Nasdaq Welcomes Ramaco Resources, Inc. (Nasdaq: METC) to The Nasdaq Stock Market
February 03 2017 - 5:11PM
Ramaco Resources, Inc. (Nasdaq:METC), an operator and developer of
high-quality, low cost metallurgical coal, visited the Nasdaq
MarketSite in Times Square today in celebration of its initial
public offering (IPO) on The Nasdaq Stock Market.
The Kentucky based company has a current
portfolio of four long-lived projects: Elk Creek, Berwind, RAM
Mine and Knox Creek. Each of these projects possesses geologic and
logistical advantages that Ramaco believes will make its coal among
the lowest delivered-cost U.S. domestic metallurgical coal to a
majority of its customer base, including blast furnace steel mills
and U.S.-based coke plants, as well as international metallurgical
coal consumers.
“We are proud to be the nation’s newest public
coal company and together with our employees, shareholders and the
communities where we operate, we will look forward to growing into
one of the most successful companies in our industry,” said Randall
W. Atkins, Co-Founder and Executive Chairman of Ramaco Resources.
“Ramaco’s ‘geology-first’ business strategy, combined with its
advantaged balance sheet, is now ready to take its place as a
reliable and low cost producer in the U.S. metallurgical coal
space,” said Michael Bauersachs, Co-Founder, President and Chief
Executive.
“We are extremely proud that Ramaco has chosen
Nasdaq as their listing partner, joining many established companies
in the energy sector,” said Nelson Griggs, Executive Vice President
and Head of Globe Listings, Nasdaq. “We have had a tremendous track
record in supporting established energy companies and look forward
to working with Ramaco’s team and their shareholders going
forward.”
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- NDAQG -
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Stephanie Lowenthal
(646) 441-5073
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Emily Pan
(646) 441-5120
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