MUTUAL SERVICES AND TRANSITION AGREEMENTMutual Services and Transition Agreement • February 14th, 2024 • American Carbon Corp • Gold and silver ores • Indiana
THIS MUTUAL SERVICES AND TRANSITION AGREEMENT (this “Agreement”) dated as of the ____ day of __________, 2024 is by and between American Carbon Corporation, an Indiana corporation (“SpinCo”) and American Resources Corporation, a Florida corporation (“AREC”). Each of SpinCo and AREC may be referred to in this Agreement individually as a “Party” and collectively as the “Parties”.
IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as of the date first above written.American Carbon Corp • February 8th, 2024 • Gold and silver ores
OVERRIDING ROYALTY AGREEMENTOverriding Royalty Agreement • February 14th, 2024 • American Carbon Corp • Gold and silver ores
THIS OVERRIDING ROYALTY AGREEMENT (the “Agreement”) made and entered into on this 15 day of February, 2024 (the “Effective Date”), by and between AMERICAN RESOURCES CORPORATION, a Florida corporation with an address of 12115 Visionary Way, Suite 174, Fishers, IN 46038 (“AREC’) and AMERICAN CARBON CORPORATION, an Indiana corporation with an address of 12115 Visionary Way, Suite 174, Fishers, IN 46038 (inclusive of all subsidiaries of American Carbon Corporation, “ACC). Each ACC and AREC may be referred to as a “Party”, and both as “Parties”.
SHARE PURCHASE AGREEMENTShare Purchase Agreement • February 8th, 2024 • American Carbon Corp • Gold and silver ores • Indiana
THIS SHARE PURCHASE AGREEMENT (this “Agreement”) is entered into this 1 day of February, 2024 (the “Effective Date”), by and among T. R. MINING & EQUIPMENT LTD., a Jamaican limited company (“TR Mining”), RONNIE STEFFEY, an individual residing in Jamaica (“Steffey”), RUPERT BOWEN (“Bowen), and SHARON LIVINGSTON (“Livingston”, and with Steffey and Brown, the “TR Mining Shareholders”), AMERICAN RESOURCES CORPORATION, a Florida corporation (“AREC”), and AMERICAN CARBON CORPORATION, an Indiana corporation (“ACC”). Each may each be referred to individually herein as a “Party” and collectively as the “Parties.”
