14 Feb 2019securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2019securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
14 Feb 2019securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
6 Feb 2019securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
3 Jan 2019debt financing▲ Good
American Resources borrowed up to $6.5 million from coal buyer Integrity Coal Sales at 5% interest to expand production at its McCoy Elkhorn mine, repayable out of a new long-term coal supply contract with Integrity running through January 2021.
11 Dec 2018securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
20 Nov 2018securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
14 Nov 2018quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $9.0 million and a net loss of $3.6 million for the period ended 2018-09-30.
13 Nov 2018asset acquisition disposition▲ GoodMajor
American Resources closed its purchase of the Synergy Coal properties in West Virginia, amended its charter to raise authorized shares to 260 million, and saw holders convert 90% of its Series A Preferred stock into common shares.
30 Oct 2018material agreement▲ Good
American Resources agreed to buy roughly 1,100 acres of coal land and related permits in Wyoming County, West Virginia from Synergy Coal and its owner for about $16.1 million, mostly paid in company stock.
22 Oct 2018quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $9.0 million and a net loss of $3.6 million for the period ended 2018-09-30.
16 Oct 2018securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
14 Aug 2018quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $7.0 million and a net loss of $1.7 million for the period ended 2018-06-30.
3 July 2018securities registration● Neutral
American Resources Corp amended a filing by which it registered a securities offering with the SEC.
2 July 2018securities registration● Neutral
American Resources Corp registered a securities offering with the SEC.
1 June 2018material agreement termination▲ GoodMajor
American Resources extinguished a $17.8 million related-party payable owed to Quest Mgmt LLC dating back to a 2015 agreement, meaningfully cleaning up its balance sheet.
15 May 2018quarterly activities report▼ Bad
American Resources Corp reported quarterly revenue of $7.3 million and a net loss of $2.6 million for the period ended 2018-03-31.
15 May 2018debt financing● Neutral
Subsidiary Quest Energy raised $1 million through a no-interest secured note tied to a sale-and-leaseback of equipment with supplier ENECo, repayable over four months.
1 May 2018material agreement● Neutral
American Resources' McCoy Elkhorn Coal subsidiary subleased surface rights and coal reserves near Phelps, Kentucky from Colonial Coal Company, taking over as interim operator of two mining permits and assuming their reclamation liabilities.
29 Mar 2018late filing notice▼ Bad
American Resources Corp notified the SEC that its annual report would be filed late.
11 Oct 2017debt financing● Neutral
Now operating in coal, the company (soon renamed American Resources Corporation) restructured its debt with Vancouver-based Golden Properties Ltd into a consolidated loan agreement plus roughly $2.3 million in notes and multiple stock warrants - the start of a lending relationship that would recur for years.
31 May 2017director interest notice● Neutral
William D Bishop became a American Resources Corp director and company insider (initial ownership filing).
15 May 2017material agreement● Neutral
The company filed audited 2015 financial statements for Quest Energy, Inc., the coal company it had by this point taken on as a subsidiary - marking its pivot away from its original, unrelated shell-company businesses and into coal, ahead of its rename to American Resources Corporation.
20 Apr 2017securities registration● Neutral
American Resources Corp filed notice of an exempt private placement.
27 Feb 2017director interest notice● Neutral
Kirk Patrick Taylor became a American Resources Corp Chief Financial Officer and company insider (initial ownership filing).
15 Feb 2017director interest notice● Neutral
Kirk Patrick Taylor became a American Resources Corp Chief Financial Officer and company insider (initial ownership filing).
14 Feb 2017director interest notice● Neutral
Mark C. Jensen became a American Resources Corp Chief Executive Officer and company insider (initial ownership filing).
14 Feb 2017director interest notice● Neutral
Thomas M. Sauve became a American Resources Corp President and company insider (initial ownership filing).
6 Feb 2017quarterly activities report▼ Bad
American Resources Corp reported a quarterly net loss of $15 thousand for the period ended 2016-12-31.
21 Dec 2016late filing notice▼ Bad
American Resources Corp notified the SEC that its annual report would be filed late.