Rhino Resource Partners LP (OTCMKTS:RHNO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On November 16, 2016, the board of directors of Rhino GP LLC
(Rhino GP), the general partner of Rhino Resource Partners LP
(the Partnership), appointed Richard A. Boone as Chief Executive
Officer 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 will succeed Joseph E. Funk,
who has served as Chief Executive Officer of Rhino GP since
November 2014. Mr. Funk will serve as a senior advisor to the
Partnership from January 1, 2017 through March 31, 2017 and will
discontinue employment with Rhino GP after this period.
The board of directors of Rhino GP also approved the extension of
the expiration dates of the existing employment agreements of
Richard A. Boone, President, R. Chad Hunt, Senior Vice President
of Business Development, and W. Scott Morris, Vice President and
Chief Financial Officer from December 31, 2017 to December 31,
Item 7.01 Regulation FD Disclosure
On November 22, 2016, the Partnership issued a press release
announcing the appointment of Mr. Boone as Chief Executive
Officer of Rhino GP effective as of January 1, 2017. A copy of
the press release is attached hereto as Exhibit 99.1 and is
incorporated by reference into this Item 7.01.
In accordance with General Instruction B.2 of Form 8-K, the
information in this report, including Exhibit 99.1, shall not be
deemed filed for the purposes of Section 18 of the Securities
Exchange Act of 1934 (Exchange Act) or otherwise subject to the
liabilities of that section, nor shall such information,
including Exhibit 99.1, be deemed incorporated by reference in
any filing under the Securities Act of 1933 or the Exchange Act,
except as shall be expressly set forth by specific reference in
Item 9.01 Financial Statements and Exhibits.
Press Release issued by Rhino Resource Partners LP, dated
November 22, 2016
About Rhino Resource Partners LP (OTCMKTS:RHNO)
Rhino Resource Partners LP is an energy limited partnership that is focused on coal and energy related assets and activities, including energy infrastructure investments. The Company produces, processes and sells coal of various steam and metallurgical grades from multiple coal producing basins in the United States. It operates through four segments. The Central Appalachia segment consists of over two mining complexes: Tug River and Rob Fork. The Northern Appalachia segment consists of the Hopedale mining complex, the Sands Hill mining complex and the Leesville field. The Rhino Western segment includes its underground mine in the Western Bituminous region. The Illinois Basin segment includes its underground mine, preparation plant and river loadout facility, and Taylorville field reserves located in central Illinois. Its Other category consists of its ancillary businesses and remaining oil and natural gas activities. Rhino Resource Partners LP (OTCMKTS:RHNO) Recent Trading Information
Rhino Resource Partners LP (OTCMKTS:RHNO) closed its last trading session up +0.24 at 3.48 with 60,267 shares trading hands.