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Ramaco Resources Announces First Quarter Class B Stock Dividend Details


 

March 17, 2026 - Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") a leading operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and developing producer of coal, rare earth elements and critical minerals in Wyoming, has announced the dividend ratio of its previously declared Class B common stock dividend for the first quarter of 2026.

As previously announced, the board of directors approved and declared a quarterly Class B common stock dividend of $0.1489 per share of Class B common stock, payable on March 27, 2026 (the "Payment Date"), to shareholders of record on March 13, 2026 (the "Record Date"), with the dividend to be paid in shares of Class B common stock. 

Also as previously announced, Class B common stockholders will receive a number of shares of Class B common stock for each share owned of Class B common stock determined by dividing $0.1489 by the closing transaction price of the Class B common stock on March 13, 2026, which was $10.43 per share (the "Class B Closing Price"). 

Based on the Class B Closing Price, each Class B common stockholder will receive 0.014276 of one share of Class B common stock for each share of Class B common stock held by the Class B common stockholder at the close of the market on March 13, 2026.

No fractional shares will be issued in connection with the above-described stock dividend.  In lieu of the issuance of fractional shares, the Company will pay in cash on the Payment Date the fair value of the fractions of a share issuable, determined as of the close of Nasdaq on the Record Date and based upon the Class B Closing Price.

For additional information please see our Current Report on Form 8-K which is expected to be filed with the Securities and Exchange Commission later today.

ABOUT RAMACO RESOURCES

Ramaco Resources, Inc. is a dual platform critical mineral company that is both an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and a developing producer of coal, rare earth and critical minerals ("REE/CM")  in Wyoming. The Company's executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development near Sheridan, Wyoming (the "Brook Mine") in the initial stages of production.

In 2023, the Company announced that a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Contiguous to the Wyoming mine, the Company currently operates a carbon research and pilot facility related to the development and production of advanced carbon products and materials derived from coal. In connection with these activities, it holds a body of more than 70 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks.