American Resources (AREC) 10-Q2023 Q3 Quarterly report

Filed: 14 Nov 23, 12:00am

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New words: Alpha, diligence, increment, incremental, Marion, mature, profit, project, refining, split, tax, underwriting

Removed: Contura

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EXHIBIT 21.1

EXHIBIT 21 -- SUBSIDIARIES OF THE REGEISTRANT

American Resources Corp

Subsidiaries of the Registrant

September 30, 2023

The following is a list of the Company’s subsidiaries as of September 30, 2023, except for unnamed subsidiaries which, considered in the aggregate as a single subsidiary, would not constitute a “significant subsidiary” as defined in Regulation S-X of the United States Securities and Exchange Commission (17 CFR 210.1-02(w)).

Entity Name		Domestic Jurisdiction

American Carbon Corp		Indiana
Deane Mining, LLC		Delaware
ERC Mining Indiana Corp		Indiana
McCoy Elkhorn Coal LLC d/b/a McCoy Elkhorn Coal		Indiana
Knott County Coal LLC		Indiana
Wyoming County Coal LLC		Indiana
Perry County Resources LLC		Indiana
reELEMENT Technologies Corp		Indiana
American Metals LLC		Indiana
Advanced Carbon Materials LLC		Indiana
American Opportunity Ventures, LLC		Delaware
American Opportunity Ventures II, LLC		Delaware
Novusterra Inc		Florida

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