<SEC-DOCUMENT>0000788965-17-000025.txt : 20170609
<SEC-HEADER>0000788965-17-000025.hdr.sgml : 20170609
<ACCEPTANCE-DATETIME>20170609164924
ACCESSION NUMBER:		0000788965-17-000025
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170606
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20170609
DATE AS OF CHANGE:		20170609

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HALLADOR ENERGY CO
		CENTRAL INDEX KEY:			0000788965
		STANDARD INDUSTRIAL CLASSIFICATION:	BITUMINOUS COAL & LIGNITE MINING [1220]
		IRS NUMBER:				841014610
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34743
		FILM NUMBER:		17903547

	BUSINESS ADDRESS:	
		STREET 1:		1660 LINCOLN ST STE 2700
		CITY:			DENVER
		STATE:			CO
		ZIP:			80264
		BUSINESS PHONE:		3038395505

	MAIL ADDRESS:	
		STREET 1:		1660 LINCOLN STREET
		STREET 2:		SUITE 2700
		CITY:			DENVER
		STATE:			CO
		ZIP:			80264

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HALLADOR PETROLEUM CO
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KIMBARK OIL & GAS CO /CO/
		DATE OF NAME CHANGE:	19900102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KIMBARK INC
		DATE OF NAME CHANGE:	19860624
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>hnrg-20170606x8k.htm
<DESCRIPTION>8-K
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.7.0.4-->
<!--Created on: 6/9/2017 2:45:34 PM-->
<html>
	<head>
		<title>
			hnrg-8k06062017
		</title>
	</head>
	<body><div style="margin-left:36pt;margin-right:36pt;">
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<a name="_GoBack"></a><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font><a name="_Hlk483553587"></a>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">UNITED STATES</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Washington, D.C. 20549</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">________________</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">FORM 8-K</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">CURRENT REPORT</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Pursuant to Section 13 or 15(d) of the</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Securities Exchange Act of 1934</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Date of report (Date of </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">earliest event reported): </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">June </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">9</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">, 2017</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;"> &nbsp;(</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">June </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">6, 2017</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">)</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;"><img src="hnrg-20170606x8kg001.jpg" style="width: 0.8083333in; height: 0.5364206in" alt="logo-sunrise.jpg"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;"><img src="hnrg-20170606x8kg002.jpg" style="width: 0.7083333in; height: 0.6946063in" alt="hlogo.jpg"></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">HALLADOR ENERGY COMPANY</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">(Exact name of registrant as specified in its charter)</font><font style="display: inline;font-family:Arial;font-size:10pt;"> &nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:40.70%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:17.62%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:41.68%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:40.70%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Colorado</font></p>
				</td>
				<td valign="top" style="width:17.62%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">001-3473</font></p>
				</td>
				<td valign="top" style="width:41.68%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">84-1014610</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:40.70%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">(State or Other Jurisdiction</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">of Incorporation)</font></p>
				</td>
				<td valign="top" style="width:17.62%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">(Commission</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">File Number)</font></p>
				</td>
				<td valign="top" style="width:41.68%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">(IRS Employer</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Identification No.)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&nbsp;&nbsp;</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:48.08%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">1660 Lincoln Street, Suite 2700, Denver, Colorado</font></p>
				</td>
				<td valign="top" style="width:11.54%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:40.38%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">80264-2701</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:48.08%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">(Address of principal executive offices)</font></p>
				</td>
				<td valign="top" style="width:11.54%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:40.38%;height:12.25pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">(Zip Code)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Registrant&#x2019;s telephone number, including area code: 303-839-5504 </font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:03.84%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:96.16%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:115%;font-family:Calibri;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:03.84%;height:3.50pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:96.16%;height:3.50pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:03.84%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:96.16%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:03.84%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:96.16%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:03.84%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="bottom" style="width:96.16%;height:14.40pt;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter). </font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Emerging growth company </font><font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &nbsp;</font><font style="display: inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;;font-size: 10pt"><font style="display: inline;font-family:Arial;font-size:10pt;"></font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">On June 6, 2017, in preparation of the current Four Year Compensation Plan expiring in 2017, our Compensation Committee approved a new Four Year Compensation Plan (&#x201C;the Plan&#x201D;) for three of our executives; Brent K. Bilsland, our President and CEO; Lawrence D. Martin, our CFO; and Victor P. Stabio; our Chairman.&nbsp;&nbsp;The Plan awards restricted stock units (RSUs) and sets annual base salaries for 2018-2021.&nbsp; </font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Granting of RSUs</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">The Compensation Committee approved 275,000 RSUs to Brent K. Bilsland, our President and CEO; 150,000 RSUs to Lawrence D. Martin, our CFO; and 220,000 RSUs to Victor P. Stabio, our Chairman.&nbsp;&nbsp;Beginning December 16, 2018, these RSUs will vest/lapse 25% each year an annual basis through December 16, 2021, or otherwise by the terms of the RSU Plan and the applicable award agreements.&nbsp;&nbsp;The shares will fully vest/lapse no later than December 16, 2021.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">A form of our RSU Agreement was previously filed with our Amended and Resta</font><font style="display: inline;font-family:Arial;font-size:10pt;">ted 2008 Restricted Stock Unit Plan</font><font style="display: inline;font-family:Arial;font-size:10pt;"> that was filed as an exhibit to our 2017 Proxy Statement on April 12, 2017.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Four Year Plan Annual Base Salaries for 2018-2021</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">New annual salaries effective January 1, 2018, as set forth below:</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;line-height:100%;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Mr. Bilsland&#x2019;s salary shall be $385,000 per year, plus 6 weeks of base salary to be paid in December of each year through 2021.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;line-height:100%;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Mr. Martin&#x2019;s salary shall be $231,000 per year, plus 4 weeks of base salary to be paid in December of each year through 2021.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:18pt;"><p style="width:18pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;">
			<p style="line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
				<font style="margin:0pt;font-family:Symbol;line-height:100%;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> &#xB7;</font>
			</p>
		</td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt;margin:0pt;">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Mr. Stabio&#x2019;s salary shall be $225,000 per year, plus 4 weeks of base salary to be paid in December of each year through 2021.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;border-top:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">The Plan includes certain provisions for accelerated vesting and/or forfeitures for death, retirement, disability, termination, and change of control.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Our Compensation Committee consists of Messrs. David Hardie, Steven Hardie, Bryan Lawrence and Sheldon Lubar. &nbsp;These four gentlemen control 41% of our common stock.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">SIGNATURES</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="middle" style="width:45.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:44.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:45.84%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:00.86%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:03.84%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:02.84%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:00.86%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:44.86%;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Date:&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">June 9</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">, 2017</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">By:</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;border-bottom:1pt solid #000000 ;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">/</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">s/ Lawrence D. Martin</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Lawrence D. Martin</font></p>
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">CFO and Corporate Secretary</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:auto;padding:0pt;">
					<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:5pt 0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:right;line-height:100%;font-family:Calibri;font-size: 11pt">

			<font style="display: inline;font-family:Arial;"></font><font style="display: inline;font-family:Arial;">2</font><font style="display: inline;font-family:Arial;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr>
	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>hnrg-20170606x8kg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hnrg-20170606x8kg001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!F17AI9@  34T *@    @ ! $:  4
M   !    /@$;  4    !    1@$H  ,    !  (   $Q  (    0    3@
M      !@     0   &     !4&%I;G0N3D54('8U+C P /_; $,  @$! 0$!
M @$! 0(" @("! ," @("!00$ P0&!08&!@4&!@8'"0@&!PD'!@8("P@)"@H*
M"@H&" L,"PH,"0H*"O_; $,! @(" @("!0,#!0H'!@<*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"O_  !$( $0
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MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@ , P$
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MI>F_$6VL;R5<0Z?JD/V>4?\ ?W]W7G8+ACA*I6_X3\QJ4ZG^/_\ 8/1Q.?\
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MV,G^L_7]?,K8_P""C'PBO?&GPBC^*GA6'R]?\"7G]HV<T1_>?9O^6H_]J_\
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<@ HHHH **** # ]*, =!110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>hnrg-20170606x8kg002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 hnrg-20170606x8kg002.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_X0!F17AI9@  34T *@    @ ! $:  4
M   !    /@$;  4    !    1@$H  ,    !  (   $Q  (    0    3@
M      #(     0   ,@    !4&%I;G0N3D54('8U+C P /_B A!)0T-?4%)/
M1DE,10 ! 0   @!A<'!L @   &UN=')21T(@6%E:( ?6  $ "0 / "$ )6%C
M<W!-4T94     $Y/3D4                       #VU0 !     -,L
M
M    "F1E<V,   #\    ,')865H   $L    %&=865H   %     %&)865H
M  %4    %')44D,   %H    #F=44D,   %X    #F)44D,   &(    #G=T
M<'0   &8    %&-P<G0   &L    0&-A;'0   'L    %&1E<V,
M$%9!.3 S(%-%4DE%4P                               %A96B
M  !QNP  -S,   .\6%E:(        &**  "QBP  %DM865H@        (I
M !=   "Y)&-U<G8          0(S  !C=7)V          $",P  8W5R=@
M       ! C,  %A96B        #I:0 !     0>'=&5X=     !#;W!Y<FEG
M:'0@J2 R,# V(%9I97=3;VYI8R!#;W)P;W)A=&EO;@
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M *\V_P#0EKU[2_\ @I'^U1H&GPZ+HW[2OQ-M;2TA6&VMK;Q[?)'$B#:JJJS
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MG%?,<0_?JR<GV5]DO)*R7DC^1"BBBOZL/R(Z3X6_\C%+_P!>;?\ H2U_1O\
M\$LOV6/"/[+_ .R9X>BTE8KC6O%>GV^L^(=22/#3331AUC!(!\N-6VJ#WW-P
M6(K^;OP1KL'A_74N[I?W4BF.5O[H)'/OR!7]&?\ P2H_;+^&_P"T[^S)X?\
M#VCZU GB?PGH=KIWB'2'=5D4Q1B-+E%_BBD"@AAT.5/(Y_!_$'"5:?$WMYQ]
MV<(J+Z-J]UZK1G[[E.95\5X/TL#A)W5+$3E7BMTI*/LI2_N-\ROMS66]CZFK
MPC_@IQ_RCQ^-'_9.-6_])GKW<=*\(_X*<?\ */+XT?\ 9.-6_P#29Z^9P/\
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M^_$O_P 71179_:>9?\_Y_P#@4O\ ,S6'P]O@7W(0_P#!(K_@FM_T9[X1_P#
M>7_XNM[PC_P3[_9 ^%-O?I\*_@KI_AN34]*N=.NY]&GFB9[>:)XW0C>5888X
MW X.",$ T45$\7BL0TJM24K/2[;M]YTT)2PT)JB^525G;2Z[.VZ\F?CQ^R9X
M0D_:[_:)^+'P<^*WBW6(M/@U"/4-5OM&NEMKO6;W3Y[BRM+BYDVD!D@NKA2L
A*Q1N9-S(S*I4HHK]&S.<Z6*Y8-I66VGE^1\?3U3]3__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
