Range Impact Secures $10M Equity Commitment; Subsidiary Provides $4M Loan
Range Impact Inc (RNGE:OTCMKTS) announced a $10 million equity investment commitment from Tacora Capital and that its subsidiary, Range Cumberland LLC, will provide up to $4 million in loans to private mining company Cumberland Coal Corporation. The funding is expected to support the operations of Cumberland Coal.
Topics: equity investment loan agreement