s right, title, and interest in the Converse County Assets to Seller. In connection with such reconveyance, Buyer agrees to execute and deliver, without additional consideration, such further assurances, instruments and documents, and to take such further actions as Seller may reasonably request and as may be reasonably necessary in order to fulfill this reconveyance obligation and fully revest title to and possession of the Converse County Assets in Seller.

 

(d)          In addition to the payments set forth above, Buyer shall make an additional payment to Seller of Two Hundred Thousand Dollars ($200,000) on the Effective Date, by wire transfer pursuant to written instructions provided by Seller. One-half of that additional payment ($100,000) shall be credited against the First Installment at the Closing, and the remainder of that payment shall be non-refundable.

 

2.            Closing. Closing of the transaction contemplated under this Agreement (“Closing”) shall occur upon the completion of the following (the “Closing Date”):

 

(a)          Seller’s delivery of the Transfer Documents, below defined, to the Escrow Agent or to Buyer, as applicable;

 

(b)          Seller’s execution and delivery of escrow instructions, substantially in the form of the attached Exhibit E (the “Escrow Instructions”), to Buyer and Escrow Agent;

 

(c)          Buyer’s execution and delivery of the Escrow Instructions to Seller and Escrow Agent; and

 

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(d)          Buyer’s full payment of the First Installment pursuant to Section 1.

 

Unless the Parties otherwise agree, the Closing shall occur on or before April 22, 2025.

 

3.Delivery of Transfer Documents.

 

On or before the Closing Date, Seller shall execute and deliver to the Escrow Agent (or provide to Buyer, as indicated) the following documents (the “Transfer Documents”), some of which shall also be executed by Buyer, as set forth in the identified exhibits:

 

(a)          To the Escrow Agent: an assignment and assumption agreement conveying all of Seller’s right, title and interest in the Mining Leases and the WY State Leases to Buyer, substantially in the form of the attached Exhibit F (the “Mining Lease Assignment”);

 

(b)          To the Escrow Agent: a quitclaim deed, conveying all of Seller’s right, title and interest in the Mining Claims to Buyer, without warranty and substantially in the form of the attached Exhibit G (the “Quitclaim Deed”);

 

(c)          To the Escrow Agent: one or more assignments conveying all of Seller’s right, title and interest in the WY State Leases to Buyer, substantially in the form of the attached Exhibit H (the “State Lease Assignment”), as required by the Wyoming Office of State Lands and Investments (“OSLI”);

 

(d)          To the Escrow Agent: an assignment and assumption agreement conveying all of Seller’s right, title and interest in the Development Agreements to Buyer, substantially in the form of the attached Exhibit I (the “Development Agreements Assignment”);

 

(e)          To the Buyer: estoppel certificates from each of the counterparties to the Mining Leases and the Development Agreements, substantially in the form attached as Exhibit J (“Estoppel Certificates”);

 

(f)           To the Buyer: third-party consents from each of the counterparties to the Mining Leases and Development Agreements which require such consent (“Third-party Consents”);

 

(g)          To the Buyer: amendments to each of the Underlying Agreements executed by Seller and each of the counterparties thereto, amended in a manner satisfactory to Buyer to reflect the changes described in the attached Exhibit K-1;

 

(h)          To the Buyer: amendments to each of those certain Royalty Assignments, identified as Assignment Nos. 7, 8 and 9 on the attached Exhibit M, executed by Seller and each of the counterparties thereto, amended in a manner satisfactory to Buyer to reflect the changes described in Exhibit K-2;

 

(i)           To the Escrow Agent: a Foreign Investment in Real Property Tax Act (“FIRPTA”) certificate of Seller dated the Closing Date, in the form attached hereto as Exhibit L;

 

(j)           To the Escrow Agent: the Escrow Instructions; and

 

(k)          To the Escrow Agent or the Buyer, as appropriate: any and all other customary documents reasonably necessary to convey all of Seller’s interests in the Converse County Assets to Buyer.

 

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4.            Escrow. The Parties hereby designate American Title Agency of Casper, Wyoming as the Escrow Agent under this Agreement (the “Escrow Agent”). All costs attendant with said escrow arrangement shall be paid by the Buyer. The Transfer Documents shall be placed in escrow with the Escrow Agent. Escrow fees shall be paid by the Buyer. The Parties hereby instruct and authorize the Escrow Agent as follows, and as more particularly stated in the Escrow Instructions:

 

(a)Upon receipt of each Installment payment, the Escrow Agent shall promptly remit the payment, to Seller, or to any person or entity designated by Seller in writing to the Escrow Agent.

 

(b)Notwithstanding Section 11, not later than three (3) days after full payment of the Purchase Price, the Escrow Agent shall deliver to Buyer, or to any person or entity designated by Buyer in writing to the Escrow Agent, all the documents then held by the Escrow Agent with regard to this Agreement.

 

(c)Upon receipt of an Affidavit of Seller declaring that:

 

(1)Buyer has defaulted under this Agreement;

 

(2)Seller has given Buyer notice of such default;

 

(3)Buyer has not cured such default within twenty (20) business days after Stakeholder giving such notice and has not disputed the existence of such default; and

 

(4)Seller has terminated and canceled this Agreement,

 

the Escrow Agent shall deliver to Seller all documents then held by the Escrow Agent with regard to this Agreement, as specified and directed by Seller.

 

(d)          All sales, use, transfer or similar taxes or governmental charges and all deed taxes and recording fees, including BLM transfer fees, with respect to the sale of the Converse County Assets, but excluding attorneys’ fees and costs of the Parties shall be paid when due by Buyer.

 

(e)          At the Closing, the Parties will deliver the Escrow Instructions to the Escrow Agent.

 

5.            Royalty Assignments. The Converse County Assets are subject to the royalty assignments and agreements described in the attached Exhibit M (collectively, as amended, the “Royalty Assignments” and each individually, as amended, a “Royalty Assignment”), each of which creates a royalty payment obligation (collectively, the “Royalties” and each individually a “Royalty”). Subject to the terms and conditions of this Agreement, Buyer expressly assumes all of Seller’s liability and obligations under the Royalty Assignments from and after the Closing Date and Seller expressly retains all of Seller’s liability and obligations under the Royalty Assignments existing prior to the Closing Date. Prior to Closing, the Parties shall cooperate and verify that the Royalty Assignments, as amended, are properly perfected or recorded against the Converse County Assets.

 

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6.Conditions to Closing.

 

(a)          Conditions to Buyer’s Obligation to Close. The obligation of Buyer to consummate this transaction is subject to the fulfillment, on or before the Closing Date, of each of the following conditions, any one or a portion of which may be waived in writing by Buyer:

 

(i)          Seller’s representations and warranties in Section 14 shall be true and correct as of the Closing Date;

 

(ii)         Seller shall have delivered to the Escrow Agent or provided to Buyer all of the agreements and other documents required to be delivered by Seller pursuant to Section 3;

 

(iii)        as of the Closing Date, no lawsuit, action or other proceeding shall have been threatened or instituted to restrain, enjoin, or otherwise prevent the consummation of this Agreement or the transactions contemplated hereunder;

 

(iv)        Seller shall have performed all of its pre-Closing obligations under this Agreement;

 

(v)         Seller having obtained amendments to each of the Underlying Agreements executed by Seller and each of the counterparties thereto, amended in a manner satisfactory to Buyer to reflect the changes described in the attached Exhibit K-1;

 

(vi)        Seller having obtained amendments to those certain Royalty Assignments identified as Assignment Nos. 7, 8 and 9 in the attached Exhibit M, executed by Seller and each of the counterparties thereto; amended in a manner satisfactory to Buyer to reflect the changes described in the attached Exhibit K-2;

 

(vii)       Buyer obtaining confirmation from the Australian Securities Exchange (“ASX”) confirming that ASX Listing Rule 11.1.3 does not apply to the transaction contemplated by this Agreement; and

 

(viii)      Buyer and the parent companies of Buyer’s members, Global Uranium and Enrichment, Ltd. and Snow Lake Resources Ltd., obtaining all necessary shareholder, third-party, and regulatory approvals necessary to complete the transaction contemplated by this Agreement;

 

(b)          Conditions to Seller’s Obligation to Close. The obligation of Seller to consummate this transaction is subject to the fulfillment, at or before Closing, of each of the following conditions, any one or a portion of which may be waived in writing by Seller:

 

(i)          Buyer’s representations and warranties in Section 15 shall be true and correct as of the Closing Date;

 

(ii)         Buyer shall have delivered to Seller all of the agreements required to be executed by Buyer pursuant to Section 3;

 

(iii)        as of the Closing Date, no suit, action, or other proceeding shall have been threatened or instituted to restrict, enjoin or otherwise prevent the consummation of this Agreement or the transactions contemplated hereunder;

 

(iv)        Buyer shall have performed all of its pre-Closing obligations under this Agreement; and

 

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(v)Buyer shall have made full payment of the First Installment to Seller.

 

7.            Possession; Grant of Rights During Term. From the Closing Date until the Escrow Agent’s delivery of the Transfer Documents to Buyer (the “Term”):

 

(a)          Buyer’s Rights During Term. Subject to the terms of the Underlying Agreements, Seller hereby grants to Buyer and Buyer shall have the sole and exclusive right (on its own or through the use of independent contractors or consultants) to enter upon and use the Mining Claims and the properties covered by the Underlying Agreements (collectively with the Mining Claims, the “Properties”), and to grant such rights to its Affiliates and permitted assigns, for the purpose and with the sole and exclusive right and privilege of prospecting, exploring for and developing uranium, vanadium and related minerals (“Subject Minerals”), including without limitation, the sole and exclusive right and privilege:

 

(i)          to enter upon the Properties for purposes of surveying, exploring for, prospecting for, sampling, trenching, mapping, assaying, drilling, and developing Subject Minerals;

 

(ii)         to construct, use, maintain, repair, replace and relocate drill pads, buildings, roads, ditches, wells, pipelines, power and communication lines, structures, ponds, utilities and other improvements, fixtures and facilities required by Buyer for the full enjoyment of the Properties for the purposes set forth in this Section 7(a);

 

(iii)        to use so much of the Properties as Buyer may consider necessary, convenient or suitable for any such purposes;

 

(iv)        to use all easements and rights-of-way for ingress and egress to and from the Properties as Seller may be entitled;

 

(v)         to appropriate and use, consistent with Wyoming law and the Underlying Agreements, any surface and underground water or water rights now existing or subsequently discovered or developed on or appurtenant to the Properties, and to divert existing creeks and streams; and

 

(vi)        to exercise all other rights which are incidental to any or all of the rights specified, mentioned or referred to within this Agreement, including the conduct of Exploration, Development and Related Work.

 

(b)          Payment Obligations During the Term. During the Term, Buyer shall timely pay:

 

(i)          any and all applicable advance minimum royalties, rentals, and other periodic payments required under the Royalty Assignments and the Underlying Agreements; and

 

(ii)         any and all fees associated with maintaining the Mining Claims, including without limitation annual unpatented mining claim maintenance fees.

 

(c)          Cooperation Between Buyer and Seller During the Term. During the Term:

 

(i)          Seller has recently extended the term of WY State Lease No. #O-43497. Seller shall prior to the Closing Date provide a notice to Buyer outlining all costs and fees Seller incurred to obtain that extension. Upon receipt of such notice, Buyer shall promptly tender payment to Seller for reimbursement of any direct costs (including reasonable attorneys’ fees) and fees actually incurred by Seller in obtaining that extension. The amount of such reimbursement may be included by Buyer as Exploration and Development Expenses.

 

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(ii)         Seller shall cooperate with Buyer in Buyer’s efforts to obtain any permits or licenses required from governmental agencies or third parties to allow Buyer to conduct any activities on the Properties authorized under Section 7(a).

 

(iii)        Buyer and Seller shall cooperate to the extent Buyer needs any information or materials necessary to satisfy its payment obligations under Section 7(b).

 

(iv)        Seller shall not take any actions which would result in breach or termination of any or all of the Underlying Agreements, which would result in the placement of any lien or encumbrance on any of the Properties, or which would be in contravention of any of Seller’s representations and warranties hereunder.

 

(v)         Seller shall not amend the terms and conditions of any of the Underlying Agreements without the written consent of Buyer and except as otherwise set forth in Section 3(g).

 

(vi)        Without modifying Buyer’s obligations under Section 7(b)(i), Seller shall distribute all payments received from Buyer under this Agreement as required by the terms and conditions of the Underlying Agreements.

 

(vii)       Seller shall not, directly or indirectly:

 

(A)          solicit competing bids, enter into any discussions, negotiations, agreements (binding or otherwise) with any party (or encourage, solicit or procure any party to do any of those things) in relation to a sale of, or an option to sell, an interest in all or part of the Converse County Assets;

 

(B)          provide confidential materials to third parties known by Seller to be potential purchasers of the Converse County Assets;

 

(C)          grant any rights over the Converse County Assets or contract to sell the Converse County Assets except to Buyer; or

 

(D)          encumber, assign, charge or otherwise dispose of any of the Converse County Assets or its rights in respect of the Converse County Assets, except to Buyer.

 

8.Condition of the Property.

 

(a)          Prior to the Closing and subject to Section 7(c)(i), Buyer shall make all payments required under the Underlying Agreements and take all other actions necessary to maintain all interests in the Converse County Assets, and, at Buyer’s request, Seller shall cooperate with Buyer to facilitate such payments and other necessary actions to maintain the Converse County Assets. Unless otherwise specifically authorized herein, Seller agrees that between the Closing Date and Buyer’s full payment of the Purchase Price and the Escrow Agent’s delivery of the Transfer Documents, Seller shall not assign, sell, lease or otherwise transfer, dispose of, or encumber the Converse County Assets, and Seller shall not conduct any activities on the Properties inconsistent with or that could reasonably be expected to have any adverse impact on the rights that are granted to Buyer in this Agreement. During such period, Seller will defend, indemnify and hold Buyer harmless from all claims, demands, costs (including reasonable attorneys’ fees), loss, or damage which may result from any activities of Seller on the Properties and from any loss of an interest in all or any portion of the Converse County Assets as the result of any action or inaction by Seller.

 

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(b)          Between the Closing Date and Buyer’s full payment of the Purchase Price and the Escrow Agent’s delivery of the Transfer Documents, Buyer shall notify Seller in writing if Buyer wishes to abandon or surrender or allow to lapse or expire all or any part or parts of the Converse County Assets by providing a written notice thereof (“Asset Abandonment Proposal”). Within thirty (30) days after Seller’s receipt of any Asset Abandonment Proposal, Seller shall notify Buyer either (i) that it concurs with the Asset Abandonment Proposal, in which case Seller and Buyer shall work together, including taking any steps as may be required under any applicable Underlying Agreement, to abandon the identified assets, or (ii) that it wishes to retain its interest in those Converse County Assets proposed for abandonment or surrender, in which case Seller shall take such actions as are reasonably requested by Buyer to evidence the fact that those assets are no longer part of the Converse County Assets which Buyer has the right to purchase under this Agreement. Buyer may not make an Asset Abandonment Proposal if it would reasonably be expected to cause a breach of any Underlying Agreement (or, if an Underlying Agreement would reasonably be expected to be breached, consent of any relevant counterparties to such Underlying Agreement has not been obtained in writing).

 

9.            Risk of Loss, Reclamation, and Indemnification. Buyer will be responsible for all risks, claims, damages, and obligations arising from its exploration and development activities and other operations relating to the Converse County Assets during the Term. Buyer will defend, indemnify and hold Seller harmless from all claims, demands, costs (including reasonable attorneys’ fees), loss, or damage which may result from its exploration and development activities and other operations relating to the Converse County Assets during the Term. After Closing, all risk of loss shall be held by Buyer.

 

10.          Assumption of Obligations. Subject to the provisions of Section 13, upon Seller’s delivery of the Mining Lease Assignment, the State Lease Assignments, the Quitclaim Deed, and the Development Agreements Assignment to the Escrow Agent at Closing, Buyer shall assume all liabilities and obligations of Seller with respect to the Underlying Agreements and maintenance of the Mining Claims that arise after the Closing Date.

 

11.          Diligence and Expenditures.

 

(a)          Prior to Closing, to the extent reasonably requested by Buyer and at Buyer’s expense, Seller shall make available for review and copying (in paper or electronic form) by Buyer all data and information in Seller’s possession pertaining to the Converse County Assets, including the Underlying Agreements, and Buyer may conduct such due diligence regarding the Converse County Assets as Buyer deems necessary in its sole discretion.

 

(b)          “Exploration, Development and Related Work” shall mean and include all operations and activities of Buyer (or performed at the request of Buyer) on or relating to the Properties for purposes of prospecting, exploration, development, and related activities for Subject Minerals.

 

(c)          “Exploration and Development Costs” shall mean all costs or fees, expenses, liabilities and charges paid or incurred by Buyer which are related to Exploration, Development and Related Work, including without limitation:

 

(i)          all costs and expenses incurred in conducting exploration and prospecting activities on or in connection with the Properties, including, without limitation, the pursuit of required federal, state or local authorizations or permits and the performance of environmental protection or reclamation obligations, the building, maintenance and repair of roads, drill site preparation, drilling, tracking, sampling, trenching, digging test pits, shaft sinking, acquiring, diverting and/or transporting water necessary for exploration, logging of drill holes and drill cores, completion and evaluation of geological, geophysical, geochemical or other exploration data and preparation of interpretive reports, and surveying and laboratory costs and charges (including assays or metallurgical analyses and tests);

 

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(ii)         all expenses incurred in conducting development activities on or in connection with the Properties, including, without limitation, the pursuit of required federal, state or local authorizations or permits and the performance of environmental protection or reclamation obligations, pre-stripping and stripping, the construction, installation, and maintenance of a mill, leach pads or other beneficiation facilities for Subject Minerals, construction, maintenance, and operation of buildings and improvements, roads, power lines, pipelines, injection wells, monitoring wells, water infrastructure, and other activities, operations or work performed in preparation for the removal of Subject Minerals from the Properties;

 

(iii)        all costs incurred in performing any reclamation or other restoration or clean-up work required by any federal, state or local agency or authority, including all reclamation bond fees and sureties fees and all costs of insurance obtained or in force to cover activities undertaken by or on Buyer’s behalf on the Properties;

 

(iv)        reasonable salaries, wages, expenses and benefits (other than any equity-based compensation) paid or provided to Buyer’s employees or consultants engaged primarily in operations directly relating to the Converse County Assets, excluding the salaries, wages, expenses and benefits of Buyer’s and Buyers’ Affiliates’ Directors, CEOs, and CFOs (for clarity, the amount of salary, wages, expenses and benefits of an employee that shall be deemed to be “Exploration and Development Expenses” shall be that portion of the employee’s total compensation that is proportionate to such employee’s time spent engaged in activities related to the Converse County Assets relative to the time spent by such employee on other Buyer business);

 

(v)         all costs incurred in connection with the preparation of pre-feasibility or feasibility studies or other economic and technical analyses pertaining to the Converse County Assets, whether carried out by Buyer or by third parties under contract with Buyer;

 

(vi)        taxes and assessments, other than income taxes, assessed or levied upon or against the Properties or any improvements thereon situated thereon for which Buyer is responsible or for which Buyer reimburses any underlying lessor;

 

(vii)       costs of material, equipment and supplies acquired, leased or hired, for use in conducting exploration or development operations relating to the Converse County Assets; provided, however, that equipment owned and supplied by Buyer shall be chargeable at rates no greater than comparable market rental rates available in the area of the Properties;

 

(viii)      costs incurred by Buyer in examining and curing title to any part of the Properties, in maintaining the Converse County Assets (including making required payments under the Underlying Agreements), whether through the performance of assessment work, the payment of claim maintenance fees or otherwise, in satisfying surface use or damage obligations to landowners, or in conducting any analyses of the environmental conditions at or affecting the Properties;

 

(ix)        all amounts paid to Seller by Buyer pursuant to Section 6 of the MOU; and

 

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(x)          costs incurred by Buyer or its members in locating additional unpatented mining claims within the areas previously identified in, and as set forth in, the Staking Agreement between Seller and Usuran dated February 14, 2025 (the “Staking Agreement”), including any such costs incurred by Buyer in locating any such claims following the date of the MOU but prior to the Effective Date. Any such claims may be located by Buyer only after consultation with Seller, and any such claims shall be included within the Mining Claims and be subject to this Agreement.

 

(d)          Buyer shall expend $10,000,000.00 in Exploration and Development Costs by the three (3) year anniversary of Closing (“E&D Expenditure Requirement”). Buyer shall expend at least $3,000,000.00 of the E&D Expenditure Requirement by the one-year anniversary of Closing (the “First Year E&D Expenditure”) and at least an additional $3,000,000.00 of the E&D Expenditure Requirement by the two-year anniversary of Closing (“the “Second-Year E&D Expenditure,” and together with the First Year E&D Expenditure, the “Yearly E&D Expenditures”). Notwithstanding the foregoing, sixty (60) days after the payment of the Final Installment, the E&D Expenditure Requirement shall terminate, Buyer shall have no further obligation to incur any additional Exploration and Development Costs or to make up the difference between the E&D Expenditure Requirement and the amount of Exploration and Development Costs actually incurred, and the provisions of Sections 11(e) and 11(f) shall no longer apply; provided that Seller has not previously provided Buyer with an uncured and uncontested notice of failure to timely comply with the E&D Expenditure Requirement as set forth in Section 11(f).

 

(e)          Not later than sixty (60) days after the end of each calendar quarter, Buyer shall provide Seller with quarterly reports identifying all of Buyer’s Exploration, Development and Related Work and disclosing all data obtained or derived from same during each respective quarter, other than any such data which is confidential or proprietary to any third party. The quarterly reports shall include, without limitation, an accounting of the costs expended under Section 11(b), geological surveys, locations of core samples, and all assay results and related factual data. Not later than thirty (30) days after the payment of the Final Installment, Buyer shall provide Seller with a quarterly report from the effective date of the last report to the date of the Final Installment.

 

(f)           If Seller believes Buyer has failed to timely comply with the E&D Expenditure Requirement or either or both of the Yearly E&D Expenditures, Seller shall notify Buyer of such failure, and if Buyer does not dispute the same, it shall reconvey all of Buyer’s right, title, and interest in the Converse County Assets to Seller within sixty (60) days after receipt of such notice, unless during that sixty (60) day period Buyer to Seller pays the difference between the E&D Expenditure Requirement or a Yearly E&D Expenditure(s), as may be applicable, and the amount of Exploration and Development Costs actually incurred by Buyer. If Buyer in good faith disputes Seller’s assertion that Buyer has not timely complied with the E&D Expenditure Requirement or a Yearly E&D Expenditure by filing an action in a court of competent jurisdiction, that sixty (60) day period shall be suspended until entry of a final, non-appealable decision by a court of competent jurisdiction confirming that such a default occurred.

 

12.Area of Interest.

 

(a)           “Royalty Area of Interest” means an area including all lands, but excluding the Properties, within the boundaries set forth on the map attached hereto as Exhibit N (the “Map”), excluding the areas specifically designated as “Excluded Areas” as set forth thereon. Seller shall be entitled to receive a sliding scale percentage Net Smelter Returns royalty on the production and sale of Subject Minerals from any additional property or property interests acquired by Buyer, or its Affiliates or permitted assigns (each an “AOI Property”), within twenty (20) years after the Effective Date and located within this Royalty Area of Interest, as such royalty is more particularly defined in the attached Exhibit O (“Area of Interest Royalty”). Notwithstanding anything to the contrary herein, for the area designated in yellow on the Map (and described on the Map as the “Alternate Royalty Ground”), the Area of Interest Royalty shall be payable (i) only to the extent that it does not make the overall royalty burden on that area greater than the overall royalty burden on the Properties as of the Closing Date (but not to include any future royalty burdens placed on said area directly by Buyer or its Affiliates or as a result of their agreements or arrangements with other owners of the Alternate Royalty Ground), and (ii) only with respect to any properties Buyer acquires in that area on or before the date that is five (5) years after the date of payment of the Final Installment.

 

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(b)          During the Term and for a period of five (5) years after the Closing Date, neither Seller nor its members, nor any of its or their respective Affiliates, shall acquire any interest in any real property located within the Royalty Area of Interest for the purpose of exploration or development of uranium.

 

13.          Confidentiality. With respect to any information provided by Buyer to Seller under Section 11 (the “Confidential Information”), except as and to the extent required by law or the rules of a recognized securities exchange on which Seller’s equity is traded, and without the prior written consent of Buyer, Seller shall not, and shall direct its directors, officers, employees, agents, consultants, bankers, advisors and potential funding partners (including, without limitation, financial advisors, counsel and accountants) not to, directly or indirectly disclose or use for any purpose, any Confidential Information. Buyer, through its members or their parent companies, shall be free to disclose to the public, in compliance with applicable securities laws, and to potential third-party investors, financing providers, and joint venture partners, the existence of this Agreement and any and all information concerning the Converse County Assets and the Properties. Buyer shall timely notify and inform Seller of such disclosures of information made during the Term.

 

14.Seller’s Representations and Warranties.

 

(a)          “Environmental Laws” means any federal, state or local statute, law, regulation, rule, code, ordinance or requirement, including any judicial or administrative order, consent decree or judgment, relating to the environment, health or safety, including without limitation the provisions of N.R.S. §§ 445A, 445B and 519A, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601, et seq. (“CERCLA”), the Toxic Substances Control Act, 15 U.S.C. § 2601, et seq. (“TSCA”), the Resource Conservation and Recovery Act, 42 U.S.C. § 6901, et seq. (“RCRA”), the Federal Water Pollution Control Act, 33 U.S.C. § 1344 (“FWPCA”), the Clean Air Act, 42 U.S.C. § 7401, et seq. (“CAA”), the Safe Drinking Water Act, 42 U.S.C. § 300i (“SDWA”), the Hazardous Materials Transportation Act, 49 U.S.C. § 6901 et seq., the Clean Water Act, 33 U.S.C. § 1251 et seq. (“CWA”) and the Superfund Amendments and Reauthorization Act of 1986, Pub. L. 99-499, 100 Stat. 1613, the Endangered Species Act, 16 U.S.C. § 1531, et seq., and the National Historic Preservation Act, 16 U.S.C. § 461, et seq.), each as amended or reauthorized, and any state law counterparts, including any plan, judgment, injunction, notice or demand letter issued, entered, promulgated or approved by any governmental authority, now or hereafter in effect, relating to the generation, production, installation, use, storage, treatment, handling, distribution, transportation, release, threatened release, recycling or disposal of hazardous materials or substances, noise control, reclamation or the protection of human health and safety, natural resources or the environment.

 

(b)As of the Effective Date and as of the Closing Date, Seller represents and warrants to Buyer that:

 

(i)          Organization of Seller. Seller is duly organized, validly existing and in good standing as a Wyoming limited liability company.

 

(ii)         Authorization of Seller. Seller has full power and authority to enter into this Agreement and to carry out the transactions contemplated by this Agreement. Seller has taken all action necessary to authorize its execution and performance of this Agreement, and the individual executing this Agreement has been duly authorized and directed to do so.

 

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(iii)         Execution and Binding Effect. This Agreement is, and Seller’s other instruments when executed and delivered by Seller in accordance with the terms hereof will be, legal, valid and binding obligations of Seller and enforceable in accordance with their terms, provided, however, that no representation or warranty as to enforceability is made with respect to (A) bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and (B) general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity.

 

(iv)        No Violation; Consents and Approvals. Neither the execution, delivery nor performance of this Agreement nor the consummation by Seller of the transactions contemplated hereby will (A) conflict with, violate or result in any breach of the terms, conditions or provisions of Seller’s articles of organization or limited liability company operating agreement, as amended and as currently in place; (B) conflict with, violate or result in any breach of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, any of the terms, conditions or provisions of any agreement, lease, instrument, obligation, understanding or arrangement to which Seller is a party or by which Seller may be bound or subject, except for such defaults (or rights of termination, cancellation or acceleration) as to which requisite waivers or consents have been obtained; (C) violate any statute, ordinance or law or any rule, regulation, order, judgment, writ, injunction or decree of any court or of any public, governmental or regulatory body, agency or authority applicable to Seller or by which any of its properties or assets, including the Converse County Assets, may be bound or subject; or (D) require any filing, declaration or registration with, or permit, consent or approval of, or the giving of any notice to, any person or entity, including any public, governmental or regulatory body, agency or authority.

 

(v)         Title; Leases; Royalties.

 

(A)          Exhibits A through D contain a complete and accurate listing of all of the Converse County Assets. Except as set forth on Exhibits A through D, Seller has not assigned, sold, leased, optioned, or otherwise transferred, disposed of, or encumbered its interest in any of the Converse County Assets, and Seller has not entered into any agreement or arrangement to do any of the foregoing.

 

(B)          All property taxes that have accrued through the Effective Date with respect to the Properties have been fully and timely paid.

 

(C)          To the best of Seller’s knowledge, all of the Converse County Assets are valid and in full force and effect, enforceable against the lessor or other counterparties thereto in accordance with their terms, and Seller has timely and properly performed all required obligations thereunder.

 

(D)          All Royalty Assignments, as amended, are a matter of public record in Converse County, and except for such recorded Royalty Assignments and any royalty obligations defined in the Underlying Agreements, there are no other royalties burdening the Converse County Assets.

 

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(vi)         Environmental Compliance.

 

(A)          Seller has no knowledge of, and has not received any notice of, any material claim or judicial or administrative proceeding, pending or threatened against, or which may affect, the Converse County Assets or operations thereon, relating to, or alleging any violation of, any Environmental Laws; it is not aware of any facts which could give rise to any such claim or judicial or administrative proceeding, and to the best of its knowledge, the Converse County Assets are not the subject of any investigation, evaluation, audit or review by any governmental authority to determine whether any violation of any Environmental Laws has occurred or is occurring or whether any remedial action is needed in connection with a release of any contaminant into the environment.

 

(B)          To the best of Seller’s knowledge, no hazardous or toxic waste or substance is or has been stored on the Properties, nor has it disposed of any hazardous or toxic waste from the Properties, in either case in a manner contrary to any Environmental Laws, and to the best of its knowledge there are no contaminants on the Properties other than in compliance with Environmental Laws.

 

(C)          To the best of Seller’s knowledge, with respect to the Converse County Assets, there is no contingent or other liability relating to the restoration or rehabilitation of land, water or any other part of the environment (except for those derived from normal exploration activities) or non-compliance with Environmental Laws.

 

(D)          There are to Seller’s knowledge no underground storage tanks on or under the Properties, and to Seller’s knowledge, no such tanks have ever been situated on or under the Properties.

 

(vii)       Permits. To the best of Seller’s knowledge, all federal, state and local permits required for any activities it is conducting on the Properties or pursuant to the terms of the Underlying Agreements have been maintained, and Seller has not been and is not in material default with respect to its obligations under the terms and conditions of such permits.

 

(viii)      Compliance with Law. Seller’s activities with respect to the Converse County Assets have been conducted and are in compliance with all applicable federal, state and local laws, regulations, ordinances, rules or orders, including Environmental Laws.

 

(ix)         Taxes. Seller has (i) timely filed (or has had timely filed on its behalf) with appropriate taxing authorities all tax returns required to be filed by it in connection with the Converse County Assets on or prior to the date hereof, and such tax returns are correct, complete and accurate in all material respects; and (ii) timely and properly paid all taxes due and payable with respect to the Converse County Assets, whether or not shown on such tax returns. There are no liens or encumbrances (other than statutory liens for taxes not yet due and payable) for taxes upon the Converse County Assets.

 

(x)          Litigation. Seller is not a party to, and has no knowledge of any threatened, actions, suits or proceedings: (A) pertaining to the Converse County Assets, including to suspend, modify, or cancel any permit relating to the Converse County Assets; or (B) which could materially affect Seller’s ability to meet its obligations under this Agreement.

 

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15.          Buyer’s Representations and Warranties. As of the Effective Date and as of the Closing Date, Buyer represents and warrants to Seller that:

 

(a)          Organization of Buyer. Buyer is duly organized, validly existing and in good standing as a limited liability company under the laws of the State of Delaware. Buyer has two members, Usuran and Snow Lake Exploration (US) Ltd., a Delaware corporation (“SLE”).

 

(b)          Authorization of Buyer. Buyer has full power and authority to enter into this Agreement and to carry out the transactions contemplated by this Agreement. Buyer has taken all actions necessary to authorize its execution and performance of this Agreement, and the officer executing this Agreement on behalf of Buyer has been duly authorized and directed to do so by Buyer.

 

(c)           Execution and Binding Effect. This Agreement is, and Buyer’s other instruments when executed and delivered by Buyer in accordance with the terms hereof will be, legal, valid and binding obligations of Buyer and enforceable in accordance with their terms, provided, however, that no representation or warranty as to enforceability is made with respect to (A) bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and (B) general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity.

 

(d)          No Violation; Consents and Approvals. Neither the execution, delivery nor performance of this Agreement nor the consummation by Buyer of the transactions contemplated hereby will (A) conflict with, violate or result in any breach of the terms, conditions or provisions of Buyer’s articles of incorporation or bylaws, as amended and as currently in place; (B) conflict with, violate or result in any breach of, or constitute a default (or give rise to any right of termination, cancellation or acceleration) under, any of the terms, conditions or provisions of any agreement, lease, instrument, obligation, understanding or arrangement to which Buyer is a party or by which Buyer may be bound or subject, except for such defaults (or rights of termination, cancellation or acceleration) as to which requisite waivers or consents have been obtained; (C) violate any statute, ordinance or law or any rule, regulation, order, judgment, writ, injunction or decree of any court or of any public, governmental or regulatory body, agency or authority applicable to Buyer or by which any of its properties or assets may be bound or subject; or (D) require any filing, declaration or registration with, or permit, consent or approval of, or the giving of any notice to, any person or entity, including any public, governmental or regulatory body, agency or authority.

 

16.Default and Termination.

 

(a)          Default. Buyer’s failure to abide by the terms of this Agreement, including its obligation to make full payment when due and without demand, constitutes a default. Upon Buyer’s default, Seller may give Buyer a notice requiring Buyer to satisfy the obligations within a period of twenty (20) business days from the date of the notice or, if such obligations cannot reasonably be satisfied within a period of twenty (20) days, to commence activities to satisfy such obligations and thereafter to use commercially reasonable efforts to satisfy such obligations in a timely manner.

 

(b)Termination. This Agreement may be terminated as follows:

 

(i)          At Buyer’s sole discretion at any time after the Closing and prior to payment of the Final Installment and delivery of the Transaction Documents to Buyer by the Escrow Agent;

 

(ii)         upon notice by Seller to Buyer if the conditions to closing set forth in Section 6(b) shall not have been satisfied and shall have not been waived by Seller by May 15, 2025;

 

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(iii)        upon notice by Buyer to Seller if the conditions to closing set forth in Section 6(a) shall not have been satisfied and shall not have been waived by Buyer by May 15, 2025;

 

(iv)        at Seller’s sole discretion and subject to the provisions of Section 16(a), upon Buyer’s default; or

 

(v)         at Buyer’s sole discretion, upon Seller’s default.

 

17.Effect of Termination. If this Agreement is terminated pursuant to Section 16:

 

(a)          all filings, applications and other submissions made pursuant to or in connection with this Agreement shall, at the option of Seller, and to the extent practicable, be withdrawn from the governmental entity or other person to which made;

 

(b)          at the option of Seller, all Transfer Documents shall be returned to Seller and, as applicable, the rights conveyed to Buyer by the Transfer Documents reconveyed to Seller;

 

(c)          the obligations provided for in this Section 17, Section 18, and Sections 9 (solely with respect to obligations arising prior to termination, and not with respect to obligations arising thereafter), 13 and Sections 19 through 30 shall survive any such termination;

 

(d)          Seller may, in the event of termination pursuant to Section 16(b)(iv) as a result of Buyer’s default only, at Seller’s sole discretion, declare all monies paid by Buyer pursuant to the terms of this Agreement forfeited, in addition to any other remedies available to Seller at law or equity;

 

(e)          Buyer shall, in the event of termination pursuant to Section 16(b)(v) as a result of Seller’s default only, at Buyer’s sole discretion, be entitled to the return by Seller of all monies paid by Buyer pursuant to the terms of this Agreement, in addition to any other remedies available to Buyer at law or equity;

 

(f)          without further consideration, Buyer will timely provide an accounting of its exploratory activities to Seller and will remain obligated to reclaim the Properties as required by applicable law or as required under the Underlying Agreements;

 

(g)          if such termination occurs prior to the Closing as a result of a default by Buyer, Buyer and Usuran shall be obligated to promptly pay to Seller, as liquidated damages and not a penalty, a single break fee in the amount of Five Hundred Thousand Dollars ($500,000); and

 

(h)          Buyer shall return or destroy all confidential information furnished by Seller or obtained by Buyer prior to or during the Term other than confidential information that must be retained to comply with Buyer’s legal or regulatory requirements relating to document retention.

 

18.Indemnification.

 

(a)          Indemnification Obligations of Seller. From and after Closing, Seller shall defend, indemnify and hold harmless Buyer from, against and in respect of any and all claims, damages, losses, costs and expenses, including reasonable attorneys’ fees (collectively, “Losses”) arising out of:

 

(i)any breach of any representation or warranty of Seller set forth in Section 14;

 

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(ii)         any failure by Seller to properly distribute any payments received by Seller under the MOU or under this Agreement in the manner required by the Underlying Agreements;

 

(iii)        any breach by Seller of any post-Closing covenant, agreement or undertaking made by Seller in this Agreement;

 

(iv)        the ownership and operation of the Converse County Assets prior to the Closing Date;

 

(v)         taxes (or the non-payment thereof) of, or attributable to, (A) Seller or otherwise relating to the Converse County Assets for all taxable periods or portions thereof ending on or prior to the Closing, and (B) any person for which the Seller may be liable pursuant to Treasury Regulations Section 1.1502-6 (or any similar Laws), as a transferee or successor, by contract or otherwise;

 

(vi)        activities of Seller on the Properties during the period after the Closing Date and before the Escrow Agent’s delivery of the Transfer Documents, as described in Section 8(a);

 

(vii)       loss of an interest in all or any portion of the Converse County Assets caused by the action or inaction of Seller, during the period after the Closing Date and before the Escrow Agent’s delivery of the Transfer Documents, as described in Section 8(a); and

 

(viii)      any fraud, intentional misconduct or gross negligence of Seller in connection with this Agreement.

 

(b)          Indemnification Obligations of Buyer. From and after Closing, Buyer shall defend, indemnify and hold harmless Seller from, against and in respect of any and all Losses arising out of:

 

(i)          any breach of any representation or warranty of Buyer set forth in Section 15;

 

(ii)         any breach by Buyer of any post-Closing covenant, agreement or undertaking made by Buyer in this Agreement;

 

(iii)        the ownership and operation of the Converse County Assets from and after the Closing Date; and

 

(iv)        any fraud, intentional misconduct or gross negligence of Buyer in connection with this Agreement.

 

(c)          Each of the Parties hereto, within five (5) days after the service of process upon it in a lawsuit, including any notices of any court action or administrative action (or any other type of action or proceeding), or promptly after it, to its knowledge, shall become subject to, or possess actual knowledge of, any damage, liability, loss, cost, expense, or claim to which the indemnification provisions set forth in this Agreement relate, shall give written notice to the other Party setting forth the facts relating to the claim, damage, or loss, if available, and the estimated amount of the same. “Promptly” for purposes of this Section 18(c) shall mean giving notice within ten (10) days, provided that the failure promptly notify the indemnifying party shall not operate to waive, reduce or extinguish the indemnified party’s rights hereunder unless such failure materially prejudices the indemnifying party. Upon receipt of such notice relating to a lawsuit, the indemnifying party shall be entitled to (i) participate at its own expense in the defense or investigation of any claim or lawsuit; or (ii) assume the defense thereof, in which event the indemnifying party shall not be liable to the indemnified party for legal or attorney fees thereafter incurred by such indemnified party in defense of such action or claim; provided, that if the indemnified party may have any unindemnified liability out of such claim, such party shall have the right to approve the counsel selected by the indemnifying party, which approval shall not be withheld unreasonably. If the indemnifying party assumes the defense of any claim or lawsuit, all costs of defense of such claim or lawsuit shall thereafter be borne by such party and such party shall have the authority to compromise and settle such claim or lawsuit, or to appeal any adverse judgment or ruling with the cost of such appeal to be paid by such party; provided, however, if the indemnified party may have any unindemnified liability arising out of such claim or lawsuit the inde1nnifying party shall have the authority to compromise and settle each such claim or lawsuit only with the written consent of the indemnified party, which shall not be withheld unreasonably. The indemnified party may continue to participate in any litigation at its expense after the indemnifying party assumes the defense of such action. In the event the indemnifying party does not elect to assume the defense of a claim or lawsuit, the indemnified party shall have authority to compromise and settle such claim or lawsuit only with the written consent of the indemnifying party, which consent shall not be unreasonably withheld, or to appeal any adverse judgment or ruling, with all costs, fees, and expenses indemnifiable under this Agreement to be paid by the indemnifying party. Upon the indemnified party’s furnishing to the indemnifying party an estimate of any loss, damage, liability, or expense to which the indemnification provisions of this Agreement relate, the indemnifying party shall pay to the indemnified party the amount of such estimate within ten (10) days of receipt of such estimate, unless the indemnifying party in good faith disputes its liability with respect to any such claim.

 

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19.           Notice. Any notice required or permitted to be given hereunder shall be in writing and shall be sufficiently given if served upon a Party personally, sent by reputable overnight courier, sent by e- mail, or served by registered or certified mail, return receipt requested, and directed to the Party to be served at the following addresses:

 

  If to Buyer: Powder River Basin LLC
  P.O. Box 376
  West Perth, Western Australia
6872 Australia
andrew@globaluranium.com.au
   

  If to Seller: Stakeholder Energy, LLC
420 W. 12th Street
Casper, WY 82601 USA
  mjdoelgerbh@bresnan.net and
mjminihanbh@bresnan.net

 

Any Party wishing to change its designated address shall do so by notice in writing to the other Party. Notice shall be deemed to have been received by the other Party on the day of personal delivery, one (1) business day after deposit with an overnight courier or transmission by email, or three (3) business days after deposit in the mail.

 

20.           Survival. All rights, covenants, promises, representations, guarantees and obligations contained or discussed in this Agreement that do not expressly terminate or fall away as of the Closing shall survive and continue beyond the Closing Date and shall not merge with the Mining Lease Assignment, the State Lease Assignment, the Development Agreements Assignment, or the Quitclaim Deed.

 

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21.           Electronic Documents, Facsimiles and Counterparts. An electronic version of this Agreement containing the signature of either Party shall be accepted as the original. This Agreement may be executed in one or more counterparts, which taken together shall constitute one and the same document.

 

22.           Time. Time shall be of the essence of this Agreement.

 

23.           Binding Effect; Assignment. The terms and conditions hereof shall inure to the benefit of, and be binding upon, the successors and permitted assigns of the Parties hereto. No Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the non-assigning Party, which such consent shall not be unreasonably withheld, conditioned or delayed; provided, however, that Buyer may without the consent of Seller, upon providing notice to Seller, (i) assign any or all of its rights and interests hereunder to one or more of its Affiliates, including a joint venture entity in which Buyer owns an interest; and (ii) designate one or more of its Affiliates to perform its obligations hereunder (in any or all of which cases Buyer nonetheless shall remain responsible for the performance of all of its obligations hereunder). In addition, no prior written consent from Seller shall be necessary in the event of (i) a corporate reorganization, merger or amalgamation involving any direct or indirect parent company of Buyer or its members, or Buyer (as long as in the latter event the surviving entity possesses substantially all of Buyer’s assets and is responsible for substantially all of Buyer’s obligations and liabilities); (ii) a sale by Buyer of all or substantially all of its assets; or (iii) a pledge by Buyer of any interest in this Agreement for financing purposes, though timely notice of any such pledge shall be given to Seller. Any assignee or grantee of any interest in this Agreement shall agree in writing to be bound by all of the terms and conditions of this Agreement; and, provided further that no such assignment may be made by Seller other than in connection with a sale to the proposed assignee of all of Seller’s right, title and interest in and to the Converse County Assets.

 

24.           Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Wyoming, other than its rules as to conflicts of laws which would result in the imposition of the laws of some other jurisdiction.

 

25.           Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provisions of this Agreement, which shall remain in full force and effect. If any of the covenants or provisions of this Agreement are determined to be unenforceable by reason of its extent, duration, scope or otherwise, then the Parties contemplate that the court making such determination shall reduce such extent, duration, scope or other provision and enforce them in their reduced form for all purposes contemplated by this Agreement.

 

26.           Construction. The Parties have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question or intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties and no presumption of burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the provisions of this Agreement. The use herein of the singular form also denotes the plural form, and the use of the plural form also denotes the singular form, as in each case the context may require. The use herein of the masculine, feminine, or indefinite forms shall also denote the other forms, as in each case the context may require. For purposes of this Agreement, (a) the words “include,” “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and (c) the words “herein,” “hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless the context otherwise requires, references herein: (x) to Articles, Sections, and Schedules mean the Articles and Sections of, and Schedules attached to, this Agreement; (y) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted by the provisions thereof and (z) to a statute means such statute as amended from time to time and includes any successor legislation thereto and any regulations promulgated thereunder. This Agreement shall be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting an instrument or causing any instrument to be drafted. The Schedules referred to herein shall be construed with, and as an integral part of, this Agreement to the same extent as if they were set forth verbatim herein. For purposes of this Agreement, “Affiliate” means, with respect to any entity, any other entity that directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such first entity; and, with respect to Buyer includes Usuran and SLE.

 

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27.           Amendment. This Agreement may be amended, modified, or supplemented only by an instrument in writing duly executed by both Parties hereto.

 

28.           Further Assurances. Buyer and Seller agree to execute and deliver, without additional consideration, such further assurances, instruments and documents, to make such further actions as Buyer or Seller may reasonably request and as may be reasonably necessary in order to fulfill the intent of this Agreement and the transactions contemplated hereby and fully vest title to and possession of the Property in Buyer.

 

29.           Entire Agreement. This Agreement and the exhibits attached hereto embody the entire agreement between the Parties and supersede all prior negotiations, understandings and agreements, including the MOU, relating to the Converse County Assets, with the exception of the Staking Agreement which is not superseded by this Agreement and shall remain in effect.

 

30.           Recording. The Parties shall execute and deliver a short form of this Agreement (the “Short Form”) for recording in the real property records of Converse County, Wyoming, as reasonably requested by Buyer, which shall provide notice to third parties of Buyer’s rights with respect to the Properties under this Agreement. Such short form of this Agreement shall be drafted in cooperation between the Parties.

 

31.           Specific Performance. Seller agrees that irreparable damage would occur to Buyer if any provision of this Agreement were not performed in accordance with the terms hereof and that Buyer shall be entitled to seek specific performance of the terms hereof, in addition to any other remedy to which it is entitled at law or in equity.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF the Parties have executed this Agreement effective as of the day and year first written above.

 

SELLER

 

Stakeholder Energy, LLC

 

By: Nerd Gas Company, LLC, Manager

of Stakeholder Energy, LLC

 

By:  

Timm Smith, Manager of Nerd Gas Company, LLC

March 11, 2025

 

Signature Page to Purchase and Sale Agreement 

 

 

 

IN WITNESS WHEREOF the Parties have executed this Agreement effective as of the day and year first written above.

 

BUYER

 

Powder River Basin LLC

 

By: Usuran Resources, Inc., Manager

of Powder River Basin LLC

 

By:  

Andrew Ferrier, President of Usuran Resources, Inc.

 

USURAN

 

Usuran Resources, Inc. 

(A signatory for purposes of the obligation set forth in Section 17(g) only)

 

By:  

Andrew Ferrier, President of Usuran Resources, Inc.

 

Signature Page to Purchase and Sale Agreement

 

 

Exhibit A
to 

Purchase and Sale Agreement

 

Mining Leases

 

Patterson

 

1.            Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended April 1, 2015, by and between Kerri Jo Paddock, f/k/a Kerri Jo Patterson, and James Walter Patterson and Stakeholder Energy, LLC, and Memorandum thereof, recorded July 12, 2018, in Book 1647, Page 46, as Document No. 1072398.

 

Henry

 

2.            Uranium and Mineral Lease Agreement, effective September 12, 2011, as amended April 1, 2015, by and between Henry Land Company, LP and Stakeholder Energy, LLC, and Memorandum thereof, recorded January 11, 2018, in Book 1631, Page 74, as Document No. 1066360.

 

3.            Uranium and Mineral Lease Agreement, effective December 9, 2014, as amended April 1, 2015, by and between Susan Kay Henry, Trustee of the Susan Kay Henry Revocable Trust dated February 20, 2008, and Stakeholder Energy, LLC, and Memorandum thereof, recorded January 11, 2018, in Book 1631, Page 78 as Document No. 1066361.

 

Allemand

 

4.            Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between L. Raymond Allemand, as Trustee of a Mineral Trust established under a Mineral Trust Indenture dated June 9, 1998, and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, Book 1615, Page 307, as Document No. 1059817.

 

5.            Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, between L. Raymond Allemand, as Trustee of the Helen B. Allemand Irrevocable Trust Indenture dated December 8, 1990, and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 303, as Document No. 1059816.

 

6.            Partial Release of Uranium and Mineral Lease Agreement Acreage, dated November 1, 2016, recorded November 2, 2016, in Book 1599, Page 185, as Document No. 1054361, by and between L. Raymond Allemand, as Trustee of the Helen B. Allemand Irrevocable Trust Indenture dated December 8, 1990, and Stakeholder Energy, LLC.

 

7.            Partial Release of Uranium and Mineral Lease Agreement Acreage, dated November 1, 2016, recorded November 2, 2016, in Book 1599, Page 187, as Document No. 1054362, by and between L. Raymond Allemand as Trustee of a Mineral Trust established under a Mineral Trust Indenture dated June 9, 1998, and Stakeholder Energy, LLC.

 

8.            Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Dave R. Allemand and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 319, as Document No. 1059820.

 

Exhibit A-1

 

9.            Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Donald R. Allemand and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 323, as Document No. 1059821.

 

10.          Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Barbara Allemand Beckner and Stakeholder Energy, LLC, and Memorandum thereof, recorded on December 4, 2017, in Book 1627, Page 366 as Document No. 1065134.

 

11.          Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Becky Allemand Djernes and Stakeholder Energy, LLC, and Memorandum thereof, recorded November 22, 2017, in Book 1626, Page 878, as Document No. 1064910.

 

12.          Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Robin L. Marvin f/k/a Robin L. Hildebrand and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 311, as Document No. 1059818.

 

13.          Uranium and Mineral Lease Agreement, effective May 18, 2011, as amended January 1, 2016, by and between Roger D. Hildebrand and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 315, as Document No. 1059819.

 

Exhibit A-2

 

Exhibit B
to 

Purchase and Sale Agreement

 

The Mining Claims

 

The following unpatented mining claims are located in Converse County, Wyoming, all within the 6th Principal Meridian:

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #419 WY101380876 WMC298854 37N 75W 024 965142
SEH #420 WY101380877 WMC298855 37N 75W 024 965143
SEH #421 WY101380878 WMC298856 37N 75W 024 965144
SEH #434 WY101380879 WMC298869 37N 75W 014 965157
SEH #435 WY101380880 WMC298870 37N 75W 014 965158
SEH #436 WY101380881 WMC298871 37N 75W 014 965159
SEH #437 WY101380882 WMC298872 37N 75W 014 965160
SEH #438 WY101380883 WMC298873 37N 75W 014 965161
SEH #439 WY101380884 WMC298874 37N 75W 014 965162
SEH #440 WY101382082 WMC298875 37N 75W 014 965163
SEH #441 WY101382083 WMC298876 37N 75W 014 965164
SEH #442 WY101382084 WMC298877 37N 75W 023 965165
SEH #443 WY101382085 WMC298878 37N 75W 023 965166
SEH #444 WY101382086 WMC298879 37N 75W 023 965167
SEH #445 WY101382087 WMC298880 37N 75W 023 965168
SEH #446 WY101382088 WMC298881 37N 75W 023 965169
SEH #447 WY101382089 WMC298882 37N 75W 023 965170
SEH #448 WY101382090 WMC298883 37N 75W 023 965171
SEH #449 WY101382091 WMC298884 37N 75W 023 965172
SEH #450 WY101382092 WMC298885 37N 75W 023 965173
SEH #451 WY101382093 WMC298886 37N 75W 023 965174
SEH #452 WY101382094 WMC298887 37N 75W 023 965175
SEH #453 WY101382095 WMC298888 37N 75W 023 965176
SEH #454 WY101382096 WMC298889 37N 75W 023 965177

Exhibit B-1

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #455 WY101382097 WMC298890 37N 75W 023 965178
SEH #456 WY101382098 WMC298891 37N 75W 023 965179
SEH #457 WY101382099 WMC298892 37N 75W 023 965180
SEH #458 WY101382100 WMC298893 37N 75W 023 965181
SEH #459 WY101382101 WMC298894 37N 75W 023 965182
SEH #460 WY101382102 WMC298895 37N 75W 023 965183
SEH #461 WY101383238 WMC298896 37N 75W 023 965184
SEH #462 WY101383239 WMC298897 37N 75W 023 965185
SEH #463 WY101383240 WMC298898 37N 75W 023 965186
SEH #464 WY101383241 WMC298899 37N 75W 023 965187
SEH #465 WY101383242 WMC298900 37N 75W 023 965188
SEH #466 WY101383243 WMC298901 37N 75W 023 965189
SEH #467 WY101383244 WMC298902 37N 75W 023 965190
SEH #468 WY101383245 WMC298903 37N 75W 023 965191
SEH #469 WY101383246 WMC298904 37N 75W 023 965192
SEH #470 WY101383247 WMC298905 37N 75W 023 965193
SEH #471 WY101383248 WMC298906 37N 75W 023 965194
SEH #490 WY101383249 WMC298925 37N 75W 022 965213
SEH #491 WY101383250 WMC298926 37N 75W 022 965214
SEH #492 WY101383251 WMC298927 37N 75W 022 965215
SEH #493 WY101383252 WMC298928 37N 75W 022 965216
SEH #494 WY101383253 WMC298929 37N 75W 022 965217
SEH #495 WY101383254 WMC298930 37N 75W 022 965218
SEH #496 WY101383255 WMC298931 37N 75W 022 965219
SEH #497 WY101383256 WMC298932 37N 75W 022 965220
SEH #498 WY101383257 WMC298933 37N 75W 022 965221
SEH #499 WY101383258 WMC298934 37N 75W 022 965222
SEH #500 WY101384278 WMC298935 37N 75W 022 965223
SEH #501 WY101384279 WMC298936 37N 75W 022 965224

Exhibit B-2

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #502 WY101384280 WMC298937 37N 75W 022 965225
SEH #503 WY101384281 WMC298938 37N 75W 022 965226
SEH #504 WY101384282 WMC298939 37N 75W 022 965227
SEH #505 WY101384401 WMC298940 37N 75W 022 965228
SEH #506 WY101384402 WMC298941 37N 75W 022 965229
SEH #507 WY101384403 WMC298942 37N 75W 022 965230
SEH #508 WY101384404 WMC298943 37N 75W 022 965231
SEH #509 WY101384405 WMC298944 37N 75W 022 965232
SEH #510 WY101384406 WMC298945 37N 75W 022 965233
SEH #511 WY101384407 WMC298946 37N 75W 022 965234
SEH #512 WY101384408 WMC298947 37N 75W 022 965235
SEH #513 WY101384409 WMC298948 37N 75W 022 965236
SEH #514 WY101384410 WMC298949 37N 75W 022 965237
SEH #515 WY101384411 WMC298950 37N 75W 022 965238
SEH #516 WY101384412 WMC298951 37N 75W 022 965239
SEH #517 WY101384413 WMC298952 37N 75W 022 965240
SEH #518 WY101384414 WMC298953 37N 75W 022 965241
SEH #519 WY101384415 WMC298954 37N 75W 022 965242
SEH #520 WY101384416 WMC298955 37N 75W 022 965243
SEH #521 WY101385464 WMC298956 37N 75W 022 965244
SEH #522 WY101385465 WMC298957 37N 75W 022 965245
SEH #523 WY101385466 WMC298958 37N 75W 022 965246
SEH #524 WY101385467 WMC298959 37N 75W 022 965247
SEH #525 WY101385468 WMC298960 37N 75W 022 965248
SEH #526 WY101385469 WMC298961 37N 75W 027 965272
SEH #527 WY101385470 WMC298962 37N 75W 027 965273
SEH #528 WY101385471 WMC298963 37N 75W 027 965274
SEH #529 WY101385472 WMC298964 37N 75W 027 965275
SEH #530 WY101385473 WMC298965 37N 75W 027 965276

Exhibit B-3

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #531 WY101385474 WMC298966 37N 75W 027 965277
SEH #532 WY101385475 WMC298967 37N 75W 027 965278
SEH #533 WY101385476 WMC298968 37N 75W 027 965279
SEH #541 WY101385477 WMC298976 37N 75W 028 965287
SEH #542 WY101385478 WMC298977 37N 75W 028 965288
SEH #543 WY101385479 WMC298978 37N 75W 028 965289
SEH #544 WY101385480 WMC298979 37N 75W 028 965290
SEH #546 WY101385481 WMC298981 37N 75W 028 965292
SEH #547 WY101385482 WMC298982 37N 75W 028 965293
SEH #548 WY101385483 WMC298983 37N 75W 028 965294
SEH #549 WY101385484 WMC298984 37N 75W 028 965295
SEA 1 WY101385714 WMC299596 37N 75W 005 966743
SEA 2 WY101385715 WMC299597 37N 75W 005 966414
SEA 9 WY101385725 WMC299604 37N 75W 006 966421
SEA 10 WY101385726 WMC299605 37N 75W 006 966422
SEA 11 WY101385727 WMC299606 37N 75W 006 966423
SEA 12 WY101385728 WMC299607 37N 75W 006 966424
SEA 13 WY101385729 WMC299608 37N 75W 005 966425
SEA 14 WY101385730 WMC299609 37N 75W 005 966426
SEA 23 WY101385731 WMC299618 38N 75W 031 966435
SEA 24 WY101385732 WMC299619 38N 75W 031 966436
SEA 25 WY101385733 WMC299620 38N 75W 031 966437
SEA 26 WY101385734 WMC299621 38N 75W 031 966438
SEA 27 WY101385735 WMC299622 38N 75W 032 966439
SEA 28 WY101385736 WMC299623 38N 75W 032 966440
SEH #551 WY101386673 WMC298986 37N 75W 028 965297
SEH #552 WY101386674 WMC298987 37N 75W 028 965298
SEH #554 WY101386675 WMC298989 37N 75W 021 965303
SEH #555 WY101386676 WMC298990 37N 75W 021 965304

Exhibit B-4

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #556 WY101386677 WMC298991 37N 75W 021 965305
SEH #557 WY101386678 WMC298992 37N 75W 021 965306
SEH #559 WY101386679 WMC298994 37N 75W 021 965308
SEH #560 WY101386680 WMC298995 37N 75W 021 965309
SEH #561 WY101386681 WMC298996 37N 75W 021 965310
SEH #562 WY101386682 WMC298997 37N 75W 021 965311
SEH #564 WY101386683 WMC298999 37N 75W 021 965313
SEH #565 WY101386684 WMC299000 37N 75W 021 965314
SEH #566 WY101386685 WMC299001 37N 75W 021 965315
SEH #567 WY101386686 WMC299002 37N 75W 021 965316
SEH #569 WY101386687 WMC299004 37N 75W 021 965318
SEH #570 WY101386688 WMC299005 37N 75W 021 965319
SEH #571 WY101386689 WMC299006 37N 75W 021 965320
SEH #572 WY101386690 WMC299007 37N 75W 021 965321
SEH #574 WY101386691 WMC299009 37N 75W 020 965323
SEH #575 WY101386692 WMC299010 37N 75W 020 965324
SEH #576 WY101386693 WMC299011 37N 75W 020 965325
SEA 35 WY101386893 WMC299630 38N 75W 031 966447
SEA 36 WY101386894 WMC299631 38N 75W 031 966448
SEA 37 WY101386895 WMC299632 38N 75W 031 966449
SEA 38 WY101386896 WMC299633 38N 75W 031 966450
SEA 39 WY101386897 WMC299634 38N 75W 032 966451
SEA 40 WY101386898 WMC299635 38N 75W 032 966452
SEA 47 WY101386899 WMC299642 38N 75W 031 966459
SEA 48 WY101386900 WMC299643 38N 75W 031 966460
SEA 49 WY101386901 WMC299644 38N 75W 031 966461
SEA 50 WY101386902 WMC299645 38N 75W 031 966462
SEA 51 WY101386903 WMC299646 38N 75W 032 966463
SEA 52 WY101386904 WMC299647 38N 75W 032 966464

Exhibit B-5

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEA 76 WY101386905 WMC299671 38N 75W 030 966488
SEA 77 WY101386906 WMC299672 38N 75W 030 966489
SEA 78 WY101386907 WMC299673 38N 75W 029 966490
SEA 79 WY101386908 WMC299674 38N 75W 029 966491
SEA 80 WY101386909 WMC299675 38N 75W 029 966492
SEA 88 WY101386910 WMC299683 38N 75W 030 966500
SEA 89 WY101386911 WMC299684 38N 75W 030 966501
SEA 90 WY101386912 WMC299685 38N 75W 029 966502
SEA 91 WY101386913 WMC299686 38N 75W 029 966503
SEH #577 WY101387876 WMC299012 37N 75W 020 965326
SEH #578 WY101387877 WMC299013 37N 75W 020 965327
SEH #579 WY101387878 WMC299014 37N 75W 020 965328
SEH #580 WY101387879 WMC299015 37N 75W 020 965329
SEH #581 WY101387880 WMC299016 37N 75W 020 965330
SEH #582 WY101387881 WMC299017 37N 75W 020 965331
SEH #583 WY101387882 WMC299018 37N 75W 020 965332
SEH #584 WY101387883 WMC299019 37N 75W 020 965333
SEH #585 WY101387884 WMC299020 37N 75W 020 965334
SEH #586 WY101387885 WMC299021 37N 75W 020 965335
SEH #587 WY101387886 WMC299022 37N 75W 020 965336
SEH #588 WY101387887 WMC299023 37N 75W 020 965337
SEH #589 WY101387888 WMC299024 37N 75W 020 965338
SEH #590 WY101387889 WMC299025 37N 75W 020 965339
SEH #591 WY101387890 WMC299026 37N 75W 020 965340
SEH #592 WY101387891 WMC299027 37N 75W 017 965341
SEH #593 WY101387892 WMC299028 37N 75W 017 965342
SEH #594 WY101387893 WMC299029 37N 75W 017 965343
SEH #595 WY101387894 WMC299030 37N 75W 017 965344
SEH #596 WY101387895 WMC299031 37N 75W 017 965345

Exhibit B-6

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #597 WY101387896 WMC299032 37N 75W 017 965346
SEA 92 WY101388063 WMC299687 38N 75W 029 966504
SEA 100 WY101388064 WMC299695 38N 75W 030 966512
SEA 101 WY101388065 WMC299696 38N 75W 030 966513
SEA 102 WY101388066 WMC299697 38N 75W 029 966514
SEA 103 WY101388067 WMC299698 38N 75W 029 966515
SEA 104 WY101388068 WMC299699 38N 75W 029 966516
SEA 105 WY101388069 WMC299700 38N 75W 029 966517
SEA 106 WY101388070 WMC299701 38N 75W 029 966518
SEA 114 WY101388071 WMC299709 38N 75W 019 966526
SEA 115 WY101388072 WMC299710 38N 75W 019 966527
SEA 116 WY101388073 WMC299711 38N 75W 020 966528
SEA 117 WY101388074 WMC299712 38N 75W 020 966529
SEA 118 WY101388075 WMC299713 38N 75W 020 966530
SEA 126 WY101388076 WMC299721 38N 75W 019 966538
SEA 127 WY101388077 WMC299722 38N 75W 019 966539
SEA 128 WY101388078 WMC299723 38N 75W 020 966540
SEA 129 WY101388079 WMC299724 38N 75W 020 966541
SEA 130 WY101388080 WMC299725 38N 75W 020 966542
SEA 131 WY101388081 WMC299726 38N 75W 020 966543
SEA 132 WY101388082 WMC299727 38N 75W 020 966544
SEA 133 WY101388083 WMC299728 38N 75W 020 966545
SEA 740 WY101388086 WMC300618 38N 75W 011 967804
SEA 741 WY101388087 WMC300619 38N 75W 011 967805
SEA 742 WY101388088 WMC300620 38N 75W 011 967806
SEA 743 WY101388089 WMC300621 38N 75W 011 967807
SEA 744 WY101388090 WMC300622 38N 75W 011 967808
SEH #598 WY101389073 WMC299033 37N 75W 017 965347
SEH #599 WY101389074 WMC299034 37N 75W 017 965348

Exhibit B-7

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH #600 WY101389075 WMC299035 37N 75W 017 965349
SEH #601 WY101389076 WMC299036 37N 75W 017 965350
SEH #602 WY101389077 WMC299037 37N 75W 017 965351
SEH #603 WY101389078 WMC299038 37N 75W 017 965352
SEH #604 WY101389079 WMC299039 37N 75W 017 965353
SEH #605 WY101389080 WMC299040 37N 75W 017 965354
SEH #606 WY101389081 WMC299041 37N 75W 017 965355
SEH #607 WY101389082 WMC299042 37N 75W 017 965356
SEH #608 WY101389083 WMC299043 37N 75W 017 965357
SEH #609 WY101389084 WMC299044 37N 75W 017 965358
SEH #610 WY101389085 WMC299045 37N 75W 017 965359
SEH #611 WY101389086 WMC299046 37N 75W 017 965360
SEH #612 WY101389087 WMC299047 37N 75W 017 965361
SEH #613 WY101389088 WMC299048 37N 75W 017 965362
SEH #614 WY101389089 WMC299049 37N 75W 017 965363
SEH #615 WY101389090 WMC299050 37N 75W 017 965364
SEH #616 WY101389091 WMC299051 37N 75W 017 965365
SEH #617 WY101389092 WMC299052 37N 75W 017 965366
SEH #618 WY101389093 WMC299053 37N 75W 017 965367
SEA 134 WY101389270 WMC299729 38N 75W 020 966546
SEA 135 WY101389271 WMC299730 38N 75W 020 966547
SEA 136 WY101389272 WMC299731 38N 75W 020 966548
SEA 137 WY101389273 WMC299732 38N 75W 020 966549
SEA 138 WY101389274 WMC299733 38N 75W 020 966550
SEA 139 WY101389275 WMC299734 38N 75W 020 966551
SEA 140 WY101389276 WMC299735 38N 75W 020 966552
SEA 141 WY101389277 WMC299736 38N 75W 020 966553
SEA 142 WY101389278 WMC299737 38N 75W 020 966554
SEA 143 WY101389279 WMC299738 38N 75W 020 966555

Exhibit B-8

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEA 144 WY101389280 WMC299739 38N 75W 020 966556
SEA 145 WY101389281 WMC299740 38N 75W 020 966557
SEA 146 WY101389282 WMC299741 38N 75W 020 966558
SEA 147 WY101389283 WMC299742 38N 75W 020 966559
SEA 148 WY101389284 WMC299743 38N 75W 020 966560
SEA 158 WY101389285 WMC299753 38N 75W 017 966570
SEA 159 WY101389286 WMC299754 38N 75W 017 966571
SEA 160 WY101389287 WMC299755 38N 75W 017 966572
SEA 161 WY101389288 WMC299756 38N 75W 017 966573
SEA 162 WY101389289 WMC299757 38N 75W 017 966574
SEA 163 WY101389290 WMC299758 38N 75W 017 966575
SEH #621 WY101390283 WMC299056 37N 75W 017 965370
SEH #622 WY101390284 WMC299057 37N 75W 017 965371
SEH #623 WY101390285 WMC299058 37N 75W 017 965372
SEH #624 WY101390286 WMC299059 37N 75W 017 965373
SEH #625 WY101390287 WMC299060 37N 75W 017 965374
SEH #626 WY101390288 WMC299061 37N 75W 017 965375
SEH #627 WY101390289 WMC299062 37N 75W 017 965376
SEA 605 WY101410041 WMC300200 39N 75W 033 967018
SEA 606 WY101410042 WMC300201 39N 75W 033 967019
SEA 607 WY101410043 WMC300202 39N 75W 033 967020
SEA 611 WY101410044 WMC300206 39N 75W 028 967024
SEA 612 WY101410045 WMC300207 39N 75W 028 967025
SEA 613 WY101410046 WMC300208 39N 75W 028 967026
SEA 614 WY101410047 WMC300209 39N 75W 028 967027
SEA 625 WY101410048 WMC300220 39N 75W 028 967038
SEA 626 WY101410049 WMC300221 39N 75W 028 967039
SEA 627 WY101410050 WMC300222 39N 75W 028 967040
SEA 628 WY101410051 WMC300223 39N 75W 028 967041

Exhibit B-9

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#861 WY101410128 WMC311846

37N 74W 007 and 

008

1048925
SEH#862 WY101410129 WMC311847 37N 74W 007 1048926
SEH#863 WY101410130 WMC311848 37N 74W 007 1048927
SEA 164 WY101470491 WMC299759 38N 75W 017 966576
SEA 165 WY101470492 WMC299760 38N 75W 017 966577
SEA 166 WY101470493 WMC299761 38N 75W 017 966578
SEA 185 WY101470494 WMC299780 38N 75W 017 966597
SEA 186 WY101470495 WMC299781 38N 75W 017 966598
SEA 187 WY101470496 WMC299782 38N 75W 017 966599
SEA 188 WY101470497 WMC299783 38N 75W 017 966600
SEA 189 WY101470498 WMC299784 38N 75W 017 966601
SEA 190 WY101470499 WMC299785 38N 75W 008 966602
SEA 191 WY101470500 WMC299786 38N 75W 008 966603
SEA 192 WY101470501 WMC299787 38N 75W 008 966604
SEA 193 WY101470502 WMC299788 38N 75W 008 966605
SEA 194 WY101470503 WMC299789 38N 75W 008 966606
SEA 195 WY101470504 WMC299790 38N 75W 008 966607
SEA 196 WY101470505 WMC299791 38N 75W 008 966608
SEA 206 WY101470506 WMC299801 38N 75W 008 966618
SEA 207 WY101470507 WMC299802 38N 75W 008 966619
SEA 208 WY101470508 WMC299803 38N 75W 008 966620
SEA 212 WY101470509 WMC299807 38N 75W 008 966624
SEA 213 WY101470510 WMC299808 38N 75W 008 966625
SEA 214 WY101470511 WMC299809 38N 75W 008 966626
SEA 218 WY101471670 WMC299813 38N 75W 008 966630
SEA 219 WY101471671 WMC299814 38N 75W 008 966631
SEA 220 WY101471672 WMC299815 38N 75W 008 966632
SEA 224 WY101471673 WMC299819 38N 75W 005 966636
SEA 225 WY101471674 WMC299820 38N 75W 005 966637

Exhibit B-10

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEA 226 WY101471675 WMC299821 38N 75W 005 966638
SEA 227 WY101471676 WMC299822 38N 75W 005 966639
SEA 249 WY101471677 WMC299844 38N 75W 005 966661
SEA 250 WY101471678 WMC299845 38N 75W 005 966662
SEA 251 WY101471679 WMC299846 38N 75W 005 966663
SEA 252 WY101471680 WMC299847 38N 75W 005 966664
SEA 253 WY101471681 WMC299848 38N 75W 005 966665
SEA 254 WY101471682 WMC299849 38N 75W 005 966666
SEA 265 WY101471683 WMC299860 38N 75W 005 966677
SEA 266 WY101471684 WMC299861 38N 75W 005 966678
SEA 267 WY101471685 WMC299862 38N 75W 005 966679
SEA 268 WY101471686 WMC299863 38N 75W 005 966680
SEA 269 WY101471687 WMC299864 38N 75W 005 966681
SEA 270 WY101471688 WMC299865 38N 75W 005 966682
SEA 297 WY101471689 WMC299892 39N 75W 032 966709
SEA 298 WY101471690 WMC299893 39N 75W 032 966710
SEH #534 WY101472610 WMC298969 37N 75W 027 965280
SEA 299 WY101473905 WMC299894 39N 75W 032 966711
SEA 311 WY101473906 WMC299906 39N 75W 032 966723
SEA 312 WY101473907 WMC299907 39N 75W 032 966724
SEA 313 WY101473908 WMC299908 39N 75W 032 966725
SEA 314 WY101473909 WMC299909 39N 75W 032 966726
SEA 315 WY101473910 WMC299910 39N 75W 032 966727
SEA 316 WY101473911 WMC299911 39N 75W 032 966728
SEA 317 WY101473912 WMC299912 39N 75W 032 966729
SEA 329 WY101473913 WMC299924 39N 75W 032 966741
SEA 330 WY101473914 WMC299925 39N 75W 032 966742
SEA 331 WY101473915 WMC299926 39N 75W 032 966744
SEA 332 WY101473916 WMC299927 39N 75W 032 966745

Exhibit B-11

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEA 333 WY101473917 WMC299928 39N 75W 032 966746
SEA 334 WY101473918 WMC299929 39N 75W 032 966747
SEA 335 WY101473919 WMC299930 39N 75W 032 966748
SEA 395 WY101473920 WMC299990 38N 75W 028 966808
SEA 396 WY101473921 WMC299991 38N 75W 028 966809
SEA 440 WY101473922 WMC300035 38N 75W 015 966853
SEA 441 WY101473923 WMC300036 38N 75W 015 966854
SEA 442 WY101473924 WMC300037 38N 75W 015 966855
SEA 452 WY101473925 WMC300047 38N 75W 015 966865
SEA 453 WY101474916 WMC300048 38N 75W 015 966866
SEA 590 WY101474917 WMC300185 39N 75W 033 967003
SEA 591 WY101474918 WMC300186 39N 75W 033 967004
SEA 592 WY101474919 WMC300187 39N 75W 033 967005
SEA 593 WY101474920 WMC300188 39N 75W 033 967006
SEA 594 WY101474921 WMC300189 39N 75W 033 967007
SEA 601 WY101474922 WMC300196 39N 75W 033 967014
SEA 602 WY101474923 WMC300197 39N 75W 033 967015
SEA 603 WY101474924 WMC300198 39N 75W 033 967016
SEA 604 WY101474925 WMC300199 39N 75W 033 967017
SEP#679 WY101560644 WMC301845 38N 74W 032 971733
SEP#680 WY101560645 WMC301846 38N 74W 032 971734
SEP#681 WY101560646 WMC301847 38N 74W 032 971735
SEP#682 WY101560647 WMC301848 38N 74W 032 971736
SEP#683 WY101560648 WMC301849 38N 74W 032 971737
SEP#684 WY101560649 WMC301850 38N 74W 032 971738
SEP#685 WY101560650 WMC301851 38N 74W 032 971739
SEP#686 WY101560651 WMC301852 38N 74W 032 971740
SEP#687 WY101560652 WMC301853 38N 74W 032 971741
SEP#688 WY101560653 WMC301854 38N 74W 032 971742

Exhibit B-12

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#689 WY101560654 WMC301855 38N 74W 029 971743
SEP#690 WY101560655 WMC301856 38N 74W 029 971744
SEP#691 WY101560656 WMC301857 38N 74W 029 971745
SEP#692 WY101560657 WMC301858 38N 74W 029 971746
SEP#693 WY101560658 WMC301859 38N 74W 029 971747
SEP#694 WY101560659 WMC301860 38N 74W 029 971748
SEP#695 WY101560660 WMC301861 38N 74W 029 971749
SEP#696 WY101560661 WMC301862 38N 74W 029 971750
SEP#697 WY101560662 WMC301863 38N 74W 029 971751
SEP#698 WY101560663 WMC301864 38N 74W 029 971752
SEP#699 WY101560664 WMC301865 38N 74W 029 971753
SEP#700 WY101561444 WMC301866 38N 74W 029 971754
SEP#701 WY101561445 WMC301867 38N 74W 029 971755
SEP#702 WY101561446 WMC301868 38N 74W 029 971756
SEP#703 WY101561447 WMC301869 38N 74W 029 971757
SEP#704 WY101561448 WMC301870 38N 74W 029 971758
SEP#705 WY101561449 WMC301871 38N 74W 029 971759
SEP#706 WY101561450 WMC301872 38N 74W 020 971760
SEP#707 WY101561451 WMC301873 38N 74W 020 971761
SEP#708 WY101561452 WMC301874 38N 74W 020 971762
SEP#709 WY101561453 WMC301875 38N 74W 020 971763
SEP#710 WY101561454 WMC301876 38N 74W 020 971764
SEP#711 WY101561455 WMC301877 38N 74W 020 971765
SEP#712 WY101561456 WMC301878 38N 74W 020 971766
SEP#713 WY101561457 WMC301879 38N 74W 020 971767
SEP#714 WY101561458 WMC301880 38N 74W 020 971768
SEP#715 WY101561459 WMC301881 38N 74W 020 971769
SEP#716 WY101561460 WMC301882 38N 74W 020 971770
SEP#717 WY101561461 WMC301883 38N 74W 020 971771

Exhibit B-13

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#718 WY101561462 WMC301884 38N 74W 020 971772
SEP#719 WY101561463 WMC301885 38N 74W 020 971773
SEP#720 WY101561464 WMC301886 38N 74W 020 971774
SEP#721 WY101562244 WMC301887 38N 74W 020 971775
SEP#722 WY101562245 WMC301888 38N 74W 020 971776
SEP#723 WY101562246 WMC301889 38N 74W 033 971777
SEP#724 WY101562247 WMC301890 38N 74W 033 971778
SEP#725 WY101562248 WMC301891 38N 74W 033 971779
SEP#726 WY101562249 WMC301892 38N 74W 033 971780
SEP#727 WY101562250 WMC301893 38N 74W 033 971781
SEP#728 WY101562251 WMC301894 38N 74W 033 971782
SEP#729 WY101562252 WMC301895 38N 74W 028 971783
SEP#730 WY101562253 WMC301896 38N 74W 028 971784
SEP#731 WY101562254 WMC301897 38N 74W 028 971785
SEP#732 WY101562255 WMC301898 38N 74W 028 971786
SEP#733 WY101562256 WMC301899 38N 74W 028 971787
SEP#734 WY101562257 WMC301900 38N 74W 028 971788
SEP#735 WY101562258 WMC301901 38N 74W 028 971789
SEP#736 WY101562259 WMC301902 38N 74W 028 971790
SEH#137 WY101654738 WMC295940 37N 74W 008 953200
SEH#138 WY101654739 WMC295941 37N 74W 008 953201
SEH#139 WY101654740 WMC295942 37N 74W 008 953202
SEH#140 WY101654741 WMC295943 37N 74W 008 953203
SEH#141 WY101654742 WMC295944 37N 74W 008 953204
SEH#142 WY101654743 WMC295945 37N 74W 008 953205
SEH#143 WY101654744 WMC295946 37N 74W 008 953206
SEH#144 WY101654745 WMC295947 37N 74W 008 953207
SEH#145 WY101654746 WMC295948 37N 74W 008 953208
SEH#146 WY101654747 WMC295949 37N 74W 008 953209

Exhibit B-14

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#147 WY101654748 WMC295950 37N 74W 008 953210
SEH#148 WY101654749 WMC295951 37N 74W 008 953211
SEH#149 WY101654750 WMC295952 37N 74W 008 953212
SEH#150 WY101654751 WMC295953 37N 74W 008 953213
SEH#155 WY101654752 WMC295958 37N 74W 005 953218
SEH#156 WY101654753 WMC295959 37N 74W 005 953219
SEH#157 WY101654754 WMC295960 37N 74W 005 953220
SEH#158 WY101654755 WMC295961 37N 74W 005 953221
SEH#159 WY101654756 WMC295962 37N 74W 005 953222
SEH#162 WY101654757 WMC295965 37N 74W 005 953225
SEH#163 WY101654758 WMC295966 37N 74W 005 953226
SEH#164 WY101655355 WMC295967 37N 74W 005 953078
SEH#165 WY101655356 WMC295968 37N 74W 005 953079
SEH#166 WY101655357 WMC295969 37N 74W 005 953080
SEH#167 WY101655358 WMC295970 37N 74W 005 953077
SEH#168 WY101656576 WMC295971 37N 74W 005 953076
SEH#169 WY101656577 WMC295972 37N 74W 005 953075
SEH#170 WY101656578 WMC295973 37N 74W 005 953074
SEH#171 WY101656579 WMC295974 37N 74W 005 953073
SEH#1 WY101659179 WMC295804 37N 75W 024 953231
SEH#2 WY101659180 WMC295805 37N 75W 024 953232
SEH#3 WY101659972 WMC295806 37N 75W 024 953233
SEH#4 WY101659973 WMC295807 37N 75W 024 953234
SEH#5 WY101659974 WMC295808 37N 75W 024 953235
SEH#6 WY101659975 WMC295809 37N 75W 024 953236
SEH#7 WY101659976 WMC295810 37N 75W 024 953237
SEH#8 WY101659977 WMC295811 37N 75W 024 953238
SEH#9 WY101659978 WMC295812 37N 75W 024 953239
SEH#10 WY101659979 WMC295813 37N 75W 024 953240

Exhibit B-15

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#11 WY101659980 WMC295814 37N 75W 024 953241
SEH#12 WY101659981 WMC295815 37N 75W 024 953242
SEH#13 WY101659982 WMC295816 37N 75W 024 953243
SEH#14 WY101659983 WMC295817 37N 75W 024 953244
SEH#15 WY101659984 WMC295818 37N 75W 024 953245
SEH#16 WY101659985 WMC295819 37N 75W 024 953246
SEH#17 WY101880538 WMC295820 37N 75W 024 953247
SEH#18 WY101880539 WMC295821 37N 75W 024 953248
SEH#19 WY101880540 WMC295822 37N 75W 024 953249
SEH#20 WY101880541 WMC295823 37N 75W 024 953250
SEH#21 WY101880542 WMC295824 37N 75W 024 953251
SEH#22 WY101880543 WMC295825 37N 75W 024 953252
SEH#23 WY101880544 WMC295826 37N 75W 024 953253
SEH#24 WY101880545 WMC295827 37N 75W 024 953254
SEH#25 WY101880546 WMC295828 37N 75W 024 953255
SEH#26 WY101880547 WMC295829 37N 75W 024 953256
SEH#27 WY101880548 WMC295830 37N 75W 024 953257
SEH#28 WY101880549 WMC295831 37N 75W 024 953258
SEH#29 WY101880550 WMC295832 37N 75W 024 953259
SEH#30 WY101880551 WMC295833 37N 75W 013 953260
SEH#31 WY101880552 WMC295834 37N 75W 013 953261
SEH#33 WY101880553 WMC295836 37N 75W 013

953263, 

amended at 966408

SEH#34 WY101880554 WMC295837 37N 75W 013

953264,

amended at 966409 

SEH#35 WY101880555 WMC295838 37N 75W 013

953265, 

amended at 966410

SEH#36 WY101880556 WMC295839 37N 75W 013

953266,

amended at 966411 

Exhibit B-16

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#37 WY101880557 WMC295840 37N 75W 013

953267,

amended at 966412

SEH#38 WY101880558 WMC295841 37N 75W 013 953268
SEH#172 WY101880559 WMC295975 37N 74W 005 953072
SEH#173 WY101880560 WMC295976 37N 74W 005 953071
SEH#174 WY101880561 WMC295977 37N 74W 005 953070
SEH#175 WY101880562 WMC295978 37N 74W 005 953069
SEH#176 WY101880563 WMC295979 37N 74W 005 953068
SEH#177 WY101880564 WMC295980 37N 74W 005 953067
SEH#178 WY101880565 WMC295981 37N 74W 005 953066
SEH#179 WY101880566 WMC295982 37N 74W 005 953065
SEH#180 WY101880567 WMC295983 37N 74W 005 953064
SEH#181 WY101880568 WMC295984 37N 74W 005 953063
SEH#182 WY101880569 WMC295985 37N 74W 005 953062
SEH#225 WY101880570 WMC296028 37N 74W 009 953288
SEH#234 WY101880571 WMC296037 37N 74W 009 953297
SEH#243 WY101880572 WMC296046 37N 74W 009 953306
SEH#244 WY101880573 WMC296047 37N 74W 009 953307
SEH#245 WY101880574 WMC296048 37N 74W 009 953308
SEH#246 WY101880575 WMC296049 37N 74W 009 953309
SEH#247 WY101880576 WMC296050 37N 74W 009 953310
SEH#248 WY101880577 WMC296051 37N 74W 009 953311
SEH#249 WY101880578 WMC296052 37N 74W 004 953312
SEH#250 WY101880579 WMC296053 37N 74W 004 953313
SEH#39 WY101881338 WMC295842 37N 75W 013 953269
SEH#40 WY101881339 WMC295843 37N 75W 013 953270
SEH#41 WY101881340 WMC295844 37N 75W 013 953271
SEH#42 WY101881341 WMC295845 37N 75W 013 953272
SEH#43 WY101881342 WMC295846 37N 75W 013 953273

Exhibit B-17

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#44 WY101881343 WMC295847 37N 75W 013 953274
SEH#45 WY101881344 WMC295848 37N 75W 013 953275
SEH#46 WY101881345 WMC295849 37N 75W 013 953276
SEH#47 WY101881346 WMC295850 37N 75W 013 953277
SEH#48 WY101881347 WMC295851 37N 75W 013 953278
SEH#49 WY101881348 WMC295852 37N 75W 013 953279
SEH#50 WY101881349 WMC295853 37N 75W 013 953280
SEH#54 WY101881350 WMC295857 37N 75W 013 953017
SEH#55 WY101881351 WMC295858 37N 75W 013 953018
SEH#56 WY101881352 WMC295859 37N 75W 013 953019
SEH#57 WY101881353 WMC295860 37N 75W 013 953020
SEH#63 WY101881354 WMC295866 37N 74W 018 953026
SEH#64 WY101881355 WMC295867 37N 74W 018 953027
SEH#65 WY101881356 WMC295868 37N 74W 018 953028
SEH#66 WY101881357 WMC295869 37N 74W 018 953029
SEH#67 WY101881358 WMC295870 37N 74W 018

953030, 

amended at 966407

SEH#251 WY101881359 WMC296054 37N 74W 004 953314
SEH#252 WY101881360 WMC296055 37N 74W 004 953315
SEH#253 WY101881361 WMC296056 37N 74W 004 953316
SEH#295 WY101881362 WMC296098 37N 74W 015 953408
SEH#296 WY101881363 WMC296099 37N 74W 015 953409
SEH#297 WY101881364 WMC296100 37N 74W 015 953410
SEH#298 WY101881365 WMC296101 37N 74W 015 953411
SEH#299 WY101881366 WMC296102 37N 74W 015 953412
SEH#300 WY101881367 WMC296103 37N 74W 015 953413
SEH#301 WY101881368 WMC296104 37N 74W 015 953414
SEH#302 WY101881369 WMC296105 37N 74W 015 953415
SEH#303 WY101881370 WMC296106 37N 74W 015 953416

Exhibit B-18

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#369 WY101881371 WMC296172 37N 74W 014 953333
SEH#370 WY101881372 WMC296173 37N 74W 014 953334
SEH#371 WY101881373 WMC296174 37N 74W 014 953335
SEH#376 WY101881374 WMC296179 37N 74W 014 953340
SEH#377 WY101881375 WMC296180 37N 74W 014 953341
SEH#378 WY101881376 WMC296181 37N 74W 014 953342
SEH#68 WY101881964 WMC295871 37N 74W 018 953131
SEH#69 WY101881965 WMC295872 37N 74W 018 953132
SEH#70 WY101881966 WMC295873 37N 74W 018 953133
SEH#71 WY101881967 WMC295874 37N 74W 018 953134
SEH#72 WY101881968 WMC295875 37N 74W 018 953135
SEH#73 WY101881969 WMC295876 37N 74W 018 953136
SEH#74 WY101881970 WMC295877 37N 74W 018 953137
SEH#75 WY101881971 WMC295878 37N 74W 018 953138
SEH#76 WY101881972 WMC295879 37N 74W 018 953139
SEH#77 WY101881973 WMC295880 37N 74W 007 953140
SEH#78 WY101881974 WMC295881 37N 74W 007 953141
SEH#79 WY101881975 WMC295882 37N 74W 007 953142
SEH#80 WY101881976 WMC295883 37N 74W 007 953143
SEH#81 WY101881977 WMC295884 37N 74W 007 953144
SEH#82 WY101881978 WMC295885 37N 74W 007 953145
SEH#83 WY101881979 WMC295886 37N 74W 007 953146
SEH#84 WY101881980 WMC295887 37N 74W 007 953147
SEH#85 WY101881981 WMC295888 37N 74W 007 953148
SEH#86 WY101881982 WMC295889 37N 74W 007 953149
SEH#87 WY101881983 WMC295890 37N 74W 007 953150
SEH#88 WY101881984 WMC295891 37N 74W 007 953151
SEH#89 WY101882580 WMC295892 37N 74W 007 953152
SEH#90 WY101882581 WMC295893 37N 74W 007 953153

Exhibit B-19

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEH#91 WY101882582 WMC295894 37N 74W 007 953154
SEH#92 WY101882583 WMC295895 37N 74W 007 953155
SEH#93 WY101882584 WMC295896 37N 74W 007 953156
SEH#94 WY101882585 WMC295897 37N 74W 007 953157
SEH#120 WY101882586 WMC295923 37N 74W 017 953183
SEH#121 WY101882587 WMC295924 37N 74W 017 935184
SEH#122 WY101882588 WMC295925 37N 74W 017 935185
SEH#123 WY101882589 WMC295926 37N 74W 008 953186
SEH#124 WY101882590 WMC295927 37N 74W 008 953187
SEH#126 WY101882591 WMC295929 37N 74W 008 953189
SEH#127 WY101882592 WMC295930 37N 74W 008 953190
SEH#128 WY101882593 WMC295931 37N 74W 008 953191
SEH#129 WY101882594 WMC295932 37N 74W 008 953192
SEH#130 WY101882595 WMC295933 37N 74W 008 953193
SEH#131 WY101882596 WMC295934 37N 74W 008 953194
SEH#132 WY101882597 WMC295935 37N 74W 008 953195
SEH#134 WY101882598 WMC295937 37N 74W 008 953197
SEH#135 WY101882599 WMC295938 37N 74W 008 953198
SEH#136 WY101882600 WMC295939 37N 74W 008 953199
SEP#08 WY101885841 WMC301174 37N 75W 007 971062
SEP#09 WY101885842 WMC301175 37N 75W 007 971063
SEP#10 WY101886622 WMC301176 37N 75W 007 971064
SEP#11 WY101886623 WMC301177 37N 75W 007 971065
SEP#26 WY101886624 WMC301192 37N 75W 007 971080
SEP#27 WY101886625 WMC301193 37N 75W 007 971081
SEP#28 WY101886626 WMC301194 37N 75W 007 971082
SEP#29 WY101886627 WMC301195 37N 75W 007 971083
SEP#30 WY101886628 WMC301196 37N 75W 007 971084
SEP#31 WY101886629 WMC301197 37N 75W 007 971085

Exhibit B-20

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#42 WY101886630 WMC301208 37N 75W 006 971096
SEP#43 WY101886631 WMC301209 37N 75W 006 971097
SEP#44 WY101886632 WMC301210 37N 75W 006 971098
SEP#45 WY101886633 WMC301211 37N 75W 006 971099
SEP#46 WY101886634 WMC301212 37N 75W 006 971100
SEP#47 WY101886635 WMC301213 37N 75W 006 971101
SEP#48 WY101886636 WMC301214 37N 75W 006 971102
SEP#49 WY101886637 WMC301215 37N 75W 006 971103
SEP#60 WY101886638 WMC301226 37N 75W 006 971114
SEP#61 WY101886639 WMC301227 37N 75W 006 971115
SEP#62 WY101886640 WMC301228 37N 75W 006 971116
SEP#63 WY101886641 WMC301229 37N 75W 006 971117
SEP#64 WY101886642 WMC301230 37N 75W 008 971118
SEP#65 WY101887422 WMC301231 37N 75W 008 971119
SEP#66 WY101887423 WMC301232 37N 75W 008 971120
SEP#67 WY101887424 WMC301233 37N 75W 008 971121
SEP#78 WY101887425 WMC301244 37N 75W 008 971132
SEP#79 WY101887426 WMC301245 37N 75W 008 971133
SEP#80 WY101887427 WMC301246 37N 75W 008 971134
SEP#81 WY101887428 WMC301247 37N 75W 008 971135
SEP#82 WY101887429 WMC301248 37N 75W 008 971136
SEP#83 WY101887430 WMC301249 37N 75W 008 971137
SEP#84 WY101887431 WMC301250 37N 75W 008 971138
SEP#85 WY101887432 WMC301251 37N 75W 008 971139
SEP#98 WY101887433 WMC301264 37N 75W 008 971152
SEP#99 WY101887434 WMC301265 37N 75W 008 971153
SEP#100 WY101887435 WMC301266 37N 75W 005 971154
SEP#101 WY101887436 WMC301267 37N 75W 005 971155
SEP#116 WY101887437 WMC301282 37N 75W 005 971170

Exhibit B-21

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#117 WY101887438 WMC301283 37N 75W 005 971171
SEP#463 WY101887439 WMC301629 37N 75W 012 971517
SEP#464 WY101887440 WMC301630 37N 75W 012 971518
SEP#465 WY101887441 WMC301631 37N 75W 012 971519
SEP#466 WY101887442 WMC301632 37N 75W 012 971520
SEP#487 WY101888244 WMC301653 37N 75W 001 971541
SEP#488 WY101888245 WMC301654 37N 75W 001 971542
SEP#489 WY101888246 WMC301655 37N 75W 001 971543
SEP#490 WY101888247 WMC301656 37N 75W 001 971544
SEP#499 WY101888248 WMC301665 37N 75W 001 971553
SEP#500 WY101888249 WMC301666 37N 75W 001 971554
SEP#557 WY101888250 WMC301723 38N 74W 031 971611
SEP#558 WY101888251 WMC301724 38N 74W 031 971612
SEP#559 WY101888252 WMC301725 38N 74W 031 971613
SEP#560 WY101888253 WMC301726 38N 74W 031 971614
SEP#561 WY101888254 WMC301727 38N 74W 031 971615
SEP#562 WY101888255 WMC301728 38N 74W 031 971616
SEP#563 WY101888256 WMC301729 38N 74W 031 971617
SEP#564 WY101888257 WMC301730 38N 74W 031 971618
SEP#577 WY101888258 WMC301743 38N 74W 030 971631
SEP#578 WY101888259 WMC301744 38N 74W 030 971632
SEP#579 WY101888260 WMC301745 38N 74W 030 971633
SEP#580 WY101888261 WMC301746 38N 74W 030 971634
SEP#591 WY101888262 WMC301757 38N 74W 030 971645
SEP#592 WY101888263 WMC301758 38N 74W 030 971646
SEP#593 WY101888264 WMC301759 38N 74W 030 971647
SEP#594 WY101889044 WMC301760 38N 74W 030 971648
SEP#595 WY101889045 WMC301761 38N 74W 019 971649
SEP#596 WY101889046 WMC301762 38N 74W 019 971650

Exhibit B-22

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#597 WY101889047 WMC301763 38N 74W 019 971651
SEP#598 WY101889048 WMC301764 38N 74W 019 971652
SEP#609 WY101889049 WMC301775 38N 74W 019 971663
SEP#610 WY101889050 WMC301776 38N 74W 019 971664
SEP#611 WY101889051 WMC301777 38N 74W 019 971665
SEP#612 WY101889052 WMC301778 38N 74W 019 971666
SEP#613 WY101889053 WMC301779 38N 74W 019 971667
SEP#614 WY101889054 WMC301780 38N 74W 019 971668
SEP#625 WY101889055 WMC301791 38N 74W 019 971679
SEP#626 WY101889056 WMC301792 38N 74W 019 971680
SEP#627 WY101889057 WMC301793 38N 74W 019 971681
SEP#628 WY101889058 WMC301794 38N 74W 019 971682
SEP#629 WY101889059 WMC301795 38N 74W 018 971683
SEP#630 WY101889060 WMC301796 38N 74W 018 971684
SEP#631 WY101889061 WMC301797 38N 74W 018 971685
SEP#632 WY101889062 WMC301798 38N 74W 018 971686
SEP#641 WY101889063 WMC301807 38N 74W 018 971695
SEP#642 WY101889064 WMC301808 38N 74W 018 971696
SEP#643 WY101889844 WMC301809 38N 74W 018 971697
SEP#659 WY101889845 WMC301825 38N 74W 032 971713
SEP#660 WY101889846 WMC301826 38N 74W 032 971714
SEP#661 WY101889847 WMC301827 38N 74W 032 971715
SEP#662 WY101889848 WMC301828 38N 74W 032 971716
SEP#663 WY101889849 WMC301829 38N 74W 032 971717
SEP#664 WY101889850 WMC301830 38N 74W 032 971718
SEP#665 WY101889851 WMC301831 38N 74W 032 971719
SEP#666 WY101889852 WMC301832 38N 74W 032 971720
SEP#667 WY101889853 WMC301833 38N 74W 032 971721
SEP#668 WY101889854 WMC301834 38N 74W 032 971722

Exhibit B-23

 

Claim Name 

Serial Number

Legacy Serial
Number 

Township Range
Section

County
Recording
(Instrument
No.)
SEP#669 WY101889855 WMC301835 38N 74W 032 971723
SEP#670 WY101889856 WMC301836 38N 74W 032 971724
SEP#671 WY101889857 WMC301837 38N 74W 032 971725
SEP#672 WY101889858 WMC301838 38N 74W 032 971726
SEP#673 WY101889859 WMC301839 38N 74W 032 971727
SEP#674 WY101889860 WMC301840 38N 74W 032 971728
SEP#675 WY101889861 WMC301841 38N 74W 032 971729
SEP#676 WY101889862 WMC301842 38N 74W 032 971730
SEP#677 WY101889863 WMC301843 38N 74W 032 971731
SEP#678 WY101889864 WMC301844 38N 74W 032 971732

Exhibit B-24

 

Exhibit C 

to 

Purchase and Sale Agreement

 

WY State Leases

 

1.          State of Wyoming Uranium and Associated Minerals Mining Lease #O-43497, effective February 2, 2015, including all extensions and amendments thereto.

 

2.          State of Wyoming Uranium and Associated Minerals Mining Lease #O-43524, effective December 2, 2016, including all extensions and amendments thereto.

 

Exhibit C-1

 

 

Exhibit D 

to 

Purchase and Sale Agreement

 

Development Agreements

 

Patterson

 

1.          Uranium Exploration and Development Agreement, effective May 18, 2011, as amended May 13, 2014 and April 1, 2015, by and between Joe Patterson Ranch, Kerri Jo Paddock, f/k/a Kerri Jo Patterson, James Walter Patterson, and Stakeholder Energy, LLC, and Memorandum thereof, recorded July 12, 2018, in Book 1647, Page 54, as Document No. 1072399.

 

2.          Surface Use Agreement, effective May 18, 2011, as amended April 1, 2015, by and between Joe Patterson Ranch and Stakeholder Energy, LLC, and Memorandum thereof, recorded July 12, 2018, in Book 1647, Page 39, as Document No. 1072397.

 

Allemand

 

3.          Uranium Exploration and Development Agreement, effective May 18, 2011, as amended May 13, 2014 and January 1, 2016, by and between Gay Lynn Byrd, as Trustee of the Donna S. Allemand Family Trust created March 2, 1989 pursuant to the Last Will and Testament of Donna S. Allemand dated February 14, 1989, and L. Raymond Allemand, as Trustee of the Helen B. Allemand Irrevocable Trust Indenture dated December 8, 1990, L. Raymond Allemand, as Trustee of a Mineral Trust established under a Mineral Trust Indenture dated June 9, 1998; Donald R. Allemand, Dave R. Allemand, Barbara A. Allemand Beckner, Becky A. Allemand Djernes, Roger D. Hildebrand, Robin L. Hildebrand, and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 279, as Document No. 1059815.

 

4.          Surface Use Agreement, dated November 4, 2011, to be effective May 18, 2011, as amended January 1, 2016, by and between Gay Lynn Byrd, as Trustee of the Donna S. Allemand Family Trust created March 2, 1989 pursuant to the Last Will and Testament of Donna S. Allemand dated February 14, 1989, and Stakeholder Energy, LLC, and Memorandum thereof, recorded June 6, 2017, in Book 1615, Page 273, as Document No. 1059814.

 

5.          Partial Release of Surface Use Agreement Acreage, dated December 13, 2016, recorded December 19, 2016 in Book 1600, Page 597, as Document No. 1055460, by and between Gay Lynn Byrd, as Trustee of the Donna S. Allemand Family Trust created March 2, 1989 pursuant to the Last Will and Testament of Donna S. Allemand dated February 14, 1989, and Stakeholder Energy, LLC.

 

Henry

 

6.          Uranium Exploration and Development Agreement, effective May 18, 2011, as amended April 28, 2014, December 9, 2014, and April 1, 2015, by and between Henry Land Company, LP, the William M. Henry, III Revocable Trust dated February 20, 2008, the Susan Kay Henry Revocable Trust dated February 20, 2008, and Stakeholder Energy, LLC, and Memorandum thereof, recorded January 11, 2018, in Book 1631, Page 44, as Document No. 1066357.

 

7.          Surface Use Agreement, effective September 12, 2011, as amended December 9, 2014 and April 1, 2015, by and between William M. Henry, III Revocable Trust dated February 20, 2008, the Susan Kay Henry Revocable Trust dated February 20, 2008, and Stakeholder Energy, LLC, and Memorandum thereof recorded January 11, 2018 in Book 1631, Page 61 as Document No. 1066358.

 

Exhibit D-1

 

 

8.          Surface Use Agreement, dated September 12, 2011, as amended April 1, 2015, by and between Henry Land Company, LP, and Stakeholder Energy, LLC, and Memorandum thereof, recorded January 11, 2018 in Book 1631, Page 67 as Document No. 1066359, by and between Henry Land Company, LP and Stakeholder Energy, LLC.

 

Exhibit D-2

 

 

Exhibit E 

to 

Purchase and Sale Agreement

 

Escrow Instructions

 

April ____, 2025

 

American Title 

Attn: [Stuart Atnip] 

315 W 1st Street 

Casper, WY 82601

 

RE:Long-Term Escrow Instructions for the sale and purchase of assets between Stakeholder Energy, LLC and Powder River Basin LLC – American Title Agency, Casper, Wyoming

 

Dear [Mr. Atnip]:

 

Stakeholder Energy, LLC (“Stakeholder”) and Powder River Basin LLC (“PRB”) have entered into an agreement (the “Agreement”) for the purchase and sale of certain mining assets located in Converse County, Wyoming. American Title Agency, of Casper, Wyoming (the “Escrow Agent”) shall act as the escrow agent for the duration of the Agreement (the “Transaction”). This long-term escrow instruction letter (the “Instruction Letter”) sets forth the instructions, on behalf of Stakeholder and PRB, with respect to the payment and disbursement of certain funds and the Escrow Agent’s retention and delivery of the Escrow Documents, below defined, delivered to you in connection with the Transaction. In the event you receive any other escrow instructions relating to the Transaction (except supplemental instructions duly executed by Stakeholder and PRB), please contact the undersigned immediately for further instructions. The Escrow Documents shall consist of the following (note that capitalized terms used but not defined in this Instruction Letter shall have the meaning ascribed to them in the Agreement):

 

(a)The Mining Lease Assignment, executed, in counterparts, by Stakeholder and PRB;

 

(b)A Quitclaim Deed, executed by Stakeholder;

 

(c)The State Lease Assignment, executed, in counterparts, by Stakeholder and PRB;

 

(d)The Development Agreement Assignment, executed, in counterparts, by Stakeholder and PRB;

 

(e)A Foreign Investment in Real Property Tax Act Certificate executed by Stakeholder dated the Closing Date; and

 

(f)any and all other customary documents reasonably necessary to convey all of Stakeholder’s interests in the Converse County Assets to PRB.

 

1.By the representative’s signature below, executed on behalf of the Escrow Agent, the Escrow Agent is hereby (a) acknowledging receipt of the Escrow Documents and a copy of the Agreement and (b) agreeing to receive, hold, and deliver funds and the Escrow Documents in accordance with the provisions hereof. The Escrow Agent is agreeing to abide by the terms of the Agreement as those terms affect the Escrow Agent and its escrow services.

 

Exhibit E-1

 

 

2.PRB will deposit $7,500,000.00 on or before [enter date of one-year anniversary of closing] with the Escrow Agent (the “Second Installment”), plus $_______ as the Escrow Agent’s escrow fee. The Escrow Agent shall promptly disburse the Second Installment to Stakeholder, or to any person or entity designated by Stakeholder in writing to the Escrow Agent. The Escrow Agent shall immediately notify Stakeholder if the Second Installment is not timely deposited and received.

 

3.PRB will deposit $7,500,000.00 on or before [enter date of two-year anniversary of closing] with the Escrow Agent (the “Final Installment”), plus $_______ as the Escrow Agent’s escrow fee. Simultaneous with its release of the Escrow Documents to PRB pursuant to Paragraph 4.a, the Escrow Agent shall promptly disburse the Final Installment to Stakeholder, or to any person or entity designated by Stakeholder in writing to the Escrow Agent. The Escrow Agent shall immediately notify Stakeholder if the Final Installment is not timely deposited and received.

 

4.      

 

a.Not later than three (3) days following receipt of the Final Installment, the Escrow Agent shall deliver to PRB, or any entity designated by PRB in writing to the Escrow Agent, all of the original Escrow Documents or, in accordance with PRB’s written instructions, shall record any of the Escrow Documents in the official records of Converse County, Wyoming.

 

b.Upon receiving notification from Stakeholder (copying PRB) stating that:

 

i.PRB has defaulted under the terms of the Agreement;

 

ii.Stakeholder has given PRB notice of such default;

 

iii.PRB has not cured such default within twenty (20) business days after Stakeholder giving such notice and has not disputed the existence of such default; and

 

iv.Stakeholder has terminated and cancelled the Agreement,

 

the Escrow Agent shall promptly deliver all Escrow Documents to Stakeholder.

 

5.Notwithstanding Paragraph 4.b above, upon receipt of notice a timely filing of a judicial action by PRB pursuant to Section 11(f) of the Agreement, the Escrow Agent will continue to hold the Escrow Documents until receipt of a copy of a final, non-appealable decision by a court of competent jurisdiction confirming PRB’s default under the terms of the Agreement. Upon receipt of a copy of such order, the Escrow Agent shall promptly deliver all Escrow Documents to Stakeholder.

 

6.Unless the Escrow Documents have been earlier delivered to Stakeholder pursuant to Paragraph 4 above or are being held by the Escrow Agent pursuant to Paragraph 5 above, no more than three (3) days after the Escrow Agent’s receipt of the Final Installment, the Escrow Agent shall promptly deliver all Escrow Documents to PRB.

 

7.Escrow Agent agrees to keep all of the terms and conditions of this Instruction Letter, the Agreement, and the Escrow Documents, strictly confidential, and not to disclose the same to any third party unless required to do so pursuant to the terms of this Instruction Letter or as ordered by a court of competent jurisdiction.

 

8.This Instruction Letter, which has been duly executed by the Escrow Agent, constitutes the entire agreement between the parties to the Agreement and you and may not be modified except upon the express written consent of all of the undersigned.

 

Exhibit E-2

 

 

9.This Instruction Letter is governed by and is to be construed under the laws of the State of Wyoming. This Instruction Letter, amendments or supplemental instructions hereto, may be executed in counterparts, each of which shall be deemed an original and all such counterparts together shall constitute one and the same instrument.

 

10.Please execute this Instruction Letter below, indicating your acceptance of its terms and conditions, and deliver it to the undersigned’s attention.

 

Sincerely,

 

STAKEHOLDER ENERGY, LLC

 

   

Timm Smith, in his capacity as

Manager of Nerd Gas Company, LLC,

Manager of Stakeholder Energy, LLC

 

POWDER RIVER BASIN LLC

 

   

Andrew Ferrier, in his capacity as

President of Usuran Resources, Inc.,

Manager of Powder River Basin LLC

 

RECEIPT AND ACCEPTANCE

 

Receipt and acceptance of these instructions are acknowledged this ____ day of ______________, 2025.

 

AMERICAN TITLE AGENCY

 

By    

 

Title    

 

Exhibit E-3

 

  

Exhibit F 

to 

Purchase and Sale Agreement

 

Mining Lease Assignment

 

[form assignment follows]

 

Exhibit F-1

 

 

After Recording, Mail To: 

Powder River Basin LLC 

__________________ 

__________________

 

ASSIGNMENT AND ASSUMPTION OF MINING LEASES

 

This Assignment and Assumption of Mining Leases (this “Assignment”) is made and entered into effective as of _____, 2025 (the “Effective Date”), by and between Stakeholder Energy, LLC, a Wyoming limited liability company (“Assignor”), with a mailing address of ________________________________, and Powder River Basin LLC, a Delaware limited liability company (“Assignee”), with a mailing address of ___________________________________________________.

 

RECITALS

 

A.Assignor and [Enter Lessor] entered into [Reference Mining Leases] dated [Enter Date], as amended, (the “Leases”) covering certain properties described therein (the “Property”) .1

 

B.Assignor, as Seller, and Assignee, as Buyer, are parties to that certain Purchase and Sale Agreement dated March 11, 2025 (the “Purchase Agreement”) relating to the purchase of certain assets owned by Assignor.

 

C.Pursuant to the terms and conditions of the Purchase Agreement, Assignor agreed to assign its interest in the Leases to Assignee, and Assignee has agreed to assume all of Assignor’s obligations under the Leases.

 

ACCORDINGLY, for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged Assignor and Assignee hereby agree as follows:

 

1.          Assignor hereby transfers, assigns, and conveys to Assignee (subject, in the case of the Wyoming state leases, to approval of the Director of the Wyoming Office of State Lands and Investments), and its successors and assigns, all of Assignor’s right, title and interest in, to and under the Leases effective as of the Effective Date.

 

2.          Assignee hereby accepts the assignment of Assignor’s interest in the Leases, and hereby assumes all of the obligations and liabilities of Assignor under the Leases arising from and after the Effective Date and agrees, for the benefit of Assignor to perform, observe, keep and comply with all of the terms, covenants, conditions, provisions and agreements contained in the Leases on the part of Assignor to be performed, observed, kept and complied with from and after the Effective Date, subject to its right to terminate any or all of the Leases in accordance with the provisions thereof.

 

 

Note to Draft: To include recording information for each of the Memoranda of Leases in this Assignment and Assumption Agreement. May be easier to list the mining leases in a separate schedule.

 

Exhibit F-2

 

 

3.          This Assignment shall be binding upon and inure to the benefit of Assignor, Assignee and their respective successors and assigns. This Assignment may be signed in any number of counterparts, all of which when taken together shall constitute one complete instrument. This Assignment will be governed by and construed under and in accordance with the laws of the State of Wyoming.

 

[Signature Pages Follow]

 

Exhibit F-3

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Assignment to be effective as of the Effective Date.

 

ASSIGNOR

 

Stakeholder Energy, LLC

       
By:         
Name:     
Its:          

 

STATE OF _____________ )  
  : ss.  
County of ______________ )  

 

Signed and acknowledged before me on __________________, 2025, by_______________, as ______________________ of Stakeholder Energy, LLC, a Wyoming limited liability company.

 

   
  Notary Signature

 

Exhibit F-4

 

  

ASSIGNEE

 

Powder River Basin LLC, a Delaware

limited liability company

       
By:         
Name:     
Its:          

 

STATE OF _____________ )  
  : ss.  
County of ______________ )  

  

Signed and acknowledged before me on __________________, 2025, by_______________, as ______________________ of Powder River Basin LLC, a Delaware limited liability company.

 

   
  Notary Signature

 

Exhibit F-5

 

  

Exhibit G 

to 

Purchase and Sale Agreement

 

Quitclaim Deed

 

[form Quitclaim Deed for Unpatented Mining Claims follows]

 

Exhibit G-1

 

 

After Recording, Mail To: 

Powder River Basin LLC 

__________________ 

__________________

 

QUITCLAIM DEED 

(Unpatented Mining Claims)

 

This Quitclaim Deed, made as of the date indicated below, is from Stakeholder Energy, LLC, a Wyoming limited liability company (“Grantor”), with a mailing address of ________________________________, to Powder River Basin LLC, a Delaware limited liability company (“Grantee”), with a mailing address of ___________________________________________________.

 

FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, Grantor does hereby remise, release and forever quitclaims and convey unto Grantee, all of Grantor’s right, title and interest in and to the six hundred sixty-six (666) unpatented lode mining claims situated in Converse County, State of Wyoming, more particularly described in Exhibit A attached hereto and incorporated herein; together with all of the associated lodes, ledges, veins and mineral-bearing rock, both known and unknown, intralimital and extralateral minerals lying within or extending beyond the boundaries of the enumerated unpatented mining claims, and all dips, spurs and angles, and all the ores, mineral bearing-quartz, rock and earth or other mineral deposits therein or thereon, and all and singular tenements, hereditaments, appurtenances, water rights, fixtures, buildings, and improvements thereon or thereunto belonging to or in anywise appertaining, the reversion and reversions, remainder and remainders, rents, issues, and profits thereof,

 

TO HAVE AND TO HOLD unto Grantee, and Grantee’s successors and assigns forever, subject to the paramount title of the United States of America.

 

[Signature Page Follows]

 

Exhibit G-2

 

 

IN WITNESS WHEREOF, the Grantor has executed this Quitclaim Deed to be effective as of the ___ day of ______________, 2025.

 

  STAKEHOLDER ENERGY, LLC
   
  By:  
     
  Its:  

 

STATE OF _________________________ )  
  ) ss.  
COUNTY OF ______________________ )  

 

  

The foregoing instrument was acknowledged before me this ____ day of ______, 2025, by _______________, as _______________ of Stakeholder Energy, LLC, a Wyoming limited liability company.

 

   
  Notary Public

 

Exhibit G-3

 

 

Exhibit A

to

Quitclaim Deed for Unpatented Mining Claims

 

The following unpatented mining claims located in Converse County, Wyoming, all within the 6th Principal Meridian:

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #419 WY101380876 WMC298854 37N 75W 024 965142
SEH #420 WY101380877 WMC298855 37N 75W 024 965143
SEH #421 WY101380878 WMC298856 37N 75W 024 965144
SEH #434 WY101380879 WMC298869 37N 75W 014 965157
SEH #435 WY101380880 WMC298870 37N 75W 014 965158
SEH #436 WY101380881 WMC298871 37N 75W 014 965159
SEH #437 WY101380882 WMC298872 37N 75W 014 965160
SEH #438 WY101380883 WMC298873 37N 75W 014 965161
SEH #439 WY101380884 WMC298874 37N 75W 014 965162
SEH #440 WY101382082 WMC298875 37N 75W 014 965163
SEH #441 WY101382083 WMC298876 37N 75W 014 965164
SEH #442 WY101382084 WMC298877 37N 75W 023 965165
SEH #443 WY101382085 WMC298878 37N 75W 023 965166
SEH #444 WY101382086 WMC298879 37N 75W 023 965167
SEH #445 WY101382087 WMC298880 37N 75W 023 965168
SEH #446 WY101382088 WMC298881 37N 75W 023 965169
SEH #447 WY101382089 WMC298882 37N 75W 023 965170
SEH #448 WY101382090 WMC298883 37N 75W 023 965171
SEH #449 WY101382091 WMC298884 37N 75W 023 965172
SEH #450 WY101382092 WMC298885 37N 75W 023 965173
SEH #451 WY101382093 WMC298886 37N 75W 023 965174
SEH #452 WY101382094 WMC298887 37N 75W 023 965175
SEH #453 WY101382095 WMC298888 37N 75W 023 965176
SEH #454 WY101382096 WMC298889 37N 75W 023 965177
SEH #455 WY101382097 WMC298890 37N 75W 023 965178

Exhibit G-4

 

  

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #456 WY101382098 WMC298891 37N 75W 023 965179
SEH #457 WY101382099 WMC298892 37N 75W 023 965180
SEH #458 WY101382100 WMC298893 37N 75W 023 965181
SEH #459 WY101382101 WMC298894 37N 75W 023 965182
SEH #460 WY101382102 WMC298895 37N 75W 023 965183
SEH #461 WY101383238 WMC298896 37N 75W 023 965184
SEH #462 WY101383239 WMC298897 37N 75W 023 965185
SEH #463 WY101383240 WMC298898 37N 75W 023 965186
SEH #464 WY101383241 WMC298899 37N 75W 023 965187
SEH #465 WY101383242 WMC298900 37N 75W 023 965188
SEH #466 WY101383243 WMC298901 37N 75W 023 965189
SEH #467 WY101383244 WMC298902 37N 75W 023 965190
SEH #468 WY101383245 WMC298903 37N 75W 023 965191
SEH #469 WY101383246 WMC298904 37N 75W 023 965192
SEH #470 WY101383247 WMC298905 37N 75W 023 965193
SEH #471 WY101383248 WMC298906 37N 75W 023 965194
SEH #490 WY101383249 WMC298925 37N 75W 022 965213
SEH #491 WY101383250 WMC298926 37N 75W 022 965214
SEH #492 WY101383251 WMC298927 37N 75W 022 965215
SEH #493 WY101383252 WMC298928 37N 75W 022 965216
SEH #494 WY101383253 WMC298929 37N 75W 022 965217
SEH #495 WY101383254 WMC298930 37N 75W 022 965218
SEH #496 WY101383255 WMC298931 37N 75W 022 965219
SEH #497 WY101383256 WMC298932 37N 75W 022 965220
SEH #498 WY101383257 WMC298933 37N 75W 022 965221
SEH #499 WY101383258 WMC298934 37N 75W 022 965222
SEH #500 WY101384278 WMC298935 37N 75W 022 965223
SEH #501 WY101384279 WMC298936 37N 75W 022 965224
SEH #502 WY101384280 WMC298937 37N 75W 022 965225

Exhibit G-5

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #503 WY101384281 WMC298938 37N 75W 022 965226
SEH #504 WY101384282 WMC298939 37N 75W 022 965227
SEH #505 WY101384401 WMC298940 37N 75W 022 965228
SEH #506 WY101384402 WMC298941 37N 75W 022 965229
SEH #507 WY101384403 WMC298942 37N 75W 022 965230
SEH #508 WY101384404 WMC298943 37N 75W 022 965231
SEH #509 WY101384405 WMC298944 37N 75W 022 965232
SEH #510 WY101384406 WMC298945 37N 75W 022 965233
SEH #511 WY101384407 WMC298946 37N 75W 022 965234
SEH #512 WY101384408 WMC298947 37N 75W 022 965235
SEH #513 WY101384409 WMC298948 37N 75W 022 965236
SEH #514 WY101384410 WMC298949 37N 75W 022 965237
SEH #515 WY101384411 WMC298950 37N 75W 022 965238
SEH #516 WY101384412 WMC298951 37N 75W 022 965239
SEH #517 WY101384413 WMC298952 37N 75W 022 965240
SEH #518 WY101384414 WMC298953 37N 75W 022 965241
SEH #519 WY101384415 WMC298954 37N 75W 022 965242
SEH #520 WY101384416 WMC298955 37N 75W 022 965243
SEH #521 WY101385464 WMC298956 37N 75W 022 965244
SEH #522 WY101385465 WMC298957 37N 75W 022 965245
SEH #523 WY101385466 WMC298958 37N 75W 022 965246
SEH #524 WY101385467 WMC298959 37N 75W 022 965247
SEH #525 WY101385468 WMC298960 37N 75W 022 965248
SEH #526 WY101385469 WMC298961 37N 75W 027 965272
SEH #527 WY101385470 WMC298962 37N 75W 027 965273
SEH #528 WY101385471 WMC298963 37N 75W 027 965274
SEH #529 WY101385472 WMC298964 37N 75W 027 965275
SEH #530 WY101385473 WMC298965 37N 75W 027 965276
SEH #531 WY101385474 WMC298966 37N 75W 027 965277

 

Exhibit G-6

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #532 WY101385475 WMC298967 37N 75W 027 965278
SEH #533 WY101385476 WMC298968 37N 75W 027 965279
SEH #541 WY101385477 WMC298976 37N 75W 028 965287
SEH #542 WY101385478 WMC298977 37N 75W 028 965288
SEH #543 WY101385479 WMC298978 37N 75W 028 965289
SEH #544 WY101385480 WMC298979 37N 75W 028 965290
SEH #546 WY101385481 WMC298981 37N 75W 028 965292
SEH #547 WY101385482 WMC298982 37N 75W 028 965293
SEH #548 WY101385483 WMC298983 37N 75W 028 965294
SEH #549 WY101385484 WMC298984 37N 75W 028 965295
SEA 1 WY101385714 WMC299596 37N 75W 005 966743
SEA 2 WY101385715 WMC299597 37N 75W 005 966414
SEA 9 WY101385725 WMC299604 37N 75W 006 966421
SEA 10 WY101385726 WMC299605 37N 75W 006 966422
SEA 11 WY101385727 WMC299606 37N 75W 006 966423
SEA 12 WY101385728 WMC299607 37N 75W 006 966424
SEA 13 WY101385729 WMC299608 37N 75W 005 966425
SEA 14 WY101385730 WMC299609 37N 75W 005 966426
SEA 23 WY101385731 WMC299618 38N 75W 031 966435
SEA 24 WY101385732 WMC299619 38N 75W 031 966436
SEA 25 WY101385733 WMC299620 38N 75W 031 966437
SEA 26 WY101385734 WMC299621 38N 75W 031 966438
SEA 27 WY101385735 WMC299622 38N 75W 032 966439
SEA 28 WY101385736 WMC299623 38N 75W 032 966440
SEH #551 WY101386673 WMC298986 37N 75W 028 965297
SEH #552 WY101386674 WMC298987 37N 75W 028 965298
SEH #554 WY101386675 WMC298989 37N 75W 021 965303
SEH #555 WY101386676 WMC298990 37N 75W 021 965304
SEH #556 WY101386677 WMC298991 37N 75W 021 965305

 

Exhibit G-7

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #557 WY101386678 WMC298992 37N 75W 021 965306
SEH #559 WY101386679 WMC298994 37N 75W 021 965308
SEH #560 WY101386680 WMC298995 37N 75W 021 965309
SEH #561 WY101386681 WMC298996 37N 75W 021 965310
SEH #562 WY101386682 WMC298997 37N 75W 021 965311
SEH #564 WY101386683 WMC298999 37N 75W 021 965313
SEH #565 WY101386684 WMC299000 37N 75W 021 965314
SEH #566 WY101386685 WMC299001 37N 75W 021 965315
SEH #567 WY101386686 WMC299002 37N 75W 021 965316
SEH #569 WY101386687 WMC299004 37N 75W 021 965318
SEH #570 WY101386688 WMC299005 37N 75W 021 965319
SEH #571 WY101386689 WMC299006 37N 75W 021 965320
SEH #572 WY101386690 WMC299007 37N 75W 021 965321
SEH #574 WY101386691 WMC299009 37N 75W 020 965323
SEH #575 WY101386692 WMC299010 37N 75W 020 965324
SEH #576 WY101386693 WMC299011 37N 75W 020 965325
SEA 35 WY101386893 WMC299630 38N 75W 031 966447
SEA 36 WY101386894 WMC299631 38N 75W 031 966448
SEA 37 WY101386895 WMC299632 38N 75W 031 966449
SEA 38 WY101386896 WMC299633 38N 75W 031 966450
SEA 39 WY101386897 WMC299634 38N 75W 032 966451
SEA 40 WY101386898 WMC299635 38N 75W 032 966452
SEA 47 WY101386899 WMC299642 38N 75W 031 966459
SEA 48 WY101386900 WMC299643 38N 75W 031 966460
SEA 49 WY101386901 WMC299644 38N 75W 031 966461
SEA 50 WY101386902 WMC299645 38N 75W 031 966462
SEA 51 WY101386903 WMC299646 38N 75W 032 966463
SEA 52 WY101386904 WMC299647 38N 75W 032 966464
SEA 76 WY101386905 WMC299671 38N 75W 030 966488

 

Exhibit G-8

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEA 77 WY101386906 WMC299672 38N 75W 030 966489
SEA 78 WY101386907 WMC299673 38N 75W 029 966490
SEA 79 WY101386908 WMC299674 38N 75W 029 966491
SEA 80 WY101386909 WMC299675 38N 75W 029 966492
SEA 88 WY101386910 WMC299683 38N 75W 030 966500
SEA 89 WY101386911 WMC299684 38N 75W 030 966501
SEA 90 WY101386912 WMC299685 38N 75W 029 966502
SEA 91 WY101386913 WMC299686 38N 75W 029 966503
SEH #577 WY101387876 WMC299012 37N 75W 020 965326
SEH #578 WY101387877 WMC299013 37N 75W 020 965327
SEH #579 WY101387878 WMC299014 37N 75W 020 965328
SEH #580 WY101387879 WMC299015 37N 75W 020 965329
SEH #581 WY101387880 WMC299016 37N 75W 020 965330
SEH #582 WY101387881 WMC299017 37N 75W 020 965331
SEH #583 WY101387882 WMC299018 37N 75W 020 965332
SEH #584 WY101387883 WMC299019 37N 75W 020 965333
SEH #585 WY101387884 WMC299020 37N 75W 020 965334
SEH #586 WY101387885 WMC299021 37N 75W 020 965335
SEH #587 WY101387886 WMC299022 37N 75W 020 965336
SEH #588 WY101387887 WMC299023 37N 75W 020 965337
SEH #589 WY101387888 WMC299024 37N 75W 020 965338
SEH #590 WY101387889 WMC299025 37N 75W 020 965339
SEH #591 WY101387890 WMC299026 37N 75W 020 965340
SEH #592 WY101387891 WMC299027 37N 75W 017 965341
SEH #593 WY101387892 WMC299028 37N 75W 017 965342
SEH #594 WY101387893 WMC299029 37N 75W 017 965343
SEH #595 WY101387894 WMC299030 37N 75W 017 965344
SEH #596 WY101387895 WMC299031 37N 75W 017 965345
SEH #597 WY101387896 WMC299032 37N 75W 017 965346

 

Exhibit G-9

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEA 92 WY101388063 WMC299687 38N 75W 029 966504
SEA 100 WY101388064 WMC299695 38N 75W 030 966512
SEA 101 WY101388065 WMC299696 38N 75W 030 966513
SEA 102 WY101388066 WMC299697 38N 75W 029 966514
SEA 103 WY101388067 WMC299698 38N 75W 029 966515
SEA 104 WY101388068 WMC299699 38N 75W 029 966516
SEA 105 WY101388069 WMC299700 38N 75W 029 966517
SEA 106 WY101388070 WMC299701 38N 75W 029 966518
SEA 114 WY101388071 WMC299709 38N 75W 019 966526
SEA 115 WY101388072 WMC299710 38N 75W 019 966527
SEA 116 WY101388073 WMC299711 38N 75W 020 966528
SEA 117 WY101388074 WMC299712 38N 75W 020 966529
SEA 118 WY101388075 WMC299713 38N 75W 020 966530
SEA 126 WY101388076 WMC299721 38N 75W 019 966538
SEA 127 WY101388077 WMC299722 38N 75W 019 966539
SEA 128 WY101388078 WMC299723 38N 75W 020 966540
SEA 129 WY101388079 WMC299724 38N 75W 020 966541
SEA 130 WY101388080 WMC299725 38N 75W 020 966542
SEA 131 WY101388081 WMC299726 38N 75W 020 966543
SEA 132 WY101388082 WMC299727 38N 75W 020 966544
SEA 133 WY101388083 WMC299728 38N 75W 020 966545
SEA 740 WY101388086 WMC300618 38N 75W 011 967804
SEA 741 WY101388087 WMC300619 38N 75W 011 967805
SEA 742 WY101388088 WMC300620 38N 75W 011 967806
SEA 743 WY101388089 WMC300621 38N 75W 011 967807
SEA 744 WY101388090 WMC300622 38N 75W 011 967808
SEH #598 WY101389073 WMC299033 37N 75W 017 965347
SEH #599 WY101389074 WMC299034 37N 75W 017 965348
SEH #600 WY101389075 WMC299035 37N 75W 017 965349

 

Exhibit G-10

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH #601 WY101389076 WMC299036 37N 75W 017 965350
SEH #602 WY101389077 WMC299037 37N 75W 017 965351
SEH #603 WY101389078 WMC299038 37N 75W 017 965352
SEH #604 WY101389079 WMC299039 37N 75W 017 965353
SEH #605 WY101389080 WMC299040 37N 75W 017 965354
SEH #606 WY101389081 WMC299041 37N 75W 017 965355
SEH #607 WY101389082 WMC299042 37N 75W 017 965356
SEH #608 WY101389083 WMC299043 37N 75W 017 965357
SEH #609 WY101389084 WMC299044 37N 75W 017 965358
SEH #610 WY101389085 WMC299045 37N 75W 017 965359
SEH #611 WY101389086 WMC299046 37N 75W 017 965360
SEH #612 WY101389087 WMC299047 37N 75W 017 965361
SEH #613 WY101389088 WMC299048 37N 75W 017 965362
SEH #614 WY101389089 WMC299049 37N 75W 017 965363
SEH #615 WY101389090 WMC299050 37N 75W 017 965364
SEH #616 WY101389091 WMC299051 37N 75W 017 965365
SEH #617 WY101389092 WMC299052 37N 75W 017 965366
SEH #618 WY101389093 WMC299053 37N 75W 017 965367
SEA 134 WY101389270 WMC299729 38N 75W 020 966546
SEA 135 WY101389271 WMC299730 38N 75W 020 966547
SEA 136 WY101389272 WMC299731 38N 75W 020 966548
SEA 137 WY101389273 WMC299732 38N 75W 020 966549
SEA 138 WY101389274 WMC299733 38N 75W 020 966550
SEA 139 WY101389275 WMC299734 38N 75W 020 966551
SEA 140 WY101389276 WMC299735 38N 75W 020 966552
SEA 141 WY101389277 WMC299736 38N 75W 020 966553
SEA 142 WY101389278 WMC299737 38N 75W 020 966554
SEA 143 WY101389279 WMC299738 38N 75W 020 966555
SEA 144 WY101389280 WMC299739 38N 75W 020 966556

 

Exhibit G-11

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEA 145 WY101389281 WMC299740 38N 75W 020 966557
SEA 146 WY101389282 WMC299741 38N 75W 020 966558
SEA 147 WY101389283 WMC299742 38N 75W 020 966559
SEA 148 WY101389284 WMC299743 38N 75W 020 966560
SEA 158 WY101389285 WMC299753 38N 75W 017 966570
SEA 159 WY101389286 WMC299754 38N 75W 017 966571
SEA 160 WY101389287 WMC299755 38N 75W 017 966572
SEA 161 WY101389288 WMC299756 38N 75W 017 966573
SEA 162 WY101389289 WMC299757 38N 75W 017 966574
SEA 163 WY101389290 WMC299758 38N 75W 017 966575
SEH #621 WY101390283 WMC299056 37N 75W 017 965370
SEH #622 WY101390284 WMC299057 37N 75W 017 965371
SEH #623 WY101390285 WMC299058 37N 75W 017 965372
SEH #624 WY101390286 WMC299059 37N 75W 017 965373
SEH #625 WY101390287 WMC299060 37N 75W 017 965374
SEH #626 WY101390288 WMC299061 37N 75W 017 965375
SEH #627 WY101390289 WMC299062 37N 75W 017 965376
SEA 605 WY101410041 WMC300200 39N 75W 033 967018
SEA 606 WY101410042 WMC300201 39N 75W 033 967019
SEA 607 WY101410043 WMC300202 39N 75W 033 967020
SEA 611 WY101410044 WMC300206 39N 75W 028 967024
SEA 612 WY101410045 WMC300207 39N 75W 028 967025
SEA 613 WY101410046 WMC300208 39N 75W 028 967026
SEA 614 WY101410047 WMC300209 39N 75W 028 967027
SEA 625 WY101410048 WMC300220 39N 75W 028 967038
SEA 626 WY101410049 WMC300221 39N 75W 028 967039
SEA 627 WY101410050 WMC300222 39N 75W 028 967040
SEA 628 WY101410051 WMC300223 39N 75W 028 967041
SEH#861 WY101410128 WMC311846 37N 74W 007 and 008 1048925

 

Exhibit G-12

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#862 WY101410129 WMC311847 37N 74W 007 1048926
SEH#863 WY101410130 WMC311848 37N 74W 007 1048927
SEA 164 WY101470491 WMC299759 38N 75W 017 966576
SEA 165 WY101470492 WMC299760 38N 75W 017 966577
SEA 166 WY101470493 WMC299761 38N 75W 017 966578
SEA 185 WY101470494 WMC299780 38N 75W 017 966597
SEA 186 WY101470495 WMC299781 38N 75W 017 966598
SEA 187 WY101470496 WMC299782 38N 75W 017 966599
SEA 188 WY101470497 WMC299783 38N 75W 017 966600
SEA 189 WY101470498 WMC299784 38N 75W 017 966601
SEA 190 WY101470499 WMC299785 38N 75W 008 966602
SEA 191 WY101470500 WMC299786 38N 75W 008 966603
SEA 192 WY101470501 WMC299787 38N 75W 008 966604
SEA 193 WY101470502 WMC299788 38N 75W 008 966605
SEA 194 WY101470503 WMC299789 38N 75W 008 966606
SEA 195 WY101470504 WMC299790 38N 75W 008 966607
SEA 196 WY101470505 WMC299791 38N 75W 008 966608
SEA 206 WY101470506 WMC299801 38N 75W 008 966618
SEA 207 WY101470507 WMC299802 38N 75W 008 966619
SEA 208 WY101470508 WMC299803 38N 75W 008 966620
SEA 212 WY101470509 WMC299807 38N 75W 008 966624
SEA 213 WY101470510 WMC299808 38N 75W 008 966625
SEA 214 WY101470511 WMC299809 38N 75W 008 966626
SEA 218 WY101471670 WMC299813 38N 75W 008 966630
SEA 219 WY101471671 WMC299814 38N 75W 008 966631
SEA 220 WY101471672 WMC299815 38N 75W 008 966632
SEA 224 WY101471673 WMC299819 38N 75W 005 966636
SEA 225 WY101471674 WMC299820 38N 75W 005 966637
SEA 226 WY101471675 WMC299821 38N 75W 005 966638

 

Exhibit G-13

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEA 227 WY101471676 WMC299822 38N 75W 005 966639
SEA 249 WY101471677 WMC299844 38N 75W 005 966661
SEA 250 WY101471678 WMC299845 38N 75W 005 966662
SEA 251 WY101471679 WMC299846 38N 75W 005 966663
SEA 252 WY101471680 WMC299847 38N 75W 005 966664
SEA 253 WY101471681 WMC299848 38N 75W 005 966665
SEA 254 WY101471682 WMC299849 38N 75W 005 966666
SEA 265 WY101471683 WMC299860 38N 75W 005 966677
SEA 266 WY101471684 WMC299861 38N 75W 005 966678
SEA 267 WY101471685 WMC299862 38N 75W 005 966679
SEA 268 WY101471686 WMC299863 38N 75W 005 966680
SEA 269 WY101471687 WMC299864 38N 75W 005 966681
SEA 270 WY101471688 WMC299865 38N 75W 005 966682
SEA 297 WY101471689 WMC299892 39N 75W 032 966709
SEA 298 WY101471690 WMC299893 39N 75W 032 966710
SEH #534 WY101472610 WMC298969 37N 75W 027 965280
SEA 299 WY101473905 WMC299894 39N 75W 032 966711
SEA 311 WY101473906 WMC299906 39N 75W 032 966723
SEA 312 WY101473907 WMC299907 39N 75W 032 966724
SEA 313 WY101473908 WMC299908 39N 75W 032 966725
SEA 314 WY101473909 WMC299909 39N 75W 032 966726
SEA 315 WY101473910 WMC299910 39N 75W 032 966727
SEA 316 WY101473911 WMC299911 39N 75W 032 966728
SEA 317 WY101473912 WMC299912 39N 75W 032 966729
SEA 329 WY101473913 WMC299924 39N 75W 032 966741
SEA 330 WY101473914 WMC299925 39N 75W 032 966742
SEA 331 WY101473915 WMC299926 39N 75W 032 966744
SEA 332 WY101473916 WMC299927 39N 75W 032 966745
SEA 333 WY101473917 WMC299928 39N 75W 032 966746

 

Exhibit G-14

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEA 334 WY101473918 WMC299929 39N 75W 032 966747
SEA 335 WY101473919 WMC299930 39N 75W 032 966748
SEA 395 WY101473920 WMC299990 38N 75W 028 966808
SEA 396 WY101473921 WMC299991 38N 75W 028 966809
SEA 440 WY101473922 WMC300035 38N 75W 015 966853
SEA 441 WY101473923 WMC300036 38N 75W 015 966854
SEA 442 WY101473924 WMC300037 38N 75W 015 966855
SEA 452 WY101473925 WMC300047 38N 75W 015 966865
SEA 453 WY101474916 WMC300048 38N 75W 015 966866
SEA 590 WY101474917 WMC300185 39N 75W 033 967003
SEA 591 WY101474918 WMC300186 39N 75W 033 967004
SEA 592 WY101474919 WMC300187 39N 75W 033 967005
SEA 593 WY101474920 WMC300188 39N 75W 033 967006
SEA 594 WY101474921 WMC300189 39N 75W 033 967007
SEA 601 WY101474922 WMC300196 39N 75W 033 967014
SEA 602 WY101474923 WMC300197 39N 75W 033 967015
SEA 603 WY101474924 WMC300198 39N 75W 033 967016
SEA 604 WY101474925 WMC300199 39N 75W 033 967017
SEP#679 WY101560644 WMC301845 38N 74W 032 971733
SEP#680 WY101560645 WMC301846 38N 74W 032 971734
SEP#681 WY101560646 WMC301847 38N 74W 032 971735
SEP#682 WY101560647 WMC301848 38N 74W 032 971736
SEP#683 WY101560648 WMC301849 38N 74W 032 971737
SEP#684 WY101560649 WMC301850 38N 74W 032 971738
SEP#685 WY101560650 WMC301851 38N 74W 032 971739
SEP#686 WY101560651 WMC301852 38N 74W 032 971740
SEP#687 WY101560652 WMC301853 38N 74W 032 971741
SEP#688 WY101560653 WMC301854 38N 74W 032 971742
SEP#689 WY101560654 WMC301855 38N 74W 029 971743

 

Exhibit G-15

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#690 WY101560655 WMC301856 38N 74W 029 971744
SEP#691 WY101560656 WMC301857 38N 74W 029 971745
SEP#692 WY101560657 WMC301858 38N 74W 029 971746
SEP#693 WY101560658 WMC301859 38N 74W 029 971747
SEP#694 WY101560659 WMC301860 38N 74W 029 971748
SEP#695 WY101560660 WMC301861 38N 74W 029 971749
SEP#696 WY101560661 WMC301862 38N 74W 029 971750
SEP#697 WY101560662 WMC301863 38N 74W 029 971751
SEP#698 WY101560663 WMC301864 38N 74W 029 971752
SEP#699 WY101560664 WMC301865 38N 74W 029 971753
SEP#700 WY101561444 WMC301866 38N 74W 029 971754
SEP#701 WY101561445 WMC301867 38N 74W 029 971755
SEP#702 WY101561446 WMC301868 38N 74W 029 971756
SEP#703 WY101561447 WMC301869 38N 74W 029 971757
SEP#704 WY101561448 WMC301870 38N 74W 029 971758
SEP#705 WY101561449 WMC301871 38N 74W 029 971759
SEP#706 WY101561450 WMC301872 38N 74W 020 971760
SEP#707 WY101561451 WMC301873 38N 74W 020 971761
SEP#708 WY101561452 WMC301874 38N 74W 020 971762
SEP#709 WY101561453 WMC301875 38N 74W 020 971763
SEP#710 WY101561454 WMC301876 38N 74W 020 971764
SEP#711 WY101561455 WMC301877 38N 74W 020 971765
SEP#712 WY101561456 WMC301878 38N 74W 020 971766
SEP#713 WY101561457 WMC301879 38N 74W 020 971767
SEP#714 WY101561458 WMC301880 38N 74W 020 971768
SEP#715 WY101561459 WMC301881 38N 74W 020 971769
SEP#716 WY101561460 WMC301882 38N 74W 020 971770
SEP#717 WY101561461 WMC301883 38N 74W 020 971771
SEP#718 WY101561462 WMC301884 38N 74W 020 971772

 

Exhibit G-16

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#719 WY101561463 WMC301885 38N 74W 020 971773
SEP#720 WY101561464 WMC301886 38N 74W 020 971774
SEP#721 WY101562244 WMC301887 38N 74W 020 971775
SEP#722 WY101562245 WMC301888 38N 74W 020 971776
SEP#723 WY101562246 WMC301889 38N 74W 033 971777
SEP#724 WY101562247 WMC301890 38N 74W 033 971778
SEP#725 WY101562248 WMC301891 38N 74W 033 971779
SEP#726 WY101562249 WMC301892 38N 74W 033 971780
SEP#727 WY101562250 WMC301893 38N 74W 033 971781
SEP#728 WY101562251 WMC301894 38N 74W 033 971782
SEP#729 WY101562252 WMC301895 38N 74W 028 971783
SEP#730 WY101562253 WMC301896 38N 74W 028 971784
SEP#731 WY101562254 WMC301897 38N 74W 028 971785
SEP#732 WY101562255 WMC301898 38N 74W 028 971786
SEP#733 WY101562256 WMC301899 38N 74W 028 971787
SEP#734 WY101562257 WMC301900 38N 74W 028 971788
SEP#735 WY101562258 WMC301901 38N 74W 028 971789
SEP#736 WY101562259 WMC301902 38N 74W 028 971790
SEH#137 WY101654738 WMC295940 37N 74W 008 953200
SEH#138 WY101654739 WMC295941 37N 74W 008 953201
SEH#139 WY101654740 WMC295942 37N 74W 008 953202
SEH#140 WY101654741 WMC295943 37N 74W 008 953203
SEH#141 WY101654742 WMC295944 37N 74W 008 953204
SEH#142 WY101654743 WMC295945 37N 74W 008 953205
SEH#143 WY101654744 WMC295946 37N 74W 008 953206
SEH#144 WY101654745 WMC295947 37N 74W 008 953207
SEH#145 WY101654746 WMC295948 37N 74W 008 953208
SEH#146 WY101654747 WMC295949 37N 74W 008 953209
SEH#147 WY101654748 WMC295950 37N 74W 008 953210

 

Exhibit G-17

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#148 WY101654749 WMC295951 37N 74W 008 953211
SEH#149 WY101654750 WMC295952 37N 74W 008 953212
SEH#150 WY101654751 WMC295953 37N 74W 008 953213
SEH#155 WY101654752 WMC295958 37N 74W 005 953218
SEH#156 WY101654753 WMC295959 37N 74W 005 953219
SEH#157 WY101654754 WMC295960 37N 74W 005 953220
SEH#158 WY101654755 WMC295961 37N 74W 005 953221
SEH#159 WY101654756 WMC295962 37N 74W 005 953222
SEH#162 WY101654757 WMC295965 37N 74W 005 953225
SEH#163 WY101654758 WMC295966 37N 74W 005 953226
SEH#164 WY101655355 WMC295967 37N 74W 005 953078
SEH#165 WY101655356 WMC295968 37N 74W 005 953079
SEH#166 WY101655357 WMC295969 37N 74W 005 953080
SEH#167 WY101655358 WMC295970 37N 74W 005 953077
SEH#168 WY101656576 WMC295971 37N 74W 005 953076
SEH#169 WY101656577 WMC295972 37N 74W 005 953075
SEH#170 WY101656578 WMC295973 37N 74W 005 953074
SEH#171 WY101656579 WMC295974 37N 74W 005 953073
SEH#1 WY101659179 WMC295804 37N 75W 024 953231
SEH#2 WY101659180 WMC295805 37N 75W 024 953232
SEH#3 WY101659972 WMC295806 37N 75W 024 953233
SEH#4 WY101659973 WMC295807 37N 75W 024 953234
SEH#5 WY101659974 WMC295808 37N 75W 024 953235
SEH#6 WY101659975 WMC295809 37N 75W 024 953236
SEH#7 WY101659976 WMC295810 37N 75W 024 953237
SEH#8 WY101659977 WMC295811 37N 75W 024 953238
SEH#9 WY101659978 WMC295812 37N 75W 024 953239
SEH#10 WY101659979 WMC295813 37N 75W 024 953240
SEH#11 WY101659980 WMC295814 37N 75W 024 953241

 

Exhibit G-18

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#12 WY101659981 WMC295815 37N 75W 024 953242
SEH#13 WY101659982 WMC295816 37N 75W 024 953243
SEH#14 WY101659983 WMC295817 37N 75W 024 953244
SEH#15 WY101659984 WMC295818 37N 75W 024 953245
SEH#16 WY101659985 WMC295819 37N 75W 024 953246
SEH#17 WY101880538 WMC295820 37N 75W 024 953247
SEH#18 WY101880539 WMC295821 37N 75W 024 953248
SEH#19 WY101880540 WMC295822 37N 75W 024 953249
SEH#20 WY101880541 WMC295823 37N 75W 024 953250
SEH#21 WY101880542 WMC295824 37N 75W 024 953251
SEH#22 WY101880543 WMC295825 37N 75W 024 953252
SEH#23 WY101880544 WMC295826 37N 75W 024 953253
SEH#24 WY101880545 WMC295827 37N 75W 024 953254
SEH#25 WY101880546 WMC295828 37N 75W 024 953255
SEH#26 WY101880547 WMC295829 37N 75W 024 953256
SEH#27 WY101880548 WMC295830 37N 75W 024 953257
SEH#28 WY101880549 WMC295831 37N 75W 024 953258
SEH#29 WY101880550 WMC295832 37N 75W 024 953259
SEH#30 WY101880551 WMC295833 37N 75W 013 953260
SEH#31 WY101880552 WMC295834 37N 75W 013 953261
SEH#33 WY101880553 WMC295836 37N 75W 013

953263,

amended at 966408

SEH#34 WY101880554 WMC295837 37N 75W 013

953264,

amended at 966409

SEH#35 WY101880555 WMC295838 37N 75W 013

953265,

amended at 966410

SEH#36 WY101880556 WMC295839 37N 75W 013

953266,

amended at 966411

SEH#37 WY101880557 WMC295840 37N 75W 013

953267,

amended at 966412

 

Exhibit G-19

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#38 WY101880558 WMC295841 37N 75W 013 953268
SEH#172 WY101880559 WMC295975 37N 74W 005 953072
SEH#173 WY101880560 WMC295976 37N 74W 005 953071
SEH#174 WY101880561 WMC295977 37N 74W 005 953070
SEH#175 WY101880562 WMC295978 37N 74W 005 953069
SEH#176 WY101880563 WMC295979 37N 74W 005 953068
SEH#177 WY101880564 WMC295980 37N 74W 005 953067
SEH#178 WY101880565 WMC295981 37N 74W 005 953066
SEH#179 WY101880566 WMC295982 37N 74W 005 953065
SEH#180 WY101880567 WMC295983 37N 74W 005 953064
SEH#181 WY101880568 WMC295984 37N 74W 005 953063
SEH#182 WY101880569 WMC295985 37N 74W 005 953062
SEH#225 WY101880570 WMC296028 37N 74W 009 953288
SEH#234 WY101880571 WMC296037 37N 74W 009 953297
SEH#243 WY101880572 WMC296046 37N 74W 009 953306
SEH#244 WY101880573 WMC296047 37N 74W 009 953307
SEH#245 WY101880574 WMC296048 37N 74W 009 953308
SEH#246 WY101880575 WMC296049 37N 74W 009 953309
SEH#247 WY101880576 WMC296050 37N 74W 009 953310
SEH#248 WY101880577 WMC296051 37N 74W 009 953311
SEH#249 WY101880578 WMC296052 37N 74W 004 953312
SEH#250 WY101880579 WMC296053 37N 74W 004 953313
SEH#39 WY101881338 WMC295842 37N 75W 013 953269
SEH#40 WY101881339 WMC295843 37N 75W 013 953270
SEH#41 WY101881340 WMC295844 37N 75W 013 953271
SEH#42 WY101881341 WMC295845 37N 75W 013 953272
SEH#43 WY101881342 WMC295846 37N 75W 013 953273
SEH#44 WY101881343 WMC295847 37N 75W 013 953274
SEH#45 WY101881344 WMC295848 37N 75W 013 953275

 

Exhibit G-20

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#46 WY101881345 WMC295849 37N 75W 013 953276
SEH#47 WY101881346 WMC295850 37N 75W 013 953277
SEH#48 WY101881347 WMC295851 37N 75W 013 953278
SEH#49 WY101881348 WMC295852 37N 75W 013 953279
SEH#50 WY101881349 WMC295853 37N 75W 013 953280
SEH#54 WY101881350 WMC295857 37N 75W 013 953017
SEH#55 WY101881351 WMC295858 37N 75W 013 953018
SEH#56 WY101881352 WMC295859 37N 75W 013 953019
SEH#57 WY101881353 WMC295860 37N 75W 013 953020
SEH#63 WY101881354 WMC295866 37N 74W 018 953026
SEH#64 WY101881355 WMC295867 37N 74W 018 953027
SEH#65 WY101881356 WMC295868 37N 74W 018 953028
SEH#66 WY101881357 WMC295869 37N 74W 018 953029
SEH#67 WY101881358 WMC295870 37N 74W 018

953030,

amended at 966407

SEH#251 WY101881359 WMC296054 37N 74W 004 953314
SEH#252 WY101881360 WMC296055 37N 74W 004 953315
SEH#253 WY101881361 WMC296056 37N 74W 004 953316
SEH#295 WY101881362 WMC296098 37N 74W 015 953408
SEH#296 WY101881363 WMC296099 37N 74W 015 953409
SEH#297 WY101881364 WMC296100 37N 74W 015 953410
SEH#298 WY101881365 WMC296101 37N 74W 015 953411
SEH#299 WY101881366 WMC296102 37N 74W 015 953412
SEH#300 WY101881367 WMC296103 37N 74W 015 953413
SEH#301 WY101881368 WMC296104 37N 74W 015 953414
SEH#302 WY101881369 WMC296105 37N 74W 015 953415
SEH#303 WY101881370 WMC296106 37N 74W 015 953416
SEH#369 WY101881371 WMC296172 37N 74W 014 953333
SEH#370 WY101881372 WMC296173 37N 74W 014 953334

 

Exhibit G-21

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#371 WY101881373 WMC296174 37N 74W 014 953335
SEH#376 WY101881374 WMC296179 37N 74W 014 953340
SEH#377 WY101881375 WMC296180 37N 74W 014 953341
SEH#378 WY101881376 WMC296181 37N 74W 014 953342
SEH#68 WY101881964 WMC295871 37N 74W 018 953131
SEH#69 WY101881965 WMC295872 37N 74W 018 953132
SEH#70 WY101881966 WMC295873 37N 74W 018 953133
SEH#71 WY101881967 WMC295874 37N 74W 018 953134
SEH#72 WY101881968 WMC295875 37N 74W 018 953135
SEH#73 WY101881969 WMC295876 37N 74W 018 953136
SEH#74 WY101881970 WMC295877 37N 74W 018 953137
SEH#75 WY101881971 WMC295878 37N 74W 018 953138
SEH#76 WY101881972 WMC295879 37N 74W 018 953139
SEH#77 WY101881973 WMC295880 37N 74W 007 953140
SEH#78 WY101881974 WMC295881 37N 74W 007 953141
SEH#79 WY101881975 WMC295882 37N 74W 007 953142
SEH#80 WY101881976 WMC295883 37N 74W 007 953143
SEH#81 WY101881977 WMC295884 37N 74W 007 953144
SEH#82 WY101881978 WMC295885 37N 74W 007 953145
SEH#83 WY101881979 WMC295886 37N 74W 007 953146
SEH#84 WY101881980 WMC295887 37N 74W 007 953147
SEH#85 WY101881981 WMC295888 37N 74W 007 953148
SEH#86 WY101881982 WMC295889 37N 74W 007 953149
SEH#87 WY101881983 WMC295890 37N 74W 007 953150
SEH#88 WY101881984 WMC295891 37N 74W 007 953151
SEH#89 WY101882580 WMC295892 37N 74W 007 953152
SEH#90 WY101882581 WMC295893 37N 74W 007 953153
SEH#91 WY101882582 WMC295894 37N 74W 007 953154
SEH#92 WY101882583 WMC295895 37N 74W 007 953155

 

Exhibit G-22

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEH#93 WY101882584 WMC295896 37N 74W 007 953156
SEH#94 WY101882585 WMC295897 37N 74W 007 953157
SEH#120 WY101882586 WMC295923 37N 74W 017 953183
SEH#121 WY101882587 WMC295924 37N 74W 017 935184
SEH#122 WY101882588 WMC295925 37N 74W 017 935185
SEH#123 WY101882589 WMC295926 37N 74W 008 953186
SEH#124 WY101882590 WMC295927 37N 74W 008 953187
SEH#126 WY101882591 WMC295929 37N 74W 008 953189
SEH#127 WY101882592 WMC295930 37N 74W 008 953190
SEH#128 WY101882593 WMC295931 37N 74W 008 953191
SEH#129 WY101882594 WMC295932 37N 74W 008 953192
SEH#130 WY101882595 WMC295933 37N 74W 008 953193
SEH#131 WY101882596 WMC295934 37N 74W 008 953194
SEH#132 WY101882597 WMC295935 37N 74W 008 953195
SEH#134 WY101882598 WMC295937 37N 74W 008 953197
SEH#135 WY101882599 WMC295938 37N 74W 008 953198
SEH#136 WY101882600 WMC295939 37N 74W 008 953199
SEP#08 WY101885841 WMC301174 37N 75W 007 971062
SEP#09 WY101885842 WMC301175 37N 75W 007 971063
SEP#10 WY101886622 WMC301176 37N 75W 007 971064
SEP#11 WY101886623 WMC301177 37N 75W 007 971065
SEP#26 WY101886624 WMC301192 37N 75W 007 971080
SEP#27 WY101886625 WMC301193 37N 75W 007 971081
SEP#28 WY101886626 WMC301194 37N 75W 007 971082
SEP#29 WY101886627 WMC301195 37N 75W 007 971083
SEP#30 WY101886628 WMC301196 37N 75W 007 971084
SEP#31 WY101886629 WMC301197 37N 75W 007 971085
SEP#42 WY101886630 WMC301208 37N 75W 006 971096
SEP#43 WY101886631 WMC301209 37N 75W 006 971097

 

Exhibit G-23

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#44 WY101886632 WMC301210 37N 75W 006 971098
SEP#45 WY101886633 WMC301211 37N 75W 006 971099
SEP#46 WY101886634 WMC301212 37N 75W 006 971100
SEP#47 WY101886635 WMC301213 37N 75W 006 971101
SEP#48 WY101886636 WMC301214 37N 75W 006 971102
SEP#49 WY101886637 WMC301215 37N 75W 006 971103
SEP#60 WY101886638 WMC301226 37N 75W 006 971114
SEP#61 WY101886639 WMC301227 37N 75W 006 971115
SEP#62 WY101886640 WMC301228 37N 75W 006 971116
SEP#63 WY101886641 WMC301229 37N 75W 006 971117
SEP#64 WY101886642 WMC301230 37N 75W 008 971118
SEP#65 WY101887422 WMC301231 37N 75W 008 971119
SEP#66 WY101887423 WMC301232 37N 75W 008 971120
SEP#67 WY101887424 WMC301233 37N 75W 008 971121
SEP#78 WY101887425 WMC301244 37N 75W 008 971132
SEP#79 WY101887426 WMC301245 37N 75W 008 971133
SEP#80 WY101887427 WMC301246 37N 75W 008 971134
SEP#81 WY101887428 WMC301247 37N 75W 008 971135
SEP#82 WY101887429 WMC301248 37N 75W 008 971136
SEP#83 WY101887430 WMC301249 37N 75W 008 971137
SEP#84 WY101887431 WMC301250 37N 75W 008 971138
SEP#85 WY101887432 WMC301251 37N 75W 008 971139
SEP#98 WY101887433 WMC301264 37N 75W 008 971152
SEP#99 WY101887434 WMC301265 37N 75W 008 971153
SEP#100 WY101887435 WMC301266 37N 75W 005 971154
SEP#101 WY101887436 WMC301267 37N 75W 005 971155
SEP#116 WY101887437 WMC301282 37N 75W 005 971170
SEP#117 WY101887438 WMC301283 37N 75W 005 971171
SEP#463 WY101887439 WMC301629 37N 75W 012 971517

 

Exhibit G-24

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#464 WY101887440 WMC301630 37N 75W 012 971518
SEP#465 WY101887441 WMC301631 37N 75W 012 971519
SEP#466 WY101887442 WMC301632 37N 75W 012 971520
SEP#487 WY101888244 WMC301653 37N 75W 001 971541
SEP#488 WY101888245 WMC301654 37N 75W 001 971542
SEP#489 WY101888246 WMC301655 37N 75W 001 971543
SEP#490 WY101888247 WMC301656 37N 75W 001 971544
SEP#499 WY101888248 WMC301665 37N 75W 001 971553
SEP#500 WY101888249 WMC301666 37N 75W 001 971554
SEP#557 WY101888250 WMC301723 38N 74W 031 971611
SEP#558 WY101888251 WMC301724 38N 74W 031 971612
SEP#559 WY101888252 WMC301725 38N 74W 031 971613
SEP#560 WY101888253 WMC301726 38N 74W 031 971614
SEP#561 WY101888254 WMC301727 38N 74W 031 971615
SEP#562 WY101888255 WMC301728 38N 74W 031 971616
SEP#563 WY101888256 WMC301729 38N 74W 031 971617
SEP#564 WY101888257 WMC301730 38N 74W 031 971618
SEP#577 WY101888258 WMC301743 38N 74W 030 971631
SEP#578 WY101888259 WMC301744 38N 74W 030 971632
SEP#579 WY101888260 WMC301745 38N 74W 030 971633
SEP#580 WY101888261 WMC301746 38N 74W 030 971634
SEP#591 WY101888262 WMC301757 38N 74W 030 971645
SEP#592 WY101888263 WMC301758 38N 74W 030 971646
SEP#593 WY101888264 WMC301759 38N 74W 030 971647
SEP#594 WY101889044 WMC301760 38N 74W 030 971648
SEP#595 WY101889045 WMC301761 38N 74W 019 971649
SEP#596 WY101889046 WMC301762 38N 74W 019 971650
SEP#597 WY101889047 WMC301763 38N 74W 019 971651
SEP#598 WY101889048 WMC301764 38N 74W 019 971652

 

Exhibit G-25

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#609 WY101889049 WMC301775 38N 74W 019 971663
SEP#610 WY101889050 WMC301776 38N 74W 019 971664
SEP#611 WY101889051 WMC301777 38N 74W 019 971665
SEP#612 WY101889052 WMC301778 38N 74W 019 971666
SEP#613 WY101889053 WMC301779 38N 74W 019 971667
SEP#614 WY101889054 WMC301780 38N 74W 019 971668
SEP#625 WY101889055 WMC301791 38N 74W 019 971679
SEP#626 WY101889056 WMC301792 38N 74W 019 971680
SEP#627 WY101889057 WMC301793 38N 74W 019 971681
SEP#628 WY101889058 WMC301794 38N 74W 019 971682
SEP#629 WY101889059 WMC301795 38N 74W 018 971683
SEP#630 WY101889060 WMC301796 38N 74W 018 971684
SEP#631 WY101889061 WMC301797 38N 74W 018 971685
SEP#632 WY101889062 WMC301798 38N 74W 018 971686
SEP#641 WY101889063 WMC301807 38N 74W 018 971695
SEP#642 WY101889064 WMC301808 38N 74W 018 971696
SEP#643 WY101889844 WMC301809 38N 74W 018 971697
SEP#659 WY101889845 WMC301825 38N 74W 032 971713
SEP#660 WY101889846 WMC301826 38N 74W 032 971714
SEP#661 WY101889847 WMC301827 38N 74W 032 971715
SEP#662 WY101889848 WMC301828 38N 74W 032 971716
SEP#663 WY101889849 WMC301829 38N 74W 032 971717
SEP#664 WY101889850 WMC301830 38N 74W 032 971718
SEP#665 WY101889851 WMC301831 38N 74W 032 971719
SEP#666 WY101889852 WMC301832 38N 74W 032 971720
SEP#667 WY101889853 WMC301833 38N 74W 032 971721
SEP#668 WY101889854 WMC301834 38N 74W 032 971722
SEP#669 WY101889855 WMC301835 38N 74W 032 971723
SEP#670 WY101889856 WMC301836 38N 74W 032 971724

 

Exhibit G-26

 

 

        County
        Recording
    Legacy Serial Township Range (Instrument
Claim Name Serial Number Number Section No.)
SEP#671 WY101889857 WMC301837 38N 74W 032 971725
SEP#672 WY101889858 WMC301838 38N 74W 032 971726
SEP#673 WY101889859 WMC301839 38N 74W 032 971727
SEP#674 WY101889860 WMC301840 38N 74W 032 971728
SEP#675 WY101889861 WMC301841 38N 74W 032 971729
SEP#676 WY101889862 WMC301842 38N 74W 032 971730
SEP#677 WY101889863 WMC301843 38N 74W 032 971731
SEP#678 WY101889864 WMC301844 38N 74W 032 971732

 

Exhibit G-27

 

 

Exhibit H 

to 

Purchase and Sale Agreement

 

Assignment and Assumption of Wyoming State Leases

 

[assignment form follows]

 

Exhibit H-1

 

 

ASSIGNMENT

OFFICE OF STATE LANDS AND INVESTMENTS
STATE OF WYOMING

 

KNOW ALL MEN BY THESE PRESENTS: That I, we, _____________________________________________________________________, assignor, being lessee, lessees, under that certain State of Wyoming Lease bearing Serial ______________ number ________________, and covering land situate in ____________________ County, Counties, described as follows:

 

and containing __________ acres more or less, for and in consideration of the sum of __________ Dollars ($             ) in hand paid, the receipt of which is hereby acknowledged, do hereby sell, assign, transfer and set over unto ______________________________________________________________ of ____________________________, assignee, all rights, title and interest of assignor in and to said lease insofar as it covers the following described land:

 

and containing __________ acres, more or less, reserving, however, unto assignor

 

 
 
 

 

TO HAVE AND TO HOLD unto the said ______________________________ successors and assigns, subject to the terms and conditions of said lease, the grants and reservations herein contain extending to any renewal lease, substitute lease or new lease issued in lieu thereof with full effect.

 

IN WITNESS WHEREOF, this instrument executed this _______ day of ______________, ______

 

WITNESS:        
        Assignor-Lessee
         
    By    
        President
         
      Attest  
(SEAL)        
        Secretary

 

ACKNOWLEDGEMENT (For use by Individual)

 

State of _________________________ }  
                                ss  
County of ______________________ }  

 

On this ____________ day of ______________, A.D. 20____, before me personally appeared _________________________________ to me known to be the person described in and who executed the foregoing instrument, and acknowledged that he executed the same as his free act and deed.

 

Witness my hand and seal this _______ day of _____________, A.D. 20____.

 

(SEAL)        
      Notary Public

 

My Commission expires:  
 
 

 

ACKNOWLEDGEMENT (For use by Corporation)

 

State of _________________________ }  
                         ss  
County of ______________________ }  

 

On this _________ day of ______________, A.D. 20____, before me personally appeared _________________________________, to me personally known, who, being by me duly sworn, did say that he is the ____________ of _________________________ and that the seal affixed to said instrument is the corporate seal of said corporation and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of

 

Directors, and ____________________________________________ acknowledged said instrument to be the free act and deed of said corporation.

 

Witness my hand and seal this _______ day of ________________, A.D. 20____.

 

(SEAL)        
        Notary Public

 

My Commission Expires: _______________________________

 

Assignment recorded in the Office of the OFFICE OF STATE LANDS AND INVESTMENTS:    

 

(Fee for recording this form of assignment is $40.00. If other terms are desired incorporated in the assignment a special form should be prepared and signed copies forwarded to the OFFICE OF STATE LANDS AND INVESTMENTS in duplicate, as one copy is retained for the office record.) 

 

Exhibit H-2

 

 

Exhibit I 

to 

Purchase and Sale Agreement

 

Development Agreements Assignment

 

[assignment form follows]

 

Exhibit I-1

 

 

After Recording, Mail To: 

Powder River Basin LLC

 

 

 

 

 

ASSIGNMENT AND ASSUMPTION OF DEVELOPMENT AGREEMENTS

 

This Assignment and Assumption of Development Agreements (this “Assignment”) is made and entered into effective as of _____, 2025 (the “Effective Date”), by and between Stakeholder Energy, LLC, a Wyoming limited liability company (“Assignor”), with a mailing address of ________________________________, and Powder River Basin LLC, a Delaware limited liability company (“Assignee”), with a mailing address of ___________________________________________________.

 

RECITALS

 

A.Assignor and [Enter Lessor] entered into [Reference Name(s) of Lease(s) and Agreement(s)] dated [Enter Date], as amended, (collectively, the “Contracts”) covering certain properties described therein (the “Property”). 2

 

B.Assignor, as Seller, and Assignee, as Buyer, are parties to that certain Purchase and Sale Agreement dated ________ __, 2025 (the “Purchase Agreement”) relating to the purchase of certain assets owned by Assignor.

 

C.Pursuant to the terms and conditions of the Purchase Agreement, Assignor agreed to assign its interest in the Contracts to Assignee, and Assignee has agreed to assume all of Assignor’s obligations under the Contracts.

 

ACCORDINGLY, for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged Assignor and Assignee hereby agree as follows:

 

1.       Assignor hereby transfers, assigns, and conveys to Assignee, and its successors and assigns, all of Assignor’s right, title and interest in, to and under the Contracts effective as of the Effective Date.

 

2.       Assignee hereby accepts the assignment of Assignor’s interest in the Contracts, and hereby assumes all of the obligations and liabilities of Assignor under the Contracts arising from and after the Effective Date and agrees, for the benefit of Assignor to perform, observe, keep and comply with all of the terms, covenants, conditions, provisions and agreements contained in the Contracts on the part of Assignor to be performed, observed, kept and complied with from and after the Effective Date, subject to its right to terminate any or all of the Contracts in accordance with the provisions thereof.

 

 

2 Note to Draft: It may be easier to move this information to a schedule to the assignment.

 

Exhibit I-2

 

3.       This Assignment shall be binding upon and inure to the benefit of Assignor, Assignee and their respective successors and assigns. This Assignment may be signed in any number of counterparts, all of which when taken together shall constitute one complete instrument. This Assignment will be governed by and construed under and in accordance with the laws of the State of Wyoming.

 

[Signature Page Follows]

Exhibit I-3

 

IN WITNESS WHEREOF, the parties hereto have executed this Assignment to be effective as of the Effective Date.

 

ASSIGNOR

 

Stakeholder Energy, LLC

 

By: ____________________

Name: _________________

Its: ____________________

 

STATE OF _____________ )
  : ss.
County of ______________ )

 

Signed and acknowledged before me on __________________, 2025, by______________, as ______________________ of Stakeholder Energy, LLC, a Wyoming limited liability company.

 

  Notary Signature

 

ASSIGNEE

 

Powder River Basin LLC, 

a Delaware limited liability company

 

By: ____________________

Name: _________________

Its: ____________________

 

STATE OF _____________ )
  : ss.
County of ______________ )

 

Exhibit I-4

 

Signed and acknowledged before me on __________________, 2025, by______________, as ______________________ of Powder River Basin LLC, a Delaware limited liability company.

 

  Notary Signature

 

Exhibit I-5

 

Exhibit J

to

Purchase and Sale Agreement

 

[form Estoppel Certificate to follow]

 

Exhibit J-1

 

ESTOPPEL CERTIFICATE

 

This Estoppel Certificate (this “Certificate”), dated _____________, 2025 (the “Effective Date”), is executed and delivered by ______________ (“[Counterparty Name(s) / Lessor(s)]”), for the benefit of Acquiror (as defined below). [Counterparty Name(s) / Lessor(s)] and Stakeholder Energy, LLC (“Stakeholder”) are parties to that [Surface Use Agreement / Uranium Exploration and Development Agreement / Uranium and Mineral Lease Agreement] dated ________________ (the “[SUA / E&D Agreement / Lease]”), pursuant to which [Counterparty Name(s) / Lessor(s)] [has / have] [granted certain rights / leased] to Stakeholder [in] certain property owned and/or leased by them in Converse County, Wyoming (the “Subject Property”), as described in the [SUA / E&D Agreement / Lease], for purposes of [entry upon the Subject Property for the purpose of locating mining claims, conducting exploration work, developing ore bodies, and producing uranium and associated minerals / conducting exploration and developing underground mining and related activities on the Subject Property / leasing the subject minerals on or under the Subject Property]. Powder River Basin LLC, a Delaware limited liability company, (“Acquiror”) is considering acquiring certain of Stakeholder’s assets in Converse County, Wyoming, including an assignment of Stakeholder’s interest in the [SUA / E&D Agreement / Lease], and has requested that [Counterparty Name(s) / Lessor(s)] provide this Certificate in connection with that proposed acquisition.

 

[Counterparty Name(s) / Lessor(s)] hereby certify[y / ies], as of the Effective Date, to Acquiror, and Acquiror’s successors and assigns, whom [Counterparty Name(s) / Lessor(s)] acknowledges are relying on the certifications included in this Certificate, that:

 

1.             The [SUA / E&D Agreement / Lease] is in full force and effect and has not been modified, changed, altered or amended in any respect except as described above. The [SUA / E&D Agreement / Lease], along with the [list other documents, e.g., SUA / E&D Agreement / Lease] represents the entire agreement between [Counterparty Name(s) / Lessor(s)] and Stakeholder with respect to the Subject Property.

 

2.As of the Effective Date:

 

(a)        Stakeholder has timely and fully performed all of its payment and other obligations under the [SUA / E&D Agreement / Lease], and to [Counterparty Name(s) / Lessor(’s’)] knowledge, there are no defaults existing under the [SUA / E&D Agreement / Lease] on the part of Stakeholder and no events have occurred that, with the passage of time or the giving of notice, or both, would constitute a default by Stakeholder under the [SUA / E&D Agreement / Lease];

 

(b)        there are no defaults existing under the [SUA / E&D Agreement / Lease] on the part of [Counterparty Name(s) / Lessor(s)] and no events have occurred that, with the passage to time or the giving of notice, or both, would constitute a default by [Counterparty Name(s) / Lessor(s)] under the [SUA / E&D Agreement / Lease]; and

 

(c)        to the [Counterparty Name(s) / Lessor(’s’)] knowledge, there is no existing basis for it to cancel or terminate the [SUA / E&D Agreement / Lease].

 

Exhibit I-2

 

3.             [Counterparty Name(s) / Lessor(s)] [has / have] read this Certificate and acknowledge and understand the certifications and representations made herein. This Certificate is executed by [Counterparty Name(s) / Lessor(s)] intending reliance hereon by Acquiror and its successors and assigns.

 

4.             This Certificate may be executed in one or more counterparts, which taken together shall constitute one and the same document.

 

[Signature Page Follows]

 

Exhibit I-3

 

IN WITNESS WHEREOF, the undersigned, intending to be legally bound hereby, have executed and delivered this Certificate as of the Effective Date.

 

  [COUNTERPARTY NAME(S) / LESSOR(S)]
   
 

______________________________,

[a ___________________ corporation]

   
 

By: ____________________________________

Name: __________________________________

Title: ___________________________________

 

Exhibit I-4

 

Exhibit K-1

to

Purchase and Sale Agreement

 

Terms of Amendments to Underlying Agreements

 

1.Shut in Royalty Provision. This provision would be deleted in its entirety.

 

2.Schedule and Calculation of Royalty Payments to be modified to reflect:

 

a. Payments on a quarterly schedule.

b. Payment of a royalty based on the listed percentage of cash payments actually received for delivered product during the quarter.

 

3.     Continuous Operations. Revisions to the continuous operations clauses of the Underlying Agreements, (i) providing that the continuous operations provisions do not become applicable until the end of the five-year extensions to the primary term of the leases, (ii) providing that “continuous operations” include not only mining, processing, development and reclamation, but any activities the Lessee is permitted or required by regulatory agencies to engage in under the leases (so that any exploration, development, mining, processing or related activities would satisfy the obligation to perform continuous operations and keep the leases in effect), and (iii) conforming the references to continuous operations in the different Sections of the Mineral Leases so that they are consistent with each other.

 

Exhibit K-1

 

Exhibit K-2
to 

Purchase and Sale Agreement

 

Terms of Amendments to Certain Royalty Assignments

 

1.  The description of the nature, calculation and payment of the production royalties shall be modified so that they are payable quarterly, calculated at the Applicable Royalty Percentage (as defined in Exhibit O to this Agreement, and based on a percentage of Net Smelter Returns, as Net Smelter Returns are defined in Exhibit O to this Agreement.

 

2.  The provisions of the Royalty Assignments shall be modified to include the provisions of the attached Exhibit O, modified as applicable to the properties covered thereby and the terms thereof.

 

Exhibit K-2

 

Exhibit L
to 

Purchase and Sale Agreement

 

FIRPTA Certificate

 

Section 1445 of the Internal Revenue Code provides that a transferee of a United States real property interest must withhold tax if the transferor is a foreign person. For U.S. tax purposes (including Code Section 1445), the owner of a disregarded entity (which has legal title to a U.S. real property interest under local law) will be the transferor of the property and not the disregarded entity. To inform Powder River Basin LLC, a Delaware limited liability company (“Transferee”), that withholding of tax is not required upon the disposition of U.S. real property interests by Stakeholder Energy, LLC (“Transferor”), the undersigned hereby certifies the following on behalf of Transferor:

 

1.Transferor is not a foreign corporation, foreign partnership, foreign trust, foreign estate, or foreign person (as those terms are defined in the Internal Revenue Code and Income Tax Regulations);

 

2.Transferor is not a disregarded entity as defined in Treasury Regulations Section 1.1445-2(b)(2)(iii);

 

3.Transferor’s United States employer identification number is __________________; and

 

4.Transferor’s address is ________________________________.

 

Transferor understands that this certification may be disclosed to the Internal Revenue Service by Transferee and that any false statement contained herein could be punished by fine, imprisonment, or both.

 

Under penalties or perjury, I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct and complete, and I further declare that I have authority to sign this document on behalf of Transferor.

 

Executed on [●], 2025.

 

Stakeholder Energy, LLC

 

By:  
   
Name:  
   
Title:  
   

Exhibit L-1

 

Exhibit M
to 

Purchase and Sale Agreement

 

Royalty Assignments

 

Assignment
Number
Assignee(s) Royalty
Interest
Burdened Property
       
1

Investor Pool, LLC (Investor Pool, LLC’s interest was subsequently conveyed to those assignees under Assignment Number 4, below)

 

2% See Document Number 1130978, records of the Clerk and Recorder of Converse County, Wyoming
2

Investor Pool, LLC (Investor Pool, LLC’s interest was subsequently conveyed to those assignees under Assignment Number 5, below)

 

2% See Document Number 1130979, records of the Clerk and Recorder of Converse County, Wyoming
3

Investor Pool, LLC (Investor Pool, LLC’s interest was subsequently conveyed to those assignees under Assignment Number 6, below)

 

2% See Document Number 1130980, records of the Clerk and Recorder of Converse County, Wyoming
4 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, JEL Enterprises, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 2% See Document Number 1130981, records of the Clerk and Recorder of Converse County, Wyoming
       
5 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, JEL Enterprises, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 2% See Document Number 1130982, records of the Clerk and Recorder of Converse County, Wyoming
       
6 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, JEL Enterprises, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 2% See Document Number 1130983, records of the Clerk and Recorder of Converse County, Wyoming
       
7 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 5% See Document Number 1131103, records of the Clerk and Recorder of Converse County, Wyoming
       
8 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 5% See Document Number 1131104, records of the Clerk and Recorder of Converse County, Wyoming
       
9 Nerd Gas Company, LLC, Nuclear Energy Exploration, LLC, Barlow & Haun, Inc., Kent A. Sundell Combined 5%

See Document Number 1131105, records of the Clerk and Recorder of Converse County, Wyoming

Exhibit M-1

 

Exhibit N

to

Purchase and Sale Agreement

 

Royalty Area of Interest Map

 

***

 

 

 

Exhibit N-1

 

Exhibit O
to

Purchase and Sale Agreement

 

Area of Interest Royalty

 

Buyer shall pay to Stakeholder a production royalty based on the Applicable Royalty Percentage of the Net Smelter Returns from Subject Minerals produced and sold or deemed sold by Buyer from any AOI Property.

 

a.             Definitions. As used in this Exhibit O, capitalized terms shall have the meaning ascribed to them in the Agreement, and the additional words and phrases set forth below shall have the following meanings:

 

(i)         “Applicable Royalty Percentage” means the royalty percentage applicable depending on the applicable sales price of U3O8 Concentrate, as set forth on the following table:

 

U308 Realized Price NSR Variable %
$59.99 and less 3.50%
$60-69.99 3.75%
$70-79.99 4.50%
$80-89.99 5.00%
$90-99.99 5.00%
$100-109.99 5.00%
$110-119.99 5.00%
$120-129.99 5.50%
$130-139.99 5.75%
$140-149.99 6.00%
$150 and above 6.00%

 

(ii)        “Lixiviant” means the solution containing Subject Minerals which is the end product produced at each well house.

 

(iii)       “U3O8 Concentrate” means the product derived from the Lixiviant after further Processing.

 

(iv)       “Proceeds” means the sum either actually received or deemed to have been received by Buyer for the sale of U3O8 Concentrate.

 

Exhibit O-1

 

(v)       “Transportation Costs” means the expenses and charges actually incurred by Buyer in transporting U3O8 Concentrate from the mine to the converter and then on to any other place of sale. Such expenses shall include, but not be limited to, freight, shipment, insurance, handling, security, port, delay, demurrage, forwarding costs and transportation taxes.

 

(vi)       “Processing Costs” means the amounts actually incurred by Buyer for Processing; provided, however, that Processing Costs shall not include any capital expenditures.

 

(vii)       “Processing” means the activities undertaken to convert Lixiviant to U3O8 Concentrate, including without limitation (A) pumping Lixivinant from the wellfield to the Plant; (B) the ion exchange, elution, precipitation, drying and drumming processes that take place in the Plant; (C) management of waste and hazardous materials related to the milling, refining, or treatment process; and (D) infrastructure maintenance related to the milling, refining, or treatment process.

 

(viii)      “Ad Valorem Tax” means any taxes or other assessments based on the value of any AOI Property or any fixtures thereon, including the Plant.

 

(ix)       “Plant” means the plant in which Processing of Lixiviant into U3O8 Concentrate is conducted.

 

b.            Calculation of Net Smelter Returns. The Net Smelter Returns from U3O8 Concentrate produced and sold by Buyer from any AOI Property shall be determined as follows:

 

(i)         For U3O8 Concentrate sold by Buyer to a non-Affiliate, Net Smelter Returns shall be calculated based on the Applicable Royalty Percentage for the Proceeds received therefrom by Buyer, less, to the extent actually incurred by Buyer, sale or brokerage costs, Transportation Costs, Processing Costs, severance taxes and Ad Valorem Taxes. Such U3O8 Concentrate shall be deemed sold at the time the Proceeds are received by Buyer.

 

(ii)        If U3O8 Concentrate is sold or transferred by Buyer to an Affiliate, it shall be deemed sold by Buyer at the time of delivery to the Affiliate and the Net Smelter Returns shall be deemed to be an amount equal to that which would have been received by Buyer from a bona fide third party purchaser in an arms-length transaction for an identical product less Transportation Costs, Processing Costs, severance taxes and Ad Valorem Taxes incurred by Buyer.

 

Exhibit O-2

 

 

c.           Payment. Payment of production royalties shall be made by Buyer to Stakeholder within thirty (30) days after the end of each calendar quarter during which Proceeds are received by Buyer for any Subject Minerals removed from, produced and sold from any AOI Property, and shall be accompanied by a statement showing weights and values of all Subject Minerals produced from any AOI Property during such previous month.

 

d.           Audit Rights. Buyer shall keep accurate production well records, assay records, and other relevant data necessary to document the quantity of Subject Minerals produced from any AOI Property, together with records of volumes of Proceeds received by Buyer for such Subject Minerals; provided that Buyer shall have no duty to preserve such records for longer than sixty (60) months after Subject Minerals are produced and sold from any AOI Property. Prior to the expiration of such sixty-month period, Stakeholder, or its agents, shall have access during normal business hours, upon reasonable notice and in such manner as will not unreasonably interfere with the conduct of business, to such records for the purpose of inspecting and auditing the production royalty payments. If Stakeholder believes that an inspection or audit shows that uranium or other mineral production from any AOI Property or that the Proceeds calculations are incorrect, it may submit a written claim to Buyer for the additional amount of production royalty that Stakeholder believes it is entitled to. Within thirty (30) days following receipt of such a claim from the Stakeholder, Buyer shall either (i) pay to Stakeholder the royalty owed on the claimed additional amount of production, or (ii) notify Stakeholder in writing that Buyer disagrees with all or part of the Stakeholder’s claim, state the basis on which it disagrees with the claim, and pay that amount, if any, that is not in dispute. All disputes under this paragraph shall be resolved in state or federal courts of Wyoming with jurisdiction.

 

e.           Pooling. Stakeholder specifically grants Buyer the right to pool the production of Subject Minerals from all or any part of any AOI Property with the production of Subject Minerals from all or any part of adjacent or contiguous land whether owned by the Stakeholder, Buyer, or a third party, at any time and from time to time to explore, drill, mine, operate for, produce, extract, remove, transport, and sell uranium and other Subject Minerals, provided the area so pooled (the “pooled land”) shall, as near as is practicable, cover only the delineated ore body from which production attributable to the pooled land is to occur. For the purpose of determining production royalty under this Exhibit O, any production of uranium or other Subject Minerals produced from the pooled land shall be allocated to applicable AOI Property on the basis of the amount of surface acreage of any AOI Property contained in the pooled land as it relates to the total surface acreage of all land contained in the pooled land. Uranium and other Subject Minerals produced from the pooled land shall be conclusively presumed to be produced uniformly within the boundaries of the pooled land both as to quantity and quality, and the amount allocated to any AOI Property shall be, for all purposes under this Exhibit O, presumed to have been produced from that AOI Property. Buyer shall not, during production by solution milling methods, be required to account to the Stakeholder for any Subject Minerals that migrate off any AOI Property or solutions that migrate on to any AOI Property as long as Buyer is conducting its operations in a reasonable and prudent manner.

 

Exhibit O-3

 

 

f.            Commingling. Stakeholder grants Buyer the right to, at any time and from time to time, mix or commingle uranium or other Subject Minerals from any AOI Property or land pooled therewith with like substances produced from other land for transporting, treating, Processing, and storing prior to or for the purpose of sale. Prior to such commingling, the uranium content or content of other Subject Minerals, where such are being processed for sale, of the raw ore or the amount thereof in solution, shall be assayed or otherwise determined by periodic sampling, using sound engineering principles and the volume of all solutions produced shall be determined by adequate metering devices. The uranium or other Subject Minerals attributable to any AOI Property where such commingling has occurred, for production royalty purposes, shall be a percentage of the total uranium or other subject minerals sold by Buyer (including the Stakeholder’s share from pooled land as determined in accordance with paragraph e. above), which percentage shall be determined by the relationship that the uranium content or other Subject Minerals content in production from any AOI Property multiplied by the volume thereof bears to the total uranium content or other Subject Minerals content in production from all lands multiplied by the total volume of the commingled production from all the lands for the applicable production period.

 

Exhibit O-4

 

 

g.           No Implied Covenants. Stakeholder and Buyer agree that there are no implied covenants or conditions whatsoever in this Exhibit O relating to the exploration, development, mining, or production of the Subject Minerals, or the times thereof. In addition, Buyer may, after commencement of production, in its sole discretion, temporarily decrease, shutdown, or cease production for any reason, so long as any payments due Stakeholder during that time are made.

 

Exhibit O-5