American Resources Corporation's Integrated Rare Earth, Critical Element And Metallurgical Carbon Processing Facility Signs Bond Purchase Agreement With Hilltop Securities For $45M
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American Resources Corporation (AREC) has signed a $45 million bond purchase agreement with Hilltop Securities for its integrated rare earth, critical element, and metallurgical carbon processing facility.
June 01, 2023 | 12:06 pm
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AREC's $45 million bond purchase agreement with Hilltop Securities will fund its integrated rare earth and metallurgical carbon processing facility.
The bond purchase agreement will provide AREC with the necessary funds to develop its integrated rare earth and metallurgical carbon processing facility. This will likely have a positive impact on the company's stock price in the short term as it demonstrates financial support and progress in the development of the facility.
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