0001193125-17-218521.txt : 20170629 0001193125-17-218521.hdr.sgml : 20170629 20170629172410 ACCESSION NUMBER: 0001193125-17-218521 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170629 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170629 DATE AS OF CHANGE: 20170629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ramaco Resources, Inc. CENTRAL INDEX KEY: 0001687187 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38003 FILM NUMBER: 17939578 BUSINESS ADDRESS: STREET 1: 250 WEST MAIN STREET STREET 2: SUITE 210 CITY: LEXINGTON STATE: KY ZIP: 40507 BUSINESS PHONE: (859) 244-7455 MAIL ADDRESS: STREET 1: 250 WEST MAIN STREET STREET 2: SUITE 210 CITY: LEXINGTON STATE: KY ZIP: 40507 8-K 1 d420619d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 29, 2017

 

 

RAMACO RESOURCES, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   001-38003   38-4018838

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

250 West Main Street, Suite

1800

Lexington, Kentucky 40507

(Address of principal executive offices)

(Zip Code)

Registrant’s Telephone Number, including area code: (859) 244-7455

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

 

 

 


Item 7.01. Regulation FD Disclosure.

On June 29, 2017, Ramaco Resources, Inc. issued a press release announcing that the West Virginia Department of Environmental Protection issued the final reclamation and mine permit for its Low Volatile Berwind mine. The text of the press release is included as Exhibit 99.1 to this Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.

 

Item 9.01. Financial Statements and Exhibits.

(d)    Exhibits.

 

Exhibit
Number

  

Description

99.1    Press Release dated June 29, 2017

 

1


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

RAMACO RESOURCES, INC.
By:  

/s/ Randall W. Atkins

Name:   Randall W. Atkins
Title:   Executive Chairman

Date: June 29, 2017

 

 

2


EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Press Release dated June 29, 2017
EX-99.1 2 d420619dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

RAMACO RESOURCES, INC. ANNOUNCES ISSUANCE OF FINAL

MINING AND RECLAMATION PERMIT FOR

BERWIND MINE PROPERTY

(Lexington, Ky. June 29, 2017) Ramaco Resources, Inc. (NASDAQ symbol “METC”) announced today that the West Virginia Department of Environmental Protection issued the final reclamation and mine permit for its Low Volatile Berwind mine.

The Berwind coal reserve consists of 31,200 acres of controlled mineral located on the border of West Virginia and Virginia, in McDowell County, West Virginia and Buchanan and Tazewell Counties, Virginia. The Berwind coal reserve consists of approximately 72 million clean recoverable tons of proven and probable reserves.

Pre-production development work will be initiated on July 5, 2017 with initial development production anticipated to begin in the 4th quarter 2017. Ultimate production from the Berwind mine has been estimated at over 800,000 clean tons per year.

“Receipt of the Berwind permit represents an important milestone in Ramaco’s overall long term production roll-out and will be the second largest mine complex in our mining portfolio. We are pleased to continue to execute on our long term strategy on achieving critical milestones in the development of our mining portfolio” Randall Atkins, Executive Chairman of Ramaco Resources, Inc. stated.

Michael Bauersachs, Chief Executive Officer and President of Ramaco Resources, Inc. stated, “The very hard work over the past two years from all of our operating, permitting and technical teams is what made this permit possible. With this critical permit in hand, we are now poised to immediately commence developing the Berwind mine.”

Ramaco Resources, Inc. is a developer and operator of high quality, low cost metallurgical coal in central and southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia.


The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words. Ramaco Resources, Inc. undertakes no obligation to correct or update any forward-looking statement for any reason.