American resources corporation's american infrastructure corporation to become publicly listed through merger with cgrowth capital, inc.
The platform will focus on expansion through organic growth and strategic acquisitions of additional infrastructure-related assets following the audit of the combined entity, the company will pursue an uplisting to a senior national exchange fishers, in / accesswire / january 6, 2025 / american resources corporation's (nasdaq:arec) ("american resources" or the "company") subsidiary american infrastructure corporation ("aic"), a raw material supplier to the infrastructure marketplace with a focus on iron ore, titanium and metallurgical carbon, has entered into a binding term sheet to merge with cgrowth capital, inc. (otc pink:cgra) ("cgrowth capital" or "cgra") as part of its spin out from american resources corporation. in conjunction with the merger with cgra, the company has developed a structure to support future financing for both organic and acquisition growth within the infrastructure marketplace, aligning with its overall business strategy.
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