Pamela Schreiber
Investor Relations
Resource America, Inc.
1521 Locust Street - 6th Floor
Philadelphia, PA 19102
(215) 546-5005
(215) 546-5388 (facsimile)

Resource America, Inc. Announces the Acquisition of Viking Resources Corporation

Philadelphia, PA., September 1, 2022 - Resource America, Inc. (NASDAQ: REXI) (the "Company") announces that it has completed the acquisition of Viking Resources Corporation ("Viking") located in North Canton, Ohio. Viking has been a leading participant in the energy finance industry for more than 15 years, offering energy related investment products through a nationwide network of broker/dealers.

With this acquisition, the Company, through Atlas America, its wholly-owned energy operating subsidiary, based in Pittsburgh, PA, and Viking will manage more than 90 partnerships and joint ventures, with assets under management of approximately $490 million.

Resource America, Inc., operates a diversified financial services company engaged in equipment leasing, energy and energy finance, and real estate finance.

Statements made in this release include forward-looking statements which involve substantial risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied in this release as a result of certain factors, including competition within the energy and energy finance industry, climatic conditions and the price of oil and gas in the Appalachian area, actual versus projected volumetric production from the Company's energy investments, and the cost of supplies and services in the energy industry.
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