American Clean Resources Group, Inc.

American Clean Resources Group, Inc. entered into a Joint Exploration and Development Agreement with TRG Holdings, LLC, effective June 9, 2026. This agreement establishes a framework for the joint exploration, technical evaluation, regulatory pursuit, and commercial scoping of an integrated energy generation, critical minerals processing, and data center infrastructure campus at the Company’s Millers Hub property in Nevada. While binding for certain obligations like exclusivity and cost sharing, it does not establish an operating joint venture or commit either party to fund project capital expenditures beyond an agreed joint work budget.

American Clean Resources Group, Inc. announced a change in its acquisition strategy for Sustainable Metal Solutions, LLC (SMS). The previously disclosed 2022 agreement to acquire an 80.1% equity interest in SMS was not consummated. The company is now pursuing a direct acquisition of the Cross-Caribou mining asset, including its associated mining permit, from Grand Island Resources, LLC, a subsidiary of SMS. However, no definitive agreement has been reached for this proposed asset acquisition, and its completion is subject to various conditions and approvals.

American Clean Resources Group, Inc. (ACRG) announced several changes to its fractional executive and advisory roles as part of an operational alignment. Michael Raabe transitioned from fractional Chief Operating Officer to a strategic operations support role, and C. Derek Campbell moved from fractional Chief Strategy Officer to a non-executive advisory capacity. Kelly Marshall also departed as fractional Chief Marketing Officer. Additionally, the company engaged Jeff Bootes as a fractional project-based consultant to support execution activities for its Millers, Nevada project and Cross Caribou asset.

American Clean Resources Group, Inc. announced that its wholly-owned subsidiary, ACRG Energy Holdings, Inc., has entered into a joint venture with Phoenix New Era, LLC to establish American Clean Energy, LLC (ACE). ACE was formed to develop energy infrastructure initiatives supporting the Company's critical minerals processing strategy, including geothermal partnerships and LNG-based power solutions. ACRG Energy Holdings holds a controlling interest, with Phoenix's stake vesting over three years based on performance milestones, aiming to advance projects in Nevada and Colorado.

American Clean Resources Group reported a net loss of $422,348 for the three months ended March 31, 2026, an increase from $397,641 in the prior year. The company's recurring losses and an accumulated deficit of $115.9 million raise substantial doubt about its ability to continue as a going concern. The company also defaulted on a $105,000 promissory note, which was subsequently amended on May 19, 2026, consolidating obligations to $165,000 with a new payment schedule. Development of its Tonopah property continues, alongside plans for a merger with Sustainable Metals Solutions LLC and a joint venture with AMI Strategies.