{"success":true,"data":{"pressRelease":{"id":"89785","rtpr_id":"nNFC51nTYl","ticker":"CLCH","exchange":"TSX","all_tickers":["CLCH"],"title":"Clinch Resources Completes Debt Settlement","author":"Newsfile Corp","published_at":"2026-07-15T21:30:12.777Z","article_body":"Knoxville, Tennessee--(Newsfile Corp. - July 15, 2026) - Clinch Resources Ltd.\n(TSX: CLCH) (\"Clinch\" or the \"Company\"), a metallurgical coal producer with\nmining assets in West Virginia, today announced that it has completed a debt\nsettlement transaction (the \"Debt Settlement\") pursuant to which the Company\nissued an aggregate of 1,565,954 common shares of the Company (\"Common\nShares\") at a price of C$1.25 per Common Share in settlement of US$1,409,359\nof interest owed by Active Resources, Inc. (\"Active Resources\"), a subsidiary\nof the Company, on certain indebtedness that was previously repaid. The Debt\nSettlement was completed with certain arm's length third parties\n(collectively, the \"Creditors\") pursuant to the terms of debt settlement\nagreements entered into among the Company, Active Resources and the Creditors.\n\nThe Common Shares issued pursuant to the Debt Settlement are subject to a\nstatutory hold period of four months and one day from the date of issuance in\naccordance with applicable Canadian securities laws, as well as other\nrestrictions applicable to Creditors located in or subject to the laws of the\nUnited States. The listing of the Common Shares issued pursuant to the Debt\nSettlement remains subject to the final approval of the Toronto Stock Exchange\n(the \"TSX\").\n\nAbout Clinch Resources Ltd.\n\nClinch Resources Ltd. is a Tennessee-based metallurgical mining company with\nits corporate office located in Knoxville, Tennessee and operations in West\nVirginia. The Company will supply high-quality coking coal to steel-based\nmanufacturing facilities both domestically and seaborn for critical global\ninfrastructure. Clinch is currently opening its first two mines.\n\nCautionary Statements Regarding Forward-Looking Information\n\nThis news release contains certain \"forward-looking information\" within the\nmeaning of applicable Canadian securities legislation. Such forward-looking\ninformation and forward-looking statements (collectively referred to\nhereinafter as, \"forward-looking information\") are not representative of\nhistorical facts or information or current conditions, but instead represent\nonly the beliefs of the management of the Company regarding future events,\nplans or objectives, many of which, by their nature, are inherently uncertain\nand outside of the control of the Company. Generally, such forward-looking\ninformation can be identified by the use of forward-looking terminology such\nas \"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\",\n\"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not\nanticipate\", or \"believes\", or variations of such words and phrases or may\ncontain statements that certain actions, events or results \"may\", \"could\",\n\"would\", \"might\" or \"will be taken\", \"will continue\", \"will occur\" or \"will be\nachieved\". The forward-looking information contained herein may include, but\nare not limited to, information concerning the final acceptance of the TSX in\nrespect of the listing of the Common Shares, the supply of high-quality coking\ncoal to steel-based manufacturing facilities for critical global\ninfrastructure, and the development of the Company's mining projects and path\nto coal production.\n\nBy identifying such information and statements in this manner, the Company is\nalerting the reader that such information and statements are subject to known\nand unknown risks, uncertainties and other factors that may cause the actual\nresults, level of activity, performance or achievements of the Company to be\nmaterially different from those expressed or implied by such information and\nstatements. In addition, in connection with the forward-looking information\ncontained in this news release, the Company has made certain assumptions.\nAmong the key factors that could cause actual results to differ materially\nfrom those projected in the forward-looking information are the following: (i)\nchanges in general economic, business and political conditions, including\nchanges in the financial markets; (ii) changes in applicable laws; (iii)\ndifficulty or inability in complying with extensive government regulation; and\n(iv) those other risk factors more generally set out in the annual information\nform available under the Company's profile on SEDAR+ at www.sedarplus.ca.\nShould one or more of these risks, uncertainties or other factors materialize,\nor should assumptions underlying the forward-looking information prove\nincorrect, actual results may vary materially from those described herein as\nintended, planned, anticipated, believed, estimated or expected.\n\nAlthough management of the Company believes that the assumptions and factors\nused in preparing, and the expectations contained in, the forward-looking\ninformation are reasonable, undue reliance should not be placed on such\ninformation and statements, and no assurance or guarantee can be given that\nsuch forward-looking information will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\ninformation and statements. The forward-looking information contained in this\nnews release is made as of the date of this news release, and the Company does\nnot undertake to update any forward-looking information contained or\nreferenced herein, except as required by applicable securities laws.\n\nFor more information:\n\nClinch Resources Ltd.:\nRobert L. Gaylor\nExecutive Vice President, Investor Relations\nT: 865-310-2353\nE: bgaylor@clinchresources.com\nwww.clinchresources.com\n\nInvestor Relations Inquiries:\nSkyline Corporate Communications Group, LLC\nScott Powell, President\nOffice: (646) 893-5835\nEmail: info@skylineccg.com\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/305361","article_body_html":"","raw_payload":{"data":{"id":"nNFC51nTYl","title":"Clinch Resources Completes Debt Settlement","author":"Newsfile Corp","ticker":"CLCH","created":"2026-07-15T21:30:12.777Z","tickers":["CLCH"],"exchange":"TSX","article_body":"Knoxville, Tennessee--(Newsfile Corp. - July 15, 2026) - Clinch Resources Ltd.\n(TSX: CLCH) (\"Clinch\" or the \"Company\"), a metallurgical coal producer with\nmining assets in West Virginia, today announced that it has completed a debt\nsettlement transaction (the \"Debt Settlement\") pursuant to which the Company\nissued an aggregate of 1,565,954 common shares of the Company (\"Common\nShares\") at a price of C$1.25 per Common Share in settlement of US$1,409,359\nof interest owed by Active Resources, Inc. (\"Active Resources\"), a subsidiary\nof the Company, on certain indebtedness that was previously repaid. The Debt\nSettlement was completed with certain arm's length third parties\n(collectively, the \"Creditors\") pursuant to the terms of debt settlement\nagreements entered into among the Company, Active Resources and the Creditors.\n\nThe Common Shares issued pursuant to the Debt Settlement are subject to a\nstatutory hold period of four months and one day from the date of issuance in\naccordance with applicable Canadian securities laws, as well as other\nrestrictions applicable to Creditors located in or subject to the laws of the\nUnited States. The listing of the Common Shares issued pursuant to the Debt\nSettlement remains subject to the final approval of the Toronto Stock Exchange\n(the \"TSX\").\n\nAbout Clinch Resources Ltd.\n\nClinch Resources Ltd. is a Tennessee-based metallurgical mining company with\nits corporate office located in Knoxville, Tennessee and operations in West\nVirginia. The Company will supply high-quality coking coal to steel-based\nmanufacturing facilities both domestically and seaborn for critical global\ninfrastructure. Clinch is currently opening its first two mines.\n\nCautionary Statements Regarding Forward-Looking Information\n\nThis news release contains certain \"forward-looking information\" within the\nmeaning of applicable Canadian securities legislation. Such forward-looking\ninformation and forward-looking statements (collectively referred to\nhereinafter as, \"forward-looking information\") are not representative of\nhistorical facts or information or current conditions, but instead represent\nonly the beliefs of the management of the Company regarding future events,\nplans or objectives, many of which, by their nature, are inherently uncertain\nand outside of the control of the Company. Generally, such forward-looking\ninformation can be identified by the use of forward-looking terminology such\nas \"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\",\n\"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not\nanticipate\", or \"believes\", or variations of such words and phrases or may\ncontain statements that certain actions, events or results \"may\", \"could\",\n\"would\", \"might\" or \"will be taken\", \"will continue\", \"will occur\" or \"will be\nachieved\". The forward-looking information contained herein may include, but\nare not limited to, information concerning the final acceptance of the TSX in\nrespect of the listing of the Common Shares, the supply of high-quality coking\ncoal to steel-based manufacturing facilities for critical global\ninfrastructure, and the development of the Company's mining projects and path\nto coal production.\n\nBy identifying such information and statements in this manner, the Company is\nalerting the reader that such information and statements are subject to known\nand unknown risks, uncertainties and other factors that may cause the actual\nresults, level of activity, performance or achievements of the Company to be\nmaterially different from those expressed or implied by such information and\nstatements. In addition, in connection with the forward-looking information\ncontained in this news release, the Company has made certain assumptions.\nAmong the key factors that could cause actual results to differ materially\nfrom those projected in the forward-looking information are the following: (i)\nchanges in general economic, business and political conditions, including\nchanges in the financial markets; (ii) changes in applicable laws; (iii)\ndifficulty or inability in complying with extensive government regulation; and\n(iv) those other risk factors more generally set out in the annual information\nform available under the Company's profile on SEDAR+ at www.sedarplus.ca.\nShould one or more of these risks, uncertainties or other factors materialize,\nor should assumptions underlying the forward-looking information prove\nincorrect, actual results may vary materially from those described herein as\nintended, planned, anticipated, believed, estimated or expected.\n\nAlthough management of the Company believes that the assumptions and factors\nused in preparing, and the expectations contained in, the forward-looking\ninformation are reasonable, undue reliance should not be placed on such\ninformation and statements, and no assurance or guarantee can be given that\nsuch forward-looking information will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\ninformation and statements. The forward-looking information contained in this\nnews release is made as of the date of this news release, and the Company does\nnot undertake to update any forward-looking information contained or\nreferenced herein, except as required by applicable securities laws.\n\nFor more information:\n\nClinch Resources Ltd.:\nRobert L. Gaylor\nExecutive Vice President, Investor Relations\nT: 865-310-2353\nE: bgaylor@clinchresources.com\nwww.clinchresources.com\n\nInvestor Relations Inquiries:\nSkyline Corporate Communications Group, LLC\nScott Powell, President\nOffice: (646) 893-5835\nEmail: info@skylineccg.com\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/305361"},"type":"article","timestamp":"2026-07-15T21:30:12.861200633Z","server_sent_at_ms":1784151012861},"received_at":"2026-07-15T21:30:12.927Z","source_url":"https://www.newsfilecorp.com/release/305361"},"analysis":{"id":"78836","press_release_id":"89785","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["TSX listing of issued shares subject to final approval"],"eventType":"dilution","narrative":"Clinch Resources settled US$1,409,359 in interest owed by its subsidiary Active Resources by issuing 1,565,954 common shares at a price of C$1.25 per share.\n\nThe shares were issued to third-party creditors and are subject to a four-month statutory hold period, with final listing approval pending from the Toronto Stock Exchange.\n\nClinch Resources is a Tennessee-based metallurgical coal producer currently developing mining assets in West Virginia.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Small debt settlement via equity issuance; routine corporate action."},"keyFigures":{"dealValueUsd":1409359,"offeringPrice":"C$1.25","sharesOffered":1565954,"customDimensions":{"hold_period":"4 months and 1 day"}},"quotedText":"","namedEntities":{"people":[{"name":"Robert L. Gaylor","role":"Executive Vice President, Investor Relations"},{"name":"Scott Powell","role":"President, Skyline Corporate Communications Group"}],"products":[],"companies":[{"name":"Clinch Resources Ltd.","ticker":"CLCH"},{"name":"Active Resources, Inc.","relationship":"subsidiary"},{"name":"Toronto Stock Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$1,409,359","context":"interest owed by subsidiary Active Resources"},{"amount":"C$1.25","context":"issuance price per common share"}]},"materialImpact":{"score":1,"reasoning":"Routine balance sheet transaction involving the settlement of approximately $1.4M in interest via the issuance of common shares. The transaction size is small relative to typical corporate events and involves cleaning up legacy subsidiary debt."},"tickerRelevance":{"others":[],"primary":"CLCH"},"globalImportance":5,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-micro-cap","eventGravity":"settlement-transaction","sectorWeight":"energy-materials"}},"event_type":"dilution","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Clinch Resources settled US$1,409,359 in interest owed by its subsidiary Active Resources by issuing 1,565,954 common shares at a price of C$1.25 per share.\n\nThe shares were issued to third-party creditors and are subject to a four-month statutory hold period, with final listing approval pending from the Toronto Stock Exchange.\n\nClinch Resources is a Tennessee-based metallurgical coal producer currently developing mining assets in West Virginia.","key_figures":{"dealValueUsd":1409359,"offeringPrice":"C$1.25","sharesOffered":1565954,"customDimensions":{"hold_period":"4 months and 1 day"}},"named_entities":{"people":[{"name":"Robert L. Gaylor","role":"Executive Vice President, Investor Relations"},{"name":"Scott Powell","role":"President, Skyline Corporate Communications Group"}],"products":[],"companies":[{"name":"Clinch Resources Ltd.","ticker":"CLCH"},{"name":"Active Resources, Inc.","relationship":"subsidiary"},{"name":"Toronto Stock Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$1,409,359","context":"interest owed by subsidiary Active Resources"},{"amount":"C$1.25","context":"issuance price per common share"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-15T22:43:12.064Z","global_importance":5,"audience_relevance":5,"importance_components":{"tickerTier":"small-micro-cap","eventGravity":"settlement-transaction","sectorWeight":"energy-materials"}},"durationMs":143233,"modelName":"glm-4.7"}}