UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 13, 2020
Rhino Resource Partners LP
(Exact name of registrant as specified in its charter)
| Delaware | 001-34892 | 27-2377517 | ||
|
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
424 Lewis Hargett Circle, Suite 250
Lexington, Kentucky 40503
(Address of principal executive office) (Zip Code)
(859) 389-6500
(Registrants’ telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.01 Completion of Acquisition or Disposition of Assets..
As previously disclosed, on September 6, 2019, Rhino Resource Partners LP (the “Partnership”) and certain of its direct and indirect subsidiaries (the “Sellers”) entered into an Asset Purchase Agreement with Alliance Coal, LLC (“Buyer”) and Alliance Resource Partners, L.P. pursuant to which the Sellers agreed to sell to Buyer all of the real property, permits, equipment and inventory and certain other assets associated with the Pennyrile mine complex in exchange for approximately $3.7 million, subject to certain adjustments (the “Pennyrile Sale”). The Pennyrile Sale closed on March 13, 2020. Following the closing purchase price adjustments, the total consideration received by the Sellers was approximately $3.0 million.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| RHINO RESOURCE PARTNERS LP | ||
| By: | Rhino GP LLC | |
| its General Partner | ||
| Dated: March 19, 2020 | By: | /s/ Whitney C. Kegley |
| Whitney C. Kegley | ||
| Vice President, Secretary and General Counsel | ||