To the Trust’s management and are current only as of the date made. Such forward-looking statements are based on information presently available The Private Securities Litigation Reform Act of 1995, as amended. The cover page XBRL tags are embedded within the inline XBRL document (contained in Exhibit 101)įorm 8-K and exhibit may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,Īs amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and made pursuant to the safe harbor provisions of Purchase and Sale of Overriding Royalty Interest in Federal Coal Lease MTM-069782 and MTM-110692 by and between the Kiewit Royalty Trust and Navajo Transitional Energy Company, LLC dated June 18, 2021 – filed herewithĬover Page Interactive Data File. Item 9.01 Financial Statements and Exhibits If the auction is successful and NTEC purchases the interests in the SpringĬreek Mines, the Trust intends to petition the applicable court to liquidate and wind up the operations of the Trust pursuant to the terms Will be subject to court approval or Unit Holder approval.
Following the auction, any sale transaction In September 2021, and it is unknown whether the Trust will have any bidders for these assets. In all of the remaining leases (other than the leases being sold to NTEC) in order to monetize these agreements. The Trust intends to auction its royalty interests The information set forth in Item 1.01 of thisĬurrent report on Form 8-K is incorporated by reference herein.
#Ca spb vpos full
The foregoing description of the agreementĭoes not purport to be complete and is subject to, and qualified in its entirety by, the full text of the agreement.Ĭompletion of Acquisition or Disposition of Assets Of $105,000, less advance minimum royalties previously received by the Trust of $20,715.67, for an anticipated cash payment of $84,274.33.
#Ca spb vpos free
At closing, the Trust has agreed to convey to NTEC the leases free and clear of all liens in exchange for a total cash value The agreement is subject to various closing conditions, including either court approval or Unit Holder approval of the Has agreed to purchase certain overriding royalty interests owned by the Trust in certain Spring Creek Mines, identified as lease MTM-069782Īnd MTM-110692. “Trust”) entered into an agreement with Navajo Transitional Energy Company, LLC (“NTEC”) pursuant to which NTEC On July 28, 2021, Kiewit Royalty Trust (the Has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuantĮntry into a Material Definitive Agreement If an emerging growth company, indicate by check mark if the registrant
Of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter). Is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 Indicate by check mark whether the registrant Securities registered pursuant to Section 12(b) of Pre-commencement communications pursuant to Rule 13e-4(c) under Pre-commencement communications pursuant to Rule 14d-2(b) under Soliciting material pursuant to Rule 14a-12 under the Exchange Written communications pursuant to Rule 425 under the Securities (Registrant's telephone number, including areaĬheck the appropriate box below if the Form 8-Kįiling is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: (Exact name of registrant as specified in its charter) Date of Report (Date of earliest event reported):
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