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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
773717	American Clean Resources Group Inc.	ACRG	Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)	840991764

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1770890	Granite Peak Resources, Llc	1603 Capital Street Suite 301 A541 Cheyenne WY 82001		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-08-15	5,244,230	$1.05	11,649,332	No	4	C	Direct
Common Stock	Acquisiton	2023-08-15	82,659	$5.00	11,731,991	Yes	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
Yes	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Line of Credit	Disposition	2023-08-15	5,244,230	$1.05	5,244,230	$1.05

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	X	Direct

Footnotes

Granite Peak Resources, LLC ("GPR") received the shares in an exchange for a pro-rata equity interest in GPR. The shares are valued at the time of exchange on 8/15/23 as the fair market value ("FMV") as the closing price on the previous date ($5.00) and such equity interest in Granite Peak Resources LLC is valued as the FMV of the American Clean Resources, Inc. (the "Company") shares
Granite Peak Resources, LLC ("GPR") is the Issuer's largest shareholder and secured debtholder. The terms of the Line of Credit ("LOC"), as amended, are disclosed in the Issuer's quarter and annual statements filed with the SEC. This conversion is being effected to reduce the amount of the Issuer's debt in preparation for the disclosed merger with the SMS Group (See the Form 8-K filed with the SEC on June 12, 2023.
The LOC was originally issued on March 16, 2020, the outstanding balance is convertible at any time after its issuance
There is no expiration date per se but the balance of the LOC is due on March 16, 2027