Malachite Innovations, Inc. acquired Collins Building & Contracting, Inc. from Roger L. Collins, Jr. for $5.035 million.
September 04, 2023
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Malachite Innovations, Inc. (OTCPK:MLCT) acquired Collins Building & Contracting, Inc. from Roger L. Collins, Jr. for $5.035 million on August 31, 2023. The consideration comprised of $1.0 million of cash, a $2.0 million seller note collateralized by the acquired real estate and quarry infrastructure, and a separate $2.035250 million seller note collateralized by the acquired equipment. Roger Collins will serve as Senior Vice President of Sales of Range Environmental Resources, Inc., a wholly-owned subsidiary of Malachite. Howard Groedel of Ulmer & Berne acted as legal advisor to Malachite Innovations, Inc. Thomas Spears of Daniels Law Firm, PLLC acted as legal advisor to Roger L. Collins, Jr.
Malachite Innovations, Inc. (OTCPK:MLCT) acquired Collins Building & Contracting, Inc. on August 31, 2023.
Range Impact, Inc. is focused on improving the health and wellness of people and the planet through innovative approach to impact investing. It owns and operates various complementary operating businesses focused on developing long-term solutions to environmental, social and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land. Its segments include Range Reclaim, Range Water, Range Security, Drug Development and Range Land. Range Reclaim segment provides land reclamation, water restoration and environmental consulting services to mining and non-mining companies throughout Appalachia. Range Water segment operates biochar product development and water solutions business. Range Security segment offers security services on mine land being reclaimed and repurposed for non-fossil fuel uses. Range Land is focused on acquiring former mine lands with the goal of reclaiming and repurposing the sites for non-fossil fuel uses.
RANGE IMPACT, INC. 
