UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 1.01. Entry into a Material Definitive Agreement.
On November 7, 2025, Ramaco Resources Land Holdings, LLC (the “Purchaser”), an indirect subsidiary of Ramaco Resources, Inc. (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Coronado IV LLC and Buchanan Mining Company, LLC (the “Sellers”) pursuant to which Purchaser will purchase from Seller certain coal (including reserves) and related real property interests (including certain improvements, fixtures attached thereto, and appurtenances thereon) associated with the reserve area located partly in Russell, Buchanan, and Tazewell Counties, Virginia, as described in the Purchase Agreement. The aggregate purchase price under the Purchase Agreement is $15,000,000, payable in cash at closing, subject to customary adjustments as set forth in the Purchase Agreement.
The closing of the transaction contemplated by the Purchase Agreement is subject to customary closing conditions, including receipt of specified third-party consents. Closing is expected to occur in November 2025.
The Purchase Agreement contains representations, warranties, covenants, and indemnification provisions that are customary for transactions of this type. The Purchaser will assume certain specified liabilities related to the purchased assets expressly assumed pursuant to the Purchase Agreement and related assignments.
The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description | |
| 10.1* | Asset Purchase Agreement, dated as of November 7, 2025, by and among Ramaco Resources Land Holdings, LLC, Coronado IV LLC and Buchanan Mining Company, LLC | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |
| * | Certain annexes, schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Corporation agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request. |
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Ramaco Resources, Inc. | ||
| By: | /s/ Randall W. Atkins | ||
| Name: | Randall W. Atkins | ||
| Title: | Chairman and Chief Executive Officer | ||
Date: November 7, 2025
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