Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 77

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 77
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 seek to monitor the landscape of environmental regulation, our ability to navigate is limited by our small size and resources, and
any changes to such regulations may result in a material effect on our operations, cash flows or financial condition.

14

Regulators
also have the power to suspend or revoke permits or licenses needed for operation of our equipment and vehicles based on, among other
factors, our compliance record, and customers may decide not to do business with us because of concerns about our compliance record.
Suspension or revocation of permits or licenses would impact our land reclamation and water treatment business and could have a material
impact on our financial results. Although we have never had any of our operating permits revoked, suspended or non-renewed involuntarily,
it is possible that such an event could occur in the future.

Certain
environmental laws and regulations impose liability and responsibility on present and former owners, operators or users of facilities
and sites for contamination at such facilities and sites without regard to causation or knowledge of contamination. Investigations undertaken
in connection with these activities may lead to discoveries of contamination that must be remediated, and closures of facilities might
trigger compliance requirements that are not applicable to operating facilities.

Within
the coal mining remediation market, demand for our services will be limited to a specific customer base and highly correlated to the
coal mining industry. The coal mining industry’s demand for our services is affected by a number of factors including
the volatile nature of the coal mining industry’s business, increased use of alternative types of energy and technological developments
in the coal mining extraction process. A significant reduction in the target market’s demand for coal mining would reduce the demand
for our services, which would have a material adverse effect upon our business, financial condition, results of operations
and cash flows.

We
require a variety of permits to operate our business. If we are not successful in obtaining and/or maintaining those permits it will
adversely impact our operations.

Our
land reclamation and water treatment business requires permits to operate. Our inability to obtain permits in a timely manner could result
in substantial delays to our business. The issuance of permits is dependent on the applicable government agencies and is beyond our control
and that of our customers. There can be no assurance that we and/or our customers will receive the permits necessary to operate, which
could substantially and adversely affect our operations and financial condition.

Based
on the nature of our business, we currently depend and are likely to continue to depend on a limited number of