American Resources Corporation /
Energy Technologies Inc.
American Resources to buy Energy Technologies in binding letter of intent
- Terms
- Not stated
- Stage
- Agreement signed
What happened
American Resources Corporation agreed to acquire all outstanding stock of Energy Technologies Inc. under a binding letter of intent. The companies said Energy Technologies will continue to operate independently while benefiting from each other’s strengths and networks.
The consideration includes cash payments and American Resources stock. Energy Technologies focuses on analyzing and separating materials to recover and concentrate high-value products.
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American Resources to buy Energy Technologies in binding letter of intent
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