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Range Impact Announces $550,000 Capital Raise
Globenewswire· 2025-09-24 21:04
Core Insights - Range Impact, Inc. has successfully closed a capital raise of $550,000, indicating strong investor confidence in the company's vision and strategy [1][2][3] Capital Raise - The capital raise includes a $350,000 investment from Tower IV, LLC, the largest shareholder, alongside $100,000 investments from both Edward Feighan, the Chairman, and Michael Cavanaugh, the CEO [2] - Investors acquired a total of 3,666,667 shares of common stock at a price of $0.15 per share [2] Company Overview - Range Impact, Inc. is focused on acquiring, reclaiming, and repurposing mine sites in Appalachia, aiming to address environmental, social, and health challenges [3] - The company employs an opportunistic approach to impact investing, leveraging competitive advantages to create long-term value for shareholders and local communities [3]