Lexington, KY, March 10, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") today announced that it is rescheduling the release date of its 2015 fourth quarter financial results to Friday, March 25, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department.
The Partnership is rescheduling its earnings release date due to the anticipated completion of Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal") acquisition of the ownership interests in the Partnership from Wexford Capital LP ("Wexford"). As previously announced on January 21, 2016, Royal and Wexford completed a definitive agreement where Royal acquired 6,769,112 issued and outstanding common units of the Partnership from Wexford. The definitive agreement also included the committed acquisition by Royal within sixty days from the date of the definitive agreement, or March 21, 2016, 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 from Wexford.
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 at its web site – RhinoLP.com.