The Biden administration acted to protect nearly 220,000 acres in the Thompson Divide region, including acreage in Garfield, Pitkin and Gunnison counties, from future oil and gas leasing and other ...

d) grant to the Optionor a 2.0% net smelter returns royalty (the “NSR”) on the Property with an option for Loyalist to re-purchase 50% of the NSR (i.e 1.0% of the 2.0% NSR) at any time at a price of ...