American Clean Resources Forms Joint Venture for Energy Infrastructure

Key Highlights

• American Clean Resources Group's subsidiary, ACRG Energy Holdings, Inc., formed a joint venture with Phoenix New Era, LLC.
• The joint venture, named American Clean Energy, LLC (ACE), is a Nevada limited liability company.
• ACE will support energy infrastructure initiatives for the Company's critical minerals processing strategy.
• Initiatives include potential geothermal partnerships, LNG-based power solutions, and related energy infrastructure.
• ACRG Energy Holdings holds a controlling membership interest in ACE at formation.
• Phoenix's participation is performance-based, with vesting over three years tied to operational and business development milestones.
• The formation of ACE is expected to advance the Company's critical minerals processing platform and infrastructure initiatives.
• Projects in Millers, Nevada, and Cross Caribou, Colorado, are associated with these activities.