---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-048438"
form_type: "8-K"
ticker: "ACRG"
cik: "0000773717"
company_name: "American Clean Resources Group, Inc."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T02:27:38.735864+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ACRG updates LOC to $52.5M, merger with SMS Group pending uplist

## Summary
- Granite Peak Resources (GPR) increased LOC to $52.5M via Third Amendment (June 12, 2023); Deed of Trust raised to $250M.
- Balance due under LOC as of March 31, 2023: $10,689,663; GPR holds 53.9% of common stock.
- GPR acquired defaulted TG Note ($774k) and Aged Note ($100k), rolled into LOC; also acquired Stephen Flechner judgment ($3.7M).
- ACRG still pursuing 80.1% acquisition of SMS Group, subject to audit, independent valuation, and uplist to NASDAQ/NYSE.

## SEC filing metadata
- accession: 0001213900-23-048438
- form_type: 8-K
- ticker: ACRG
- cik: 0000773717
- company_name: American Clean Resources Group, Inc.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/773717/000121390023048438/0001213900-23-048438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/773717/000121390023048438/ea180264-8k_american.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-048438
- JSON: https://secwatch.observer/filing/0001213900-23-048438.json
- Plain text: https://secwatch.observer/filing/0001213900-23-048438.txt

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