Trade Summary

4 months ago, Golden Properties Ltd., serving as 10% owner at American Resources Corp (AREC), purchased 1,000,000 shares at $1.26 per share, for a total transaction value of $1,260,000.00. Following this transaction, Golden Properties Ltd. now holds 12,389,960 shares of AREC.

This purchase represents a 9.00% increase in Golden Properties Ltd.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, August 19, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, August 20, 2025, 1 day after the trade was made.

American Resources Corp operates in the BASIC MATERIALS sector, specifically within the COKING COAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.