American Resources Corp (AREC)

[RandyKCMO]

ADDITIONAL INFORMATION ABOUT YESTERDAY'S ANNOUNCED PURCHASE AGREEMENT

https://ih.advfn.com/stock-market/USOTC/american-resources-corporation-AREC/stock-news/78986554/current-report-filing-8-k

We learn:

1. That they "SALE AGREEMENT" included a $3,000,000 loan at 5% interest, with additional balance available up to $6.5 Million.

2. Principle and interests will be repaid by a discount of $13.50 pretty ton of coal delivered.

3. Agreement protects both Integrity and AREC by resetting the price per ton up or down depending on market price a year from now.
 "The price of each ton coal sold to Integrity is $97.00 from March 2019 to January 2020 and then from February 2020 to January 2021 subject to an index with a pricing collar of $80 to $120 of each ton sold."

I think this strategic agreement is BRILLIANT. It provides both parties work what they need. This is the Free Market in action.

I'm convinced that investors at this stage of AREC's development will be richly rewarded.