Ramaco Resources Awarded $30M In Damages From Federal Jury In Insurance Lawsuit Against Federal Insurance company, ACE American Insurance Company

Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco" or the "Company") today announced that a federal jury has returned a verdict awarding $30.0 million in damages to Ramaco Resources, LLC ("Ramaco LLC"), a subsidiary of the Company, in its insurance coverage lawsuit against Federal Insurance Company and ACE American Insurance Company, both subsidiaries of the Chubb Insurance company (collectively "Chubb"). The trial was held in the Charleston Division of the United States District Court for the Southern District of West Virginia (the "Court").