Range Impact Reports 3Q 2025 Financial Results

Cleveland, Ohio, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Range Impact, Inc. (OTCQB: RNGE) (“Range Impact” or the “Company”), a public impact investing company dedicated to acquiring, reclaiming and repurposing mine sites in Appalachia, reports its results for the third quarter ended September 30, 2025.

Range Impact’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 was filed with the Securities and Exchange Commission on November 14, 2025 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.

Michael Cavanaugh, Range Impact’s CEO, states, “Our third quarter results highlight our dedicated focus on eliminating debt, reducing operating leverage and improving liquidity to drive profitable operations once our recurring revenue streams continue to grow.” Cavanaugh added, “During the quarter, our team continued to make meaningful progress reclaiming our Fola Mine Complex and advancing multiple strategic conversations related to possible long-term future uses for our more than 13,000 acres of contiguous surface land once the land is reclaimed.”

Business and Financial Highlights of the 2025 Third Quarter

• Generated revenue of $778,767, which was comprised of $569,947 in royalty revenues and $208,820 generated by our legacy abandoned mine land services
• Earned gross profit of $528,184 after adding back the non-cash accretion expense associated with the Company’s asset retirement obligations
• Consolidated two lines of credit into one promissory note with a longer duration and more favorable near-term cash flow profile
• Returned underutilized equipment and reduced third-party equipment debt by $2,082,277
• Raised $550,000 of equity capital from the Company’s Chairman, CEO and largest shareholder to provide the Company with additional liquidity to execute its value creation plan
• Continued to streamline the Company’s operations to boost the amount of free cash flow that can be allocated to reclamation and repurposing efforts at the Fola Mine Complex

About Range Impact, Inc.