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8-K - CURRENT REPORT - American Resources Corp | arc_8k.htm |
Exhibit
99.1
American Resources Corporation Awarded National Mining
Association’s Top Safety Award
Company receives 2019 Sentinels of Safety Award and is recognized
by the National Mining Association for its outstanding safety
performance
Company is poised to be one of the fastest growing U.S. suppliers
of raw materials to serve long-term steel markets driven by global
infrastructure demand
October 1, 2020 | Source: American Resources
Corporation
FISHERS, INDIANA / ACCESSWIRE / October 1, 2020
/ American Resources Corporation (NASDAQ:AREC) (“American
Resources” or the “Company”), a supplier of raw
materials to the rapidly growing global infrastructure marketplace,
today announced it is the proud recipient of the National Mining
Association’s (“NMA”) 2019 Sentinels of Safety
Award, which is widely considered mining’s most prestigious
safety award.
NMA’s
Sentinels of Safety Award recognizes mineral mining operations in
various categories for recording the most hours in a calendar year
without a single lost-time injury. A minimum of 4,000 hours is
required for award consideration. American Resources received this
award for its underground, room and pillar carbon mining operation
located in Letcher County, Kentucky.
Mark
Jensen, Chairman and CEO of American Resources Corporation
commented, “First and foremost, we are extremely proud of our
team members for all of their contributions in achieving an
exemplary safety record. The safety of our team is always held as
our primary responsibility and we believe that efficient mines
create safer mines. This award further highlights our ability to
achieve both high efficiency standards while operating in a safe
and sustainable manner. All of these values are core to our mission
and bolsters our confidence in the platform we have built to become
a long-term, stable supplier of raw materials to the global
infrastructure market. We are honored to receive this recognition
of safety and very much look forward to upholding this standard as
we prepare to restart our operations at our Perry County Resources
complex this quarter.”
American
Resources is keen on efficiently and effectively utilizing its
asset bases to supply customers in the metals and infrastructure
industry raw materials to manufacture products in the most
sustainable way while focusing on building out its full suite of
infrastructure related business lines. The Company is committed to
continuing its efforts to identify operational efficiencies in its
ongoing goal to be one of the lowest-cost and safest operators and
responsible stewards of the environment in Central Appalachia and
throughout all its mining, processing, and transportation
operations.
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About American Resources Corporation
American Resources Corporation is a supplier of high-quality raw
materials to the rapidly growing global infrastructure market. The
Company is focused on the extraction and processing of
metallurgical carbon, an essential ingredient used in steelmaking.
American Resources has a growing portfolio of operations located in
the Central Appalachian basin of eastern Kentucky and southern West
Virginia where premium quality metallurgical carbon deposits are
concentrated.
American Resources has established a nimble, low-cost business
model centered on growth, which provides a significant opportunity
to scale its portfolio of assets to meet the growing global
infrastructure market while also continuing to acquire operations
and significantly reduce their legacy industry risks. Its
streamlined and efficient operations are able to maximize margins
while reducing costs. For more information visit
americanresourcescorp.com or connect with the Company on
Facebook,
Twitter, and
LinkedIn.
Special Note Regarding Forward-Looking Statements
This
press release contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and unknown
risks, uncertainties, and other important factors that could cause
the Company’s actual results, performance, or achievements or
industry results to differ materially from any future results,
performance, or achievements expressed or implied by these
forward-looking statements. These statements are subject to a
number of risks and uncertainties, many of which are beyond
American Resources Corporation’s control. The words
“believes”, “may”, “will”,
“should”, “would”, “could”,
“continue”, “seeks”,
“anticipates”, “plans”,
“expects”, “intends”,
“estimates”, or similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain such identifying words. Any
forward-looking statements included in this press release are made
only as of the date of this release. The Company does not undertake
any obligation to update or supplement any forward-looking
statements to reflect subsequent events or circumstances. The
Company cannot assure you that the projected results or events will
be achieved.
PR Contact:
Precision
Public Relations
Matt
Sheldon
917-280-7329
matt@precisionpr.co
Investor
Contact:
JTC
Team, LLC
Jenene
Thomas
833-475-8247
AREC@jtcir.com
Company Contact:
Mark
LaVerghetta
317-855-9926
ext. 0
Vice
President of Corporate Finance and Communications
investor@americanresourcescorp.com
Source:
American Resources Corporation
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