Natural Resource Partners LP 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2012
Natural Resource Partners L.P.
(Exact name of registrant as specified in its charter)
601 Jefferson, Suite 3600
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (713) 751-7507
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 2.01. Completion of Acquisition or Disposition of Assets.
On February 2, 2012, NRP completed its fifth acquisition of coal reserves at the Deer Run mine in Illinois for $40 million from Colt LLC, an affiliate of the Cline Group. The acquisition was funded with cash. NRP has paid $215 million of the $255 million slated for the acquisition of approximately 200 million tons of reserves. The final closing contemplated under the Purchase Agreement is anticipated to occur in the third quarter of 2012. The Deer Run mine is located near Hillsboro in Montgomery and Bond Counties, Illinois and the coal reserves are leased to the mining company Hillsboro Energy, an affiliate of the Cline Group.
A copy of the press release announcing the transaction is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
February 3, 2012