ACRG receives non-binding LOI from Elko Heat for up to $40M in joint development capital for Millers solar project

American Clean Resources Group, Inc.

Elko Heat Company commits to use commercially reasonable efforts to arrange up to $40M for BLM Solar Energy Zone lease and solar development at Millers Property in Nevada.
LOI is non-binding; funding subject to due diligence, EHC Investment Committee approval, BLM lease issuance, and definitive documentation.
EHC intends to provide a written status update by end of August 2026 as a soft interim milestone.
Capital is for energy infrastructure, not mineral activities; EHC is a geothermal utility operating since 1982.
LOI builds on June 2026 Joint Exploration and Development Agreement with TRG Holdings, LLC covering the Millers Property.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.