Welcome to our dedicated page for RANGE IMPACT news (Ticker: RNGE), a resource for investors and traders seeking the latest updates and insights on RANGE IMPACT stock.
Range Impact, Inc. reports developments tied to its public impact-investing and land ownership model focused on distressed coal mine properties in Appalachia. Company news centers on acquisitions of former mine complexes, reclamation and repurposing activity, coal leases, royalty opportunities, and updates related to owned land assets including the Fola Mine Complex, Premier Elkhorn Mine Complex, and Cambrian Coal Mine Complex.
Recurring updates also include annual and quarterly financial results, capital actions, and corporate portfolio changes. Range Impact has shifted away from third-party abandoned mine land reclamation services and toward owning, reclaiming, and repurposing mine sites for long-term land uses and recurring revenue streams.
Range Impact (OTC: RNGE) appointed West Virginia attorney and business advisor Michael Simon as a Strategic Advisor. Simon is a partner at Frankovitch Anetakis Simon Decapio & Pearl and has over 35 years of experience in complex business and real estate matters.
According to Range Impact, his background in real estate, corporate transactions, economic development, and public service is expected to support the company’s mission of acquiring, reclaiming and repurposing distressed coal mine properties and revitalizing disadvantaged coal communities across Appalachia.
Range Impact (OTC: RNGE) reported 1Q 2026 results for the quarter ended March 31, 2026.
Key highlights include coal royalty income rising from $0 to $915,380, cash operating expenses reduced to $510,661, $1,193,522 invested in mine reclamation, land investment increasing to $42,548,402, debt cut to $1,800,000, and stockholders’ equity rising to $36,110,889.
Range Impact (OTC: RNGE) reported full-year 2025 results and filed its 2025 Form 10-K on March 30, 2026. Key actions include acquisition of two large coal mine complexes, expanding owned mineral interests to over 150,000 acres and surface holdings to ~30,000 acres.
Financial highlights show revenue from continuing operations of $3.7 million (2025 vs $0 in 2024), net income of $19.2 million (vs a $9.8 million loss in 2024, including bargain purchase gains), total assets of $123.2 million, shareholders’ equity of $37.8 million, and estimated future reclamation obligations of $79.3 million.
Range Impact (OTCQB: RNGE) announced on Jan 7, 2026 the Dec 31, 2025 acquisitions of the Premier Elkhorn Mine Complex (≈13,000 surface acres; 42,500 mineral interest acres; 34 permits; $44 million reclamation bonds) and the Cambrian Coal Mine Complex (≈2,600 surface acres; 9 permits; $10 million reclamation bonds) via new subsidiary Range Bluegrass.
Range Bluegrass granted an option over ~1,500 Premier Elkhorn surface acres to MRR CNG for $500,000 and received $500,000 from Wicks Building for a convertable 50% cash-distribution right. The company received a $1.0 million initial consulting fee and is scheduled to receive $2.0 million in each of 2026 and 2027. Range also sold Collins Building & Contracting, completing its exit from third-party reclamation services.
Range Impact (OTCQB: RNGE) reported third-quarter results for the period ended September 30, 2025, filing its Form 10-Q on November 14, 2025. The company generated $778,767 in revenue, consisting of $569,947 in royalty revenues and $208,820 from legacy abandoned mine land services. After adding back non-cash accretion expense, gross profit was $528,184. During the quarter Range Impact consolidated two lines of credit into a single promissory note to improve near-term cash flow, returned underutilized equipment and reduced third-party equipment debt by $2,082,277, and raised $550,000 of equity from its chairman/CEO and largest shareholder to bolster liquidity. Management emphasized focus on debt reduction, lower operating leverage and growing recurring revenue while advancing reclamation at the Fola Mine Complex across more than 13,000 acres.
Range Impact (OTCQB: RNGE) has successfully closed a $550,000 capital raise through the sale of 3,666,667 common shares at $0.15 per share. The investment came from three key stakeholders: $350,000 from Tower IV, LLC (led by largest shareholder Joseph E. LoConti), $100,000 from Chairman Edward Feighan, and $100,000 from CEO Michael Cavanaugh.
The capital injection demonstrates leadership's confidence in Range Impact's strategy of acquiring, reclaiming, and repurposing mine sites in Appalachia, aiming to create value for shareholders, strategic partners, and local communities.
Range Impact (OTCQB: RNGE) reported strong Q2 2025 financial results, highlighting significant progress in its mine reclamation strategy. The company achieved a notable gross profit of $508,322, representing substantial increases of $504,471 from Q1 2025 and $657,251 from Q2 2024.
Key achievements include the sale of three non-core mining permits at the Fola Mine Complex, reducing reclamation obligations by $1.24 million and generating an $800,000 advisory fee. The company acquired two additional mining permits and secured new coal royalty agreements. Range Impact also reduced its debt by $355,653 in Q2, bringing the year-to-date debt reduction to $722,143.
The company continues to advance its solar project development at the Fola Mine Complex, which is expected to generate lease revenue for a minimum of 25 years.
Range Impact (OTCQB: RNGE) has expanded its presence at the Fola Mine Complex in West Virginia through the acquisition of two mining permits and two coal leases. The newly acquired permits carry an estimated $10.4 million reclamation obligation.
The Company closed two strategic transactions: On June 30, 2025, RNGE acquired two permits and a surface coal lease from WV Reclaim Co, while on July 1, 2025, it secured an underground coal mining lease from a large public mining company for metallurgical Eagle seam coal. Both leases are expected to generate royalty income based on coal production.
This expansion follows RNGE's March 2025 acquisition of 15 mining permits at the same complex, with the company already reducing its permit responsibilities by 10% within 90 days of the initial acquisition.
Range Impact (OTCQB: RNGE) has announced the acquisition of the Fola Mine Complex in central West Virginia, marking its largest acquisition to date. The deal includes approximately 120,000 acres of real property interests, comprising 13,000 acres of surface land and 107,000 acres of mineral interest.
The acquisition includes 15 mining permits with a $29.3 million reclamation obligation and management responsibility for 21 additional permits. The company secured two coal royalty contracts with active mining companies and acquired rights to a 25-year solar lease for a 200+ MWh solar project spanning over 1,000 acres.
This acquisition represents Range Impact's strategic shift from a service-based to a land ownership business model. The company now controls two major former coal mine sites in Appalachia - the Fola Mine Complex and 2,000 acres at the Hobet Mine Complex - positioning itself for environmental rehabilitation and business development initiatives in the region.