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American Resources Corporation Added to Membership of Russell Microcap(R) Index
FISHERS, IN / ACCESSWIRE / June 14, 2021 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and
About this update from American Resources Corporation
[{"type":"text","content":"FISHERS, IN / ACCESSWIRE / June 14, 2021 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\"), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that the Company is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.\"We are honored to be joining the Russell Microcap® Index\", stated Mark Jensen, Chief Executive Officer of American Resources Corporation. \"This is a testament to the hard work of our team in building a company founded on bringing an innovative and modernized approach to supplying essential resources to the needs of a cleaner and greener worldwide infrastructure market and a growing electrification market. As this represents another milestone for our Company, we remain focused and determined in running efficient streamlined operations, bringing innovative and real solutions to some of the national and global supply chain issues we are facing, providing these resources in most sustainable of ways possible and executing for all of our shareholders, stakeholders, customers, and employees alike.\"Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the \"Russell Reconstitution\" section on the FTSE Russell website.About American Resources CorporationAmerican Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon,...