Warrant holder exercises 1M shares for $300K; 380K shares issued to directors

Texas Mineral Resources Corp.

On Oct 9, 2025, a warrant holder exercised 1,000,000 shares at $0.30/share, raising $300,000 cash.
On Oct 15, 2025, company issued 123,132 shares to directors in lieu of cash directors' fees.
On Oct 15, 2025, 257,407 shares were issued to a director upon cashless exercise of a stock option.

item 8.01 item 3.02

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Texas Mineral Resources Corp. issued 1,000,000 shares of common stock for $300,000 aggregate.

Security: common stock
Shares: 1,000,000 shares
Consideration: $300,000 aggregate

Exact text from the filing

the balance of this Warrant, issued in February 2025, was exercised on October 9, 2025 to purchase 1,000,000 shares of Common Stock for an aggregate exercise price of $300,000.

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Texas Mineral Resources Corp. filing history →

Source: SEC EDGAR

accession 0001999371-25-015478

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