American Resources Corporation Reaffirms Compliance With Nasdaq Listing Standards

Rhea-AI Summary

American Resources Corporation (NASDAQ:AREC) has confirmed its compliance with Nasdaq listing standards following a notification regarding a delayed Form 10-Q filing. The company received a letter from Nasdaq on May 29, 2025, concerning the late filing of its Q1 2025 report. However, AREC had already filed the required 10-Q on May 28, maintaining compliance with listing standards. The company, focused on supplying raw materials for infrastructure and electrification markets, operates in the Central Appalachian basin, extracting metallurgical carbon and rare earth minerals. Through its portfolio company ReElement Technologies Corporation, AREC provides refining capacity for rare earth and critical battery elements using innovative processing technology.

FISHERS, IN / ACCESS Newswire / June 10, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources"), a leader in the critical mineral supply chain, reaffirms compliance with Nasdaq Listing Standards as outlined in the Company's Form 8-K filed on May 30, 2025 with the U.S. Securities and Exchange Commission.

As stated in the in the referenced filing:

On May 29, 2025, American Resources Corporation (or the "Company") received a letter from the Nasdaq Stock Market indicating that the company's Form 10-Q for the fiscal year ended March 31, 2025 has not been timely filed according to Nasdaq's Listing Rules.

The Company filed the required 10-Q on May 28 and was in compliance with Nasdaq Continued Listing Standards at the time of the issuance of the notification.

Mark Jensen, CEO and Chairman commented, "Transparency, governance and compliance is a paramount focus of our team. We have greatly appreciated our collaborative relationship with Nasdaq as shown by the recent spotlight interview."

Watch the full interview with American Resources' Chairman and CEO Mark Jensen here.

About American Resources Corporation

American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

About ReElement Technologies Corporation

ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Learn more about ReElement Technologies' process and technology here - Video.

Special Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Investor Contact:
JTC Team, LLC
Jenene Thomas
908-824-0775
AREC@jtcir.com

Media Inquiries:
Marjorie Weisskohl
703-587-1532
mweisskohl@allseasonspr.com

Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
investor@americanresourcescorp.com

SOURCE: American Resources Corporation

View the original press release on ACCESS Newswire

FAQ

What caused the Nasdaq listing compliance issue for American Resources Corporation (AREC)?

AREC received a notification from Nasdaq on May 29, 2025, regarding a delayed Q1 2025 Form 10-Q filing, but the company had already filed the required document on May 28, maintaining compliance with listing standards.

What are American Resources Corporation's (AREC) main business operations?

AREC focuses on extracting and processing metallurgical carbon for steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal recycling, with operations in the Central Appalachian basin.

What is ReElement Technologies Corporation's role in AREC's business?

ReElement Technologies, a portfolio company of AREC, provides refining capacity for rare earth and critical battery elements using proprietary technology to process recycled materials and various feedstocks.

How does American Resources Corporation (AREC) maintain its competitive advantage?

AREC maintains competitiveness through a nimble, low-cost business model focused on growth, streamlined operations to maximize margins, and technology for processing critical minerals and rare earth elements.