Recent Updates — RNGE
On September 30, 2026, Range Impact issued a combined 1,308,868 shares of common stock to MRR CNG LLC and Wicks Building LLC. The company received $500,000 from each party, totaling $1 million in proceeds. These funds were applied as consideration for terminating prior option agreements related to approximately 1,500 acres of property in Eastern Kentucky and membership interests in a subsidiary. Shares were issued at $0.764 per share based on the September volume-weighted average price. The securities were sold under an exemption from registration. Range Impact operates in the energy sector, focusing on natural gas development.
On August 17, 2026, Range Impact, Inc. entered into a Master Services Agreement with Vetted Consultant LLC d/b/a Vetted Portal to design and deploy a custom AI agent platform for permit compliance and reclamation monitoring. The agreement carries aggregate gross fees of $626,000 and net payments of $576,000 after applying a $10,000 credit per milestone across five phases, with completion targeted within six months. In connection with the deal, Range Impact issued Vetted Portal a warrant to purchase 500,000 shares at an exercise price of $0.76, vesting upon completion of the fifth milestone and expiring in five years. The company operates in the environmental technology and natural resource management sector.
Range Impact, Inc. reported financial results for the second quarter ended June 30, 2026. The company earned royalty income of $1,109,661 in Q2 and $2,025,041 during the first half of 2026. Cash operating expenses were $526,743 in Q2 and $991,548 for the first half. The company invested $2,376,460 into mine site reclamation activities during the first six months of 2026. It raised new equity capital of $1,942,500 and reduced debt outstanding by $200,000 to $1,600,000. Total stockholders' equity stood at $36,894,559 as of June 30, 2026. Range Impact operates in the environmental remediation and land redevelopment industry, acquiring and reclaiming legacy coal mines in Appalachia to unlock land value for future commercial use.
Range Impact, Inc. entered into an agreement for Tacora Capital, LP to purchase up to $10 million of common stock, issuing 6,256,704 shares on May 31, 2026. A subsidiary provided a $4 million loan to Cumberland Coal Corp. and entered into a letter agreement with Tacora Capital to pursue a joint venture for mineral reserve monetization. The company also entered into a subordination agreement and a contingent obligation related to a $25 million senior note held by Tacora Capital.