Current Report Filing (8-k)
27 April 2019 - 7:00AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Report (Date of Earliest event Reported): April 22,
2019
AMERICAN
RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
Florida
(State
or other jurisdiction of incorporation)
|
000-55456
(Commission
File Number)
|
46-3914127
(I.R.S.
Employer Identification No.)
|
9002
Technology Lane, Fishers Indiana, 46038
(Address
of principal executive offices)
(317)
855-9926
(Registrant’s
telephone number, including area code)
________________________________________________
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (See: General Instruction
A.2. below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act
(17CFR240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17CFR240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17CFR240.13e-4(c))
Item
1.01 Entry into a Material Definitive Agreement.
Item
8.01 Other Events.
On
April 22, 2019, McCoy Elkhorn Coal LLC, a wholly-owned subsidiary
of the registrant American Resources Corporation, modified two of
its coal purchase orders with Integrity Coal Sales, Inc. dated
August 27, 2018 and December 31, 2018 to combined them into one new
purchase order (the “New Purchase Order”) that replaces
the two prior purchase orders with Integrity Coal Sales. The
material changes include combining the coal sales price and sales
volumes of each of the prior purchase orders into one blended coal
sales price and sales volume, as well as reducing the per-ton
deduction on coal sales under this New Purchase Order to repay the
Loan Agreement with Integrity Coal Sales dated December 31,
2018.
On the
date of the Revised Purchase Order, the Company has drawn the full
$6.5 million Integrity Coal Sales loan entered into on December 31,
2018.
Item 9.01
Financial Statements and
Exhibits.
(d)
Exhibits
The
following exhibits are attached hereto and filed
herewith.
ExhibitNo.
|
|
Description
|
Location Reference
|
|
|
Loan
Agreement
|
Incorporated
herein by reference to Exhibit 99.1 to the Company’s 8k filed
on January 3, 2019
|
|
|
Promissory
Note
|
Incorporated
herein by reference to Exhibit 99.2 to the Company’s 8k filed
on January 3, 2019
|
|
|
Security
Agreement
|
Incorporated
herein by reference to Exhibit 99.3 to the Company’s 8k filed
on January 3, 2019
|
|
|
Purchase
Order
|
Incorporated
herein by reference to Exhibit 99.4 to the Company’s 8k filed
on January 3, 2019
|
|
|
New
Purchase Order
|
Filed
Herewith
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
American Resources
Corporation
Date: April 26,
2019
By
/s/ Mark C. Jensen
Mark C.
Jensen
Chief
Executive Officer
American Resources (NASDAQ:AREC)
Historical Stock Chart
From Apr 2024 to May 2024
American Resources (NASDAQ:AREC)
Historical Stock Chart
From May 2023 to May 2024