HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

MV CAPITAL MANAGEMENT, INC.'s Holding History (CIK: 0001633366)

Note: Option positions (PUT/CALL) are excluded.

Q3 2017

Shares 281 Value ($000) $2 Avg Close $6.49 Range $5.28 - $8.40

Q2 2017

Shares 281 Value ($000) $2 Avg Close $7.50 Range $6.15 - $8.42

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	281	$2	$6.49	$5.28 - $8.40
Q2 2017	281	$2	$7.50	$6.15 - $8.42