---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-013643"
form_type: "8-K"
ticker: "ACRG"
cik: "0000773717"
company_name: "American Clean Resources Group, Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:56:13.220433+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ACRG increases secured amount to $100M via deed of trust amendment

## Summary
- Filed amendment to Deed of Trust increasing secured amount to $100M, covering existing $35M LOC and future advances.
- Granite Peak Resources, majority shareholder and largest debtholder, is the secured party.
- Deed of Trust recorded on February 21, 2023, securing all assets including subsidiary stock.
- Amendment follows January 5, 2023 Forbearance Agreement that increased LOC to $35M.

## SEC filing metadata
- accession: 0001213900-23-013643
- form_type: 8-K
- ticker: ACRG
- cik: 0000773717
- company_name: American Clean Resources Group, Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/773717/000121390023013643/0001213900-23-013643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/773717/000121390023013643/ea174097-8k_americancln.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-013643
- JSON: https://secwatch.observer/filing/0001213900-23-013643.json
- Plain text: https://secwatch.observer/filing/0001213900-23-013643.txt

## Key facts
- Material Agreements
  American Clean Resources Group, Inc. amended Amendment and Forbearance Agreement with Granite Peak Resources (GPR) valued at $35,000,000 (effective 2023-01-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Granite Peak Resources (GPR)
  - Value: $35,000,000
  - Effective: 2023-01-05
  source text: As previously disclosed in the Form 8-K file with the Commission on January 6, 2023, American Clean Resources Group, Inc. (the “Company”) entered into an Amendment and Forbearance Agreement with Granite Peak Resources (“GPR”), a related party, on January 5, 2023 wherein GPR agreed to increase its existing Line of Credit (“LOC”) to $35,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/773717/000121390023013643/0001213900-23-013643-index.htm

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