Ramaco Resources, Inc. Announces Launch of Initial Public Offering

LEXINGTON, Ky., Jan. 23, 2017 -- Ramaco Resources, Inc. (NASDAQ:METC) (“Ramaco”) announced today that it has launched an initial public offering of 6,000,000 shares of its common stock at an anticipated initial offering price between $12.00 and $15.00 per share pursuant to a registration statement on Form S-1 filed previously with the Securities and Exchange Commission (“SEC”).  Ramaco is offering 3,800,000 shares of its common stock and the selling stockholders named in the registration statement (the “Selling Stockholders”) are offering 2,200,000 shares of Ramaco’s common stock.  In addition, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of Ramaco’s common stock.  The shares are expected to trade on the NASDAQ Global Select Market under the ticker symbol “METC”.

Credit Suisse Securities (USA) LLC, Jefferies LLC and BMO Capital Markets Corp. are acting as lead joint book-running managers and as representatives of the underwriters for the offering.  Clarksons Platou Securities, Inc. and Seaport Global Securities LLC are also acting as joint book-running managers for the offering. The offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933. A copy of the preliminary prospectus may be obtained from:

Credit Suisse Securities (USA) LLC
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: 1-800-221-1037
Email: [email protected]

Jefferies LLC
520 Madison Avenue, 2^nd Floor
New York, NY 10022
Attention: Equity Syndicate Prospectus Department
Telephone: (877) 547-6340
Email: [email protected]

BMO Capital Markets Corp.
3 Times Square, 25^th Floor
New York, NY 10036
Attention: Equity Syndicate Department
Telephone: (800) 414-3627
Email: [email protected]

About Ramaco Resources, Inc.

Ramaco is an operator and developer of high-quality, low cost metallurgical coal in central and southern West Virginia, southwestern Virginia and southwestern Pennsylvania.

Important Information

A registration statement relating to these securities has been filed with the SEC but has not yet been declared effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement may be obtained free of charge at the SEC’s website at www.sec.gov under “Ramaco Resources, Inc.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements. These forward-looking statements represent Ramaco’s expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Ramaco’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Ramaco does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Ramaco to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the prospectus filed with the SEC in connection with Ramaco’s initial public offering. The risk factors and other factors noted in Ramaco’s prospectus could cause its actual results to differ materially from those contained in any forward-looking statement.

Ramaco Resources, Inc.
250 West Main Street, Suite 210
Lexington, Kentucky 40507
859-244-7455