---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-079216"
form_type: "8-K"
ticker: "TMRC"
cik: "0001445942"
company_name: "Texas Mineral Resources Corp."
filed_at: "2026-07-17T20:45:47+00:00"
generated_at: "2026-07-17T20:46:18.599513+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TMRC faces two stockholder lawsuits over USAR merger; provides supplemental financial projections

## Summary
- Two lawsuits filed by stockholders Anthony Malone and Nathan Turner in NY state court alleging false/misleading registration statement.
- TMRC and USAR deny need for supplemental disclosures but provide them to avoid delay of the merger.
- TMRC management prepared prospective financial info for Round Top Project: $455M and $845M capex in 2027-2028, then $397M unlevered FCF annually from 2029-2032.
- Roth Capital Partners issued fairness opinion that merger consideration (3,823,328 USAR shares) is fair; Roth to receive $350,000 fee plus 0.75% advisory fee.
- USAR did not provide any prospective financial information to TMRC or its financial advisor.

## SEC filing metadata
- accession: 0001213900-26-079216
- form_type: 8-K
- ticker: TMRC
- cik: 0001445942
- company_name: Texas Mineral Resources Corp.
- filed_at: 2026-07-17T20:45:47+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1445942/000121390026079216/0001213900-26-079216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1445942/000121390026079216/ea0298299-8k425_texas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-079216
- JSON: https://secwatch.observer/filing/0001213900-26-079216.json
- Plain text: https://secwatch.observer/filing/0001213900-26-079216.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.