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Full title: Chapter 11 Monthly Operating Report for the month ending: 03/31/2021. (Kennedy, Ellen)

Document posted on Nov 11, 2021 in the bankruptcy, 42 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Case Number Debtor 19-51200 Cambrian Holding Company,, Inc. 19-51210 Apex, Energy, Inc. 19-51211 Bear Branch Coal, LLC 19-51212 C.W. Auguring, Inc. 19-51213 Cambrian Coal LLC 19-51214 Clintwood Elkhorn Mining, LLC 19-51215 Gatliff Coal, LLC 19-51216 Marshall Resources, LLC 19-51217 Perry County Coal, LLC 19-51218 Pike-Letcher Land LLC 19-51202 PLM Holding Company LLC 19-51203 Premier Elkhorn Coal LLC 19-51204 Raven Rock Development LLC 19-51205 Ray Coal LLC 19-51206 Rich Mountain Coal, LLC 19-51207 S.T. & T. Leasing, Inc. 19-51199 Shelby Resources, LLC 19-51208 T.C.Richmond Hill Capital Partners, LP, Essex Equity Joint Venture Investment Vehicle , LLC and Alliance Prime Associate, Inc. (the "Buyers") purchased the receivables and assumed certain post peitition liabilities (trade AP, payroll, etc.) of the Clintwood Elkhorn Entities and Pristine Clean Energy LLC purchased the receivables and assumed certain post-petition liabilities of the Premier Elkhorn Entities; Perry County Resources LLC purchased the receivables and assumed certain post-petition liabilities of the Perry County Entities.Accrued Liabilities 1 ,265,387 1 ,265,387 1 ,265,387 1 ,265,387 1 ,007,680 1 ,007,680 - - - - - 1,227 (358) - - 4 59,096 438,215 7,843 101,657 - - 1 ,007,680Accrued Taxes 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 - - - 4 01,051 9 09,762 2 69,075 6 56,386 - - 5 75,407 714,928 8,607 2,286,311 - - 5 ,821,527Interest Accrued - Intercompany - - - - - - - - 4 ,326,397 2 46,488 - 1 77,971 - 3 71,807 - - - - - - ( 5,122,663) - Interest Accrued - outsiders 1 8,729,172 1 8,729,172 1 8,729,172 1 8,729,172 1 8,729,1

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UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF KENTUCKY LEXINGTON DIVISION IN RE: CAMBRIAN HOLDING COMPANY, INC., et al. CASE NO. 19-51200 (GRS) Jointly Administed DEBTOR(S) CHAPTER 11 MONTHLY OPERATING REPORT FOR MONTH ENDING March , 2021 Comes now Cambrian Holding Company, Inc., Et AI. , debtor inpossession, and herby submits its Monthly Operating Report for the period commencing1-Mar-21 and ending 2-Mar-21 as shown by the report and exhibits consisting of pages and containing the following, as indicated: X Monthly Reporting Questionnaire ( Attachment 1 ) X Comparative Balance Sheets ( Forms OPR-1 & OPR-2) X Summary of Accounts Receivable ( Form OPR-3) X Schedule of Post-Petition Liabilities ( Form OPR-4) X Statement of Income (Loss)( Form OPR-5) X Statement of Sources and Uses of Cash ( Form OPR-6) I declare under penalty of perjury that this report and all attachments are true and correctto the best of my knowledge and belief. I also hereby certify that the original Monthly OperatingReport was filed with the Bankruptcy Clerk and a copy delivered to the U.S. Trustee. Date: 11/10/2021 By: (Sig nature) Ellen Arvin Kennedy Name & Title: (Print or Type) 100 West Main Street, Ste 900 Address: Lexington, KY 40507 Telephone Number: 859-425-1000 B. Riley Advisory Services Page 1 of 13

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Case Summary Case Number Debtor 19-51200 Cambrian Holding Company,, Inc. 19-51210 Apex, Energy, Inc. 19-51211 Bear Branch Coal, LLC 19-51212 C.W. Auguring, Inc. 19-51213 Cambrian Coal LLC 19-51214 Clintwood Elkhorn Mining, LLC 19-51215 Gatliff Coal, LLC 19-51216 Marshall Resources, LLC 19-51217 Perry County Coal, LLC 19-51218 Pike-Letcher Land LLC 19-51202 PLM Holding Company LLC 19-51203 Premier Elkhorn Coal LLC 19-51204 Raven Rock Development LLC 19-51205 Ray Coal LLC 19-51206 Rich Mountain Coal, LLC 19-51207 S.T. & T. Leasing, Inc. 19-51199 Shelby Resources, LLC 19-51208 T.C. Leasing, Inc. 19-51209 Witaker Coal, LLC

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CHAPTER 11 MONTHLY OPERATING REPORT MONTHLY REPORTING QUESTIONNAIRE CASE NAME: Cambrian Holding Company, Inc., Et Al. CASE NUMBER: 19-51200 (GRS) Jointly Administed MONTH OF: March 1. Payroll State the amount of all executive wages paid and payroll taxes withheld and paid. Name and Title Wages Paid Taxes of Executive Gross Net Due Paid 2. Insurance Is workers' compensation and other insurance in effect? No Are payments current? Are payments current? No If any policy has lapsed, been replaced or renewed, state so in the schedule below. Attach acopy of the new policy's binder or cover page. Name Date of Coverage Expiration Coverage Type Carrier Amount Date Paid Thru Casualty Workers' comp. General liab. Automobile Other (specify)

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Bank Account Activity Summary Bank Account Activity Summary[1] Account Name CToEmPCLpMOan CHyoo LaldLl iCLnL gfC/ ka CToEmPCLpMOan CHyoo LaldLl iCLnL gfC/ ka CToEmPCLpMOan CHyoo LaldLl iCLnL gfC/ ka RMesaoIrnuschr.caells , ResMouarrschesa,l lI nc. ReSsLhoeLulCrbcye s, AuCgInu.Wcr.in. g, LSe.TaIn.s c&in. Tg., EneArgpye,x I nc. LeTaIn.sCcin.. g, CCaomalb LrLiaCn GatLlifLf CCoal MCiElnilniknthwgo oLronLd C ElkPhrLoeLrmnC iCero al LLaPentdick heLe-LrC PeCrroya lC LoLuCnty TOTALPurpose of Account OccupatFiounnadl Disease CompWenosrakteior'ns Fund General Checking Sweep CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg CGheencekrinalg Account Number XXXXXX1028 XXXXXX1036 XXXXXX8987 XXXXXX2089 XXXXXX7173 XXXXXX2493 XXXXXX7203 XXXXXX7238 XXXXXX7254 XXXXXX7270 XXXXXX8811 XXXXXX8995 XXXXXX9001 XXXXXX9019 XXXXXX9027 XXXXXX9035Beginning Balance 1-Mar-21 $ 12,778 $ 38,485 $ - $ - $ 10,765 $ - $ 1 ,185 $ 2 0,872 $ 2 1,560 $ 8 80 $ 8 0 $ 101 $ 1 6,467 $ 1 9,400 $ 1 ,000 $ 3 9,575 $ 1 83,148Total Check Disbursements $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total ACH/Wire Disbursements - - ( 330) - (125) - - - (9) - ( 10) - - - - - ( 474)Total Deposits - - - - - - - - - - - - - - - - - Transfers In [Interco.] - - 3 30 - - - - - - - - - - - - - 330Transfers Out [Interco.] - - - - - - - - - - - - ( 330) - - - ( 330)Balance for Debtor Transactions 12,778 38,485 - - 10,640 - 1 ,185 2 0,872 2 1,551 8 80 7 0 101 1 6,137 1 9,400 1 ,000 3 9,575 1 82,673Disbursements on behalf of Buyer (8,432) (13,729) - - - - - - - - - - - - - ( 22,161)Transfers from Buyer - - - - - - - - - - - - - - - - - Ending Balance 2-Mar-21 $ 4,347 $ 24,756 $ - $ - $ 10,640 $ - $ 1 ,185 $ 2 0,872 $ 2 1,551 $ 8 80 $ 7 0 $ 101 $ 1 6,137 $ 1 9,400 $ 1 ,000 $ 3 9,575 $ 1 60,513Account Name CToEmPCLpMOan CHyoo LaldLl iCLnL gfC/ ka ResMouarrschesa,l lI nc. C. W. Auguring, Inc. LeSa.s Tin. g&, TIn. c. ApexI nEcn.ergy, CCaomalb LrLiaCn CCaomalb LrLiaCn MCiElnilniknthwgo oLronLd C CPEorlkaehlm LoiLrenCr CCoPoaeulr LnrytLy C CCoPoaeulr LnrytLy C CouPnLetLryCr yC oal T.C. LIneca.sing, T.C. LIneca.sing, LeTaIn.sCcin.. g, CCaomalb LrLiaCn TOTALPurpose of Account General Checking Payroll Payroll Payroll Payroll REsocyraoltwy SCuAorecncttyor ouBllnoetndd Payroll Payroll Payroll REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy AAsDdUseeutpqirlouiatsyani tctee Account Number XXXXXX8781 XXXXXX7181 XXXXXX7211 XXXXXX7246 XXXXXX7262 XXXXXX5151 XXXXXX7644 XXXXXX4901 XXXXXX2901 XXXXXX8618 XXXXXX5009 XXXXXX5435 XXXXXX7411 XXXXXX8311 XXXXXX7084 XXXXXX9142Beginning Balance 1-Mar-21 $ - $ 4,379 $ 2 ,211 $ 4 ,889 $ 2,443 $ - $ - $ 2 ,290 $ 147 $ 5 ,683 $ - $ - $ - $ - $ - $ - $ 2 2,041Total Check Disbursements $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total ACH/Wire Disbursements - - - - (10) - - - - - - - - - - - ( 10)Total Deposits - - - - - - - - - - - - - - - - - Transfers In [Interco.] - - - - - - - - - - - - - - - - - Transfers Out [Interco.] - - - - - - - - - - - - - - - - - Balance for Debtor Transactions - 4,379 2 ,211 4 ,889 2,433 - - 2,290 147 5 ,683 - - - - - - 2 2,031Disbursements on behalf of Buyer - - - - - - - - - - - - - - - - - Transfers from Buyer - - - - - - - - - - - - - - - - - Ending Balance 2-Mar-21 $ - $ 4,379 $ 2 ,211 $ 4 ,889 $ 2,433 $ - $ - $ 2 ,290 $ 147 $ 5 ,683 $ - $ - $ - $ - $ - $ - $ 2 2,031Account Name T.C. Leasing, Inc. T.C. Leasing, Inc. T.C. Leasing, Inc. T.C. LIneca.sing, T.C. LIneca.sing, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, LeTaIn.sCcin.. g, T.C. LIneca.sing, T.C. LIneca.sing, CCHoaommInldpbciar.ninagyn , CCHoaommInldpbciar.ninagyn , TOTALPurpose of Account Royalty Escrow Royalty Escrow Royalty Escrow REsocyraoltwy Royalty Escrow REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy REsocyraoltwy WEinsdc-Droowwn PrioEristyc rColwaims Account Number XXXXXX567 XXXXXX8201 XXXXXX702 XXXXXX8246 XXXXXX4916 XXXXXX4865 XXXXXX2760 XXXXXX4181 XXXXXX6314 XXXXXX559 XXXXXX3815 XXXXXX3823 XXXXXX4881 XXXXXX4806 XXXXXX9221 XXXXXX3922Beginning Balance 1-Mar-21 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 470,000 $ 1,889,067 $ 2 ,359,067Total Check Disbursements $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total ACH/Wire Disbursements - - - - - - - - - - - - - - - - - Total Deposits - - - - - - - - - - - - - - - - - Transfers In [Interco.] - - - - - - - - - - - - - - - - - Transfers Out [Interco.] - - - - - - - - - - - - - - - - - Balance for Debtor Transactions - - - - - - - - - - - - - - 4 70,000 1 ,889,067 2 ,359,067Disbursements on behalf of Buyer - - - - - - - - - - - - - - - - - Transfers from Buyer - - - - - - - - - - - - - - - - - Ending Balance 2-Mar-21 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 470,000 $ 1,889,067 $ 2 ,359,067Footnotes: [1] Pursuant to the Asset Purchase Agreement dated September 20, 2019. Richmond Hill Capital Partners, LP, Essex Equity Joint Venture Investment Vehicle , LLC and Alliance Prime Associate, Inc. (the "Buyers") purchased the receivables and assumed certain post peitition liabilities (trade AP, payroll, etc.) of the Clintwood Elkhorn Entities and Pristine Clean Energy LLC purchased the receivables and assumed certain post-petition liabilities of the Premier Elkhorn Entities; Perry County Resources LLC purchased the receivables and assumed certain post-petition liabilities of the Perry County Entities. Pursuant to a TSA, the bank accounts of the Debtors continued to collect receivables and pay post-petition obligations (substantially payroll) until new accounts and IRS accounts could be established for the purchasing entities. The activity in March is buyer related transfers, receipts and disbursements of cash. [2] This Summary has been prepared on a book basis, that is, checks written in the reporting period by the Debtors, and receipts collected by the Debtors.

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Consolidated Balance Sheet Consolidated Balance Sheet 30-Sep-20 31-Oct-20 30-Nov-20 31-Dec-20 31-Jan-21 28-Feb-21 2-Mar-21Description Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated GatlLifLf CCoal CPoLmMp Hanoyld LinLgC CaCmobmrpiaann Hy,o Ilndcin.g ResMouarrcsehsa,l lI nc. Apex Energy, Inc.C.W. AInucg.uring, LeSa.sTin. g&, TIn. c. T.C. LIneca.sing, ResoSuhrceelbsy, LLC ElkChloinLrntLw CMoiondin g PremCoiearl ELlLkChorn PLikaen-Lde LtcLhCer PeCrroya lC LoLuCnty CCoaaml,b LriLaCn EAlidmjuinsatmtioenntss / ConsolidatedAssets Current Assets Cash and Equivalents $ 1 ,791,854 $ 1 ,877,358 $ 1 ,877,040 $ 1 ,716,568 $ 2 ,513,527 $ 2 ,512,992 $ 1 01 $ - $ 2 ,359,067 $ 1 5,019 $ 2 3,983 $ 3,396 $ 2 5,761 $ 8 80 $ - $ 1 8,427 $ 19,547 $ 1,000 $ 45,258 $ 7 0 $ - $ 2 ,512,508Restricted Cash 9 3,234 1 09,219 1 09,219 1 09,219 4 7,683 5 1,263 - 29,103 - - - - - - - - - - - - - 2 9,103Accounts Receivable AR Prior Affiliate $ ( 1,219,937)$ ( 1,219,937)$ ( 1,219,937)$ ( 1,219,937)$ ( 1,219,937)$ ( 1,219,937)$ - $ - $ 43,743 $ ( 1,266,180)$ - $ - $ 2 ,500 $ - $ - $ - $ - $ - $ - $ - $ - $ ( 1,219,937)AR Trade - - - - - - - - - - - - - - - - - - - - - - AR Other 4 22,247 4 22,247 4 22,247 4 22,247 4 22,247 4 22,247 14,211 - 6 ,000 9 1,170 9 ,177 1 50,000 3 6,400 - - 1 03,910 8 ,781 - 2 ,598 - - 4 22,247AR Intercompany - - - - - - 3,498,539 1 90,492,971 5 08,748,417 747,850,982 458,775,436 3 9,603,236 91,650,229 7 49,858 123,770 316,810,474 1 48,352,848 1 8,887,744 1 36,650,333 - (2,662,194,837) - Total Accounts Receivable ( 797,690) ( 797,690) ( 797,690) ( 797,690) ( 797,690) ( 797,690) 3,512,750 1 90,492,971 5 08,798,160 746,675,972 458,784,613 3 9,753,236 91,689,129 7 49,858 123,770 316,914,384 1 48,361,629 1 8,887,744 1 36,652,931 - (2,662,194,837) ( 797,690)Inventory - - - - - - - - - - - - - - - - - - - - - - Prepaid Expenses and Deposits 2 57,707 2 57,707 2 57,707 2 57,707 - - - - - - - - - - - - - - - - - - Other Current Assets - - - - - - - - - - - - - - - - - - - - - - Total Current Assets $ 1 ,251,871 $ 1 ,337,375 $ 1 ,337,057 $ 1 ,176,585 $ 1 ,715,837 $ 1 ,715,302 $ 3 ,512,851 $ 1 90,492,971 $ 5 11,157,227 $ 746,690,991 $ 458,808,596 $ 3 9,756,632 $ 91,714,890 $ 7 50,738 $ 123,770 $ 316,932,811 $ 1 48,381,176 $ 1 8,888,744 $ 1 36,698,189 $ 7 0 $ ( 2,662,194,837)$ 1 ,714,818Non-Current Assets Property, Plant & Equipment, Net $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Intercompany Notes Receivable - - - - - - - - 4 5,614,172 - - - - - - 1 ,142,400 - - - - ( 46,756,572) - Deposits / Cash Collateral 1 4,800,100 1 4,800,100 1 4,800,100 1 4,800,100 - - - - - - - - - - - - - - - - - - Other 3 4,554 3 4,554 3 4,554 3 4,554 - - - - - - - - - - - - - - - - - - Investments in Subsidiaries - - - - - - - (32,785,647) - - - - - - - - - - - - 32,785,647 - Total Non-Current Assets $ 1 4,834,654 $ 1 4,834,654 $ 1 4,834,654 $ 1 4,834,654 $ - $ - $ - $ ( 32,785,647)$ 4 5,614,172 $ - $ - $ - $ - $ - $ - $ 1 ,142,400 $ - $ - $ - $ - $ (13,970,925)$ - Total Assets $ 1 6,086,525 $ 1 6,172,029 $ 1 6,171,711 $ 1 6,011,239 $ 1 ,715,837 $ 1 ,715,302 $ 3 ,512,851 $ 1 57,707,324 $ 5 56,771,399 $ 746,690,991 $ 458,808,596 $ 3 9,756,632 $ 91,714,890 $ 7 50,738 $ 123,770 $ 318,075,211 $ 1 48,381,176 $ 1 8,888,744 $ 1 36,698,189 $ 7 0 $ ( 2,676,165,762)$ 1 ,714,818

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Consolidated Balance Sheet Consolidated Balance Sheet 30-Sep-20 31-Oct-20 30-Nov-20 31-Dec-20 31-Jan-21 28-Feb-21 2-Mar-21Description Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated GatlLifLf CCoal CPoLmMp Hanoyld LinLgC CaCmobmrpiaann Hy,o Ilndcin.g ResMouarrcsehsa,l lI nc. Apex Energy, Inc.C.W. AInucg.uring, LeSa.sTin. g&, TIn. c. T.C. LIneca.sing, ResoSuhrceelbsy, LLC ElkChloinLrntLw CMoiondin g PremCoiearl ELlLkChorn PLikaen-Lde LtcLhCer PeCrroya lC LoLuCnty CCoaaml,b LriLaCn EAlidmjuinsatmtioenntss / ConsolidatedLiabilities and Shareholders' Equity Current Liabilities ABL / Revolver / Term Loan Debt $ 113,071,027 $ 113,071,027 $ 113,071,027 $ 113,071,027 $ 113,071,027 $ 113,071,027 $ - $ - $ 1 13,071,027 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 113,071,027Premium Financing Debt - - - - - - - - - - - - - - - - - - - - - - Equipment Financing Debt 3 ,286,578 3 ,286,578 3 ,286,578 3 ,286,578 3 ,286,578 3 ,286,578 - - - 3 ,124,143 - - - - - 5 5,877 106,558 - - - - 3 ,286,578AP Trade 6 8,204,229 6 8,204,229 6 8,204,229 6 8,204,229 6 8,204,229 6 8,204,229 38,744 130,635 2 0,328,488 2 ,261,007 5 8,531 1 ,076,620 9 67,464 2 27,889 186,780 19,349,478 1 1,071,505 1 ,801,470 1 0,705,618 - - 6 8,204,229AP Intercompany ( 1) ( 1) ( 1) ( 1) ( 1) ( 1) 1,223,563 1 44,707,847 4 99,260,362 735,158,554 453,502,988 3 4,596,929 88,811,246 4,897,955 1,386,288 321,050,999 1 53,037,214 2 3,569,968 1 95,868,261 - (2,657,072,175) ( 1)AP Prior Affiliate 1 1,577,377 1 1,577,377 1 1,577,377 1 1,577,377 1 1,577,377 1 1,577,377 - - 2 ,000,000 3 13,372 - 1 ,743,700 - - - 5 ,486,148 12,473 - 2,021,684 - - 1 1,577,377Other Accrued Liabilities 1 ,265,387 1 ,265,387 1 ,265,387 1 ,265,387 1 ,007,680 1 ,007,680 - - - - - 1,227 (358) - - 4 59,096 438,215 7,843 101,657 - - 1 ,007,680Accrued Taxes 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 5 ,821,527 - - - 4 01,051 9 09,762 2 69,075 6 56,386 - - 5 75,407 714,928 8,607 2,286,311 - - 5 ,821,527Interest Accrued - Intercompany - - - - - - - - 4 ,326,397 2 46,488 - 1 77,971 - 3 71,807 - - - - - - ( 5,122,663) - Interest Accrued - outsiders 1 8,729,172 1 8,729,172 1 8,729,172 1 8,729,172 1 8,729,172 1 8,729,172 - - 1 8,720,614 8 ,558 - - - - - - - - - - - 1 8,729,172Current Portion of WC Liability - - - - - - - - - - - - - - - - - - - - - - Current Portion of BL Liability 2 ,000,000 2 ,000,000 2 ,000,000 2 ,000,000 2 ,000,000 2 ,000,000 - - - 2 ,000,000 - - - - - - - - - - 2 ,000,000Total Current Liabilities $ 223,955,296 $ 223,955,296 $ 223,955,296 $ 223,955,296 $ 223,697,589 $ 223,697,589 $ 1 ,262,307 $ 1 44,838,482 $ 6 57,706,888 $ 743,513,173 $ 454,471,281 $ 3 7,865,522 $ 90,434,738 $ 5,497,651 $ 1,573,068 $ 346,977,005 $ 1 65,380,893 $ 2 5,387,888 $ 2 10,983,531 $ - $ ( 2,662,194,838)$ 223,697,589Non-Current Liabilities Intercompany Notes Payable $ - $ - $ - $ - $ - $ - $ - $ 4 6,756,572 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ (46,756,572)$ - ARO Obligations / Reclamation Liability - - - - - - - - - - - - - - - - - - - - - - Long-term Portion of WC Liability 3 4,554 3 4,554 3 4,554 3 4,554 - - - - - - - - - - - - - - - - - - Long-Term Portion of BL Liability 1 9,416,470 1 9,416,470 1 9,416,470 1 9,416,470 4 ,616,370 4 ,616,370 - - 1 ,107,600 3 ,508,770 - - - - - - - - - - - 4 ,616,370Total Non-Current Liabilities $ 1 9,451,024 $ 1 9,451,024 $ 1 9,451,024 $ 1 9,451,024 $ 4 ,616,370 $ 4 ,616,370 $ - $ 4 6,756,572 $ 1 ,107,600 $ 3 ,508,770 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ (46,756,572)$ 4 ,616,370Total Liabilities $ 243,406,320 $ 243,406,320 $ 243,406,320 $ 243,406,320 $ 228,313,959 $ 228,313,959 $ 1 ,262,307 $ 1 91,595,054 $ 6 58,814,488 $ 747,021,943 $ 454,471,281 $ 3 7,865,522 $ 90,434,738 $ 5,497,651 $ 1,573,068 $ 346,977,005 $ 1 65,380,893 $ 2 5,387,888 $ 2 10,983,531 $ - $ ( 2,708,951,410)$ 228,313,959Owner's Equity (Deficit) Member's Capital $ ( 93,934,460)$ ( 93,934,460)$ ( 93,934,460)$ ( 93,934,460)$ ( 93,934,460)$ ( 93,934,460)$ - $ - $ ( 85,185,178)$ ( 5,006,263)$ 1,147,054 $ 1 75,118 $ ( 1,962,719)$ ( 961,061)$ - $ ( 2,141,411)$ - $ - $ - $ - $ - $ ( 93,934,460)Retained Earnings ( 133,385,335) ( 133,385,731) ( 133,300,149) ( 133,460,621) ( 132,663,662) ( 132,664,197) 2,250,544 (33,887,730) ( 16,857,911) 4 ,675,311 3 ,190,261 1 ,715,992 3 ,242,871 ( 3,785,852) (1,449,298) ( 26,760,383) (16,999,717) ( 6,499,144) (74,285,342) 7 0 32,785,648 ( 132,664,681)Total Owner's Equity (Deficit) $ ( 227,319,795)$ ( 227,320,191)$ ( 227,234,609)$ ( 227,395,081)$ ( 226,598,122)$ ( 226,598,657)$ 2 ,250,544 $ ( 33,887,730)$ ( 102,043,089)$ ( 330,952)$ 4 ,337,315 $ 1 ,891,110 $ 1,280,152 $ ( 4,746,913)$ (1,449,298)$ ( 28,901,794)$ ( 16,999,717)$ ( 6,499,144)$ ( 74,285,342)$ 7 0 $ 32,785,648 $ ( 226,599,141)Total Liabilities and Shareholders' Equity $ 1 6,086,525 $ 1 6,086,129 $ 1 6,171,711 $ 1 6,011,239 $ 1 ,715,837 $ 1 ,715,302 $ 3 ,512,851 $ 1 57,707,324 $ 5 56,771,399 $ 746,690,991 $ 458,808,596 $ 3 9,756,632 $ 91,714,890 $ 7 50,738 $ 123,770 $ 318,075,211 $ 1 48,381,176 $ 1 8,888,744 $ 1 36,698,189 $ 7 0 $ ( 2,676,165,762)$ 1 ,714,818[1]Restricted Cash includes the T.C. Leasing, Inc. Escrow accounts and the PLM Holding Company, LLC Occupational Disease Fund and Worker's Compensation Fund accounts.

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Summary of Accounts Receivable (Trade) Summary of Accounts Receivable (Trade) Month Gross Amount Current Amount 0 - 30 Days 31 - 60 Days Over 60 Days TotalJune 30, 2019 $ 2,379,531 $ 2,853,033 $ - $ - $ (473,502) $ 4,759,062July 31, 2019 5,175,926 5,443,405 207,721 - (475,200) 10,351,852August 31, 2019 2,698,680 3,173,880 - - (475,200) 5,397,360September 30, 2019 - - - - - - October 31, 2019 - - - - - - November 30, 2019 - - - - - - December 31, 2019 - - - - - - January 31, 2020 - - - - - - February 29, 2020 - - - - - - March 31, 2020 - - - - - - April 30, 2020 - - - - - - May 31, 2020 - - - - - - June 30, 2020 - - - - - - July 31, 2020 - - - - - - August 31, 2020 - - - - - - September 30, 2020 - - - - - - October 31, 2020 - - - - - - November 30, 2020 - - - - - - December 31, 2020 - - - - - - January 31, 2021 - - - - - - February 28, 2021 - - - - - - March 2, 2021 - - - - - -

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Schedule of Post Petition Liabilities Schedule of Post Petition Liabilities 30-Apr-20 31-May-20 30-Jun-20 31-Jul-20 31-Aug-20 30-Sep-20 31-Oct-20 30-Nov-20 31-Dec-20 31-Jan-21 28-Feb-21 2-Mar-21Description Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated ConsolidatedCurrent Liabilities ABL / Revolver / Term Loan Debt $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - DIP Facility - - - - - - - - - - - - Premium Financing Debt - - - - - - - - - - - - Equipment Financing Debt 351,608 351,608 351,608 351,608 351,608 351,608 351,608 351,608 351,608 351,608 351,608 351,608AP Trade - - - - - - - - - - - - AP Intercompany - - - - - - - - - - - - AP Prior Affiliate 370,167 370,167 370,167 370,167 370,167 370,167 370,167 370,167 370,167 370,167 370,167 370,167Other Accrued Liabilities (721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775) ( 721,775)Accrued Taxes - - - - - - - - - - - - Interest Accrued - Intercompany - - - - - - - - - - - - Interest Accrued - outsiders - - - - - - - - - - - - Current Portion of WC Liability - - - - - - - - - - - - Current Portion of BL Liability - - - - - - - - - - - - Total Current Liabilities $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Non-Current Liabilities NP Intercompany $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - ARO Obligations / Reclamation Liability - - - - - - - - - - - - Long-term Portion of WC Liability - - - - - - - - - - - - Long-Term Portion of BL Liability 111,022 111,022 111,022 111,022 111,022 111,022 111,022 111,022 111,022 111,022 111,022 111,022Total Non-Current Liabilities $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022Total Liabilities $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022 $ 111,022

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Summary of Post Petition Trade Payables Summary of Post Petition Trade Payables Vendor Gross Amount Future Amount 0 - 30 Days 31 - 60 Days Over 60 DaysN/A $ - $ - $ - $ - $ -Total $ - $ - $ - $ - $ -

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Statement of Income (Loss) Statement of Income (Loss) Description 30-Sep-20 31-Oct-20 30-Nov-20 31-Dec-20 31-Jan-21 28-Feb-21 GatlLifLf CCoal CHooPLmlLLdpMCian ngy CCHoaommInldpbciar.ninagyn , RMesaoIrnuscrh.caells , EneArgpye,x I nc. AuCgInu.Wcr.i.n g, LSe.TaIn.s c&i.n Tg., LeTaIn.sCci.n. g, ReSsLhoeLulCrbcye s, MCiElnilniknthwgo oLronLd C CPEorlakelhm LoiLrenrC LLaePntidck heL-eLrC CouPnLetLyrCr Cy oal CCoaaml,b LriLaCn EAlidmjuinsatmtieonntss / ConsolidatedConsolidated Consolidated Consolidated Consolidated Consolidated ConsolidatedNet Revenue $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Expenses Operating Expenses $ (547) $ (478) $ (476) $ (472) $ (540) $ (535) $ - $ ( 330) $ - $ ( 125) $ ( 19) $ - $ - $ - $ - $ - $ - $ - $ - $ ( 10) $ - $ ( 484)Maintenance Expenses - - - - - - - - - - - - - - - - - - - - - - Other Expenses / Income (19) (20) 1 58 (160,000) 7 97,500 - - - - - - - - - - - - - - - - - ARO Depreciation & Expenses - - - - - - - - - - - - - - - - - - - - - - Depreciation & Amortization - - - - - - - - - - - - - - - - - - - - - - Production and Operating Tax Expenses - - - - - - - - - - - - - - - - - - - - - - Interest Expenses - - - - - - - - - - - - - - - - - - - - - - Total Expenses $ (566) $ (498) $ (318) $ (160,472) $ 7 96,960 $ (535) $ - $ ( 330) $ - $ ( 125) $ ( 19) $ - $ - $ - $ - $ - $ - $ - $ - $ ( 10) $ - $ ( 484)Pre-Tax Income $ (566) $ (498) $ (318) $ (160,472) $ 7 96,960 $ (535) $ - $ ( 330) $ - $ ( 125) $ ( 19) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ ( 484)Income Tax Expenses $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Restructuring Related Expenses - - - - - - - - - - - - - - - - - - - - - - Net Income (Loss) $ (566) $ (498) $ (318) $ (160,472) $ 7 96,960 $ (535) $ - $ ( 330) $ - $ ( 125) $ ( 19) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ ( 484)Footnotes: [1]Other Expenses/Income include adjustments used to reconcile cash.

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Cambrian Holding Company, Inc., et al. Case Number: 19-51200 (GRS) Jointly Administered Statement of Sources and Uses of Cash (Book Basis) Statement of Sources and Uses of Cash (Book Basis) Month Ending 30-Apr-20 31-May-20 30-Jun-20 31-Jul-20 31-Aug-20 30-Sep-20 31-Oct-20 30-Nov-20 31-Dec-20 31-Jan-21 28-Feb-21 2-Mar-21Description Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated ConsolidatedBuyer Related Receipts & Disbursements Receipts on behalf of Buyer $ 1 ,634,977 $ 2 52,053 $ 1 64,913 $ 1 60,767 $ 1 80,200 $ 1 39,725 $ 1 60,207 $ 1 41,158 $ 1 41,000 $ 1 31,379 $ 1 35,340 $ - Disbursements on Behalf of Buyer ( 1,675,798) ( 194,008) ( 202,586) ( 162,194) ( 162,947) ( 177,545) ( 144,141) ( 141,000) ( 141,000) ( 138,986) ( 131,759) ( 22,161)Net Cash Flow Related to Buyer $ ( 40,821) $ 5 8,045 $ ( 37,673) $ ( 1,427) $ 1 7,254 $ ( 37,819) $ 1 6,066 $ 1 58 $ - $ ( 7,607) $ 3 ,581 $ ( 22,161)Cash Receipts Customers $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Other 1 9 1 4 - - - - 1 59,900 - - 8 50,000 - - Total Cash Receipts $ 1 9 $ 1 4 $ - $ - $ - $ - $ 1 59,900 $ - $ - $ 8 50,000 $ - $ - Operating Cash Disbursements Payroll, Health & Welfare & Related $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Bank Fees ( 423) ( 529) ( 481) ( 488) ( 505) ( 547) ( 478) ( 476) ( 472) ( 540) ( 535) ( 484)Contract Miners - - - - - - - - - - - - Contract Freight - - - - - - - - - - - - Utilities - - - - - - - - - - - - Maintenance / Supplies / Repairs / General Mining - - - - - - - - - - - - Fuel and Lube - - - - - - - - - - - - Explosives - - - - - - - - - - - - Insurance (WC Only) - - - - - - - - - - - - Insurance Premium Financing Repayment - - - - - - - - - - - - Equipment Rentals - - - - - - - - - - - - Equipment Operating Leases - - - - - - - - - - - - Equipment Notes Payable - - - - - - - - - - - - Production & other Taxes - - - - - - - - - - - - Surety Bond Payment - - - - - - - - - - - - Royalties - - - - - - - - - - - - Escrow Account Disbursement - ( 106,386) ( 125,494) - - - - - - - - - Priority Claim Escrow Disbursements - - - - - - ( 74,000) - ( 157,500) ( 52,500) - - Wind Down Escrow Disbursements - - - - - - - - ( 2,500) - - - Total Operating Cash Disbursements $ ( 423) $ ( 106,915) $ ( 125,975) $ ( 488) $ ( 505) $ ( 547) $ ( 74,478) $ ( 476) $ ( 160,472) $ ( 53,040) $ ( 535) $ ( 484)Operating Cash Flow $ ( 403) $ ( 106,901) $ ( 125,975) $ ( 488) $ ( 505) $ ( 547) $ 8 5,423 $ ( 476) $ ( 160,472) $ 7 96,960 $ ( 535) $ ( 484)Non-Operating Cash Disbursements Adequate Assurance Deposits $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Critical Vendors (Prepetition) - - - - - - - - - - - - Possessory Lien Claimants (Prepetition) - - - - - - - - - - - - ABL Facility Interest - - - - - - - - - - - - Term Lender Adequate Protection Payments - - - - - - - - - - - - Restructuring Professional Fees - - - - - - - - - - - - US Trustee Fees - - - - - - - - - - - - DIP Facility Interest & Fees - - - - - - - - - - - - Utility Payment Plan - - - - - - - - - - - - Clintwood JOD - - - - - - - - - - - - Total Non-Operating Cash Disbursements $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Net Cash Flow $ ( 403) $ ( 106,901) $ ( 125,975) $ ( 488) $ ( 505) $ ( 547) $ 8 5,423 $ ( 476) $ ( 160,472) $ 7 96,960 $ ( 535) $ ( 484)Cash Balances Beginning Cash Balances (Book) $ 2 ,162,348 $ 2 ,121,124 $ 2 ,072,268 $ 1 ,908,620 $ 1 ,906,705 $ 1 ,923,454 $ 1 ,885,088 $ 1 ,986,577 $ 1 ,986,258 $ 1 ,771,858 $ 2 ,561,210 $ 2 ,564,255Net Cash Flow (Book) ( 403) ( 106,901) ( 125,975) ( 488) ( 505) ( 547) 8 5,423 ( 476) ( 160,472) 7 96,960 ( 535) ( 484)DIP Borrowings - - - - - - - - - - - - Other Adjustments ( 40,821) 5 8,045 ( 37,673) ( 1,427) 1 7,254 ( 37,819) 1 6,066 1 58 - ( 7,607) 3 ,581 ( 22,161)Ending Cash Balance (Book) $ 2 ,121,124 $ 2 ,072,268 $ 1 ,908,620 $ 1 ,906,705 $ 1 ,923,454 $ 1 ,885,088 $ 1 ,986,577 $ 1 ,986,258 $ 1 ,825,786 $ 2 ,561,210 $ 2 ,564,255 $ 2 ,541,611Footnotes: [1]Pursuant to the Asset Purchase Agreement dated September 20, 2019. Richmond Hill Capital Partners, LP, Essex Equity Joint Venture Investment Vehicle , LLC and Alliance Prime Associate, Inc. (the "Buyers") purchased the receivables and assumed certain post peitition liabilities (trade AP, payroll, etc.) of the Clintwood Elkhorn Entities and Pristine Clean Energy LLC purchased the receivables and assumed certain post-petition liabilities of the Premier Elkhorn Entities; Perry County Resources LLC purchased the receivables and assumed certain post-petition liabilities of the Perry County Entities. Pursuant to a TSA, the bank accounts of the Debtors continued to collect receivables and pay post-petition obligations (substantially payroll) until new accounts and IRS accounts could be established for the purchasing entities. The activity in March is buyer related transfers, receipts and disbursements of cash. [2] Receipts and Dibsurbsements on behalf of the buyer from the PLM Workers Compensation and Occupational Disease Fund accounts are estimated based on prior months documentation and activity.

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CASE NAME: Cambrian Holding Company, Inc., Et Al. CASE NUMBER: 19-51200 (GRS) Jointly Administed CASH DISBURSEMENTS DETAIL DATE PAYEE AMOUNT DISBURSEMENT CATEGORY Debtor Disbursements Various Bank Fees 484.07 Bank Fees Total Debtor Disbursements $ 484.07 Buyer Disbursements Various Various 22,160.60 Payroll, Health & Welfare & RelatedVarious Buyer Transfers - Buyer TransfersTotal Buyer Disbursements $ 22,160.60 Total Disbursements $ 22,644.67

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CASE NAME: Cambrian Holding Company, Inc., Et Al. CASE NUMBER: 19-51200 (GRS) Jointly Administed CASH RECEIPTS DETAIL DATE RECEIVED FROM AMOUNT Debtor Receipts - Total Debtor Receipts $ - Buyer Receipts Various Collections and Transfers - Total Buyer Receipts $ - Total Receipts $ -

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