Range Impact Inc · OTC:RNGE
Range Impact — Investor Presentation (June 2024)
21 slides from Range Impact's investor presentation, June 2024
Slide 1: Impact Investing in Appalachia
IMPACT INVESTING IN APPALACHIA Transitioning Declining Coal Towns into Thriving Next Generation Communities
Slide 2: The Complex History of Coal Mining in Appalachia
THE COMPLEX HISTORY OF COAL MINING IN APPALACHIA FOLA, WV FOLA, WV 1985 2024
Slide 3: The Appalachian Region of the United States
THE APPALACHIAN REGION OF THE UNITED STATES Key Facts About Appalachia o Formed through tectonic plate collisions over 1.2 billion years o Named by Spanish settlers after the Apalachee Native Americans o Rugged mountainous region with elevations up to 6,684 feet o Stretches across 13 U.S. states and
Slide 4: The Resource Extraction Economy in Appalachia
THE RESOURCE EXTRACTION ECONOMY IN APPALACHIA Farming Logging Natural Gas Coal Mining Local Local National Local National Local National Local Economic Land Economic Land Economic Land Economic Land Benefit Impact Benefit Impact Benefit Impact Benefit Impact
Slide 5: Appalachian Coal and the Building of America
APPALACHIAN COAL AND THE BUILDING OF AMERICA
Slide 6: The Rise and Fall of Coal as a U.S. Energy Source
THE RISE AND FALL OF COAL AS A U.S. ENERGY SOURCE (Coal Tons in Millions) 2008 2008 2008 (Coal Tons in Millions) 2008 Data Source: U.S. Energy Information Administration (www.eia.gov).
Slide 7: Production Inefficiencies and Increasing Mining Costs
PRODUCTION INEFFICIENCIES AND INCREASING MINING COSTS o More valuable and cost effective coal seams have already been mined o Fewer workers and rising labor costs result in higher operating costs o Fewer contractors and declining supply chain options cause delays o Equipment maintenance costs are in
Slide 8: Dramatic Decline of U.S. Coal Mining Operations
DRAMATIC DECLINE OF U.S. COAL MINING OPERATIONS 1983 1983 5,496 Coal Mines 1983 1983 82% of 5,496 5,496 Coal Mines Have Closed Over the Last 40 years 2022 991 Coal Mines 2022 2022 2022 991 991 Data source: MSHA.
Slide 9: U.S. Coal Jobs Have Declined with Mine Closures
U.S. COAL JOBS HAVE DECLINED WITH MINE CLOSURES Coal Mines Coal Mines 4,505 Coal Mines Have Closed (82%) 5,496 mines 82% Have Closed 991 mines Coal Jobs Coal Jobs 187,973 jobs 142,761 Coal Jobs 76% Were Lost (76%) Were Lost 45,212 jobs Contractors Data Source: www.cdc.gov (NIOSH Mining).
Slide 10: Cascading Challenges Due to Loss of Employment
CASCADING CHALLENGES DUE TO LOSS OF EMPLOYMENT Low Income Levels Lack of Health Insurance Increasing Poverty Levels Data Source: U.S. Census Bureau (www.census.gov).
Slide 11: Unfavorable Demographics of Central Appalachia
UNFAVORABLE DEMOGRAPHICS OF CENTRAL APPALACHIA Age Distribution Population Distribution Education Distribution Data Source: U.S. Census Bureau (www.census.gov) as of 2019.
Slide 12: Rise and Fall of Population in Central Appalachia
RISE AND FALL OF POPULATION IN CENTRAL APPALACHIA The rise and fall of Central Appalachia’s population has been highly correlated with the rise and fall of coal mining in the area. Data Source: U.S. Census Bureau (www.census.gov).
Slide 13: Legacy Environmental Issues from Coal Mining
LEGACY ENVIRONMENTAL ISSUES FROM COAL MINING Sites Abandoned Mine Lands 1.0+ million acres of abandoned mine land across hundreds of sites in Appalachia needs to be reclaimed Water Acid mine drainage and heavy metals from mine sites impact local water quality and require constant treatment Land Poor
Slide 14: The Critical Role of Coal Permits and Bonds
THE CRITICAL ROLE OF COAL PERMITS AND BONDS Surface Mining Control and Pre-Law Mining Reclamation Act of 1977 Post-Law Mining Mining Company Requirements Mining Company Requirements NO RECLAMATION Issued Approved SUPPORT Issued Approved Issued by by State by State by State by State Insurer Mining Pe
Slide 15: Legacy Challenges Need Ambitious New Thinking
LEGACY CHALLENGES NEED AMBITIOUS NEW THINKING Solving Old Problems in New Ways
Slide 16: Range Impact: Our Impact Investing Ethos
RANGE IMPACT: OUR IMPACT INVESTING ETHOS People Planet Profit Range Impact’s Impact Investing Strategy is focused on improving the health and wellness of people and the planet while also generating attractive risk-adjusted investment returns for our shareholders
Slide 17: Range Impact: Catalyst for Generational Change
RANGE IMPACT: CATALYST FOR GENERATIONAL CHANGE LAND RECLAMATION COAL MINING MINE SITE BIOCHAR-BASED WATER & MINE SITE & WATER TREATMENT & RECLAMATION SECURITY SERVICES AGRICULTURE SOLUTIONS LAND HOLDINGS Distressed Land & Water Bond & Permit NextGen Uses Generational Mine Land Reclamation Resolution
Slide 18: Range Impact: Our Reimagined Vision for Coal Mines
RANGE IMPACT: OUR REIMAGINED VISION FOR COAL MINES
Slide 19: Case Study: Fola Mine Complex, WV
CASE STUDY: FOLA MINE COMPLEX, WV FOLA - CURRENT - - CURRENT - - CURRENT - - FUTURE - - FUTURE - - FUTURE -
Slide 20: Range Impact Financial Results
RANGE IMPACT FINANCIAL RESULTS Mar 31, 2022 Jun 30, 2022 Sep 30, 2022 Dec 31, 2022 Mar 31, 2023 Jun 30, 2023 Sep 30, 2023 Dec 31, 2023 Mar 31, 2024 Impact Investing Strategy Revenue Range Reclaim - 639,359 1,547,258 2,645,661 2,988,487 3,882,492 5,299,415 6,491,717 1,505,983 Range Minerals - - - - -
Slide 21: Contact Information and Legal Disclosure
CONTACT INFORMATION AND LEGAL DISCLOSURE PRIMARY CONTACT Michael Cavanaugh, CEO 216.543.7599 200 Park Avenue, Suite 400 [email protected] Orange Village, Ohio 44122 www.rangeimpact.com Legal Disclosure – Safe Harbor Statement Certain statements contained in this presentation, including, without li