“After seeing American Resources’ eastern Kentucky coal operations, I have a much better understanding of the scale and growth potential of these operations”, commented Mr. LaVerghetta.
Fishers, Indiana (PRWEB) March 08, 2017
American Resources Corporation (OTCQB: NGFF) today announced that it has hired Mark J. LaVerghetta as the company’s Vice President of Corporate Finance & Communications. In his role, Mr. LaVerghetta will oversee all company communications with current investors, potential investors, and the financial community in general. As part of the company’s commitment to growth and expansion in the energy sector, with a particular focus on coal production and processing, including metallurgical coal, American Resources Corporation is expanding its management team, with Mark LaVerghetta being a key component of that growth.
“After seeing American Resources’ eastern Kentucky coal operations, I have a much better understanding of the scale and growth potential of these operations”, commented Mr. LaVerghetta. “With the company’s potential for significant expansion beyond its current operating mines, I am excited about being a part of this growth.”
In addition to its currently operating coal mines and preparation facilities, American Resources Corporation has a large number of idled mining permits held by its coal operating subsidiaries, McCoy Elkhorn, Deane Mining, and Knott County Coal. As the company expands its production and growth, both organically and through strategic acquisitions, Mark LaVerghetta will assist American Resources Corporation in communicating its strategy and growth with the public.
About American Resources Corporation
American Resources Corporation is engaged in diversified energy services including mining, processing and logistics, with a primary focus on traditional energy sources such as coal and oil and gas. American Resources Corporation plans to expand its business by continuing to develop its currently leased properties and further expanding its processing and logistics business, and through the pursuit of strategic acquisitions.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. 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 the control of the Company. 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.