American resources corporation unlocking the largest rare earth element mine in the u.s. through coal waste resources; closes $33 million pipe financing to accelerate development

$33 million financing positions the company as the leader in unlocking vast reserves of critical and rare earth elements for the domestic supply chain fishers, in / access newswire / october 13, 2025 / american resources corporation (nasdaq:arec) ("american resources" or the "company"), a next-generation infrastructure company focused on the extraction and processing of critical and rare earth elements from sustainable sources, today announced that it has closed a $33 million common stock-only pipe (private investment in public equity) transaction with nameplate investors to accelerate the commercialization of its rare earth element (ree) recovery strategy from already-mined coal waste resources - positioning the company to unlock what is effectively the largest rare earth mine in the united states. the financing, priced at $3.55 per share of common stock, provides growth capital to advance american resources' initiatives in developing regional coal waste processing hubs for the extraction of critical minerals and rare earth elements.
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