| NOTICE OF PUBLIC FORECLOSURE SALE|
By virtue of the default by GreenFields Coal Company, LLC ("GreenFields") under the Loan and Security Agreement dated July 27, 2011, and amended by that First Amendment to Loan and Security Agreement dated February 27, 2012 (collectively, the "Security Agreement") each made and executed by GreenFields, as Borrower and Debtor, and Alpha Natural Resources, LLC ("Alpha"), as Lender and Secured Party, Alpha will sell all of Greenfields' right, title, and interest in and to the collateral described below ("Collateral") to the highest qualified bidder at public auction, held Date/Time: Tuesday, December 9, 2014, 11:00 A.M.
Place: 208 Business Street, Beckley, WV 25801
The Collateral offered for sale at the public auction is expected to include the following, all located at the Pageton Plant, McDowell County, WV:
Structural additions to upgrade the Pageton Plant.
20 Krebs Classifying Cyclones, D10LB-10.5-T117
3 Pump Reagent Systems with Remote Capability
3 Spencer Blowers (25K Power Mizer Blower 9 Stage) (SN:815028 A12, 815027 A12, 815029 A12)
2 Chemical Tanks (6,000 Gal. Cap.)
6'x16' Tabor Single Deck Horizontal Screen (SN: 4957, Complete Operational Unit)
3 Eriez StackCell (10'D, 6.5'H, VFD, Wash Water Pans)
36"x72" Decanter Screen Bowl (SN: 18878-01)
Chemical Tanks (Floc. 2,500 Gal. Cap.)
De-Aeration Tank (Screen Bowl Feed)
30" Radial Stackers <100' Length
30" Plant Feed Belt Structure <200' Length
8' Diameter Sump
12' Diameter Sumps
14' Diameter Sump
EnviroClear Thickener & Drive
2 Fresh Water Tanks
1 Motor Control Center, MCC #3, Eaton, 800A, 480V, 3ph, SLV0296710 IT. 001-FVC (3 sections), Freedom series 2100
3 Variable Frequency Drives, ABB, 75HP, 96A, ACS550-U1-097A-4+B055
1 Lighting Transformer, dry type, Eaton, 25kVA, 240 x 480 - 120/240, T20P11S25EE
1 Lighting Panelboard, Eaton, 200A, 30 Circuit
1 PLC Enclosure, AB, PLC5, Integrator: JC Electric, 32 Discrete inputs, 16 Discrete outputs, 16 analog inputs, 4 analog outputs
1 Motor Control Center, MCC #1, Cutler Hammer, 1600A 480V, 3ph, HCR51971 IT. 001-HRC (9 sections), Freedom series 2100
1 PLC Enclosure, AB, Main PLC, PLC5/30, 112 Discrete inputs, 48 Discrete outputs, 32 analog inputs, 8 analog outputs
2 Softstart starter enclosures, Hoffman type, for screenbowls
2 Belt Scale Integrators
6 Level transmitters, Foxboro, Differential pressure, 4-20mA, Sump levels
4 Electric actuators, Beck, Proportional, 4-20mA, Stackcell level controllers and miscell.
4 4" electric valves, Proportional, 4-20mA, Makeup water valves for sumps
1 6" electric valve, Proportional, 4-20mA, Clarified Water makeup valve
3 Flow meters, Endress + Hauser, Promag D, Stackcell water flow
3 Level transmitters, Endress + Hauser, Hydrostatic level measurement, Stackcell levels
4 Knifegate valves, air actuated, for feed and bypass at screenbowls
4 Electric valves, electric, on/off type valves, for purge and cooling water at screenbowls
3 667kva, 1ph transformers, 3 x 667 = 2000 kva,
High Voltage Oil Switch
TERMS: The plant structure will be auctioned separately from the equipment. The equipment will be auctioned both individually and as one lot. If the bid for the lot of equipment exceeds the aggregate of bids received for equipment individually, the equipment will be sold as a lot. Alpha reserves the right to remove individual items of equipment from the auction at its sole discretion.
The entire purchase price shall be payable by cashier's check or wire transfer on the date of the sale. Bidders must be financially pre-qualified. Alpha reserves the right to reject all bids if said bids are inadequate. Purchaser shall arrange for prompt removal and transportation of Collateral purchased.
The Collateral will be sold AS IS, WHERE IS AND WITHOUT WARRANTY, EITHER EXPRESSED OR IMPLIED, OF EITHER MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. The Collateral will be sold subject to all prior liens, security interests, encumbrances, unpaid taxes, or assessments.
Alpha, as the owner and holder of the indebtedness secured by the above described Security Agreement, and the owner of any other interest in any of the property to be sold shall have the right to bid. Alpha reserves the right to continue the sale or to adjourn the sale for a time or from time to time without further notice other than oral public announcement at the time and the place of sale as hereinabove set forth or at any continuance or adjournment thereof.
CONTACT: To inspect Collateral, pre-qualify to bid, or obtain other information about the sale, contact Jonathan Jordan, Manager - Strategy & Business Development, (276) 285-2137, firstname.lastname@example.org.