Alliance Resource Partners acquires coal reserves for $15.5M from entities controlled by CEO and director

ALLIANCE RESOURCE PARTNERS LP

Total purchase price $15.5M for coal reserves and surface rights in Ohio County, WV and Washington County, PA.
KSC Foundation (controlled by Kathleen Craft Mowry, ~13% owner) paid $7.75M lump sum at closing.
JWC Foundation (controlled by CEO Joseph W. Craft III) paid $1.85M at closing; balance at 5% interest in annual installments through Jan 2032.
Buyer has right (or upon demand) to prepay JWC Foundation installments without penalty.
Transaction approved unanimously by Conflicts Committee of independent directors.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ALLIANCE RESOURCE PARTNERS LP entered into Purchase and Sale Agreement with The Kathleen S. Craft Foundation valued at $7.75 million purchase price; aggregate $15.5 million (effective 2026-01-29).

Action: entry
Agreement: asset purchase
Counterparty: The Kathleen S. Craft Foundation
Value: $7.75 million purchase price; aggregate $15.5 million
Effective: 2026-01-29

Exact text from the filing

On January 29, 2026, Alliance Resource Properties, LLC (“ Buyer ”), an indirect, wholly-owned subsidiary of Alliance Resource Partners, L.P. (“ ARLP ”), entered into separate purchase and sale agreements (each, a “ PSA ” and, collectively, the “ PSAs ”) with, respectively, The Joseph W. Craft III Foundation (the “ JWC Foundation ”) and The Kathleen S. Craft Foundation (the “ KSC Foundation ” and, together with the JWC Foundation, the “ Sellers ”)

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ALLIANCE RESOURCE PARTNERS LP entered into Purchase and Sale Agreement with The Joseph W. Craft III Foundation valued at $7.75 million purchase price; aggregate $15.5 million (effective 2026-01-29).

Action: entry
Agreement: asset purchase
Counterparty: The Joseph W. Craft III Foundation
Value: $7.75 million purchase price; aggregate $15.5 million
Effective: 2026-01-29

Exact text from the filing

On January 29, 2026, Alliance Resource Properties, LLC (“ Buyer ”), an indirect, wholly-owned subsidiary of Alliance Resource Partners, L.P. (“ ARLP ”), entered into separate purchase and sale agreements (each, a “ PSA ” and, collectively, the “ PSAs ”) with, respectively, The Joseph W. Craft III Foundation (the “ JWC Foundation ”) and The Kathleen S. Craft Foundation (the “ KSC Foundation ” and, together with the JWC Foundation, the “ Sellers ”)

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121 material agreements filed in the last 30 days. Browse all material agreements →

ALLIANCE RESOURCE PARTNERS LP filing history →

Source: SEC EDGAR

accession 0001104659-26-010337

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