Ramaco acquires coal reserves in Virginia for $15M cash

Ramaco Resources, Inc.

Purchased coal reserves and real property in Russell, Buchanan, Tazewell counties, Virginia for $15M cash.
Acquisition expected to close in November 2025, subject to third-party consents and customary conditions.
Assets acquired from Coronado IV LLC and Buchanan Mining Company, LLC; purchased by Ramaco subsidiary.
Purchase Agreement includes customary representations, warranties, and indemnification provisions.

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