AREC Properties Ltd Golden sells $2.5M worth of shares
Aug 21, 2025, 4:37 AM
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What does AREC do
American Resources, based in Fishers, Indiana, focuses on extracting and processing metallurgical coal for the steel industry, employing 26 people and operating in the Central Appalachian basin. The company went public on August 3, 2015, and owns several subsidiaries, including American Carbon Corp.
Properties Ltd Golden sold 2,000,000 shares of AREC on 19 August at $1.26 per share, worth a total of $2.5M. They now own 12,389,960 AREC shares, or a 14% holding decrease.
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