18 Nov 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $1.8 million and a net loss of $7.3 million for the period ended 2019-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Nov 2019late filing notice▼ Bad
American Resources Corp notified the SEC that its quarterly report would be filed late.
11 Oct 2019listing compliance notice▼ Bad
American Resources received its first Nasdaq deficiency notice for its stock trading below the $1.00 minimum bid price for 30 straight days, with no immediate effect on its listing and a cure period into April 2020.
3 Oct 2019asset acquisition disposition▲ GoodMajor
American Resources closed its purchase of Cambrian Holding's Kentucky coal-mining subsidiaries out of bankruptcy, taking over Perry County Coal and its affiliates.
27 Sept 2019material agreement▲ GoodMajor
American Resources agreed to buy several Kentucky coal-mining subsidiaries of bankrupt Cambrian Holding Company - Perry County Coal, Bear Branch Coal, Ray Coal and Whitaker Coal - through a court-supervised bankruptcy sale.
27 Aug 2019material agreement● Neutral
American Resources priced a $3.78 million underwritten offering of stock-and-warrant units at $1.05 each.
23 Aug 2019securities registration● Neutral
American Resources Corp filed a prospectus supplement for an offering off its existing shelf.
21 Aug 2019securities registration● Neutral
American Resources Corp filed a prospectus supplement for an offering off its existing shelf.
13 Aug 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $9.3 million and a net loss of $9.0 million for the period ended 2019-06-30.
12 Aug 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $9.3 million and a net loss of $9.0 million for the period ended 2019-06-30.
6 Aug 2019material agreement● Neutral
American Resources signed a binding term sheet to buy a majority of bankrupt Blackjewel LLC's Eastern coal assets out of Chapter 11 for nominal cash plus up to $8 million in royalty payments; no closing announcement follows in the company's later filings, leaving the outcome of this proposed deal unclear.
22 July 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $9.3 million and a net loss of $9.0 million for the period ended 2019-06-30.
17 June 2019material agreement● Neutral
American Resources amended warrants held by lender Golden Properties Ltd to reflect additional loans Golden Properties had extended beyond their original 2017 financing agreement.
4 June 2019substantial holder notice● Neutral
Adam B Jensen disclosed a new substantial American Resources Corp shareholding (6.95% of votes).
4 June 2019substantial holder notice● Neutral
Gregory Q Jensen disclosed a new substantial American Resources Corp shareholding (6.95% of votes).
3 June 2019securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
30 May 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $7.0 million and a net loss of $14.6 million for the period ended 2019-03-31.
29 May 2019asset acquisition disposition● Neutral
American Resources filed an amended report adding financial detail to its completed Empire Kentucky Land/Empire Coal Holdings acquisition, without changing the underlying deal terms.
16 May 2019quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $7.0 million and a net loss of $14.6 million for the period ended 2019-03-31.
15 May 2019late filing notice▼ Bad
American Resources Corp notified the SEC that its quarterly report would be filed late.
3 May 2019production update▲ Good
American Resources restarted production at its Carnegie 1 underground metallurgical coal mine in Kentucky under an expanded production plan.
26 Apr 2019material agreement● Neutral
American Resources combined two coal supply contracts with Integrity Coal Sales into one blended-price agreement and confirmed it had drawn the full $6.5 million loan from Integrity.
9 Apr 2019securities registration● Neutral
American Resources Corp registered a securities offering with the SEC using its shelf eligibility.
1 Apr 2019late filing notice▼ Bad
American Resources Corp notified the SEC that its annual report would be filed late.
8 Mar 2019material agreement▲ Good
Underwriters fully exercised their over-allotment option on American Resources' Nasdaq uplisting offering, bringing total proceeds to $4.6 million.
22 Feb 2019material agreement● Neutral
American Resources corrected its Nasdaq uplisting offering disclosure to reflect a total size of $4.6 million if the underwriters' over-allotment option is fully exercised.
22 Feb 2019asset acquisition disposition▲ Good
American Resources closed a merger with Empire Kentucky Land (issuing 2 million shares for 100% of its stock) and a related asset purchase from affiliated Empire Coal Holdings for $500,000 cash plus a $2 million note, adding land and mineral rights near its McCoy Elkhorn operations.
20 Feb 2019material agreement▲ GoodMajor
American Resources priced a $4.0 million underwritten stock offering and uplisted from the over-the-counter market to the Nasdaq Capital Market under the ticker AREC, a significant step up in the company's public-market standing.
15 Feb 2019securities registration● Neutral
American Resources Corp filed the final prospectus for a registered offering.
15 Feb 2019listing compliance notice▲ GoodMajor
the exchange certified American Resources Corp's securities for listing, clearing them to begin trading.