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$AREC
$1.17 +$0.08 (7.34%) Close

Company Executives

$AREC Management Team

Mr. Mark Jensen

Chairman of the Board

Chief Executive Officer

Age 45
Compensation $753.0K USD
Sex Male

Mr. Thomas Sauve

President

Director

Age 46
Compensation $507.0K USD
Sex Male

Mr. Kirk Taylor

Chief Financial Officer

Age 45
Compensation $300.0K USD
Sex Male

Mr. Tarlis Thompson

Chief Operating Officer

Age 42
Compensation $197.8K USD
Sex Male
Directors
6
serving now
Independent
3 of 3
stated in the proxy; 3 not stated
Average tenure
Not stated
from year joined
CEO also chairs the board
Yes
Mark C. Jensen
Director Age On board Independent Committees Other public boards Pay Source
Mark C. Jensen
46 Not stated Not stated
Environmental, Health, and Safety Committee
None stated Paid as CEO
Mark J. LaVerghetta
52 Not stated Not stated
Nomination Committee
None stated Not stated
Courtenay O. Taplin
73 Not stated Independent None stated None stated Not stated
D. Joshua Hawes
41 Not stated Independent
Audit · Chair Compensation · Chair
None stated Not stated
Gerardine G. Botte
53 Not stated Independent None stated None stated Not stated
Thomas M. Sauve
Not stated Not stated Not stated None stated None stated Not stated

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

8 disclosed in the proxy filed Mar 9, 2026
Land Betterment Corp
an entity controlled by certain members of the Company's management who are also directors and shareholders
$4,216,528 and $2,519,180
2024 and 2023

Contract Services Agreement under which service costs are passed through to the Company with a 12.5% mark-up and a 50% share of cost savings

With the Company Open in proxy
Land Betterment Corp
a related party
Amount not stated
December 31, 2024 and 2023

Company holds 2,000,000 LBX Tokens; token issuance is undertaken by Land Betterment; no market value assigned

With the Company Open in proxy
Samuel Coal Holding Corp
$1,494,570
June 11, 2020

Company purchased secured debt owed to Samuel Coal Holding Corp by its operating subsidiary Samuel Coal Corp; notes are in default and fully impaired

With Samuel Coal Corp Open in proxy
Land Resources & Royalties, LLC (LRR)
owned by members of the Company's management
$178,683
October 24, 2016

Sale of certain mineral and land interests for a non-interest-bearing note due in 2026

With a subsidiary of LRR Open in proxy
American Opportunity Ventures LLC (AMAO)
$531,613
year ended December 31, 2023

Company made non-interest-bearing, demand-payable cash advances to AMAO for working capital

Land Resources & Royalties, LLC (LRR)
$1,100,000
January 13, 2023

Line of Credit Agreement entered into by RLMT, a subsidiary of the Company, with LRR

With ReElement Technologies Corporation (RLMT) Open in proxy
Land Resources & Royalties, LLC (LRR)
Amount not stated

RLMT is lessee under a 30 year lease agreement with LRR

With ReElement Technologies Corporation (RLMT) Open in proxy
Land Resources & Royalties, LLC (LRR)
Amount not stated

Electrified Materials Corporation is lessee under three commercial leases with LRR

With Electrified Materials Corporation Open in proxy

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