Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 315

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1
Chunk 315
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 regulations, we could be strictly, jointly and severally liable for releases of regulated substances
by us at the properties of others, including if such releases result in contamination of air or water or cause harm to individuals. Our
business activities also create a risk of contamination or injury to our employees, customers or third parties, from the use, treatment,
storage, transfer, handling and/or disposal of these materials.

In
the event that our business activities result in environmental liabilities, such as those described above, we could incur significant
costs or reputational damage in connection with the investigation and remediation of environmental contamination, and we could be liable
for any resulting damages including natural resource damages. Such liabilities could exceed our available cash or any applicable insurance
coverage we may have. Additionally, we are subject to, on an ongoing basis, federal, state and local laws and regulations governing the
use, storage, handling and disposal of these materials and specified waste products. The cost of compliance with these laws and regulations
may become significant and could have a material adverse effect on our business, financial condition, results of operations or prospects.

Further,
we may incur costs to defend our position even if we are not liable for consequences arising out of environmental damage. Our insurance
policies may not be sufficient to cover the costs of defending such claims.

Failure
to effectively treat emerging contaminants could result in material liabilities.

A
number of contaminants might be found in water that we treat that may have a negative impact on the local ecosystem. The potential impact
of a contamination of water on our owned land is difficult to predict and could lead to an increased risk of exposure to liability claims,
increased scrutiny by federal and state regulatory agencies and negative publicity.

Developments
in, and compliance with, current and future environmental and climate change laws and regulations could impact our land reclamation and
water treatment business, financial condition or results of operations.

Our
business, operations, and product and service offerings are subject to and affected by many federal, state, local and foreign
environmental laws and regulations, including those enacted in response to climate change concerns. Compliance with existing laws
and regulations currently requires, and compliance with future laws is expected to continue to require, increasing operating and
capital expenditures in order to conform to changing environmental standards and regulations, which could impact our business,
financial condition and results of operations. Furthermore, environmental laws and regulations may authorize substantial fines and
criminal sanctions to address violations, and may require the installation of costly pollution control equipment or operational