Contura Announces Filing of S-1 Registration Statement

BRISTOL, Tenn., May 8, 2017 /PRNewswire/ -- Contura Energy, Inc. today announced the filing of a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock.  All shares to be sold in the IPO are proposed to be sold by selling shareholders.  The number of shares to be offered and the price range for the offering have not yet been determined.  In connection with the proposed IPO, Contura intends to apply to list its common stock on the New York Stock Exchange (NYSE) under the symbol "CTRA."

Citigroup is acting as the lead bookrunning manager for the proposed offering.  This offering will be made only by means of a prospectus.  When available, a copy of the preliminary prospectus may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (800) 831-9146.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective.  These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.  This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these 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 jurisdiction.          

A copy of Contura's S-1 filing, once available, can be viewed on the SEC's website.

ABOUT CONTURA ENERGY
Contura Energy is a private, Tennessee-based company with affiliate mining operations across multiple major coal basins in Pennsylvania, Virginia, West Virginia and Wyoming.  With customers across the globe, high-quality reserves and significant port capacity, Contura Energy reliably supplies both metallurgical coal to produce steel and thermal coal to generate power.

FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements.  These forward-looking statements are based on Contura's expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations.  These factors are difficult to predict accurately and may be beyond Contura's control.  You should also review the risk factors and other information contained in the Company's registration statement on Form S-1 filed with the SEC.  Forward-looking statements in this news release or elsewhere speak only as of the date made.  New uncertainties and risks arise from time to time, and it is impossible for Contura to predict these events or how they may affect the Company.  Contura has no duty to, and does not intend to, update or revise the forward-looking statements in this news release or elsewhere after the date this release is issued.  In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this news release may not occur. 

SOURCE Contura Energy, Inc.