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Range Impact, Inc. is a leading company focusing on core impact investing strategies in the Appalachia region. They are dedicated to creating positive social and environmental change through their investments. With a strong commitment to sustainable development, Range Impact, Inc. is at the forefront of driving impactful change in the community.
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Range Impact, Inc. (RNGE) has changed its name and ticker symbol to better align with its impact investing strategy focused on acquiring, reclaiming, and repurposing mine sites and undervalued land in Appalachia. The company has launched an impact investing business to create shareholder value and optimize the present value of over $20 million of net operating losses. Range Impact's impact investing strategy has grown to include several operating businesses with over $15 million in aggregate revenues over the past 12 months. The company has also advanced its cannabinoid drug development program and announced plans to decouple its drug development business from its impact investing business.
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Malachite Innovations, Inc. (MLCT) announces a focus on its core impact investing strategy in Appalachia. The company has retained First Liberties Securities, Inc. to assist in the implementation of its strategic plan for its cannabinoid drug development business conducted by its wholly-owned subsidiary, Graphium Biosciences, Inc. The company has initiated a corporate restructuring plan to create two parallel pathways for shareholder value creation and optimize the present value of its more than $20 million of net operating losses. Malachite's impact investing strategy has grown from a concept with no revenue, assets, or employees into an early-stage venture with revenues of $15.1 million over the last 12 months, assets of $18.8 million, and more than 70 employees. The company is seeking to raise up to $4.0 million directly into Graphium to fund the advancement of its cannabinoid drug development program and for general working capital purposes.
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MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) reported record financial results for the quarter ended September 30, 2023, with sales of $5.4 million and Adjusted EBITDA of $2.0 million. The company continued its growth strategy by acquiring a reclamation company and purchasing 1,900 acres of former mine land for a renewable energy project. Financial highlights include significant increases in revenue, gross profit, operating income, net income, and adjusted EBITDA.
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Malachite Innovations, Inc. announces the launch of Catalyst Land Ventures, LLC and closes a $1.0 million capital raise. They purchase approximately 1,600 acres of former mine land in West Virginia.
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Malachite Innovations, Inc. completes acquisition of Collins Building & Contracting, Inc. for $5.035 million, expanding its environmental services business in West Virginia.
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Malachite Innovations, Inc. reports positive net income for the first time in its history. The company has achieved record sales and generated positive Adjusted EBITDA. Financial highlights include a significant increase in revenue, gross profit, and operating income.
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FAQ
What is the market cap of Range Impact (mlct)?
The market cap of Range Impact (mlct) is approximately 17.5M.
What is Range Impact, Inc. known for?
Range Impact, Inc. is known for its focus on core impact investing strategies in the Appalachia region, aiming to create positive social and environmental change.
What is the core mission of Range Impact, Inc.?
The core mission of Range Impact, Inc. is to drive impactful change in the community through sustainable development and responsible investing practices.
How does Range Impact, Inc. contribute to the community?
Range Impact, Inc. contributes to the community by investing in projects and initiatives that have a positive social and environmental impact, particularly in the Appalachia region.
What sets Range Impact, Inc. apart from other companies?
Range Impact, Inc. stands out for its dedication to impact investing, focusing on creating meaningful change in the community through sustainable development efforts.
What is the geographic focus of Range Impact, Inc.?
Range Impact, Inc. primarily focuses on the Appalachia region for its impact investing strategies, aiming to address social and environmental challenges in the area.
How can investors get involved with Range Impact, Inc.?
Investors interested in supporting impact investing and sustainable development can get involved with Range Impact, Inc. by exploring investment opportunities and partnerships.
What are the key values of Range Impact, Inc.?
Range Impact, Inc. values sustainability, social responsibility, and community impact, guiding their investment decisions and initiatives.
What recent achievements has Range Impact, Inc. celebrated?
Range Impact, Inc. has celebrated recent achievements in driving positive change through their impact investing strategies, contributing to the betterment of the Appalachia region.
How does Range Impact, Inc. measure the impact of its investments?
Range Impact, Inc. measures the impact of its investments through key performance indicators related to social, environmental, and financial outcomes, ensuring accountability and transparency.
What partnerships does Range Impact, Inc. have in place?
Range Impact, Inc. has established partnerships with various organizations, institutions, and stakeholders to collaborate on impactful projects and initiatives in the Appalachia region.
Range Impact, Inc.
OTC:MLCT
MLCT Rankings
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17.49M
64.94M
50.21%
0.09%
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