other material
confidence medium
sentiment neutral
materiality 0.40
Standard Metals Processing signs definitive agreement to acquire Sustainable Metal Solutions
American Clean Resources Group, Inc.
- Definitive agreement signed Jan 10, 2022 to acquire controlling interest in Sustainable Metal Solutions (SMS).
- Purchase price based on SMPR common stock price at closing; closing subject to due diligence and conditions.
- Company plans name change and ticker change, up list to OTCQB, then to NASDAQ/NYSE after SMS audits.
- SMS is an environmental platform focused on carbon-neutral precious metals and American mineral independence.