2016 News Releases

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12/30/16Rhino Resource Partners LP Announces Agreements with Royal Energy Resources, Inc. and Yorktown Partners LLC
LEXINGTON, KY -- (Marketwired) -- 12/30/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today that it has entered into an option agreement (the "Option Agreement") with Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal"), Rhino Resource Partners Holdings, LLC ("Rhino Holdings"), an entity wholly-owned by certain investment partnerships managed by Yorktown Partners LLC ("Yorktown"), and Rhino GP LLC, the general partner of Rhino, whereby Rhino has receiv... 
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11/22/16Rhino Resource Partners LP Announces Appointment of Chief Executive Officer
LEXINGTON, KY -- (Marketwired) -- 11/22/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") today announced that the board of directors of Rhino GP LLC ("Rhino GP"), the general partner of Rhino, appointed Richard A. Boone as Chief Executive Officer ("CEO") of Rhino GP, effective as of January 1, 2017. Mr. Boone has served as President of Rhino GP since September 2016 and prior to that as Executive Vice President and Chief Financial Officer since June 2014. Mr. Boone ... 
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11/04/16Rhino Resource Partners LP Announces Third Quarter 2016 Financial and Operating Results
LEXINGTON, KY -- (Marketwired) -- 11/04/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today its financial and operating results for the quarter ended September 30, 2016. For the quarter, the Partnership reported a net loss of $3.8 million and Adjusted EBITDA of $5.6 million, compared to a net loss of $9.3 million and Adjusted EBITDA of $2.8 million in the third quarter of 2015. Diluted net loss per common unit was $0.41 for the quarter compared to dil... 
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10/27/16Rhino Resource Partners LP Announces Timing of Third Quarter 2016 Earnings Release Date
LEXINGTON, KY -- (Marketwired) -- 10/27/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") today announced that it plans to release its 2016 third quarter financial results on Friday, November 4, 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. About Rhino Resource Partners LP Rhino Resource Partners LP is a diversified energy limited partnership tha... 
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09/30/16Rhino Resource Partners LP Announces Agreement With Royal Energy Resources, Inc. and Yorktown Partners LLC
LEXINGTON, KY -- (Marketwired) -- 09/30/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today that it has entered into an equity exchange agreement (the "Agreement") with Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal"), Rhino Resource Partners Holdings, LLC ("Rhino Holdings"), an entity wholly-owned by certain investment partnerships managed by Yorktown Partners LLC ("Yorktown"), and Rhino GP LLC, the general partner of Rhino. Investment partnersh... 
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08/23/16Rhino Resource Partners LP Announces Sale of Elk Horn Coal Leasing Company
LEXINGTON, KY -- (Marketwired) -- 08/23/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today it entered into an agreement to sell its Elk Horn coal leasing company to a third party for total cash consideration of $12.5 million. Joe Funk, Chief Executive Officer of Rhino's general partner, stated, "The cash received from the sale of Elk Horn will continue to reduce our debt and provide us additional financial flexibility for our future coal operations.... 
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08/10/16Rhino Resource Partners LP Announces Second Quarter 2016 Financial and Operating Results
LEXINGTON, KY -- (Marketwired) -- 08/10/16 -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today its financial and operating results for the quarter ended June 30, 2016. For the quarter, the Partnership reported a net loss of $121.9 million and Adjusted EBITDA of $4.5 million, compared to a net loss of $8.1 million and Adjusted EBITDA of $4.1 million in the second quarter of 2015. Approximately $118.7 million of asset impairment charges impacted the net los... 
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08/02/16Rhino Resource Partners LP Announces Timing of Second Quarter 2016 Earnings Release Date
LEXINGTON, KY--(Marketwired - Aug 1, 2016) - Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") today announced that it plans to release its 2016 second quarter financial results on Wednesday, August 10, 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.  About Rhino Resource Partners LP   Rhino Resource Partners LP is a diversified energy limited partne... 
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05/24/16Rhino Resource Partners LP Announces Amendment for Credit Agreement Extension
Lexington, KY, May 24, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) announced that on May 13, 2016, Rhino completed an amendment with its existing creditors to extend the term of its senior secured credit facility to July 31, 2017.  Per the amendment, the credit facility will be automatically extended to December 31, 2017 if revolving credit commitments are reduced to $55 million or less on or before July 31, 2017.  The amendment immediat... 
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05/24/16Rhino Resource Partners LP to Present at Upcoming Investor Conferences in New York City
Management to Conduct One-on-One Meetings with Investors and Discuss the Partnership's Recent Developments and Growth Strategy Lexington, KY, May 24, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino”) today announced that Rick Boone, Executive Vice President and Chief Financial Officer of Rhino GP LLC, the general partner of Rhino, will present at SeeThruEquity’s 5th Annual MicroCap Investor Conference on Tuesday, May 31, 2016 at the Convene Conference Center at 7... 
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05/06/16Rhino Resource Partners LP Announces First Quarter 2016 Financial and Operating Results
LEXINGTON, Ky., May 06, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB:RHNOD) (“Rhino” or the “Partnership”) announced today its financial and operating results for the quarter ended March 31, 2016.  For the quarter, the Partnership reported a net loss of $1.2 million and Adjusted EBITDA of $6.6 million, compared to a net loss of $3.9 million and Adjusted EBITDA of $6.2 million in the first quarter of 2015.  Diluted net loss per common unit was $0.33 for the quarter compared to dil... 
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04/25/16Rhino Resource Partners LP Announces Timing of First Quarter 2016 Earnings Release Date
Lexington, KY, April 25, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNOD) (“Rhino” or the “Partnership”) today announced that it plans to release its 2016 first quarter financial results on Friday, May 6, 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.  About Rhino Resource Partners LP Rhino Resource Partners LP is a diversified energy limited par... 
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04/19/16Rhino Resource Partners LP Completes 1-for-10 Reverse Unit Split
Lexington, KY, April 19, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (“Rhino”) announced earlier today that it has completed a 1-for-10 reverse split on its common units and subordinated units.  As is required for reverse equity splits, Rhino’s common units will trade under the ticker symbol “RHNOD” on the OTCQB for a period of 20 trading days.  Following the end of this period, Rhino’s common unit ticker symbol will revert to “RHNO.” About Rhino Resource Partners LP Rhino Resource ... 
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04/19/16Rhino Resource Partners LP Completes 1-for-10 Reverse Unit Split
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino") announced today that it has completed a 1-for-10 reverse split on its common units and subordinated units. Pursuant to the reverse split, common unitholders received one common unit for every 10 common units owned on April 18, 2016 and subordinated unitholders received one subordinated unit for every 10 subordinated units owned on April 18, 2016. Any fractional units resulting from the reverse unit split were rounded to the nearest whole unit.As... 
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04/07/16Rhino Resource Partners LP Announces Agreement for Potential Joint Venture
Lexington, KY, April 07, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) announced today that it has signed an agreement with ION Carbon & Minerals, LLC (“Ion Carbon”), an wholly owned subsidiary of AMCI Holdings, Inc. (collectively referred to as “AMCI”), to explore a potential joint venture between Rhino and AMCI.  The proposed joint venture, named Encore Global Commodities LLC (“Encore”), will be a domestic and international marketing... 
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03/28/16Rhino Resource Partners LP Announces 1-for-10 Reverse Unit Split
Lexington, KY, March 28, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino”) announced today that the Board of Directors of its general partner has approved a 1-for-10 reverse split on its common units and its subordinated units, effective after the market closes on April 18, 2016. The common units will begin trading on a split-adjusted basis on April 19, 2016. Pursuant to the reverse unit split, common unitholders will receive one common unit for every 10 common units... 
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03/25/16Rhino Resource Partners LP Announces Fourth Quarter 2015 Financial and Operating Results
LEXINGTON, Ky., March 25, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB:RHNO) (“Rhino” or the “Partnership”) announced today its financial and operating results for the quarter ended December 31, 2015. For the quarter, the Partnership reported a net loss of $34.0 million and Adjusted EBITDA of $1.9 million, compared to a net loss of $60.7 million and Adjusted EBITDA of $2.8 million in the fourth quarter of 2014. Approximately $27.1 million of asset impairment and related charges i... 
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03/25/16Rhino Resource Partners LP Announces Filing of 2015 Annual Report on Form 10-K
Lexington, KY, March 25, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (“Rhino”) (OTCQB: RHNO) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 with the U.S. Securities and Exchange Commission (“SEC”).  Rhino’s Annual Report on Form 10-K is available through Rhino’s website at http://ir.rhinoresources.com/phoenix.zhtml?c=198170&p=irol-IRHome as well as on the SEC’s website at www.sec.gov.  Rhino’s security holders are entitled to receive, free of... 
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03/21/16Rhino Resource Partners LP Announces Execution of Securities Purchase Agreement with Royal Energy Resources, Inc.
Lexington, KY, March 21, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) announced today that Rhino and Royal Energy Resources, Inc. (OTCQB: ROYE) (“Royal”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) pursuant to which the Partnership issued 60,000,000 common units in the Partnership to Royal in a private placement in exchange for which Royal paid the Partnership $2.0 million in cash and delivered a pro... 
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03/17/16Rhino Resource Partners LP Announces Royal Energy Resources, Inc. Completed the Acquisition of Certain Limited Partnership Interests and Entire General Partner Membership Interest From Wexford Capital LP
Lexington, KY, March  17, 2016  (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today that Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal") has completed the acquisition 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 from Wexford Capital LP ("Wexford"). Royal has obtained majority ownership interest and contro... 
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03/10/16Rhino Resource Partners LP Announces Rescheduled Timing of Fourth Quarter 2015 Earnings Release Date
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... 
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03/03/16Rhino Resource Partners LP Announces Timing of Fourth Quarter 2015 Earnings Release Date
Lexington, KY, March 03, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (RHNO) (“Rhino” or the “Partnership”) today announced that it plans to release its 2015 fourth quarter financial results on Thursday, March 17, 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. About Rhino Resource Partners LP Rhino Resource Partners LP is a diversified energy limited partnership th... 
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01/21/16Rhino 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  a... 
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01/07/16Rhino Resource Partners LP Announces Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
Lexington, KY, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership") announced today that a binding term sheet agreement ("Term Sheet") has been completed between Royal Energy Resources, Inc. ("Royal") and Wexford Capital LP ("Wexford") where Royal will acquire 6,769,112 issued and outstanding common units of the Partnership currently owned by Wexford. The binding Term Sheet also includes the acquisition by Royal at a later date of all of the i... 
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