secwatch.observer — SEC 8-K summary
======================================

Issuer:     American Clean Resources Group, Inc. (ACRG)
CIK:        0000773717
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001213900-23-013643
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/773717/000121390023013643/0001213900-23-013643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/773717/000121390023013643/ea174097-8k_americancln.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-013643

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer