American Resources Corporation Announces Closing of $13.0 Million Registered Direct Offering Priced Above the Market under Nasdaq Rules

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Oct 09, 2020
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FISHERS, IN / ACCESSWIRE / October 9, 2020 / American Resources Corporation, (NASDAQ:AREC) (the "Company"), a supplier of raw materials to the rapidly growing global infrastructure marketplace, today announced that it has closed its previously announced registered direct offering of 5,200,000 shares of its common stock at a price of $2.50 per share, priced above the market under Nasdaq rules for aggregate gross proceeds of approximately $13.0 million.