Highest-materiality recent filing
Board authorizes $20M share repurchase program for Class A common stock
Program approved July 12, 2026; up to $20M of Class A common stock may be repurchased.
American Resources posts updated investor presentation; content not available for analysis
Investor presentation posted to company website on June 4, 2026 and furnished as Exhibit 99.1.
Received Nasdaq notice on April 24, 2026 for failure to timely file FY 2025 Form 10-K.
American Resources regains Nasdaq compliance for annual meeting rule
Nasdaq notified Company on April 17, 2026 that it regained compliance with Listing Rule 5620(a).
American Resources appoints LaVerghetta to board; Sauve steps down as director
Shareholders elected all five director nominees at annual meeting with over 77% for each.
American Resources subsidiary EMCO may raise $3-20M in convertible preferred stock
EMCO may issue $3-20M of convertible preferred shares in a private placement.
American Resources gets Nasdaq extension to hold annual meeting by April 15
Nasdaq granted extension for Listing Rule 5620(a) compliance until April 15, 2026.
Nasdaq notifies American Resources of annual meeting noncompliance; plan due Feb 27, 2026
Received Nasdaq letter on Jan 13, 2026 for failing to hold annual meeting within 12 months of FY2024 end.
Dismissed GBQ Partners LLC as independent auditor on November 21, 2025; GBQ's reports for FY2023-2024 included a going concern explanatory paragraph.
ReElement Technologies receives $80M loan from OSC; Vulcan Elements receives $620M loan, both matched by private capital.
American Resources Corp. raises ~$40M in private placement of common stock and pre-funded warrants
Offering: 2,661,764 shares at $5.10 and 5,181,374 pre-funded warrants at $5.0999 each, ~$40M gross proceeds.
American Resources Corp. raises $33.7M in common stock private placement at $3.55/share
Sold 9,480,282 shares at $3.55 per share, gross proceeds of approximately $33.7 million.
AREC announces $33.7M private placement of 9.48M shares of common stock at $3.55/share
Gross proceeds ~$33.7M from sale of 9,480,282 shares at $3.55 per share; closing expected Oct 14 or 15, 2025.
American Resources regains Nasdaq minimum bid price compliance; matter closed
Received Nasdaq letter on July 28, 2025 confirming compliance with Listing Rule 5550(a)(2).
Nasdaq notified American Resources on May 29, 2025 of noncompliance due to untimely 10-Q for fiscal year ended March 31, 2025.
Received Nasdaq letter on April 24, 2025 for failure to timely file FY2024 10-K.
Nasdaq notified company on Feb 19, 2025 of noncompliance with $1.00 minimum bid price rule (Listing Rule 5550(a)(2)).
American Resources subsidiary AIC completes share exchange with CGrowth Capital Inc.
On January 28, 2025, American Infrastructure Corporation (AIC) completed a Share Exchange Agreement with CGrowth Capital Inc. (CGRA).
CGRA to purchase 100% of AIC common stock; AIC shareholders receive 10M newly created Series A Preferred shares.
American Resources subsidiary American Infrastructure completes 1-for-7 reverse stock split
Reverse stock split of American Infrastructure Corporation effective December 4, 2024.
American Resources Q3 net loss widens to $9.8M; revenue plunges to $235K from $5.8M
Net loss of $9.8M ($0.13/share) vs net loss of $274K ($0.00) in Q3 2023; adjusted EBITDA loss of $6.9M vs positive $1.27M.
American Resources regains Nasdaq minimum bid price compliance
Received Nasdaq letter on Nov 12, 2024 confirming compliance with Listing Rule 5550(a)(2).
AREC Q2 net loss $6.6M; revenue falls to $4K; closes $150M bond for lithium refinery
Net loss of $6.6M ($0.09 EPS) vs $7.6M loss ($0.10) in Q2 2023; adjusted EBITDA loss $3.9M.
American Resources receives Nasdaq bid price deficiency notice; cure period ends Jan 27, 2025
Stock failed to maintain minimum $1.00 bid price for 31 consecutive business days.
American Resources reports shareholder re-election of all directors and auditor ratification
All five director nominees re-elected at July 16, 2024 Annual Meeting; votes for ranged from 34.9M to 36.1M.
American Resources subsidiary to merge with SPAC AITR in $100M deal plus up to $70M earnout
American Metals LLC, subsidiary of American Resources, entered Business Combination Agreement with AI Transportation Acquisition Corp (AITR) and Electrified Materials Corp (Pubco) on June 28, 2024.
American Resources Q1 net loss $6.23M; revenue drops to $94K from $8.87M YoY
Q1 net loss $6.23M ($0.03/sh) vs. $3.1M loss ($0.04/sh) a year ago; adjusted EBITDA loss $4.84M vs. $1.59M.
American Resources adjusts record date for special dividend of American Carbon Corp to May 27, 2024
Record date for special dividend of American Carbon Corporation changed to May 27, 2024; distribution date to June 11, 2024.
American Resources Corporation appoints GBQ Partners LLC as new auditor effective May 10, 2024
Appointed GBQ Partners LLC as independent registered public accounting firm on May 10, 2024.
American Resources dismisses auditor BF Borgers after SEC bans firm from practice
Dismissed BF Borgers as independent auditor on May 3, 2024; BF Borgers is currently banned from SEC practice under Rule 102(e).
AREC subsidiary closes $150M bond financing for Kentucky lithium refinery
ReElement Technologies closed $150M Industrial Building Revenue Bonds (Series 2024) with Hilltop Securities and Knott County, KY.
American Resources reports FY 2023 results; press release text not provided in filing
Filing under Item 2.02 indicates earnings release for full year 2023 was issued on March 28, 2024.
American Resources receives unsolicited proposal to spin off subsidiaries; ReElement valued at $300M
Unsolicited letter from shareholder/former board member proposes spinout/sale of American Carbon, ReElement, and Novusterra.
American Carbon acquires 51% of TR Mining for 6% equity stake valued at ~$19.3M
Acquisition of 51% interest in TR Mining's mineral deposit (iron ore, titanium, vanadium) plus exclusive offtake rights.
American Resources appoints former US Ambassador Mark Gilbert to ReElement Technologies board
Former US Ambassador Mark Gilbert appointed to board of wholly owned subsidiary ReElement Technologies.
CEO discusses former CIA exec Higgins joining ReElement board in video
CEO Mark Jensen appeared in a Virtual Investor video on Jan 3, 2024.
American Resources posts Q3 net income of $3.48M; LOIs for carbon assets total ~$300M
Net income of $3.48M ($0.05 EPS) vs loss of $5.27M ($0.08 loss) YoY; adjusted EBITDA $4.75M.
American Resources closes $44.9M bond incentive for Marion critical mineral campus
City of Marion issued $44.9M tax increment financing bond for ReElement's 42-acre refining campus.
Josh Hawes appointed as independent director and Audit Committee member, effective Sept 6, 2023.
American Resources Q2 revenue drops 88% to $1.98M; receives LOIs for carbon assets worth ~$300M
Q2 net loss of $1.0M ($0.01/share) vs $2.44M loss in Q2 2022; revenue fell to $1.98M from $16.2M.
AREC subsidiary to sell Deane Mining assets for $20.6M enterprise value
Binding LOI with Integrity Carbon Solutions for Deane Mining complex assets.
American Resources shareholders re-elect all five directors, ratify auditor
Annual meeting held July 18, 2023; all five director nominees re-elected to one-year terms.
American Resources receives $260M unsolicited bid for American Carbon; board rejects it
Unsolicited bid valued American Carbon at ~$260M implied enterprise value with $12M cash upfront, debt assumption, and royalty stream over 12 years.
American Resources enters lithium spodumene offtake for up to 20,000 mt/month
Agreement grants right of first refusal for 5,000 metric tons/month of 6%+ lithium spodumene ore, scaling to 20,000+ mt/month.
American Resources subsidiary sells $45M bonds at 9% for rare earth and coal facility expansion
WCC sold $45M Solid Waste Disposal Facility Revenue Bonds (9% interest, due June 8, 2038) with $900K underwriting discount.
American Resources Q1 net loss $3.1M, revenue $8.87M; ReElement achieves ultra-pure lithium
Q1 2023 net loss of $3.1M ($0.04 loss per share) vs $2.75M loss in Q1 2022.
AREC reports record 2022 revenue $39.5M, Q4 net income $9.5M, adjusted EBITDA $11.4M
Full year 2022 revenue $39.5M, up >400% from $7.76M in 2021.
American Resources reduces debt by $9.9M as convertible holder converts to equity
Golden Properties converts $9,891,241 of senior convertible debentures into 9,420,230 shares of class A common stock.
American Resources files Form 10 for spin-off of ReElement Technologies
Filing of Form 10 with SEC for spin-off of ReElement into standalone public company.
Net loss $5.27M ($0.08 loss per share) vs $8.91M loss ($0.15) in Q3 2021; revenue $9.51M, up 238% YoY.
Additionally, on September 6, 2023 Michael Layman stepped down as an independent director of the board effective immediately and will assume an advisory role with the Company on its Advisory Board.
Effective September 6, 2023, the Board of Directors (the “Board”) of American Resources Corporation (or the “Company”) appointed Josh Hawes to the Board of Directors.
Max materiality 0.90 · Median 0.62 · Most common event other_material