WARRANT AGREEMENTWarrant Agreement • August 27th, 2019 • American Resources Corp • Services-miscellaneous repair services • New York
This Warrant Agreement made as of August 20, 2019, is between American Resources Corporation, a Florida corporation, with offices at 9002 Technology Lane, Fishers, Indiana 46038 (the “Company”), and VStock Transfer, LLC, with offices at 18 Lafayette Place, Woodmere, New York (the “Warrant Agent”).
Warrants to Purchase 3,600,000 Shares of Common Stock AMERICAN RESOURCES CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • August 27th, 2019 • American Resources Corp • Services-miscellaneous repair services • New York
American Resources Corporation, a Florida corporation (the “Company”), proposes, subject to the terms and conditions contained herein (this “Agreement”), to sell to you, Maxim Group LLC (“Maxim” or the “Underwriter”), an aggregate of 3,600,000 shares of the Company’s Class A common stock (the “Common Stock”), par value $0.0001 per share (the “Shares”) and warrants to purchase 3,600,000 shares of Common Stock (the “Warrants,” together with the Shares, the “Securities”). In addition, the Company proposes to grant to the Underwriter an option to purchase up to an additional 540,000 shares of Common Stock (the “Option Shares”) and/or Warrants to purchase up to an additional 540,000 shares of Common Stock (the “Option Warrants”) from the Company for the purpose of covering over-allotments, if any, in connection with the sale of the Securities (collectively, the “Option Securities”). The Securities and the Option Securities are collectively referred to herein as the context requires as the “
