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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

LEXINGTON, KY (January 21, 2016) – 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.

Joe Funk, President and Chief  Executive Officer of Rhino's general partner, stated, "We continue to look  forward to the opportunity to work with Royal once the final steps of the transaction  are complete.  Royal's additional  resources provide us with the capability to strategically grow the Partnership from  our existing platform as we move forward.   Royal's insight and market strategies will provide us with the  capability to deliver optimal value to our unitholders as we expect our relationship  with Royal will grow our cash flow in the future."

About Rhino Resource Partners LP  

Rhino Resource Partners LP is a  diversified energy limited partnership that is focused on coal and energy  related assets and activities, including energy infrastructure  investments.  Rhino produces  metallurgical and steam coal in a variety of basins throughout the United States  and it leases coal through its Elk Horn subsidiary. Additional information  regarding Rhino is available on its web site – RhinoLP.com.

Forward Looking Statements

Except for historical  information, statements made in this press release are "forward-looking  statements." All statements, other than statements of historical facts,  included in this press release that address activities, events or developments  that Rhino expects, believes or anticipates will or may occur in the future are  forward-looking statements.  These  forward-looking statements are based on Rhino's current expectations and  beliefs concerning future developments and their potential effect on Rhino's  business, operating results, financial condition and similar matters.  While management believes that these  forward-looking statements are reasonable as and when made, there can be no  assurance that future developments affecting Rhino will turn out as Rhino  anticipates.  Whether actual results and  developments in the future will conform to expectations is subject to  significant risks, uncertainties and assumptions, many of which are beyond  Rhino's control or ability to predict. Therefore, actual results and  developments could materially differ from Rhino's historical experience,  present expectations and what is expressed, implied or forecast in these  forward-looking statements.  Important  factors that could cause actual results to differ materially from those in the  forward-looking statements include, but are not limited to, the following: Rhino's  inability to obtain additional financing necessary to fund its capital  expenditures, meet working capital needs and maintain and grow its operations  or its inability to obtain alternative financing upon the expiration of its  credit facility; Rhino's future levels of indebtedness, liquidity and  compliance with debt covenants; sustained depressed levels of or decline in  coal prices, which depend upon several factors such as the supply of domestic  and foreign coal, the demand for domestic and foreign coal, governmental  regulations, price and availability of alternative fuels for electricity  generation and prevailing economic conditions; declines in demand for  electricity and coal; current and future environmental laws and regulations,  which could materially increase operating costs or limit Rhino's ability to  produce and sell coal; extensive government regulation of mine operations,  especially with respect to mine safety and health, which imposes significant  actual and potential costs; difficulties in obtaining and/or renewing permits  necessary for operations; the availability and prices of competing electricity  generation fuels; a variety of operating risks, such as unfavorable geologic  conditions, adverse weather conditions and natural disasters, mining and  processing equipment unavailability, failures and unexpected maintenance  problems and accidents, including fire and explosions from methane; poor mining  conditions resulting from the effects of prior mining; the availability and  costs of key supplies and commodities such as steel, diesel fuel and  explosives; fluctuations in transportation costs or disruptions in  transportation services, which could increase competition or impair Rhino's  ability to supply coal; a shortage of skilled labor, increased labor costs or  work stoppages; Rhino's ability to secure or acquire new or replacement  high-quality coal reserves that are economically recoverable; material  inaccuracies in Rhino's estimates of coal reserves and non-reserve coal  deposits; existing and future laws and regulations regulating the emission of  sulfur dioxide and other compounds, which could affect coal consumers and  reduce demand for coal; federal and state laws restricting the emissions of  greenhouse gases; Rhino's ability to acquire or failure to maintain, obtain or  renew surety bonds used to secure obligations to reclaim mined property;  Rhino's dependence on a few customers and its ability to find and retain  customers under favorable supply contracts; changes in consumption patterns by  utilities away from the use of coal, such as changes resulting from low natural  gas prices; changes in governmental regulation of the electric utility  industry; Rhino's ability to successfully diversify its operations into other  non-coal natural resources; disruption in supplies of coal produced by contractors  operating Rhino's mines; defects in title in properties that Rhino owns or  losses of any of its leasehold interests; Rhino's ability to retain and attract  senior management and other key personnel; material inaccuracy of assumptions  underlying reclamation and mine closure obligations; and weakness in global  economic conditions.

Other factors that could cause  Rhino's actual results to differ from its projected results are described in  its filings with the Securities and Exchange Commission, including its Annual  Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form  8-K.  

Readers are cautioned not to  place undue reliance on forward-looking statements, which speak only as of the  date hereof.  Rhino undertakes no  obligation to publicly update or revise any forward-looking statements after  the date they are made, whether as a result of new information, future events  or otherwise, unless required by law.