Ramaco Resources Announces Passing of General Counsel Forrest Jones

Rhea-AI Summary

Ramaco Resources (NASDAQ:METC) announced the unexpected passing of its General Counsel and former Board member, E. Forrest Jones Jr. The company is mourning the loss of a highly respected legal leader and trusted advisor.

Ramaco highlighted his decades-long service to the coal industry and his key role in its governance and growth.

News Market Reaction – METC

+0.64%

1 alert

+0.64% Session close to close

$818.60M Market Cap

0.2x Rel. Volume

In the Jun 25 session, METC gained 0.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reflects a governance transition after the unexpected passing of a long‑tenured Ge...

Analysis

This announcement reflects a governance transition after the unexpected passing of a long‑tenured General Counsel. With recent news often followed by single‑day declines and elevated short interest, investors may watch succession steps and board oversight signals closely.

Historical Context

5 past events · Latest: Jun 22 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 22	Conference participation	Neutral	-5.2%	Announcement of participation in Northland Growth Conference with investor meetings.
Jun 15	Dividend details	Neutral	-3.9%	Final ratio announcement for previously declared Class B stock dividend.
Jun 09	Investor conference	Neutral	-3.5%	CFO speaking on steel and met coal market conditions at StoneX summit.
May 29	Media appearance	Neutral	-6.4%	CEO CNBC appearance discussing coal, critical minerals and energy markets.
May 28	Strategic MOU	Neutral	-6.4%	Non-binding MOU with REalloys on rare earth and magnet supply chains.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Over the past month, METC shares have consistently declined in the session following company news and events.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LEXINGTON, Ky., June 25, 2026 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") announces with profound sadness the passing of its General Counsel and former Board member, E. Forrest Jones, Jr. His passing was unexpected, and the entire Ramaco organization is deeply mourning the loss of a treasured colleague, trusted advisor, and dear friend.

Mr. Jones served the coal industry with distinction for nearly half a century and was widely regarded as one of its most respected and insightful legal minds. During his time with Ramaco, he played an integral role in the company's growth and governance—first as independent counsel, then as a member of the Board of Directors, and ultimately as General Counsel.

His dedication, wisdom, and unwavering commitment to excellence left a lasting impact on the company and all who had the privilege of working with him.

"Forrest was more than our General Counsel—he was a trusted friend, an insightful and remarkable advisor, as well as a cornerstone of our organization," said Randall W. Atkins, Chairman and Chief Executive Officer of Ramaco Resources. "His intellect, integrity, and wit set a standard that will continue to guide us for years to come. We are profoundly grateful for his contributions and will deeply miss his presence."

Ramaco expresses its deepest sympathies and condolences to Mr. Jones's wife, Beverly, and their family.

The company will honor Mr. Jones's legacy in the days ahead as colleagues and friends reflect on a life defined by service, integrity, and purpose.

ABOUT RAMACO RESOURCES

Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and exploring a coal, rare earth and other critical minerals project in Wyoming. The Company's executive offices are located in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth element and other critical mineral exploration stage property near Sheridan, Wyoming (the "Brook Mine"). The Brook Mine remains an exploration stage property, and no assurance can be given that it will be successfully developed into a commercial scale mine or that any inferred mineral resources estimated will be converted into higher confidence mineral resources or eventually mineral reserves. Contiguous to the Brook Mine, the Company operates a carbon research facility related to the potential production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of more than 70 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks.

News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at https://www.ramacoresources.com. For more information, contact investor relations at (859) 244-7455.

View original content:https://www.prnewswire.com/news-releases/ramaco-resources-announces-passing-of-general-counsel-forrest-jones-302810179.html

SOURCE Ramaco Resources, Inc.

FAQ

What did Ramaco Resources (NASDAQ:METC) announce about General Counsel Forrest Jones on June 25, 2026?

Ramaco Resources announced the unexpected passing of General Counsel and former Board member E. Forrest Jones Jr. According to Ramaco Resources, the entire organization is mourning the loss of a treasured colleague, trusted advisor, and friend who shaped the company’s growth and governance.

Who was Forrest Jones in relation to Ramaco Resources (NASDAQ:METC)?

Forrest Jones was General Counsel and a former Board member at Ramaco Resources. According to Ramaco Resources, he previously served as independent counsel, then director, and ultimately General Counsel, playing an integral role in the company’s growth, governance, and legal strategy over many years.

How long did Forrest Jones serve the coal industry before his passing at Ramaco Resources (METC)?

Forrest Jones served the coal industry for nearly half a century before his passing. According to Ramaco Resources, he was widely regarded as one of the industry’s most respected and insightful legal minds, influencing both Ramaco’s development and broader coal sector legal practice.

How did Ramaco Resources leadership describe Forrest Jones’s impact on the company?

Ramaco leadership described Forrest Jones as a trusted friend, remarkable advisor, and cornerstone of the organization. According to Ramaco Resources, Chairman and CEO Randall W. Atkins emphasized his intellect, integrity, wit, and enduring influence on the company’s standards, culture, and long-term guidance.

How will Ramaco Resources (NASDAQ:METC) honor the legacy of Forrest Jones?

Ramaco Resources plans to honor Forrest Jones’s legacy in the days ahead. According to Ramaco Resources, colleagues and friends will reflect on his life, which the company characterizes as defined by service, integrity, purpose, and a lasting impact on its governance and people.

Did Ramaco Resources offer condolences to the family of Forrest Jones?

Yes, Ramaco Resources expressed its deepest sympathies to Forrest Jones’s wife, Beverly, and their family. According to Ramaco Resources, the company publicly extended condolences while recognizing his profound personal and professional influence on coworkers, leadership, and the broader coal industry community.