Richard McKilligan
Mr. McKilligan will remain as Chief Financial Officer of Graphium Biosciences, Inc., a wholly-owned subsidiary of the Company (“Graphium”).
Highest-materiality recent filing
Range Impact forms 50/50 JV with C2 Ventures for AI infrastructure on 9,000-acre site
50/50 JV between Range Sky View Land (Range Impact subsidiary) and Time Complexity WV (C2 Ventures) for Fola mine redevelopment.
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 Impact reports Q1 2026: royalty income $915K, debt cut to $1.8M, equity $36.1M
Royalty income surged from $0 in Q1 2025 to $915,380 in Q1 2026.
Range Impact reports FY2025: revenue $3.7M, net income $19.2M vs loss $9.8M prior year
Revenue from continuing operations rose to $3.7M in 2025 vs $0 in 2024; net income of $19.2M vs loss of $9.8M.
Range Impact acquires KY mine complexes, sells AML services business
Acquired Premier Elkhorn (13K surface, 42.5K mineral acres) and Cambrian Coal (2.6K surface) in KY, assuming ~$54M in reclamation bonds.
Range Impact Q3 2025 revenue $778,767; cuts debt by $2.08M, raises $550K from insider
Revenue of $778,767: royalty revenue $569,947 and legacy AML services $208,820.
Range Impact Q2 gross profit $508K; sells non-core permits for $2M value; repays $722K YTD debt
Sold three non-core mining permits at Fola Mine Complex, reducing reclamation obligations by $1,244,560 and earning $800,000 advisory fee.
Acquired two mining permits and one coal lease from WV Reclaim Co, LLC, assuming $10.4M in reclamation obligations.
Range Impact acquires Fola Mine Complex (120K acres), records $51.6M land value
Acquired ~120,000 acres of real property interests at the Fola Mine Complex in West Virginia.
Acquired approx 120,000 acres of real property interests at Fola Mine Complex in WV for $2,958,516 via credit and assumed liabilities.
Range Impact restates Q1 2024 financials; net loss rises $462K due to invoice error
Audit Committee on Aug 7, 2024, concluded March 31, 2024 10-Q should no longer be relied upon.
Range Impact sells non-core assets to cancel $2.94M debt; exits AML business
On Aug 22, 2024, Collins Building sold mechanic shop, stone quarry, vehicles to Collins-owned entities in exchange for discharge of $2,940,836 in promissory notes.
Range Impact reports 2Q 2024 revenue $2.35M (-41% YoY), net loss of $1.23M vs profit in prior year
Consolidated revenue $2.35M down from $3.998M in 2Q 2023; gross profit margin -6.3% vs +21.1%.
Range Impact Q1 2024 revenue rises to $3.9M, net loss widens to $751K
Consolidated revenue $3,909,893 in Q1 2024, up 30% YoY from $3,014,887.
Range Impact promotes Patricia Missal to CFO, plans divestiture of Graphium subsidiary
Patricia Missal promoted from Controller to CFO, replacing Richard McKilligan, effective April 25, 2024.
Range Impact FY 2023 revenue $19.3M, net income $3.1M; guides Q1 2024 rev ~$3.5M
FY 2023 revenue $19.3M, up from $4.8M in FY 2022.
Range Impact closes $1.7M equity raise at $0.15/share led by strategic investors
Raised $1.7M by issuing 11,333,336 shares at $0.15 each; closed December 21, 2023.
Name changed from Malachite Innovations to Range Impact, Inc.; trading symbol changed from MLCT to RNGE effective Dec 14, 2023.
Malachite posts record Q3 revenue of $5.5M; net income $3.4M vs loss a year ago
Revenue $5.46M in Q3 2023 vs $1.55M Q3 2022, up 253%.
Malachite Innovations acquires Collins Building & Contracting for $5.035M in cash and seller notes
Total consideration $5.035M: $1M cash, $2M 5-year secured note at 7%, $2.035M 2-year secured note at 8.25%.
Malachite Innovations raises ~$1M via private placement of 6.67M shares at $0.15/share
Issued 6,666,667 shares of common stock at $0.15 per share in a private placement on August 24, 2023.
Revenue $3,998,267 in Q2 2023 vs $639,359 in Q2 2022 (+525%).
Malachite Innovations posts Q1 2023 revenue of $3.0M, achieves positive adjusted EBITDA $171K
Revenue of $3,014,887 in Q1 2023 vs $0 in Q1 2022; gross profit of $649,002 vs $0.
Range Environmental had 2021 revenue of $2.48M and net income $795K; 2020 revenue $1.86M, net income $69.6K.
Separation Agreement with Joshua Justice: terminated for cause, returned 5M shares, paid $250k.
Malachite settles dispute with Joshua Justice; recovers 5M shares, $250K cash
Joshua Justice returned 5,000,000 shares of MLCT common stock to the company.
Malachite raises $3.0M, acquires 80% of two environmental remediation firms
Closed $3.0M capital raise from Indemnity National and Tower IV; net proceeds ~$2.9M.
Malachite signs non-binding LOI to acquire 80% of Range Environmental for 10M shares + $1M cash
Consideration: 10M shares of MLCT common stock and $1M cash, with $250k holdback for six-month indemnification period.
U.S. Patent granted for 'Cannabinoid Glycoside Prodrugs and Methods of Synthesis' covering 18 distinct cannabinoid glycosides for treating IBD and IBS.
Vitality Biopharma changes name to Malachite Innovations, adopts dual-subsidiary strategy
Company renamed to Malachite Innovations; effective Oct 12, 2021 trading symbol changes from VBIO to MLCT.
Vitality Biopharma enters $5M equity line at 85% discount with warrants
Shares sold at 85% of lowest 5-day VWAP; warrants at 115% of same VWAP.
Vitality Biopharma receives FDA Orphan Drug Designation for VBX-100 for pediatric ulcerative colitis
FDA granted Orphan Drug Designation to VBX-100, a glycosylated cannabinoid prodrug, for pediatric ulcerative colitis.
Mr. McKilligan will remain as Chief Financial Officer of Graphium Biosciences, Inc., a wholly-owned subsidiary of the Company (“Graphium”).
On April 25, 2024, the Board of Directors of Range Impact, Inc. (the “Company”) elected Patricia Missal as Chief Financial Officer, replacing Richard McKilligan who had previously served as the Company’s Chief Financial Officer, Counsel and Secretary.
Dr. Brandon Zipp, who had served as the Company’s Chief Science Officer, will, effective April 25, 2024, serve exclusively as the Chief Science Officer of Graphium.
Max materiality 0.85 · Median 0.65 · Most common event other_material