RANGE IMPACT Business Summary

Range Impact, Inc. (RNGE) operates as a diversified impact investing firm focused on the ecological and economic revitalization of the Appalachian region. The company generates revenue through a multi-pronged model comprising royalty streams from mineral extraction, service fees for environmental consulting and land reclamation, and recurring billings for eco-friendly security services. Its operations are organized into five primary segments: Range Reclaim (reclamation and water restoration), Range Minerals (subcontracted mining and royalties), Range Water (biochar and water solutions), Range Security (site monitoring), and Range Land (repurposing mine sites for non-fossil fuel uses). Within the competitive landscape, Range Impact competes with environmental services firms like Avalon Holdings Corporation (AWX), diversified holding companies such as DSS Inc. (DSS), and larger environmental engineering consultancies like Tetra Tech, Inc. (TTEK). The company distinguishes itself by operating as a niche, micro-cap impact investor that vertically integrates land acquisition with specialized reclamation and long-term asset repurposing. The leadership team is led by CEO and Director Michael Cavanaugh, who brings over 25 years of experience in private equity and venture capital, having overseen transactions exceeding $3 billion. The board is chaired by Edward Feighan, a veteran executive and former CEO of Century Business Services (NYSE: CBZ) and ProCentury Insurance Corporation. Key financial oversight is provided by CFO Patricia Missal, while the strategic advisory board includes Gary White, a 50-year veteran of the coal and natural resource industries, and former Ohio Governor Richard Celeste. Notable institutional backing and significant insider ownership come from Joseph E. LoConti’s Tower IV, LLC, alongside strategic investments from Intelligent Fanatics Capital Management and Carlson Ridge Capital, reflecting a concentrated effort to align executive leadership with long-term shareholder value in the impact investing space.