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Pursuant to Section 1503(a) of the Dodd–Frank Act, issuers that are operators, or that have a subsidiary that
is an operator, of a coal or other mine in the United States are required to disclose in their periodic reports filed with
the SEC information regarding specified health and safety violations, orders and citations, related assessments and
legal actions, and mining-related fatalities from the Federal Mine Safety and Health Administration (“MSHA”)
under the Federal Mine Safety and Health Act of 1977 (the “Mine Act”). During the year ended December 31,
2015, the Company did not have any projects that were in production and as such, was not subject to regulation by
MSHA under the Mine Act.