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American Resources Announces Pricing Of $40M Private Placement Of 7,843,138 Shares Of Class A Common Stock At A Price Of $5.10 Per Share

Author: Benzinga Newsdesk | October 15, 2025 09:24am

FISHERS, IN / ACCESS Newswire / October 15, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a leader in the critical mineral supply chain, today announced that it has entered into a securities purchase agreement with several institutional investors for the purchase and sale of 7,843,138 shares of class A common stock (or pre-funded warrants in-lieu thereof) at an offering price of $5.10 per share, in a private placement (the "Offering").

The gross proceeds to the Company from the Offering are estimated to be approximately $40.0 million before deducting the placement agent's fees and other estimated Offering expenses. The Offering is expected to close on or about October 16, 2025, subject to the satisfaction of customary closing conditions.

Posted In: AREC

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