Ramaco Resources (NASDAQ: METC) launches a $200 million public offering of 10,666,667 shares of Class A common stock at $18.75 per share. This offering aims to raise approximately $200 million in gross proceeds, supporting the company's expansion into rare earth elements and critical minerals. The initiative marks a significant strategic shift beyond its existing coal operations.

Yorktown Energy Partners, a significant stakeholder, extends a 30-day option to underwriters to purchase up to an additional $30 million worth of shares. This move underscores market confidence in Ramaco's diversification strategy, capitalizing on the growing demand for critical minerals driven by global electrification efforts.

Managed by Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC, the offering is slated to close by August 7, 2025, pending customary closing conditions. The funds raised are earmarked for accelerating Ramaco's rare earth and critical minerals projects, exploring strategic growth opportunities, and meeting general corporate expenses.

This capital infusion is expected to strengthen Ramaco's balance sheet, facilitating its venture into high-growth markets while maintaining operational flexibility. Investors are urged to review the prospectus filed with the SEC for more detailed information, available on the SEC's official website.

RAMACO RESOURCES, INC. ANNOUNCES PRICING OF UPSIZED $200 MILLION

Ramaco Resources (NASDAQ: METC) launched a $200 million public offering of 10,666,667 shares of Class A common stock at $18.75 per share, aiming to fund expansion into rare earth elements and critical minerals. The offering includes a 30-day option for Yorktown Energy Partners to purchase up to an additional $30 million in shares, with proceeds earmarked for strategic growth and operational flexibility.