American Acquisition target Royalty Management expands investment in Ferrox

American Acquisition Opportunity’s merger target company, Royalty Management Corporation has expanded its stake in one of its portfolio holdings, Ferrox Holdings through a common stock issuance; issuing stock in Royalty Management Corporation for approximately 10% of Ferrox. The common stock issued by Royalty Management Corporation for its investment in Ferrox is valued at $10.00 per share equivalent of American Acquisition Opportunity’s stock post the pending merger.