Core Insights - Range Impact, Inc. has reported its first quarter results for 2025, highlighting a significant acquisition that marks a transformative moment for the company and its shareholders [3]. Financial and Operational Highlights - The company acquired approximately 120,000 acres of real property interests associated with the Fola Mine Complex in West Virginia, recording an additional land value of $51.6 million, which includes $8.5 million of appraised land value and $43.1 million of capitalized asset retirement costs [6]. - Range Impact acquired 15 mining permits and assumed responsibility for an additional 21 mining permits at the Fola Mine Complex, with an estimated asset retirement obligation of approximately $43.1 million [6]. - The company assumed two coal royalty agreements that will provide monthly royalty payments, intended to fund part of the reclamation and repurposing expenses for the Fola Mine Complex [6]. - Range Impact acquired the landlord's interest in a 1,500-acre solar lease with a large multi-national solar developer, which could become one of the largest solar projects in Appalachia if constructed as proposed [6]. - The company streamlined operations by transitioning to a variable-cost operating model for land reclamation and water restoration [6]. - Stockholders' equity increased from $834,405 to $6,538,522 as of March 31, 2025, primarily due to a bargain purchase gain of $5,602,484 associated with the Fola Mine Complex acquisition [6].