# EDGAR Filing Document

**Accession Number:** 0001590715
**File Stem:** 0001654954-23-003447
**Filing Date:** 2023-3
**Character Count:** 2236
**Document Hash:** 774d444d87ef00cde04e228fe8e6098b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-23-003447.hdr.sgml**: 20230428

**ACCESSION NUMBER**: 0001654954-23-003447

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** American Resources Corp
- **CENTRAL INDEX KEY:** 0001590715
- **STANDARD INDUSTRIAL CLASSIFICATION:** BITUMINOUS COAL & LIGNITE MINING [1220]
- **IRS NUMBER:** 463914127
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 12115 VISIONARY WAY, SUITE 174
- **CITY:** FISHERS
- **STATE:** IN
- **ZIP:** 46038
- **BUSINESS PHONE:** (317) 855-9926

**MAIL ADDRESS:**
- **STREET 1:** 12115 VISIONARY WAY, SUITE 174
- **CITY:** FISHERS
- **STATE:** IN
- **ZIP:** 46038

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NGFC Equities, Inc.
- **DATE OF NAME CHANGE:** 20150512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NGFC Equities, INC.
- **DATE OF NAME CHANGE:** 20150512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATURAL GAS FUELING & CONVERSION INC.
- **DATE OF NAME CHANGE:** 20131031

![](corresp_arec8-ka000.jpg)

March 23, 2023

Securities and Exchange Commission

Division of Corporation Finance

Office of Energy & Transportation

Regarding: Letter Dated December 6, 2022

Form 8-K filed on August 15, 2022

Form 8-K filed on August 15, 2022

Reconciliation of Adjusted EBITDA to Amounts Reported Under U.S. GAAP, page 8

1. We note your response to comment 11. We continue to believe that your adjustment to

exclude mine development costs is inconsistent with the guidance in Question 100.01 of

the Non-GAAP Financial Measures Compliance and Disclosure Interpretations. Please

confirm to us that you will no longer include the adjustment in any non-GAAP financial

measures and revise to present your measure in accordance with Item 10(e) of Regulation

S-X and Regulation G.

 ***Response:*** *We agree with the comment and have revised our filing accordingly.* Additionally, we have submitted a draft of the 2022 earnings 8-K for review.

Regards,

![](corresp_arec8-ka001.jpg)

Kirk P. Taylor, CPA

Chief Financial Officer

American Resources Corp