American Resources Corp. says will ring Nasdaq closing bell on December 29, 2020, in celebration of commencement of operations at its premier mining site

American Resources Corp. says will ring Nasdaq closing bell on December 29, 2020, in celebration of commencement of operations at its premier mining site

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American Resources Corporation (NASDAQ:AREC) has announced that it will ring the Nasdaq closing bell on December 29, 2020, in celebration of the commencement of operations at its premier mining site, Perry County Resources (PCR) complex and the launch of the company's critical and rare earth mineral subsidiary, American Rare Earth earlier this year.  The company, a next-generation and socially responsible supplier of raw materials to the new infrastructure marketplace noted that the restart at PCR comes after a year of implementing a methodical restructuring and in response to increased demand for raw materials for steel and infrastructure projects and is expected to provide significant revenue growth beginning in 2021.  READ: American Resources kicks off operations at its Perry County mining site to launch significant revenue growth It pointed out that American Rare Earth highlights the company's ability to restructure legacy mining operations to better fit the modern-day and emerging economy. American Rare Earth is focused on the collection and processing of rare earth and critical minerals, using the company's large and already owned asset base, to serve the rapidly growing electrification market and to help re-establish this important supply chain back to North America. The group noted that Mark Jensen, CEO of American Resources Corporation, will be joined by his colleagues, members of the board of directors and several stakeholders for the virtual ceremony, which will begin at approximately 3.20pm EST. The ceremony can be viewed on the Nasdaq MarketSite Tower in Times Square, at 43rd Street and Broadway, New York, NY, and will be video streamed live at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony The bell-ringing will take place at 4.00pm EST, signifying the close of the day's trading session. A replay of the ceremony will be available at a later date on the company's website under the Events section of the Investor Relations page. In a statement, Jensen commented "Our business model involves reinventing a legacy industry for a modern-day economy whereby we can supply raw materials to the infrastructure and electrification marketplace effectively and efficiently. We are honored to ring the Nasdaq Bell and will be celebrating virtually with all of our stakeholders our many accomplishments throughout 2020.  "With the commencement of operations at Perry County, we now have the ability to generate stable cash flows for our investors, a reliable supply of high-quality carbon for our customers, and over 170 steady and reliable jobs for the community. This truly marks an important day for American Resources as it represents the launchpad that will propel the Company to its next phase of growth and the start of what we believe will be a transformational year ahead." Contact the author at jon.hopkins@proactiveinvestors.com

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