American Resources Corp: acquires Wyoming County assets for $40,000,000

What happened

• American Resources Corporation (the "Company" or "ARC") filed an 8-K reporting that on Sep 29, 2026 it entered into an Asset Purchase Agreement with Wyoming County Coal LLC ("WCC") and acquired certain real property, structures, fixtures and equipment located in Wyoming County, West Virginia (the "Acquired Assets").
• The filing states that the consideration for the Acquired Assets consists of the Company's settlement of litigation captioned UMB Bank, N.A. v. Wyoming County Coal LLC, Case No. 1:25-cv-02596, for an aggregate settlement amount of $40,000,000.

Key details

• The Acquired Assets include all real estate owned by WCC, structures and fixtures thereon, mobile and fixed equipment, and rights to elements and minerals within refuse piles on the property.
• The transaction is an acquisition of specified assets; the Company is not acquiring or assuming WCC's mining permits, licenses, historical mining, reclamation, environmental or other operating liabilities, including asset retirement obligations (AROs).
• The Asset Purchase Agreement provides that the Acquired Assets are to be conveyed free and clear of liens and encumbrances except those identified in the deed; the deed is to be executed within 60 days of the effective date, and ownership transferred upon execution and delivery.
• The agreement includes mutual releases for pre-closing claims and contains indemnities from WCC for certain breaches of its covenants, representations or warranties.

Why it may matter

• Item 1.01 (entry into a material definitive agreement) was reported; the filing covers the Asset Purchase Agreement and the acquisition of specified real property, equipment and associated mineral/refuse-pile rights, and states the Company is not assuming WCC's prior mining permits or related liabilities.
• A filing does not show why the insider traded or why the company acted.