Rhino Resource Partners LP (RNO) 0.29 $RNO
Rhino Resource Partners LP Completes 1-for-10 Reverse Unit Split
GlobeNewswire - Tue Apr 19, 3:12PM CDT
Rhino Resource Partners LP ("Rhino"
announced earlier today that it has completed a 1-for-10 reverse split on its common units and subordinated units. As is required for reverse equity splits, Rhino's common units will trade under the ticker symbol "RHNOD" on the OTCQB for a period of 20 trading days. Following the end of this period, Rhino's common unit ticker symbol will revert to "RHNO."
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Agreement for Potential Joint Venture
GlobeNewswire - Thu Apr 07, 4:00PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that it has signed an agreement with ION Carbon & Minerals, LLC ("Ion Carbon" , an wholly owned subsidiary of AMCI Holdings, Inc. (collectively referred to as "AMCI" , to explore a potential joint venture between Rhino and AMCI. The proposed joint venture, named Encore Global Commodities LLC ("Encore" , will be a domestic and international marketing entity initially focused on developing and marketing Rhino's coals, including thermal, metallurgical, and specialty products. The initial agreement provides a sixty-day due diligence period for Rhino and AMCI to review and finalize the formation of the considered Encore joint venture.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces 1-for-10 Reverse Unit Split
GlobeNewswire - Mon Mar 28, 3:30PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" announced today that the Board of Directors of its general partner has approved a 1-for-10 reverse split on its common units and its subordinated units, effective after the market closes on April 18, 2016. The common units will begin trading on a split-adjusted basis on April 19, 2016.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Filing of 2015 Annual Report on Form 10-K
GlobeNewswire - Fri Mar 25, 1:53PM CDT
Rhino Resource Partners LP ("Rhino" (OTCQB: RHNO) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 with the U.S. Securities and Exchange Commission ("SEC" . Rhino's Annual Report on Form 10-K is available through Rhino's website at http://ir.rhinoresources.com/phoenix.zhtml?c=...rol-IRHome as well as on the SEC's website at www.sec.gov. Rhino's security holders are entitled to receive, free of charge, copies of Rhino's complete audited financial statements by writing to:
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Fourth Quarter 2015 Financial and Operating Results
GlobeNewswire - Fri Mar 25, 6:00AM CDT
Rhino Resource Partners LP (OTCQB:RHNO) ("Rhino" or the "Partnership" announced today its financial and operating results for the quarter ended December 31, 2015. For the quarter, the Partnership reported a net loss of $34.0 million and Adjusted EBITDA of $1.9 million, compared to a net loss of $60.7 million and Adjusted EBITDA of $2.8 million in the fourth quarter of 2014. Approximately $27.1 million of asset impairment and related charges impacted the net loss for the quarter ended December 31, 2015. Approximately $45.3 million of asset impairment and related charges impacted the net loss for the quarter ended December 31, 2014, as well as an additional $5.9 million impairment charge related to the Rhino Eastern joint venture investment. Diluted net loss per common unit was $1.14 for the quarter compared to diluted net loss per common unit of $2.03 for the fourth quarter of 2014. Total revenues for the quarter were $39.6 million, with coal sales generating $31.6 million of the total, compared to total revenues of $61.9 million and coal revenues of $52.5 million in the fourth quarter of 2014. (Refer to "Reconciliations of Adjusted EBITDA" included later in this release for reconciliations to the most directly comparable GAAP financial measures).
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Execution of Securities Purchase Agreement With Royal Energy Resources, Inc.
Marketwired - Wed Mar 23, 12:22PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that Rhino and Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" entered into a securities purchase agreement (the "Securities Purchase Agreement" pursuant to which the Partnership issued 60,000,000 common units in the Partnership to Royal in a private placement in exchange for which Royal paid the Partnership $2.0 million in cash and delivered a promissory note payable to the Partnership in the amount of $7.0 million. The promissory note is payable in three installments: (i) $3.0 million on July 31, 2016; (ii) $2.0 million on or before September 30, 2016 and (iii) $2.0 million on or before December 31, 2016. In the event the disinterested members of the board of directors of Rhino GP LLC, the general partner of Rhino, determine that the Partnership does not need the capital that would be provided by either or both installments set forth in (ii) and (iii) above, in each case, the Partnership has the option to rescind Royal's purchase of 13,333,333 common units and the applicable installment will not be payable (each, a "Rescission Right" . If the Partnership fails to exercise a Rescission Right, in each case, the Partnership has the option to repurchase 13,333,333 common units at $0.30 per common unit from Royal (each, a "Repurchase Option" . The Repurchase Options terminate on December 31, 2017. Royal's obligation to pay any installment of the promissory note is subject to certain conditions, including that the Partnership has entered into an agreement to extend its Amended and Restated Credit Agreement, as amended, to a date no sooner than December 31, 2017.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Royal Energy Resources, Inc. Completed the Acquisition of Certain Limited Partnership Interests and Entire General Partner Membership Interest From Wexford Capital LP
GlobeNewswire - Thu Mar 17, 4:10PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" has completed the acquisition of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units from Wexford Capital LP ("Wexford" . Royal has obtained majority ownership interest and control of the Partnership with the completion of this transaction. As previously announced on January 21, 2016, Royal and Wexford completed a definitive agreement where Royal acquired 6,769,112 issued and outstanding common units of the Partnership from Wexford. The definitive agreement also included the committed acquisition by Royal within sixty days from the date of the definitive agreement of all of the issued and outstanding membership interests of Rhino GP LLC as well as the subordinated units from Wexford.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Rescheduled Timing of Fourth Quarter 2015 Earnings Release Date
GlobeNewswire - Thu Mar 10, 4:19PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" today announced that it is rescheduling the release date of its 2015 fourth quarter financial results to Friday, March 25, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Timing of Fourth Quarter 2015 Earnings Release Date
GlobeNewswire - Thu Mar 03, 4:00PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" today announced that it plans to release its 2015 fourth quarter financial results on Thursday, March 17, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department.
RNO: 0.29 (+0.01)
Royal Energy Resources Completes Initial Transaction to Acquire Control of Rhino Resource Partners, LP
Marketwired - Mon Jan 25, 2:30PM CST
On January 21, 2016 Royal Energy Resources, Inc. ("Royal" (OTCQB: ROYE) entered into a Securities Purchase Agreement (the "Purchase Agreement" with Wexford Capital, LP, and certain of its affiliates (collectively, "Wexford" , under which Royal agreed to purchase, and Wexford agreed to sell, a controlling interest in Rhino Resource Partners, LP ("Rhino" (OTCQB: RHNO) in two separate transactions. Pursuant to the Purchase Agreement, Royal purchased 6,769,112 Common Units of Rhino from three holders for total consideration of $3,500,000.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Completed Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 21, 5:15PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that a definitive agreement ("Definitive Agreement" has been completed between Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" and Wexford Capital LP ("Wexford" where Royal has acquired 6,769,112 issued and outstanding common units of the Partnership previously owned by Wexford. The Definitive Agreement also includes the committed acquisition by Royal within sixty days from the date of the Definitive Agreement of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Once Royal has completed the acquisition of the Rhino GP LLC membership interests and the issued and outstanding subordinated units of the Partnership from Wexford, Royal will obtain majority ownership interest and control of the Partnership.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 07, 4:43PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that a binding term sheet agreement ("Term Sheet" has been completed between Royal Energy Resources, Inc. ("Royal" and Wexford Capital LP ("Wexford" where Royal will acquire 6,769,112 issued and outstanding common units of the Partnership currently owned by Wexford. The binding Term Sheet also includes the acquisition by Royal at a later date of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Pursuant to the executed binding Term Sheet, Royal and Wexford agree to negotiate definitive agreements to finalize the contemplated transactions described above no later than January 15, 2016.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Completes Sale of Central Appalachia Deane Mining Complex
GlobeNewswire - Wed Dec 30, 3:57PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership" announced today that it has completed the sale of its Central Appalachia Deane mining complex to Quest Energy Inc. ("Quest Energy" . The Partnership's Deane mining complex is located in eastern Kentucky and includes one underground mine and related infrastructure that consists of a preparation plant and a unit train loadout facility. The sale of the Deane complex transfers the underground mine, related equipment, the preparation plant and loadout facility, while the Partnership retains the mineral rights for the 39.3 million tons of proven and probable steam coal reserves at this complex. The completed transaction also includes a royalty agreement with Quest Energy pursuant to which the Partnership will collect future royalties for coal mined and sold from the Deane complex. The sale of the Deane complex also relieves the Partnership of significant reclamation liabilities and bonding requirements.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces NYSE Suspension of Trading and Commencement of Delisting Procedures; Common Units to Begin Trading on the OTCQB Marketplace
GlobeNewswire - Thu Dec 17, 3:52PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership" announced today that it was notified by the New York Stock Exchange (the "NYSE" that the NYSE has determined to commence proceedings to delist its common units representing limited partner interests of the Partnership (the "Common Units" from the NYSE as a result of the Partnership's failure to comply with the continued listing standard set forth in Section 802.01B of the NYSE Listed Company Manual to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million for its Common Units. The NYSE also suspended the trading of the Common Units at the close of trading on December 17, 2015.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP to Voluntarily Transfer from NYSE to OTCQB Marketplace
GlobeNewswire - Fri Dec 11, 3:15PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership" announced today that it intends to voluntarily transfer its common units representing limited partner interests of the Partnership ("Common Units" from the New York Stock Exchange ("NYSE" to the OTCQB Marketplace ("OTCQB" .
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Third Quarter 2015 Financial and Operating Results
GlobeNewswire - Fri Oct 30, 5:07AM CDT
Rhino Resource Partners LP (NYSE:RNO) ("Rhino" or the "Partnership" announced today its financial and operating results for the quarter ended September 30, 2015. For the quarter, the Partnership reported a net loss of $9.3 million and Adjusted EBITDA of $2.8 million, compared to a net loss of $8.9 million and Adjusted EBITDA of $1.8 million in the third quarter of 2014. Diluted net loss per common unit was $0.31 for the quarter compared to diluted net loss per common unit of $0.28 for the third quarter of 2014. Total revenues for the quarter were $54.1 million, with coal sales generating $45.5 million of the total, compared to total revenues of $61.4 million and coal revenues of $52.3 million in the third quarter of 2014. (Refer to "Reconciliations of Adjusted EBITDA" included later in this release for reconciliations to the most directly comparable GAAP financial measures).
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Continued Suspension of Distribution for Third Quarter and Timing of Earnings Release Date
GlobeNewswire - Mon Oct 19, 3:30PM CDT
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership" today announced that the cash distribution for its common units remains suspended for the current quarter. No distribution will be paid for common or subordinated units for the quarter ended September 30, 2015.
RNO: 0.29 (+0.01)
BUYINS.NET: RNO, VAR, BZF, CLD, DMLP, ETE Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Oct 06, 7:07AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Rhino Resource Partners LP (NYSE:RNO), Varian Medical Systems Inc (NYSE:VAR), WisdomTree Dreyfus Brazilian Real Fund (NYSE:BZF), Cloud Peak Energy Inc (NYSE:CLD), Dorchester Minerals LP (NASDAQ
MLP), Energy Transfer Equity LP (NYSE:ETE) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
DMLP: 14.18 (+0.08), RNO: 0.29 (+0.01), BZF: 15.20 (-0.25), VAR: 83.79 (-1.51), ETE: 12.87 (-0.07), CLD: 2.03 (+0.01)
Nevada Could Be Home To The Next Great Energy Revolution
ACCESSWIRE - Fri Sep 25, 7:00AM CDT
LONDON, ENGLAND / ACCESSWIRE / September 25, 2015 / After signing a preliminary lithium hydroxide supply agreement with Tesla Motors Inc. on 15 September, Pure Energy Minerals Limited is poised for significant gains as the race to build the biggest battery gigafactory intensifies.
TSLA: 217.87 (-0.92), F: 12.98 (-0.12), RNO: 0.29 (+0.01), TYO: 13.51 (-0.09), GM: 29.08 (+0.02), HMC: 25.93 (-0.47)
Rhino Resource Partners LP Completes 1-for-10 Reverse Unit Split
GlobeNewswire - Tue Apr 19, 3:12PM CDT
Rhino Resource Partners LP ("Rhino"
announced earlier today that it has completed a 1-for-10 reverse split on its common units and subordinated units. As is required for reverse equity splits, Rhino's common units will trade under the ticker symbol "RHNOD" on the OTCQB for a period of 20 trading days. Following the end of this period, Rhino's common unit ticker symbol will revert to "RHNO." RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Agreement for Potential Joint Venture
GlobeNewswire - Thu Apr 07, 4:00PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
announced today that it has signed an agreement with ION Carbon & Minerals, LLC ("Ion Carbon" , an wholly owned subsidiary of AMCI Holdings, Inc. (collectively referred to as "AMCI" , to explore a potential joint venture between Rhino and AMCI. The proposed joint venture, named Encore Global Commodities LLC ("Encore" , will be a domestic and international marketing entity initially focused on developing and marketing Rhino's coals, including thermal, metallurgical, and specialty products. The initial agreement provides a sixty-day due diligence period for Rhino and AMCI to review and finalize the formation of the considered Encore joint venture. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces 1-for-10 Reverse Unit Split
GlobeNewswire - Mon Mar 28, 3:30PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino"
announced today that the Board of Directors of its general partner has approved a 1-for-10 reverse split on its common units and its subordinated units, effective after the market closes on April 18, 2016. The common units will begin trading on a split-adjusted basis on April 19, 2016. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Filing of 2015 Annual Report on Form 10-K
GlobeNewswire - Fri Mar 25, 1:53PM CDT
Rhino Resource Partners LP ("Rhino"
(OTCQB: RHNO) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 with the U.S. Securities and Exchange Commission ("SEC" . Rhino's Annual Report on Form 10-K is available through Rhino's website at http://ir.rhinoresources.com/phoenix.zhtml?c=...rol-IRHome as well as on the SEC's website at www.sec.gov. Rhino's security holders are entitled to receive, free of charge, copies of Rhino's complete audited financial statements by writing to: RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Fourth Quarter 2015 Financial and Operating Results
GlobeNewswire - Fri Mar 25, 6:00AM CDT
Rhino Resource Partners LP (OTCQB:RHNO) ("Rhino" or the "Partnership"
announced today its financial and operating results for the quarter ended December 31, 2015. For the quarter, the Partnership reported a net loss of $34.0 million and Adjusted EBITDA of $1.9 million, compared to a net loss of $60.7 million and Adjusted EBITDA of $2.8 million in the fourth quarter of 2014. Approximately $27.1 million of asset impairment and related charges impacted the net loss for the quarter ended December 31, 2015. Approximately $45.3 million of asset impairment and related charges impacted the net loss for the quarter ended December 31, 2014, as well as an additional $5.9 million impairment charge related to the Rhino Eastern joint venture investment. Diluted net loss per common unit was $1.14 for the quarter compared to diluted net loss per common unit of $2.03 for the fourth quarter of 2014. Total revenues for the quarter were $39.6 million, with coal sales generating $31.6 million of the total, compared to total revenues of $61.9 million and coal revenues of $52.5 million in the fourth quarter of 2014. (Refer to "Reconciliations of Adjusted EBITDA" included later in this release for reconciliations to the most directly comparable GAAP financial measures). RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Execution of Securities Purchase Agreement With Royal Energy Resources, Inc.
Marketwired - Wed Mar 23, 12:22PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
announced today that Rhino and Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" entered into a securities purchase agreement (the "Securities Purchase Agreement" pursuant to which the Partnership issued 60,000,000 common units in the Partnership to Royal in a private placement in exchange for which Royal paid the Partnership $2.0 million in cash and delivered a promissory note payable to the Partnership in the amount of $7.0 million. The promissory note is payable in three installments: (i) $3.0 million on July 31, 2016; (ii) $2.0 million on or before September 30, 2016 and (iii) $2.0 million on or before December 31, 2016. In the event the disinterested members of the board of directors of Rhino GP LLC, the general partner of Rhino, determine that the Partnership does not need the capital that would be provided by either or both installments set forth in (ii) and (iii) above, in each case, the Partnership has the option to rescind Royal's purchase of 13,333,333 common units and the applicable installment will not be payable (each, a "Rescission Right" . If the Partnership fails to exercise a Rescission Right, in each case, the Partnership has the option to repurchase 13,333,333 common units at $0.30 per common unit from Royal (each, a "Repurchase Option" . The Repurchase Options terminate on December 31, 2017. Royal's obligation to pay any installment of the promissory note is subject to certain conditions, including that the Partnership has entered into an agreement to extend its Amended and Restated Credit Agreement, as amended, to a date no sooner than December 31, 2017. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Royal Energy Resources, Inc. Completed the Acquisition of Certain Limited Partnership Interests and Entire General Partner Membership Interest From Wexford Capital LP
GlobeNewswire - Thu Mar 17, 4:10PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
announced today that Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" has completed the acquisition of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units from Wexford Capital LP ("Wexford" . Royal has obtained majority ownership interest and control of the Partnership with the completion of this transaction. As previously announced on January 21, 2016, Royal and Wexford completed a definitive agreement where Royal acquired 6,769,112 issued and outstanding common units of the Partnership from Wexford. The definitive agreement also included the committed acquisition by Royal within sixty days from the date of the definitive agreement of all of the issued and outstanding membership interests of Rhino GP LLC as well as the subordinated units from Wexford. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Rescheduled Timing of Fourth Quarter 2015 Earnings Release Date
GlobeNewswire - Thu Mar 10, 4:19PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
today announced that it is rescheduling the release date of its 2015 fourth quarter financial results to Friday, March 25, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Timing of Fourth Quarter 2015 Earnings Release Date
GlobeNewswire - Thu Mar 03, 4:00PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
today announced that it plans to release its 2015 fourth quarter financial results on Thursday, March 17, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department. RNO: 0.29 (+0.01)
Royal Energy Resources Completes Initial Transaction to Acquire Control of Rhino Resource Partners, LP
Marketwired - Mon Jan 25, 2:30PM CST
On January 21, 2016 Royal Energy Resources, Inc. ("Royal"
(OTCQB: ROYE) entered into a Securities Purchase Agreement (the "Purchase Agreement" with Wexford Capital, LP, and certain of its affiliates (collectively, "Wexford" , under which Royal agreed to purchase, and Wexford agreed to sell, a controlling interest in Rhino Resource Partners, LP ("Rhino" (OTCQB: RHNO) in two separate transactions. Pursuant to the Purchase Agreement, Royal purchased 6,769,112 Common Units of Rhino from three holders for total consideration of $3,500,000. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Completed Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 21, 5:15PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
announced today that a definitive agreement ("Definitive Agreement" has been completed between Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" and Wexford Capital LP ("Wexford" where Royal has acquired 6,769,112 issued and outstanding common units of the Partnership previously owned by Wexford. The Definitive Agreement also includes the committed acquisition by Royal within sixty days from the date of the Definitive Agreement of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Once Royal has completed the acquisition of the Rhino GP LLC membership interests and the issued and outstanding subordinated units of the Partnership from Wexford, Royal will obtain majority ownership interest and control of the Partnership. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 07, 4:43PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership"
announced today that a binding term sheet agreement ("Term Sheet" has been completed between Royal Energy Resources, Inc. ("Royal" and Wexford Capital LP ("Wexford" where Royal will acquire 6,769,112 issued and outstanding common units of the Partnership currently owned by Wexford. The binding Term Sheet also includes the acquisition by Royal at a later date of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Pursuant to the executed binding Term Sheet, Royal and Wexford agree to negotiate definitive agreements to finalize the contemplated transactions described above no later than January 15, 2016. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Completes Sale of Central Appalachia Deane Mining Complex
GlobeNewswire - Wed Dec 30, 3:57PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership"
announced today that it has completed the sale of its Central Appalachia Deane mining complex to Quest Energy Inc. ("Quest Energy" . The Partnership's Deane mining complex is located in eastern Kentucky and includes one underground mine and related infrastructure that consists of a preparation plant and a unit train loadout facility. The sale of the Deane complex transfers the underground mine, related equipment, the preparation plant and loadout facility, while the Partnership retains the mineral rights for the 39.3 million tons of proven and probable steam coal reserves at this complex. The completed transaction also includes a royalty agreement with Quest Energy pursuant to which the Partnership will collect future royalties for coal mined and sold from the Deane complex. The sale of the Deane complex also relieves the Partnership of significant reclamation liabilities and bonding requirements. RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces NYSE Suspension of Trading and Commencement of Delisting Procedures; Common Units to Begin Trading on the OTCQB Marketplace
GlobeNewswire - Thu Dec 17, 3:52PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership"
announced today that it was notified by the New York Stock Exchange (the "NYSE" that the NYSE has determined to commence proceedings to delist its common units representing limited partner interests of the Partnership (the "Common Units" from the NYSE as a result of the Partnership's failure to comply with the continued listing standard set forth in Section 802.01B of the NYSE Listed Company Manual to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million for its Common Units. The NYSE also suspended the trading of the Common Units at the close of trading on December 17, 2015. RNO: 0.29 (+0.01)
Rhino Resource Partners LP to Voluntarily Transfer from NYSE to OTCQB Marketplace
GlobeNewswire - Fri Dec 11, 3:15PM CST
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership"
announced today that it intends to voluntarily transfer its common units representing limited partner interests of the Partnership ("Common Units" from the New York Stock Exchange ("NYSE" to the OTCQB Marketplace ("OTCQB" . RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Third Quarter 2015 Financial and Operating Results
GlobeNewswire - Fri Oct 30, 5:07AM CDT
Rhino Resource Partners LP (NYSE:RNO) ("Rhino" or the "Partnership"
announced today its financial and operating results for the quarter ended September 30, 2015. For the quarter, the Partnership reported a net loss of $9.3 million and Adjusted EBITDA of $2.8 million, compared to a net loss of $8.9 million and Adjusted EBITDA of $1.8 million in the third quarter of 2014. Diluted net loss per common unit was $0.31 for the quarter compared to diluted net loss per common unit of $0.28 for the third quarter of 2014. Total revenues for the quarter were $54.1 million, with coal sales generating $45.5 million of the total, compared to total revenues of $61.4 million and coal revenues of $52.3 million in the third quarter of 2014. (Refer to "Reconciliations of Adjusted EBITDA" included later in this release for reconciliations to the most directly comparable GAAP financial measures). RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Continued Suspension of Distribution for Third Quarter and Timing of Earnings Release Date
GlobeNewswire - Mon Oct 19, 3:30PM CDT
Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership"
today announced that the cash distribution for its common units remains suspended for the current quarter. No distribution will be paid for common or subordinated units for the quarter ended September 30, 2015. RNO: 0.29 (+0.01)
BUYINS.NET: RNO, VAR, BZF, CLD, DMLP, ETE Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Oct 06, 7:07AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Rhino Resource Partners LP (NYSE:RNO), Varian Medical Systems Inc (NYSE:VAR), WisdomTree Dreyfus Brazilian Real Fund (NYSE:BZF), Cloud Peak Energy Inc (NYSE:CLD), Dorchester Minerals LP (NASDAQ
MLP), Energy Transfer Equity LP (NYSE:ETE) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: DMLP: 14.18 (+0.08), RNO: 0.29 (+0.01), BZF: 15.20 (-0.25), VAR: 83.79 (-1.51), ETE: 12.87 (-0.07), CLD: 2.03 (+0.01)
Nevada Could Be Home To The Next Great Energy Revolution
ACCESSWIRE - Fri Sep 25, 7:00AM CDT
LONDON, ENGLAND / ACCESSWIRE / September 25, 2015 / After signing a preliminary lithium hydroxide supply agreement with Tesla Motors Inc. on 15 September, Pure Energy Minerals Limited is poised for significant gains as the race to build the biggest battery gigafactory intensifies.
TSLA: 217.87 (-0.92), F: 12.98 (-0.12), RNO: 0.29 (+0.01), TYO: 13.51 (-0.09), GM: 29.08 (+0.02), HMC: 25.93 (-0.47)
