09:03 AM EDT, 07/23/2025 (MT Newswires) -- Ramaco Resources ( METCB ) said Wednesday it plans to offer senior unsecured noted due 2030 via a registered underwritten public offering.

The notes will be issued in minimum denominations of $25 and integral multiples of $25, the company said.

Ramaco said it intends to use the net proceeds from the offering to redeem all of its outstanding senior unsecured notes due 2026, and for general corporate purposes.

The company said it has applied to list the notes on Nasdaq under the "METCI" symbol. If approved for listing, trading on Nasdaq is expected to begin within 30 business days after the notes are first issued.

Shares were 5.5% lower in recent premarket activity.