Joint Exploration and Development Agreement with TRG Holdings, LLC
American Clean Resources Group, Inc. has entered into a Joint Exploration and Development Agreement with TRG Holdings, LLC, effective June 9, 2026. This agreement establishes a framework for the joint exploration, technical evaluation, regulatory pursuit, and commercial scoping of an integrated energy generation, critical minerals processing, and data center infrastructure campus on or adjacent to the Companyβs Millers Hub property in Esmeralda County, Nevada. The project was contemplated by a previously executed non-binding joint venture framework. Under the agreement, the parties will jointly pursue activities such as geothermal resource assessment, Solar Energy Zone designation, federal land use authorizations, geothermal leasing rights, and technical and commercial scoping of the campus. The agreement has an initial term of eighteen months, subject to extension. It includes binding obligations for mutual exclusivity, sharing of joint work costs, confidentiality, and coordination of disclosures. However, it does not establish an operating joint venture, partnership, or definitive commercial relationship, nor does it transfer property or mineral rights or commit either party to capital expenditures beyond an agreed joint work budget. Any operating relationship would be determined by a future definitive agreement.