July 31, 2018 - 8:00 AM EDT
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Mark Jensen, CEO of American Resources Corporation, Discusses Company Updates with Everett Jolly on Uptick Newswire’s “Stock Day” Podcast

PHOENIX, July 31, 2018 (GLOBE NEWSWIRE) -- American Resources Corporation (OTCQB: AREC) (the “Company”) announces CEO Mark Jensen’s interview on Uptick Newswire’s “Stock Day” Podcast.

“Stock Day” podcast host, Everett Jolly, recently invited American Resources to the show for the first time for an interview. Jolly first learned about this company around three months ago and has been tracking the company’s progress. In 2016, the company reported $7.6 million in revenue, in 2017, revenues jumped to about $20 million, and in the first quarter of 2018, American Resources has already generated $7.3 million in revenue. “With us today is the CEO, Mark Jensen. Mark, welcome to the show! Give my listeners a statement about who you are and how you make your money.”

Jensen said that American Resources Corporation has a goal of being one of the fastest growing producers of coal in the United States, with a focus on metallurgical and premium thermal coals.

“What makes your company so different from all the other mineral and coal producers?”

Jensen responded that they are one of the few companies in their sector who are focusing on not only organic growth, but also growing through consolidating a fragmented market. They’ve closed on over 6 acquisitions since starting the business in 2015, including 2 acquisitions in the past 6 months. He believes another huge difference is that they’re able to acquire, integrate and turn around less efficient coal mining operations in an expeditious fashion to fit their low-cost, effective operating model. The management team has a background in turn-around consulting and restructuring businesses. He said there are really very few mining companies in their sector who are currently focusing on growth.

Jolly commented that American Resources Corporation issued a press release in late May of 2018 concerning a reduction of $18.1 million in liabilities and wanted his guest to expand on that.

Jensen said a large portion of the $18.1 million was owed to management of the company from costs associated with acquiring and developing the assets. Management is the majority owner of the public company, and they made the decision to forgive the liability, given their desire to improve the balance sheet, focus on the equity value and align themselves fully with investors.

It looks like the company is ramping, so Jolly wanted to know where the growth was coming from.

Jensen indicated that a lot of their growth has been organic. Last year at this time, the company operated on 2 out of their 39 permits. Today they are operating on 6 of their mining permits. So, organically, they can grow the business substantially. He continued to explain that they’re always looking for additional acquisition opportunities, as well as creative ways to grow the business.

Jolly inquired whether there was an uptick (pun intended) in coal prices and Jensen said, “Absolutely!” Over the last 18 months, the Company has seen a 60% increase in metallurgical coal prices and over a 45% increase in thermal coal prices. “Any incremental increase in demand increases your margins exponentially.”

In closing, Jensen said he’s thankful for the opportunity to provide some information to the public about American Resources Corporation.

For more information about the Company’s financial details, listen to the full interview at the link below.


About AREC
American Resources Corporation is a diversified energy services company engaged in mining, processing and logistics, with a primary focus on traditional energy sources such as coal, oil and gas. American Resources Corporation's business model is built around low-cost, scalable operations focused on long-term cash flow and unrealized asset value. The Company looks to optimize the efficiency and productivity of its assets from an operational perspective to ensure that value creation is maximized. By being nimble in its business development, the Company has undertaken projects in which larger energy companies have struggled and has subsequently been able to efficiently and effectively expand such undervalued assets and operations. American Resources Corporation plans to expand its business by continuing to develop its currently leased properties and further expanding its processing and logistics business, as well as through the pursuit of strategic acquisitions. The Company was incorporated in Florida on October 2, 2013 and was previously known as “NGFC Equities, Inc.” prior to its name change to American Resources Corporation on February 20, 2017.  References to market capitalization in the interview accounts for the current common shares only, not including any potential dilution from the Series A or Series B Preferred or any warrants.

American Resources Corporation
9002 Technology Drive
Fishers, IN 46038
(606) 637-3740
[email protected]

Safe Harbor Act and Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.

Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/

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Source: GlobeNewswire (July 31, 2018 - 8:00 AM EDT)

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