Market Overview

Warrior Met Coal Announces Pricing of Secondary Offering by Certain Selling Stockholders


Warrior Met Coal, Inc. (NYSE:HCC) ("Warrior" or the "Company") announced
the pricing of an underwritten secondary offering of 2,204,806 shares of
its common stock by certain of its existing stockholders (the "selling
stockholders") at a public offering price of $25.50 per share.

The selling stockholders will receive all of the net proceeds from the
offering. The Company is not offering any shares of common stock in the
offering and will not receive any proceeds from the sale of shares in
the offering.

The offering is expected to close on August 13, 2018, subject to the
satisfaction of customary closing conditions.

Morgan Stanley is acting as the underwriter for the offering. The
offering is being made pursuant to an effective automatic shelf
registration statement on Form S-3 previously filed by the Company with
the Securities and Exchange Commission (the "SEC"). The offering is
being made only by means of a prospectus and related prospectus
supplement, copies of which may be obtained on the website of the SEC,,
or, when available, from Morgan Stanley & Co. LLC, Attn: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York 10014.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or

About Warrior

Warrior is a large scale, low-cost U.S. based producer and exporter of
premium hard coking coal ("HCC"), operating highly efficient longwall
operations in its underground mines located in Alabama. The HCC that
Warrior produces from the Blue Creek coal seam contains very low sulfur
and has strong coking properties and is of a similar quality to coal
referred to as the premium HCC produced in Australia. The premium nature
of Warrior's HCC makes it ideally suited as a base feed coal for steel
makers and results in price realizations near the Platts Premium Low
Volatility Free-On-Board Australia Index price. Warrior sells all of its
met coal production to steel producers in Europe, South America and
Asia. For more information about Warrior, please visit

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical facts, included in this
press release that address activities, events or developments that the
Company expects, believes or anticipates will or may occur in the future
are forward-looking statements. The words "believe," "expect,"
"anticipate," "plan," "intend," "estimate," "project," "target,"
"foresee," "should," "would," "could," "potential," or other similar
expressions are intended to identify forward-looking statements.
However, the absence of these words does not mean that the statements
are not forward-looking. These forward-looking statements represent
management's good faith expectations, projections, guidance or beliefs
concerning future events, and it is possible that the results described
in this press release will not be achieved. Specifically, the Company
cannot assure you that the proposed transactions described above will be
consummated on the terms the Company currently contemplates, if at all.
Information concerning these and other factors can be found in the
Company's filings with the SEC, including its Annual Report on Form 10-K
for the year ended December 31, 2017, Quarterly Reports on Form 10-Q for
the quarterly periods ended March 31, 2018 and June 30, 2018 and other
reports filed from time to time with the SEC. The Company's filings with
the SEC are available on the SEC's website at

Any forward-looking statement speaks only as of the date on which it
is made, and, except as required by law, the Company does not undertake
any obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise. New
factors emerge from time to time, and it is not possible for the Company
to predict all such factors.

View Comments and Join the Discussion!