Warrants for 8.88M shares exercised cashless; 6.19M new shares issued

Texas Mineral Resources Corp.

Between Feb 17-23, 2026, warrant holders exercised all remaining 8,880,000 warrants on a cashless basis, receiving 6,187,472 common shares.
No warrants from the February 2025 transaction remain outstanding.
On Jan 5, 2026, company issued 111,729 shares to directors in lieu of cash fees.
Original warrants were issued in Feb 2025 to 15 accredited investors at $0.30/share exercise price.

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