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AREC News and Press, American Resources Corporation From 08/31/22

Stock Information

Company Name: American Resources Corporation
Stock Symbol: AREC
Market: OTC
Website: americanresourcescorp.com

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AREC - American Resources Corporation Sells Exclusive Rights to Carbon Nanostructure and Graphene Patents

American Resources Corporation has agreed to sell their exclusive patent rights in Carbon Nanostructure and Graphene technology to Novusterra Inc. in exchange for $16 Million worth of Novusterra stock Members of American Resources Corporation will take over the management of Novusterra ...

AREC - American Resources Corporation Expands Non-Dilutive, Growth-Driven Credit Facility for Its American Carbon Division

$15 million credit facility provides access to non-dilutive, growth capital to further expand revenues and cashflow Provides company operational and strategic flexibility to expand production and maximize margins that can be drawn upon at the discretion of management FISHERS, IN / A...

AREC - American Resources Corporation Applauds the Inflation Reduction Act's Support for Domestic Critical Mineral Production

The Inflation Reduction Act (IRA) Marks a New Era in Climate Policy With $369 Billion in Incentives To Navigate the Energy Transition IRA Provisions Aim To Bolster Domestic Critical Mineral Production and Is Highly Aligned With the Company's ReElement Technologies' Accomplishments F...

AREC - GasLog Partners and Danimer Scientific among Energy/Material gainers; Gerdau among losers

Gainers: American Resources ( AREC ) +12% . GasLog Partners ( GLOP ) +12% . Zymergen ( ZY ) +11% . NextDecade ( NEXT ) +9% . Danimer Scientific ( DNMR ) +9% . Losers: Save Foods ( SVFD ) -37% . Polished.com ( POL ) -33%...

AREC - American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $16.2M misses by $2.8M

American Resources press release ( NASDAQ: AREC ): Q2 GAAP EPS of -$0.04 beats by $0.01 . Revenue of $16.2M (+312.2% Y/Y) misses by $2.8M . Shares +3.5% . For further details see: American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $1...

AREC - American Resources Corporation Reports Second Quarter 2022 Financial Results and Provides Business Outlook

Record quarterly revenues of $16.2 million represents the best in Company's history with significant expansion opportunities over the balance of the year Company boasts 78% quarter-over-quarter revenue growth; adjusted EBITDA for the 2Q 2022 of $11.5 million The first domestic, com...

AREC - American Resources plans development on two more met carbon mines

American Resources ( NASDAQ: AREC ) said Thursday it has started planning and development on its next two carbon mines in Kentucky to supply its McCoy Elkhorn complex with additional metallurgical carbon. The mines have a low-cost of development and are capable of producing ...

AREC - American Resources Corporation Commences Planning and Development on Next Two Metallurgical Carbon Mines

Mines have a low-cost of development and are capable of producing up to 45,000 tons per month Company's McCoy Elkhorn complex has substantial embedded organic growth with its hub and spoke model, existing permits, 2 onsite carbon processing facilities and rail load out facility FISH...

AREC - American Resources Corporation Receives Commitment of $4,900,000 in Federal Credits and Provides Update on West Virginia Tax Exempt Bond for Advanced Carbon, Rare Earth and Critical Element Processing

Federal commitment comes in the form of $4,900,000 in Federal New Markets Tax Credits (NMTC) for Wyoming County, West Virginia mining complex (WCC) NMTC allocation will be combined with the previously announced $45 million Tax-Exempt Industrial Development Bonds from West Virginia ...

AREC - American Resources Corporation to Report Second Quarter 2022 Financial Results on August 15, 2022

Company to host conference call on Monday, August 15 th at 4:30 PM ET FISHERS, IN / ACCESSWIRE / August 8, 2022 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical eleme...

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