American resources corporation expands non-dilutive, growth-driven credit facility for its american carbon division

$15 million credit facility provides access to non-dilutive, growth capital to further expand revenues and cashflow provides company operational and strategic flexibility to expand production and maximize margins that can be drawn upon at the discretion of management fishers, in / accesswire / august 22, 2022 / 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 new infrastructure and electrification marketplace, today announced that it, along with its wholly-owned subsidiary american carbon llc, has expanded a non-dilutive, traditional asset backed credit line of $15 million that can be drawn against for growth initiatives. kirk taylor, chief financial officer of american resources corporation commented, "we are excited to be able expand this non-dilutive capital source that can be drawn upon for additional growth initiatives at our american carbon division.
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