Street Calls of the Week
Golden Properties LTD., a ten percent owner of American Resources Corp (NASDAQ:AREC), sold 1,000,000 shares of Class A Common Stock at a price of $1.26 on August 19, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The stock, which currently trades at $3.72, has experienced significant volatility lately, with InvestingPro data showing a 20% decline in the past week despite strong returns over longer periods.
The transaction amounted to $1,260,000. Following the sale, Golden Properties LTD. directly owns 12,389,960 shares of American Resources Corp, representing a significant position in the company, which currently has a market capitalization of $318.3 million. InvestingPro subscribers have access to 15 additional key insights about AREC, including detailed analysis of the company’s financial health and valuation metrics.
In other recent news, American Resources Corporation announced it has secured approximately $40 million through a private placement involving the sale of 7,843,138 shares of class A common stock at $5.10 per share to several institutional investors. The transaction is expected to close around October 16, 2025, with Maxim Group LLC acting as the sole placement agent. Additionally, the company closed a $33 million private investment in public equity (PIPE) transaction to fund its strategy for extracting rare earth elements from coal waste. This financing, priced at $3.55 per share, will help develop regional coal waste processing hubs for critical mineral extraction. Furthermore, American Resources has entered into a securities purchase agreement to raise approximately $33.7 million through a private placement of 9,480,282 shares of class A common stock. The company anticipates closing this transaction soon, subject to customary conditions. In another development, ReElement Technologies, a portfolio company of American Resources, is expanding its Indiana facilities to enhance its rare earth refining capacity. The Marion Supersite is scaling up to process magnet-grade separated rare earths and other materials, while the Noblesville facility is increasing production of ultra-pure defense elements. Lastly, ReElement Technologies has signed a rare earth offtake deal with POSCO International America Corp to collaborate on refining rare earth elements.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.