Hallador Energy Company entered into a Second Amendment to its March 5, 2026, Credit Agreement. The amendment revises financial maintenance covenants to better align with the company's current risk profile. The total leverage ratio limit is increased to 4.25 to 1.0 for periods ending on or after June 30, 2026. Senior secured leverage ratio limits are tiered: 3.00 to 1.0 (June-Sept 2026), 2.75 to 1.0 (Dec 2026-March 2027), and 2.50 to 1.0 (from June 30, 2027). The changes support the company's obligations under the Asset Purchase Agreement with Energy World Corporation Ltd.