Oct 27 (Reuters) - American Resources Corp AREC.O :
* AMERICAN RESOURCES CORP - ON OCTOBER 21, CO & AND HG
VENTURES
LLC, UNIT OF HERITAGE GROUP, ENTERED INTO A SALES PURCHASE
AGREEMENT
* AMERICAN RESOURCES CORP - PURSUANT TO AGREEMENT, HERITAGE
AGREED
TO SELL ITS 7.5% OWNERSHIP, INTEREST IN CO'S SUBSIDIARY,
REELEMENT TECHNOLOGIES LLC
* AMERICAN RESOURCES CORP - PURSUANT TO THE AGREEMENTS,
REELEMENT
TECHNOLOGIES LLC BECOMES A WHOLLY OWNED SUBSIDIARY OF AMERICAN
RESOURCES CORPORATION
Further company coverage: AREC.O
((Reuters.Briefs@thomsonreuters.com;))