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Foresight Energy pays distribution, decreases exercise price of warrants

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Foresight Energy pays distribution, decreases exercise price of warrants

Foresight Energy LP paid a distribution to holders of its common units of 5.65 cents per unit on Aug. 31.

As a result of the distribution, the exercise price of its warrants decreased to 82.70 cents from 83.94 cents. The number issuable also increased to 13.8 from 13.6, according to a Form 8-K filed Sept. 4.