ROCKY MOUNTAIN INDUSTRIALS REPORTS RECORD QUARTERLY EARNINGS

DENVER, Dec. 15, 2021 /PRNewswire/ -- Rocky Mountain Industrials, Inc. (RMI), Colorado's next generation infrastructure company, reported record earnings for its fiscal 2nd quarter ended September 30, 2021. RMI reported net income of $3,003,891 for the quarter.

"The RMI team is well positioned to support Colorado's infrastructure improvement and expansion over the next decade," said Brian Fallin, CEO of RMI, "Our core, fortress assets are well situated in Colorado's high-growth corridors to facilitate infrastructure expansion."

The Rocky Mountain Rail Park's 620-acre footprint is under construction, which provides mainline rail access to service the heavy industrial market in eastern Denver Metro. RMI is bridging the current construction aggregate supply deficit in Colorado and surrounding markets.

Colorado is estimated to receive $3.7 billion for federal-aid highway apportioned programs and $225 million for bridge replacement and repairs under the Infrastructure Investment and Jobs Act over five years.¹ RMI is positioned to benefit from the surge in infrastructure spending in the region through its strategic materials and rail assets.

About RMI
Rocky Mountain Industrials, Inc. is a materials infrastructure and distribution organization strategically positioned to serve the Rocky Mountain Region.

Media Contact
Elana Weiss
The Rose Group 
[email protected] 

CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements. The words "anticipate," "assume," "believe," "budget," "estimate," "expect," "forecast," "initial," "intend," "may," "plan," "potential," "project," "proposed," "should," "will," "would," and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate to, among other things, RMI's strategic position and prospects and legislative developments.  These statements involve several known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include the matters discussed in the "Risk Factors" section of RMI's filings with the Securities and Exchange Commission, all of which are incorporated by reference herein. The forward-looking statements in this press release speak as of the date of this release. Although RMI may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.

¹ https://www.whitehouse.gov/wp-content/uploads/2021/08/COLORADO_The-Infrastructure-Investment-and-Jobs-Act-State-Fact-Sheet.pdf

SOURCE Rocky Mountain Industrials Inc.