Recent Updates — AREC
American Resources Corporation dismissed GreenGrowth CPA as its independent registered public accounting firm on June 30, 2026, and appointed UHY LLP to replace them effective July 11, 2026. The company will not rely on the previously issued audit opinion for fiscal year 2025 due to disagreements regarding procedures for the March 31, 2026 quarter and GreenGrowth's refusal to perform standard predecessor auditor processes. UHY LLP has been engaged to re-audit the December 31, 2025 financial statements and subsequent interim periods. American Resources Corporation operates in the natural resources sector.
American Resources Corporation dismissed GreenGrowth CPA's as its independent registered public accounting firm on June 30, 2026, and appointed UHY LLP as its new auditor. GreenGrowth withdrew its opinion on the company's December 31, 2025 financial statements. American Resources Corporation is a company that operates in the natural resources and energy sector through its subsidiaries.
American Resources Corporation declared a special cash dividend of $0.0431 per share of its Class A common stock. The dividend is scheduled to be held for shareholders of record as of August 15, 2026, and will be payable on August 25, 2026. The company is a strategic supplier of critical mineral feedstocks and owner of a diversified portfolio of critical mineral assets.
On July 12, 2026, the Board of Directors approved a share repurchase program authorizing the buyback of up to $20.0 million of the company's outstanding Class A common stock. Repurchases may be executed via open market purchases, privately negotiated transactions, or block trades, subject to market conditions and capital availability. American Resources Corporation operates in the natural resources industry, focusing on the production of critical minerals and energy resources.