other material
confidence high
sentiment neutral
materiality 0.60
American Clean Resources issues 1.6M shares to Granite Peak to convert $1.73M debt at ~$1.05/share
American Clean Resources Group, Inc.
- Issued 1,644,906 shares to Granite Peak Resources on Dec 31, 2025 for conversion of ~$1,727,152 debt (implied price ~$1.05/sh).
- Granite Peak now beneficially owns 82.2% of outstanding common stock.
- Shares issued in reliance on Section 4(a)(2) and/or Reg D exemption; not registered.
- Granite Peak to file Form 4 reporting the acquisition within required period.