Ramaco Resources, Inc. announced the appointment of four senior executives into newly created positions at the Company. Paul Horn will serve as Senior Vice President and Ramaco's Chief Mine Development Officer, Scott Kreutzer will join as Senior Vice President and Chief Administrative Officer, Tim Chatting will serve as Director of Financial Reporting, and Katie Monroe will serve as Director of Land Administration. The hires are an integral part of Ramaco's ongoing growth and production expansion.

Ramaco has recently announced plans to nearly triple its annual production of metallurgical coal from 2021 levels over the coming years and is also surveying its potential to mine its rare earth element reserves in Wyoming. Paul Horn brings with him almost 30 years of experience as one of the most senior mining executives in the Central Appalachian market. He served for over twenty years for the privately held Booth Energy Group with ten years as the President and Chief Operating Officer.

In those roles he oversaw numerous large scale underground and surface mining complexes in both Kentucky and West Virginia. He began his career in operations at Alliance Coal and has also served as the past Chairman of the Kentucky Coal Association. Horn's role at Ramaco will be to spearhead and oversee the development and expansion of all the Company's existing and new mining complexes.

Scott Kreutzer comes to Ramaco with over 25 years of experience in operational, strategic, legal and land administration matters. He had served as an Executive Vice President and both Chief Operating Officer as well as Chief Strategy Officer at Contura Energy. He also previously served as Senior Vice President for Land Administration at both Contura and Alpha Natural Resources.

He has also worked at Eagle Specialty Materials as General Counsel and TECO Coal as Head of Business Development. In his role as Chief Administrative Officer he will provide senior oversight on Ramaco's administrative and related legal functions, as well as coordination between operations and marketing on strategy. He will also oversee development efforts and work with new Director of Land Administration.

Tim Chatting comes to Ramaco from Lexmark International in Lexington where he held high-level financial accounting and SEC reporting roles for over 25 years. Most recently he served as Senior Manager overseeing complex accounting processes and emerging topics, such as carbon offset programs. When Lexmark was publicly traded, Tim was the Senior Manager of SEC Reporting responsible for the preparation and review of SEC filings. Tim will oversee SEC related accounting matters at Ramaco.

Katie Monroe comes to Ramaco from the land and tax practice groups at Jackson Kelly in Charleston, West Virginia focusing on all aspects of land management and administration. Prior to that she led the Land Management division at Columbia Gas Transmission LLC overseeing a large team that administered the company's land rights. She has also served as a title specialist/title attorney for EQT Production Company.