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American Resources Closes $33 Million PIPE Financing
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American Resources Closes $33 Million PIPE Financing
Oct 13, 2025 7:10 AM

09:57 AM EDT, 10/13/2025 (MT Newswires) -- American Resources ( AREC ) said Monday it closed a $33 million common stock-only private investment in public equity or PIPE transaction priced at $3.55 per share.

The company said the transaction delivers growth capital to advance its initiatives to develop regional coal waste processing centers to extract critical minerals and rare earth elements.

Shares of American Resources ( AREC ) were up over 7% in recent trading.

Price: 4.39, Change: +0.31, Percent Change: +7.48

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