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.

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