HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

Voss Capital, LLC's Holding History (CIK: 0001730145)

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

Q3 2020

Shares 50,000 Value ($000) $33 Avg Close $0.72 Range $0.61 - $1.10

Q2 2020

Shares 50,000 Value ($000) $33 Avg Close $0.77 Range $0.60 - $1.29

Q1 2020

Shares 67,874 Value ($000) $64 Avg Close $1.60 Range $0.81 - $3.00

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	50,000	$33	$0.72	$0.61 - $1.10
Q2 2020	50,000	$33	$0.77	$0.60 - $1.29
Q1 2020	67,874	$64	$1.60	$0.81 - $3.00