Business
American Resources Corporation's Subsidiary, ReElement Technologies LLC, Appoints Daniel Hasler to Board of Directors Upon Spin-Off
Hasler will join advisory board of ReElement Technologies in meantime and help guide the Company through the growth of the business and spin-offFISHERS, IN /
About this update from American Resources Corporation
[{"type":"text","content":"Hasler will join advisory board of ReElement Technologies in meantime and help guide the Company through the growth of the business and spin-offFISHERS, IN / ACCESSWIRE / November 17, 2022 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that Daniel Hasler has agreed to join the board of directors of the Company's wholly owned subsidiary, ReElement Technologies, upon the completion of the spin-off to a standalone publicly-traded company. Mr. Hasler will join the ReElement Technologies advisory board immediately until such time as the Form 10 spin-off is completed.Mark Jensen, CEO and Chairman of American Resources / ReElement Technologies commented, \"We are extremely excited and thankful to have the support of such an accomplished individual as Dan helping to guide ReElement at this pivotal and exciting moment of its business. We have had the luxury of getting to know and collaborate with Dan over the past few years and believe he is a great fit for the fast-pace execution of ReElement, while also bringing a diverse mindset and experience to the business that will serve to make the Company better and stronger. Furthermore, as we prepare to spin-off ReElement into its own public company, getting the board of directors established is a critically important step to continue leading the industry forward with producing battery and magnet grade elements at a commercial scale domestically.\"Daniel Hasler BiographyDan, a graduate of DePauw University and has an MBA from Duke University, had an extensive 31-year career at Eli Lilly and Company (\"Lilly\"), the Fortune 500 global pharmaceutical company based in Indianapolis, where he served in a number of leadership positions. After retiring from Lilly in 2010, he received the Lilly Lifetime Achievement Award. Post retirement from Lilly, Dan was appointed by then-Governor Mitch Daniels in 2011 as Chief Executive of the Indiana Economic Development Corp. (IEDC), also serving as Indiana's Secretary of Commerce. In his first year guiding the IEDC, Dan attracted a record-breaking 254 companies to Indiana in 2012. After his time in political office, he ...