Empire Diversified Energy, Inc. (MPIR) announced today that its wholly owned subsidiary, Empire Trimodal Terminal LLC has acquired certain facilities from Trimodal Terminal LP located in Brooke County, West Virginia. The Facilities, with an appraised value of $39 million, were acquired with proceeds from the issuance by the West Virginia Economic Development Authoritof Dock and Wharf Revenue Bonds in the principal amount of $26 million and bearing a coupon rate of 7-5/8%. Citigroup Global Market Inc. was the underwriter for the Bonds.

The acquisition and the financing was made pursuant to an agreement between the Authority and Empire Trimodal with the proceeds being used to finance or refinance the costs of acquisition, construction and equipment of dock and wharf Facilities. The obligations of Empire Trimodal are guaranteed by MPIR.