 American Resources Corporation NASDAQ:AREC revealed that the West Virginia Economic Development Authority WVEDA preliminarily approved the issuance of a 45 million tax-exempt Solid Waste Disposal Facility Revenue Bond, Series 2022, for the companys Wyoming County Coal WCC complex located near the town of Oceana, West Virginia. The State of West Virginia has the authority to annually authorize the issuance of certain specified private activity bonds up to an annual amount determined under federal law. 