---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-26-005116"
form_type: "8-K"
ticker: "TMRC"
cik: "0001445942"
company_name: "Texas Mineral Resources Corp."
filed_at: "2026-03-05T23:59:59+00:00"
generated_at: "2026-05-15T19:30:06.773130+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Texas Mineral Resources to be acquired by USA Rare Earth in stock deal valued at ~$73M

## Summary
- TMRC shareholders to receive 3,823,328 shares of USAR common stock, implied value ~$73M based on Mar 4 closing price.
- USAR will become sole operator with 100% economic interest in Round Top heavy rare earth project.
- Transaction includes TMRC's 18.6% interest, long-term leases on 950 acres, and prospecting rights on 9,345 additional acres.
- Expected to close by Q3 2026, subject to TMRC stockholder approval and other customary conditions.
- All TMRC directors and executive officers have entered into voting support agreements to vote in favor.

## SEC filing metadata
- accession: 0001999371-26-005116
- form_type: 8-K
- ticker: TMRC
- cik: 0001445942
- company_name: Texas Mineral Resources Corp.
- filed_at: 2026-03-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1445942/000199937126005116/0001999371-26-005116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1445942/000199937126005116/tmrc-8k_030426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-26-005116
- JSON: https://secwatch.observer/filing/0001999371-26-005116.json
- Plain text: https://secwatch.observer/filing/0001999371-26-005116.txt

## Key facts
- Material Agreements
  Texas Mineral Resources Corp. entered into Merger Agreement with USA Rare Earth, Inc. (effective 2026-03-04).
  - Action: entry
  - Agreement: merger
  - Counterparty: USA Rare Earth, Inc.
  - Effective: 2026-03-04
  source text: On March 4, 2026, Texas Mineral Resources Corp. (“ TMRC ”, the “ Company ”, “ we ”, “ us ” or “ our ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with USA Rare Earth, Inc. (“ USAR ”), Hamer Merger Sub, Inc., a wholly owned subsidiary of USAR (“ Merger Sub 1 ”) and Hamer Merger Sub, LLC, a wholly owned subsidiary of USAR (“ Merger Sub 2 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1445942/000199937126005116/0001999371-26-005116-index.htm

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