On March 17, 2026, RGC Resources Inc. announced that its utility subsidiary, Roanoke Gas Company, has amended and restated its Promissory Note and entered into a Third Amendment to its Loan Agreement with Pinnacle Bank. This amendment extends the maturity date of the Revolving Note to March 31, 2028, and modifies the maximum tiered borrowing limits under the Loan Agreement. The new borrowing limits are set at $30 million for the period from March 17, 2026, through March 31, 2027, $20 million from April 1, 2027, through September 30, 2027, and again $30 million from October 1, 2027, through March 31, 2028. All other terms and requirements of the Promissory Note and Loan Agreement remain unchanged. The Guaranty previously entered into by RGC Resources with Pinnacle remains in effect, along with all previous representations, warranties, and covenants. This strategic move is expected to enhance the liquidity position of RGC Resources, allowing for continued operational execution and financial stability in the coming years.

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