American Resources Corp (AREC)

[RandyKCMO]

KEY INVESTMENT HIGHLIGHTS

>> Six permits in production with over
33 permits that can go into
production over the next few years.

>> A capital injection will expedite organic
growth and significant acquisition
opportunities.

>> Large asset base providing
diversification to market conditions
(metallurgical coal, PCI, high grade
thermal, and specialty products).

>> Debt levels well below industry
standard (less than $2 million of
equipment financing) to maximize
financial flexibility.

>> Near-term expansion of Revenue and
GAAP earnings.

>> Ability to increase operating margin
expansion due to fixed costs being
spread out over additional mines as
they come online.