ACRG restructures SMS acquisition to direct purchase of Cross-Caribou mining asset

American Clean Resources Group, Inc.

2022 agreement to acquire 80.1% of Sustainable Metal Solutions superseded by 2026 Asset Acquisition.
New transaction targets the Cross-Caribou mining permit currently held by Grand Island Resources (SMS subsidiary).
No definitive agreement yet; completion subject to negotiation, fairness opinion, and regulatory approvals.
Company states no assurance that the proposed asset acquisition will be completed on any terms.

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