Signature Sponsor
Westmoreland Coal Company and Westmoreland Resource Partners, LP Announce Expiration of Tender Offer to Purchase Common Units of Westmoreland Resource Partners, LP



March 14, 2019 - Westmoreland Coal Company (“Westmoreland”) (OTCMKTS: WLBAQ) and Westmoreland Resource Partners, LP (“WMLP” and, together with Westmoreland, the “Company”) (OTCMKTS: WMLPQ), today announced that as of one minute after 11:59 p.m. Eastern Time, on March 13, 2019 (the “Expiration Time”), 182,448 common units representing limited partner interests in WMLP (“Common Units”) were validly tendered and accepted for purchase by Westmoreland Coal Company Asset Corporation, a wholly owned subsidiary of Westmoreland, in Westmoreland’s previously announced tender offer (the “Offer”). 


Upon purchase of the tendered Common Units, Westmoreland will own 182,448 Common Units, representing 14.2% of the outstanding WMLP Common Units, which together with the equity securities of WMLP that are convertible into Common Units owned by WCC, represents an approximately 95.2% beneficial limited partner interest in WMLP on an as converted basis.