Ramaco Resources, Inc 8-K, filed Aug 20, 2020
Ramaco Resources, Inc. (METC)
About this 8-K
Ramaco Resources, Inc filed this 8-K on August 20, 2020, reporting on events of August 14, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 14, 2020
RAMACO RESOURCES, INC.
(Exact name of Registrant as specified in its Charter)
Delaware | | 001-38003 | | 38-4018838 |
(State or other jurisdiction of incorporation) | | (Commission File No.) | | (IRS Employer Identification No.) |
| 250 West Main Street, Suite 1800 Lexington, Kentucky 40507 | |
| (Address of principal executive offices) | |
| (859) 244-7455 | |
| (Registrant’s telephone number, including area code) | |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, $0.01 par value | METC | NASDAQ Global Select Market |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 14, 2020, Trent Kososki informed Ramaco Resources, Inc., a Delaware corporation (the “Company”), of his decision to resign from the Board of Directors of the Company effective as of August 14, 2020. Mr. Kososki’s resignation is due to a new employment with another private equity firm and not due to any disagreement with the Company.
[The Company has issued a press release announcing Mr. Kososki’s resignation from the Board. A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | | Exhibit Description |
| | |
99.1 | |
SIGNATURE
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.
| | RAMACO RESOURCES, INC. |
| | |
By: | /s/ Randall W. Atkins | |
| | Randall W. Atkins Executive Chairman |
Date:August 20, 2020
Exhibit 99.1
Ramaco Resources, Inc. Announces Resignation of Board Member
LEXINGTON, Ky., August 20, 2020 -- Ramaco Resources, Inc. (NASDAQ: METC) (“Ramaco” or the “Company”) announces today that Trent Kososki has resigned from the Company’s board of directors, effective August 14, 2020.
Randall Atkins, Ramaco’s Executive Chairman commented, “On behalf of Ramaco Resources I would like to thank Trent for not only his service on our Board of Directors, but for being a key player in the early days of both the formation and launching of our public company. When Trent was with Energy Capital Partners he led their investment in Ramaco Resources when it was still a private entity and provided critical counsel to both me and the Board during his tenure. We are sorry he will be leaving, but wish him all success in his new career move to another private equity firm.
About Ramaco Resources, Inc.
Ramaco Resources, Inc. is an operator and developer of metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia. The Company has five active mines operating from two mining complexes at this time.
News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at https://www.ramacoresources.com.