American resources corporation sets record date of december 31, 2024 for special dividend and closes initial investments of private funding for reelement technologies corporation

Reelement technologies closes initial investments of its private investment round into reelement from group of investors including members of management american resources is distributing 1 share of reelement technologies for every 3 shares of american resources corporation as of the record date fishers, in / accesswire / november 14, 2024 / fishers, in / accesswire / november 14, 2024 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the modern infrastructure and electrification sectors, today announced a special dividend of shares in its wholly owned subsidiary, reelement technologies corporation ("reelement") ("special dividend"). the special dividend will be distributed on or about february 15, 2025 to shareholders of record as of december 31, 2024 ("record date").
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