RANGE IMPACT, INC. (RNGE): M&A transaction — Range Impact acquires KY mine complexes, sells AML services business

Range Bluegrass is contingently liable to fully indemnify and reimburse Continental Insurance for any losses, costs, expenses or fees in connection with the approximately $54 million of reclamation bonds issued by Continental Insurance

to Continental Land, the sole consideration being Range Bluegrass’ agreement to assume responsibility for the oversight, management and release of the forty-three (43) mining permits owned by Reckoning Reclamation, LLC (“Reckoning”) associated with the Premier-Cambrian Property and the mines located thereon, including responsibility for paying

On December 31, 2025, pursuant to the Collins Sale Agreement, Range Reclaim LLC, a wholly-owned subsidiary of the Company, disposed of all of the shares of common stock of Collins Building to Collins Reclamation.

On December 31, 2025, Range Reclaim, LLC (“Range Reclaim”), a wholly-owned direct subsidiary of Range Impact, Inc. (the “Company”), and Range Environmental Resources, Inc., a wholly-owned indirect subsidiary of the Company, entered into a Stock Purchase Agreement (the “Collins Sale Agreement”) with Collins Reclamation, LLC (“Collins Reclamation”), an unaffiliated entity, pursuant to which Range Reclaim agreed to sell all of the outstanding shares of common stock of Collins Building & Contracting, Inc., a wholly-owned indirect subsidiary of the Company (“Collins Building”), to Collins Reclamation

On December 31, 2025, Range Bluegrass and MRR CNG, LLC, a Connecticut limited liability company engaged in the business of waste sorting and recycling for residential and commercial customers throughout the eastern United States (“MRR”), entered into an Option Agreement (“MRR Option Agreement”) pursuant to which Range Bluegrass, subject to the satisfaction of certain conditions set forth in the Option Agreement and in consideration of the payment of $500,000 (the “Option Fee”), granted MRR an option to purchase approximately 1,500 acres of the land purchased by Range Bluegrass (the “MRR Option”) pursuant to the Bluegrass PSA described above in this Item 1.01 (the “Option Property”).

On December 31, 2025, Range Bluegrass Land, LLC, a newly-formed wholly-owned indirect subsidiary of the Company (“Range Bluegrass”), entered into a Purchase and Sale Agreement (the “Bluegrass PSA”) with Continental Land Co., LLC (“Continental Land”) for the purchase of the real and personal property commonly associated with the previous Premier Elkorn and Cambrian Coal mining operations in Eastern Kentucky (the “Premier-Cambrian Property”).

on December 31, 2025, Range Bluegrass also entered into a Joinder to General Indemnity Agreement (“GIA Joinder”) by and among Range Bluegrass, Reckoning Reclamation, and Continental Heritage Insurance Company (“Continental Insurance”), the latter of which issued the surety bonds with respect to the permits associated with the mines on the Premier-Cambrian Property (the “Reckoning Permits”), pursuant to which Range Bluegrass pledged the real and personal property associated with the Premier-Cambrian Property as collateral in support of the approximately $54 million in bonds issued by Continental Insurance for the Reckoning Permits.