Malachite raises $3.0M, acquires 80% of two environmental remediation firms

RANGE IMPACT, INC.

Closed $3.0M capital raise from Indemnity National and Tower IV; net proceeds ~$2.9M.
$1.0M used for cash consideration in acquisition; $2.0M for general corporate purposes.
Acquired 80% of Range Environmental Resources and Range Natural Resources via Daedalus subsidiary.
Issued 5M shares to each of Jeremy Starks and Joshua Justice, plus $500k each, for the shares.
Range Environmental focuses on coal mine reclamation and stream remediation; Range Natural will extract incidental resources.

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