---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-062483"
form_type: "8-K"
ticker: "ACRG"
cik: "0000773717"
company_name: "American Clean Resources Group, Inc."
filed_at: "2021-11-30T23:59:59+00:00"
generated_at: "2026-06-28T04:59:46.323657+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Standard Metals signs LOI to acquire SMS; majority shareholder buys judgment against company

## Summary
- Executed LOI to acquire controlling interest in Sustainable Metal Solutions, LLC; definitive terms pending due diligence.
- Majority shareholder Granite Peak Resources acquired Stephen Flechner's judgment against the company on Nov 29, 2021.
- Previous agreement formed JV where company contributes solar energy rights on 1,086 acres for SMS to develop.
- No dollar figures or closing timeline disclosed for the acquisition or the judgment acquisition.

## SEC filing metadata
- accession: 0001213900-21-062483
- form_type: 8-K
- ticker: ACRG
- cik: 0000773717
- company_name: American Clean Resources Group, Inc.
- filed_at: 2021-11-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/773717/000121390021062483/0001213900-21-062483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/773717/000121390021062483/ea151519-8k_standardmet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-062483
- JSON: https://secwatch.observer/filing/0001213900-21-062483.json
- Plain text: https://secwatch.observer/filing/0001213900-21-062483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
