{"url_path":"/sec/hnrg/8-k/2026-06-26/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/788965/0000788965-26-000006-index.html","accession_number":"0000788965-26-000006","cik":"0000788965","ticker":"HNRG","issuer_name":"HALLADOR ENERGY CO","edgar_url":"https://www.sec.gov/Archives/edgar/data/788965/0000788965-26-000006-index.html","primary_entity_key":"0000788965","primary_entity_name":"HALLADOR ENERGY CO"},"word_count":332,"has_tables":true,"body_markdown":"**Item 1.01 – Entry into a Material Definitive Agreement**\n\n​\n\nOn June 25, 2026, Hallador Energy Company (the \"Company\") entered into a Second Amendment (the \"Amendment\") to its Credit Agreement, dated as of March 5, 2026 (as amended, the \"Credit Agreement\"), by and among the Company, Texas Capital Bank, as administrative agent (the \"Administrative Agent\"), and the lenders party thereto (the \"Lenders\"), which provides for, among other things, the revision of certain financial covenants under the credit facility (the “Amendment”) to reflect the ongoing improvement in the Company’s risk profile driven by the recent execution of offtake agreements and in support of the Company’s execution of its obligations under the Asset Purchase Agreement (the “APA”) between the Company and Energy World Corporation Ltd. incorporated by reference to [Exhibit 10.1](https://www.sec.gov/Archives/edgar/data/788965/000110465926069138/hnrg-20260530xex10d1.htm) to the Company’s Current Report on [Form 8-K filed on June 2, 2026.](https://www.sec.gov/Archives/edgar/data/788965/000110465926069138/hnrg-20260530x8k.htm)\n\n​\n\nThe Amendment provides for, among other things, the revision of certain financial maintenance covenants under the Credit Agreement. After giving effect to the Amendment, (i) as of the last day of each quarter ending on or after June 30, 2026, the Company’s total leverage ratio may not exceed 4.25 to 1.0, (ii) as of June 30, 2026 and September 30, 2026, the Company’s senior secured leverage ratio may not exceed 3.00 to 1.0, (iii) as of December 31, 2026 and March 31, 2027, the Company’s senior secured leverage ratio may not exceed 2.75 to 1.0, and (iv) as of the last day of each quarter ending on or after June 30, 2027, the Company’s senior secured leverage ratio may not exceed 2.50 to 1.0. The other terms and conditions of the Credit Agreement, as amended by the Amendment, remain unchanged.\n\n​\n\nThe foregoing description of the Amendment is a summary, and does not purport to be complete, and is subject to, and qualified in its entirety by reference to, the Amendment, a copy of which is attached hereto as [Exhibit 10.1](hnrg-20260625xex10d1.htm) and is incorporated herein by reference.\n\n​\n\n​"}