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Posted 12 September, 2023

American Clean Resources Group, Inc. appointed Tawana Bain as new CEO

OTC:ACRG appointed new Chief Executive Officer Tawana Bain in a 8-K filed on 12 September, 2023.


  Concurrently with this appointment, Tawana Bain was appointed as Chief Executive Officer of the Company.  

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Overview of American Clean Resources Group, Inc.
Basic Materials/Resources • Precious Metals
American Clean Resources Group, Inc. operates as an exploration company. It intends to purchase equipment and build a facility on its Tonopah property to serve as a permitted custom processing toll milling facility. The company was founded on July 10, 1985 and is headquartered in Lakewood, CO.
Market Cap
$119M
View Company Details
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(c) Appointment of Certain Officers


On September 12, 2023, American Clean Resources Group, Inc. ("ACRG" or the "Company") appointed J. Bryan Read as the President and Secretary of the Company. With this appointment, Mr. Read vacates his current position of Chief Executive Officer. Concurrently with this appointment, Tawana Bain was appointed as Chief Executive Officer of the Company.


Ms. Bain is Founder and CEO of TBAIN & Co, LLC ("TBAIN"), a social impact enterprise that houses organizations committed to renewable energy and Diversity, Equity and Inclusion (DEI) efforts. TBAIN is the manager of Granite Peak Resources, LLC, the Company's largest shareholder.


She is also Owner and Publisher of Todays Woman, a 30+ year regional publication designed to uplift and empower the everyday woman.


Ms. Bain is active in philanthropic and government relations through her work as Founder of Derby Diversity Week and has been nationally recognized for building equity initiatives for black entrepreneurs and other marginalized groups. Ms. Bain has an extensive history in environmental programs that require community buy-in and marketing strategy of environmental restoration efforts, Diversity Equity and Inclusion around tourism for horse racing and technical support of consent decrees for the monitoring and documentation in the water and land space. Bain has been ranked as one of the top 50 most powerful people among her business peers in Louisville, Kentucky in 2022 and 2023.


Ms. Bain is an "at will" employee and does not have an employment agreement with the Company. No material plan, contract or arrangement has been entered into in connection with Ms. Bain's appointment as the Company's Chief Executive Officer.


There are no family relationships between Ms. Bain and any director or executive officer of the Company, and there are no arrangements or understandings with any person pursuant to which she has been selected as an officer of the Company. Except as provided above, there have been no transactions directly or indirectly involving Ms. Bain that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities and Exchange Commission.


Also on September 12, 2023, the Company reaffirmed the appointment of Sharon L. Ullman as the Company's Chief Financial Officer.


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