American Resources appoints Josh Hawes as independent director

American Resources announced that its Board of Directors has appointed Josh Hawes as an independent director. Hawes brings over 20 years of experience in the areas of capital market construction, organizational and product strategy and driving shareholder returns. Hawes will replace Michael Layman as an independent director of the board of directors as well as a member of the Board’s Audit Committee effective immediately. Mr. Layman will continue to advise the Company as a member of its Advisory Board. Hawes most recently served as Chief Strategy Officer of USA Rare Earth from 2021 to 2023 and Chief of Staff from 2020 and 2021 where he oversaw an exceptional ten-fold increase in the company’s value and spearheaded the creation of the Magnet Manufacturing Tax Credit, while leading their magnet manufacturing transition team in Stillwater, Oklahoma. Furthermore, Mr. Hawes built the first ex-China, North American magnet supply chain network through strategic partnerships and collaboration, allowing for the future capture of hundreds of millions in revenue.