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Applied Minerals, Inc. – ‘10-Q’ for 9/30/22 – ‘EX-10.7’

On:  Wednesday, 11/30/22, at 8:53am ET   ·   For:  9/30/22   ·   Accession #:  1575872-22-1194   ·   File #:  0-31380

Previous ‘10-Q’:  ‘10-Q’ on 8/22/22 for 6/30/22   ·   Latest ‘10-Q’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/30/22  Applied Minerals, Inc.            10-Q        9/30/22   72:11M                                    DataTracks Svcs Ltd./FA

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   4.39M 
 2: EX-10.1     Material Contract                                   HTML     77K 
11: EX-10.10    Material Contract                                   HTML     73K 
 3: EX-10.2     Material Contract                                   HTML     73K 
 4: EX-10.3     Material Contract                                   HTML     74K 
 5: EX-10.4     Material Contract                                   HTML     65K 
 6: EX-10.5     Material Contract                                   HTML     31K 
 7: EX-10.6     Material Contract                                   HTML     35K 
 8: EX-10.7     Material Contract                                   HTML     22K 
 9: EX-10.8     Material Contract                                   HTML     22K 
10: EX-10.9     Material Contract                                   HTML    117K 
16: EX-95       Mine-Safety Disclosure                              HTML     20K 
12: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
13: EX-31.2     Certification -- §302 - SOA'02                      HTML     23K 
14: EX-32.1     Certification -- §906 - SOA'02                      HTML     19K 
15: EX-32.2     Certification -- §906 - SOA'02                      HTML     19K 
22: R1          Cover Page                                          HTML     66K 
23: R2          Consolidated Balance Sheets                         HTML    126K 
24: R3          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
25: R4          Consolidated Statements of Operations               HTML     86K 
26: R5          Consolidated Statements of Changes in               HTML    110K 
                Stockholders' Deficit                                            
27: R6          Consolidated Statements of Cash Flows               HTML    124K 
28: R7          Organization and Description of Business            HTML     58K 
29: R8          Going Concern and Basis of Presentation             HTML     25K 
30: R9          Basis of Reporting and Significant Accounting       HTML     75K 
                Policies                                                         
31: R10         Leases                                              HTML     93K 
32: R11         Deposits                                            HTML     43K 
33: R12         Notes Payable                                       HTML     80K 
34: R13         Convertible Debt                                    HTML    135K 
35: R14         Stockholders' Equity                                HTML     42K 
36: R15         Options and Warrants to Purchase Common Stock       HTML    268K 
37: R16         Per Share Data                                      HTML     25K 
38: R17         Subsequent Events                                   HTML     26K 
39: R18         Basis of Reporting and Significant Accounting       HTML     99K 
                Policies (Policies)                                              
40: R19         Basis of Reporting and Significant Accounting       HTML     38K 
                Policies (Tables)                                                
41: R20         Leases (Tables)                                     HTML     96K 
42: R21         Deposit (Tables)                                    HTML     42K 
43: R22         Notes Payable (Tables)                              HTML     74K 
44: R23         Convertible Debt (Tables)                           HTML    109K 
45: R24         Options and Warrants to Purchase Common Stock       HTML    262K 
                (Tables)                                                         
46: R25         Organization and Description of Business (Details   HTML     94K 
                Textual)                                                         
47: R26         Basis of Reporting and Significant Accounting       HTML     30K 
                Policies (Details)                                               
48: R27         Basis of Reporting and Significant Accounting       HTML     28K 
                Policies (Details Textual)                                       
49: R28         Leases (Details)                                    HTML     25K 
50: R29         Leases (Details 1)                                  HTML     35K 
51: R30         Leases (Details 2)                                  HTML     35K 
52: R31         Leases (Details Textual)                            HTML     23K 
53: R32         Deposits (Details)                                  HTML     25K 
54: R33         Notes Payable (Details)                             HTML     29K 
55: R34         Notes Payable - Summary of Note Payable (Details)   HTML     24K 
                (Parenthetical)                                                  
56: R35         Notes Payable (Details Textual)                     HTML     69K 
57: R36         Convertible Debt (Details)                          HTML     41K 
58: R37         Convertible Debt (Details 1)                        HTML     34K 
59: R38         Convertible Debt (Details Textual)                  HTML     96K 
60: R39         Stockholders' Equity (Details Textual)              HTML     89K 
61: R40         Options and Warrants to Purchase Common Stock       HTML     42K 
                (Details)                                                        
62: R41         Options and Warrants to Purchase Common Stock       HTML     41K 
                (Details 1)                                                      
63: R42         Options and Warrants to Purchase Common Stock       HTML     40K 
                (Details 3)                                                      
64: R43         Options and Warrants to Purchase Common Stock       HTML     51K 
                (Details 4)                                                      
65: R44         Options and Warrants to Purchase Common Stock       HTML     58K 
                (Details Textual)                                                
66: R45         Per Share Data (Details Textual)                    HTML     29K 
67: R46         Subsequent Events (Details Textual)                 HTML     43K 
70: XML         IDEA XML File -- Filing Summary                      XML    111K 
68: XML         XBRL Instance -- amnl-20220930_htm                   XML   1.90M 
69: EXCEL       IDEA Workbook of Financial Reports                  XLSX    116K 
18: EX-101.CAL  XBRL Calculations -- amnl-20220930_cal               XML    105K 
19: EX-101.DEF  XBRL Definitions -- amnl-20220930_def                XML    827K 
20: EX-101.LAB  XBRL Labels -- amnl-20220930_lab                     XML    989K 
21: EX-101.PRE  XBRL Presentations -- amnl-20220930_pre              XML    903K 
17: EX-101.SCH  XBRL Schema -- amnl-20220930                         XSD    161K 
71: JSON        XBRL Instance as JSON Data -- MetaLinks              348±   508K 
72: ZIP         XBRL Zipped Folder -- 0001575872-22-001194-xbrl      Zip    396K 


‘EX-10.7’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

Exhibit 10.7

 

FIRST AMENDEDMENT TO MINING OPERATIONS AGREEMENT

 

This First Amendment to Mining Operations Agreement is made and entered into as of the __ of July, 2022 by and between APPLIED MINERALS INC., a Delaware corporation, having its principal place of business at 1200 Silver City Road, PO Box 432, Eureka, Utah 84628 ("AMI"), and BMI MINERALS COMPANY ("BMC”), a Missouri corporation having its principal place of business at 16640 Chesterfield Grove Road, Suite 170, Chesterfield, MO 63005.

 

AMI and BMC may be referred to herein collectively as the "Parties" or individually as a "Party."

 

NOW, THEREFORE, in consideration of the amount paid to AMI by BMC as an Additional Deposit (as the term is defined in the Second Amendment to Iron Sale Agreement), and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

This First Amendment to Mining Operations Agreement amends the Mining Operations Agreement, entered into between the Parties on May 31, 2022.

 

AMI and BMC agree that the Mining Operations Agreement is amended as follows:

 

1.Section 8.12 is added as follows:

 

Section 8.12 Assignment The Mining Operations Agreement is assignable in whole or in part without the consent of AMI.

 

 C: 
   C: 1

 

 

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

 

APPLIED MINERALS, INC.   BMI MINERALS COMPANY  
           
By:     By:    
           
Name:     Name:    
           
Title:     Title:    

 

 C: 
  2

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/30/22
For Period end:9/30/22NT 10-Q
5/31/228-K
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Filing Submission 0001575872-22-001194   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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