• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    American Resources Corporation Sets Record Date of December 31, 2024 for Special Dividend and Closes Initial Investments of Private Funding for ReElement Technologies Corporation

    11/14/24 6:30:00 AM ET
    $AREC
    Coal Mining
    Energy
    Get the next $AREC alert in real time by email

    ReElement Technologies closes initial investments of its private investment round into ReElement from group of investors including members of management

    American Resources is distributing 1 share of ReElement Technologies for every 3 shares of American Resources Corporation as of the Record Date

    FISHERS, IN / ACCESSWIRE / November 14, 2024 / FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the modern infrastructure and electrification sectors, today announced a special dividend of shares in its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement") ("Special Dividend"). The Special Dividend will be distributed on or about February 15, 2025 to shareholders of record as of December 31, 2024 ("Record Date").

    Additionally, the Company is pleased to report that ReElement Technologies, a leading provider of high-performance refining capacity for rare earth and critical battery elements, has successfully closed on initial investments as part of its private financing. This initial investment is part of an ongoing private financing round with a rolling close of up to $20 million. The investments were structured as two-year convertible notes with a 12% annual interest rate. These notes can convert into common shares of ReElement Technologies at a pre-money valuation of $150 million, translating to approximately $1.94 per share of American Resources common stock, based on the common shares outstanding as reported in the last quarter.

    Mark Jensen, CEO and Chairman of American Resources Corporation commented, "Positioning our divisions for growth and maximizing shareholder value is our top priority. ReElement Technologies is the most exciting venture I've ever been part of, and the opportunities to meet the demands of the electrified economy and strengthen national security through a reliable critical mineral supply chain are enormous. Our mission is clear: to set the global standard for refining critical minerals. We're incredibly proud of our team's achievements so far and the strong foundation we've built for future growth. As a standalone company, ReElement will be even better positioned to execute its business plan and formally launch our exceptional Board of Directors."

    American Resources Corporation will be distributing one share of ReElement Technologies Corporation for every three shares American Resources owned as of the Record Date.

    The Company has engaged VStock Transfer, LLC ("VStock") as its transfer agent and the special dividend will be handled by VStock. The planned Special Dividend shall be subject to compliance with applicable rules and regulations.

    About ReElement Technologies Corporation

    ReElement Technologies Corporation, a wholly owned subsidiary of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.

    About American Resources Corporation

    American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.

    American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

    Special Note Regarding Forward-Looking Statements

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

    Investor Contact:

    JTC Team, LLC
    Jenene Thomas
    (908) 824 - 0775
    [email protected]

    RedChip Companies Inc.
    Robert Foley
    1-800-RED-CHIP (733-2447)
    [email protected]

    Company Contact:
    Mark LaVerghetta
    317-855-9926 ext. 0
    [email protected]

    SOURCE: American Resources Corporation



    View the original press release on accesswire.com

    Get the next $AREC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AREC

    DatePrice TargetRatingAnalyst
    11/16/2021$4.00 → $3.75Buy
    HC Wainwright & Co.
    8/18/2021$4.50 → $4.00Buy
    HC Wainwright & Co.
    More analyst ratings

    $AREC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Golden Properties Ltd. decreased direct ownership by 5% to 14,389,960 units (SEC Form 4)

      4 - American Resources Corp (0001590715) (Issuer)

      7/24/24 3:35:25 PM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Financials

    Live finance-specific insights

    See more
    • American Resources Corporation Announces Record Date for Distribution of the Remaining Majority of American Infrastructure Corporation Shares

      American Infrastructure Corporation is set to complete the process of becoming a standalone entity, focusing on being a diversified supplier of infrastructure raw materials FISHERS, IN / ACCESSWIRE / December 20, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") announced today that it will complete the spin-off of its subsidiary, American Infrastructure Corporation (or "AIC"), through a distribution of nearly all remaining shares of AIC currently owned by AREC. The Company previously announced its intent to spin-off AIC via a special dividend of shares ("Special Dividend"). A portion of those shares were distributed to the shareholder of American Re

      12/20/24 3:30:00 AM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation Reports Third Quarter 2024 Financial Results and Provides Business Outlook

      The first domestic, commercial producer of separated and high-purity REEs from ores and recycled permanent magnets and high-purity battery elements from ores, concentrated brines and recycled feedstocksCompany's patented chromatographic separation and purification process leading the world in efficient, environmentally-safe critical mineral refiningCompany is rapidly adding strategic partners to synthesize a robust critical mineral supply chainCompany continues execution on subsidiary spin-offs; announces record date for ReElement spin-offCompany to host update conference call today at 4:30 PM ET FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("Am

      11/14/24 4:10:00 PM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation Sets Record Date of December 31, 2024 for Special Dividend and Closes Initial Investments of Private Funding for ReElement Technologies Corporation

      ReElement Technologies closes initial investments of its private investment round into ReElement from group of investors including members of managementAmerican Resources is distributing 1 share of ReElement Technologies for every 3 shares of American Resources Corporation as of the Record Date FISHERS, IN / ACCESSWIRE / November 14, 2024 / FISHERS, IN / ACCESSWIRE / November 14, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the modern infrastructure and electrification sectors, today announced a special dividend of sh

      11/14/24 6:30:00 AM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • American Resources to Participate in the "2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals", Presented by Maxim Group LLC on Thursday, January 16th at 11:00 a.m. E.T.

      FISHERS, IN / ACCESSWIRE / January 14, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process, today announced that they have been invited to present at the "2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals", Presented by Maxim Group LLC, on Thursday, January 16th, 2025, at 11:00 a.m. E.T.The Maxim Group LLC "2025 Mining Conference: Mining & Supplying Critical Minerals & Precious Metals" will include virtual conversations with companies to identify future trends in mining and supplying critical

      1/14/25 8:00:00 AM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation's ReElement Technologies and LVC Global Holdings Launch "ReElement Middle East" to Advance Critical Minerals Processing in the Region

      FISHERS, IN and RIYADH, SAUDI ARABIA / ACCESSWIRE / January 13, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), through its holding company, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity of rare earth and critical battery elements, has partnered with LVC Global Holdings, a premier asset acquisition and advisory firm, to announce the formation of ReElement Middle East.The joint venture aims to revolutionize the processing of critical minerals and strategic metals in the Middle East and is strategically aligned with Saudi Arabia's Vision 2030, which seeks to establish the country as a glob

      1/13/25 8:00:00 AM ET
      $AREC
      Coal Mining
      Energy
    • January 2025 Update Letter to Shareholders

      Following the recent distribution of Company subsidiaries, the remaining operations now feature a highly efficient structure with minimal overhead and a business model focused on asset and operational growthCompany is uniquely positioned as an expanding provider of critical materials, including, rare earth, battery and semiconductor elements for defense and commercial applications FISHERS, IN / ACCESSWIRE / January 8, 2025 /To our shareholders:2024 marked a pivotal year of positioning and preparing our subsidiaries and business for growth and expansion as a leading players in the critical mineral supply chain. This strategic direction stemmed from the recommendations of our Board of Director

      1/8/25 8:00:00 AM ET
      $AREC
      $RMCO
      Coal Mining
      Energy
      Multi-Sector Companies
      Miscellaneous

    $AREC
    SEC Filings

    See more
    • American Resources Corporation filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits

      8-K - American Resources Corp (0001590715) (Filer)

      4/30/25 6:50:55 PM ET
      $AREC
      Coal Mining
      Energy
    • SEC Form NT 10-K filed by American Resources Corporation

      NT 10-K - American Resources Corp (0001590715) (Filer)

      3/31/25 4:05:04 PM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits

      8-K - American Resources Corp (0001590715) (Filer)

      2/24/25 4:40:36 PM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D filed by American Resources Corporation

      SC 13D - American Resources Corp (0001590715) (Subject)

      8/28/23 6:09:48 AM ET
      $AREC
      Coal Mining
      Energy
    • SEC Form SC 13D filed by American Resources Corporation

      SC 13D - American Resources Corp (0001590715) (Subject)

      8/28/23 6:08:58 AM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Golden Properties Ltd. decreased direct ownership by 5% to 14,389,960 units (SEC Form 4)

      4 - American Resources Corp (0001590715) (Issuer)

      7/24/24 3:35:25 PM ET
      $AREC
      Coal Mining
      Energy
    • SEC Form 4: Jensen Mark C. gifted 5,199,896 units of Class A Common and received a gift of 5,199,896 units of Class A Common, closing all direct ownership in the company

      4 - American Resources Corp (0001590715) (Issuer)

      8/16/23 6:34:20 PM ET
      $AREC
      Coal Mining
      Energy
    • SEC Form 4: Sauve Thomas M. gifted 4,429,501 shares and received a gift of 4,429,501 units of Class A Common, closing all direct ownership in the company

      4 - American Resources Corp (0001590715) (Issuer)

      8/16/23 6:27:01 PM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Leadership Updates

    Live Leadership Updates

    See more
    • American Resources Corporation's ReElement Technologies Appoints Dr. Yi Ding, Ph.D., to Chief Technology Officer

      As Director of Research and Development at ReElement, Dr. Ding helped commercialize the Company's multi-mineral, multi-feedstock platform technology FISHERS, IN / ACCESSWIRE / October 8, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") is pleased to announce that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has appointed Dr. Yi Ding, Ph.D., as Chief Technology Officer. Dr. Ding joined ReElement Technologies in the summer of 2022 as the Company's Director of Research and Development. Before joining ReElement, he spe

      10/8/24 8:45:00 AM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation's ReElement Technologies Adds Former United States Ambassador Mark Gilbert to Board of Directors

      Mark Gilbert served as the United States Ambassador to New Zealand and Samoa and Vice Chairman of the Private Wealth Management division of UBSAmbassador Gilbert was awarded the Navy's Distinguished Public Service Award - the U.S. military's highest civilian honorFISHERS, IN / ACCESSWIRE / January 4, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today the appointment of former U.S. Ambassador Mark Gilbert and former Vice Chairman of UBS Private Wealth Management to its Board of Directo

      1/4/24 8:30:00 AM ET
      $AREC
      Coal Mining
      Energy
    • American Resources Corporation's ReElement Technologies Adds Former CIA Senior Executive Kevin Higgins to Board of Directors

      Mr. Higgins has 30 years of distinguished service with the Central Intelligence Agency (CIA) as Chief of Staff to the Director and Assistant Director for AfricaFounder of KSTK Enterprises, LLC, an organization driven to opportunities to close the divide between private industry and the US national security domainFISHERS, IN / ACCESSWIRE / January 2, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") ReElement Technologies Corporation, ("ReElement") a leading provider of high performance refining capacity of rare earth and critical battery elements, announced today the appointment of Kevin Higgins, a national security expert and former intelligence c

      1/2/24 8:30:00 AM ET
      $AREC
      Coal Mining
      Energy

    $AREC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • HC Wainwright & Co. reiterated coverage on American Res with a new price target

      HC Wainwright & Co. reiterated coverage of American Res with a rating of Buy and set a new price target of $3.75 from $4.00 previously

      11/16/21 9:24:28 AM ET
      $AREC
      Coal Mining
      Energy
    • HC Wainwright & Co. reiterated coverage on American Res with a new price target

      HC Wainwright & Co. reiterated coverage of American Res with a rating of Buy and set a new price target of $4.00 from $4.50 previously

      8/18/21 6:21:01 AM ET
      $AREC
      Coal Mining
      Energy
    • HC Wainwright & Co. reiterated coverage on American Res with a new price target

      HC Wainwright & Co. reiterated coverage of American Res with a rating of Buy and set a new price target of $4.50 from $4.75 previously

      5/13/21 6:17:01 AM ET
      $AREC
      Coal Mining
      Energy