American Resources Corporation announced that the Company’s Board of Directors has accepted the unsolicited term sheet received by an investment fund earlier this week. The terms of the proposed investment comes from an investment fund and includes the offer for leading an investment into the Company’s wholly owned subsidiary, ReElement Technologies Corporation, for a total investment round of up to $50,000,0000 at a “pre-money” valuation of ReElement Technologies Corporation of $300,000,000.
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