---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-001547"
form_type: "8-K"
ticker: "AREC"
cik: "0001590715"
company_name: "American Resources Corp"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:18:51.305449+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Carbon acquires 51% of TR Mining for 6% equity stake valued at ~$19.3M

## Summary
- Acquisition of 51% interest in TR Mining's mineral deposit (iron ore, titanium, vanadium) plus exclusive offtake rights.
- Consideration: ~6% of ACC equity to TR Mining owners, valued at approximately $19.305 million.
- Initial estimate: 212.9M tons raw feedstock; 106.5M tons ore body at 50% magnetic material average.
- Deposit includes onshore and offshore Jamaican reserves under Special Exclusive Prospecting License No. 611.
- Third-party reserve analysis by Ja-GeoS; deal closed February 5, 2024.

## SEC filing metadata
- accession: 0001654954-24-001547
- form_type: 8-K
- ticker: AREC
- cik: 0001590715
- company_name: American Resources Corp
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590715/000165495424001547/0001654954-24-001547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590715/000165495424001547/arec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-001547
- JSON: https://secwatch.observer/filing/0001654954-24-001547.json
- Plain text: https://secwatch.observer/filing/0001654954-24-001547.txt

## Key facts
- Material Agreements
  American Resources Corp entered into Share Purchase Agreement with T.R. Mining & Equipment Ltd. valued at approximately 6% of the primary shares outstanding of ACC (effective 2024-02-05).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: T.R. Mining & Equipment Ltd.
  - Value: approximately 6% of the primary shares outstanding of ACC
  - Effective: 2024-02-05
  source text: to where ACC has purchased 51% of the fully diluted shares outstanding of TR Mining in exchange for approximately 6% of the primary shares outstanding of ACC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590715/000165495424001547/0001654954-24-001547-index.htm

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