Range Impact (RNGE) boosts royalties, cuts debt and funds $2.38M mine reclamation
Rhea-AI Filing Summary
Range Impact, Inc. reported selected results for the quarter ended June 30, 2026, focused on its legacy coal mine reclamation and redevelopment strategy. For 2Q 2026, the company earned royalty income of $1,109,661 and incurred cash operating expenses of $526,743; for the first half of 2026, royalty income totaled $2,025,041 and cash operating expenses were $991,548. Management highlighted that royalty income exceeded cash operating expenses, with excess cash funding reclamation activities. During the first half of 2026, Range Impact invested $2,376,460 of cash into mine site reclamation, raised $1,942,500 of new equity capital, and reduced debt by $200,000 from $1,800,000 to $1,600,000. Total stockholders’ equity was $36,894,559 as of June 30, 2026.
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8-K Event Classification
Key Figures
Key Terms
royalty income financial
mine site reclamation technical
forward-looking statements regulatory
legacy permits and bond obligations regulatory
emerging growth company regulatory
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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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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 8.01 Other Events.
Press Release
On August 12, 2026, the Company issued a press release reporting its financial results for the second quarter of 2026.
A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 8.01 (including Exhibit 99.1) is furnished pursuant to Item 8.01 and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. This Current Report will not be deemed an admission as to the materiality of any information in this Current Report that is required to be disclosed solely by Regulation FD.
Portions of this Current Report may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that the actual outcomes will not be materially different due to a number of factors. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. Additional information about significant risks that may impact the Company is contained in the Company’s filings with the Securities and Exchange Commission and may be accessed at www.sec.gov. The Company is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release dated August 12, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RANGE IMPACT, INC. | ||
| Dated: August 12, 2026 | By: | /s/ Michael Cavanaugh |
| Name: | Michael Cavanaugh | |
| Title: | Chief Executive Officer | |
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release dated August 12, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Exhibit 99.1
Range Impact Reports 2Q 2026 Financial Results
CLEVELAND, OHIO – (August 12, 2026) – Range Impact, Inc. (OTC: RNGE) (“Range Impact” or the “Company”), a public company dedicated to acquiring, reclaiming, and redeveloping legacy coal mines throughout Appalachia, reported its results for the second quarter ended June 30, 2026.
Range Impact’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 was filed with the Securities and Exchange Commission on August 12, 2026 and is available for viewing at https://rangeimpact.com/investors/. Since the information provided in this press release is limited to selected financial and operational information, shareholders and interested parties are encouraged to read the Company’s full Form 10-Q available on its website.
2Q 2026 Highlights
| ○ | Earned royalty income of $1,109,661 in 2Q 2026 and $2,025,041 during the first half of 2026 | |
| ○ | Incurred cash operating expenses of $526,743 in 2Q 2026 and $991,548 during the first half of 2026 | |
| ○ | Invested $2,376,460 of cash into mine site reclamation activities during the first half of 2026 | |
| ○ | Raised new equity capital of $1,942,500 during the first half of 2026 | |
| ○ | Reduced debt outstanding by $200,000 from $1,800,000 to $1,600,000 during the first half of 2026 | |
| ○ | Recorded total stockholders’ equity of $36,894,559 as of June 30, 2026 |
Michael Cavanaugh, Range Impact’s Chief Executive Officer, stated, “I am pleased with our 2Q 2026 and first half of 2026 financial results as royalty income exceeded our cash operating expenses and excess cash flow was used to fund reclamation activities on our mine properties, thereby unlocking additional land for future redevelopment.” Cavanaugh added, “We continue to actively explore land redevelopment projects focused on our core end uses, including power generation, data centers, rare earth elements, agriculture, housing, and health. I am encouraged by the substantial progress of our team during the first half of 2026 and we continue to remain acutely focused on executing our value creation plan for our shareholders.”
About Range Impact, Inc.
Headquartered in Cleveland, Ohio, Range Impact’s mission is to become a catalyst for long-term economic growth in disadvantaged coal communities throughout Appalachia and develop long-term solutions to environmental, social, and health challenges resulting from decades of coal mining. Our strategy is to acquire large former coal mines burdened by legacy permits and bond obligations, reclaim the former coal mines to unlock the underlying value of the land, and redevelop the land to meet strategically essential future needs of the United States, including power generation, data centers, rare earth elements, agriculture, housing, and health.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors that could cause actual outcomes and results to be materially different from those indicated in such statements. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, timing of clinical trials and product development, business strategy and new lines of business. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Range Impact, Inc.
Investor Relations
P: +1 (216) 304-6556
E: ir@rangeimpact.com
W: www.rangeimpact.com