Range Impact secures $10M stock investment from Tacora Capital; issues 6.26M shares for initial $1.75M

RANGE IMPACT, INC.

Tacora Capital commits to purchase $10M of common stock via monthly financings over 12 months; first closing of $1.75M for 6,256,704 shares on May 31.
Range Cumberland subsidiary provides $4M secured loan to Cumberland Coal Corp at 10% interest, due May 2031, for working capital.
Contingent obligation: Range Bluegrass may need to enter joint venture with Tacora on mineral reserves if $25M Contingent Performance Note has deficiency.

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