AMERICAN RES CORP

Ticker: AREC CUSIP: 02927U208 Class: CL A

THOMPSON INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001277279)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 27,500 Value ($000) $68 Avg Close $3.33 Range $2.08 - $7.11

Q3 2025

Shares 38,467 Value ($000) $104 Avg Close $1.71 Range $0.78 - $3.33

Q2 2025

Shares 38,467 Value ($000) $32 Avg Close $0.80 Range $0.38 - $1.68

Q1 2025

Shares 38,467 Value ($000) $18 Avg Close $0.62 Range $0.43 - $0.92

Q4 2024

Shares 38,467 Value ($000) $39 Avg Close $1.08 Range $0.84 - $1.34

Q3 2024

Shares 38,467 Value ($000) $35 Avg Close $0.60 Range $0.41 - $0.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,500	$68	$3.33	$2.08 - $7.11
Q3 2025	38,467	$104	$1.71	$0.78 - $3.33
Q2 2025	38,467	$32	$0.80	$0.38 - $1.68
Q1 2025	38,467	$18	$0.62	$0.43 - $0.92
Q4 2024	38,467	$39	$1.08	$0.84 - $1.34
Q3 2024	38,467	$35	$0.60	$0.41 - $0.99