Range Impact Reports 3Q 2025 Financial Results

**Range Impact, Inc. Reports Third Quarter 2025 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, today announced its financial 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 on the Company’s website. Since this press release contains selected financial and operational information, shareholders and interested parties are encouraged to read the full Form 10-Q for a comprehensive understanding of the Company’s results.

**CEO Commentary**

Michael Cavanaugh, Range Impact’s CEO, stated,
“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.”

He 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 for Q3 2025**

– Generated revenue of $778,767, comprising $569,947 in royalty revenues and $208,820 from legacy abandoned mine land services.
– Earned a gross profit of $528,184 after adding back the non-cash accretion expense related to the Company’s asset retirement obligations.
– Consolidated two lines of credit into one promissory note with a longer duration and a 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 bolster liquidity and support the execution of its value creation plan.
– Continued streamlining Company operations to increase free cash flow available for reclamation and repurposing efforts at the Fola Mine Complex.

**About Range Impact, Inc.**

Headquartered in Cleveland, Ohio, Range Impact is a public company (OTC: RNGE) focused on improving the health and wellness of people and the planet through a novel and innovative approach to impact investing.

The Company owns and operates several complementary businesses dedicated to developing long-term solutions addressing environmental, social, and health challenges—particularly through acquiring, reclaiming, and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia.

Range Impact employs an opportunistic approach to impact investing by leveraging competitive advantages and adopting innovative solutions to longstanding problems. The Company thoughtfully allocates capital into strategic opportunities that aim to generate positive impacts on the people-planet ecosystem while delivering strong investment returns to shareholders.

**Notice Regarding Forward-Looking Statements**

This press release contains “forward-looking statements” within the meaning of Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. These statements, which are not purely historical, include beliefs, plans, expectations, or intentions regarding future events.

While Range Impact believes these statements are based on reasonable assumptions, actual outcomes may differ materially due to numerous factors, including uncertainties related to new projects, changes in business strategy, and new business lines.

These forward-looking statements are made as of the date of this release, and the Company undertakes no obligation to update them or explain any reasons why actual results may differ. Investors should review all available information, including risk factors detailed in the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other SEC filings.

**Investor Relations Contact**

Range Impact, Inc.
Phone: +1 (216) 304-6556
Email: [email protected]
Website: [www.rangeimpact.com](http://www.rangeimpact.com)
https://www.globenewswire.com/news-release/2025/11/14/3188653/0/en/Range-Impact-Reports-3Q-2025-Financial-Results.html