Highest-materiality recent filing
TMRC faces two stockholder lawsuits over USAR merger; provides supplemental financial projections
Two lawsuits filed by stockholders Anthony Malone and Nathan Turner in NY state court alleging false/misleading registration statement.
Texas Mineral Resources to be acquired by USA Rare Earth in stock deal valued at ~$73M
TMRC shareholders to receive 3,823,328 shares of USAR common stock, implied value ~$73M based on Mar 4 closing price.
Texas Mineral Resources closes $1.098M debt financing with notes and warrants
Closed $848,000 debt financing from 13 accredited investors on Feb 20, 2025, issuing unsecured notes and warrants.
Company entered loan agreement for $848,000 aggregate principal from 13 accredited investors.
Two directors resign from Texas Mineral Resources Board citing Round Top project delay
Vern Lund and Peter Denetclaw, Jr. resigned as directors effective Jan 28, 2025, citing potential delay in Round Top project.
Texas Mineral Resources expands project area with Santa Fe Gold from 80 to 1,600 acres in New Mexico
Amendment expands project area from 80 contiguous acres to approximately 1,600 acres in Black Hawk Mining District, Grant County, NM.
If TMRC fails to fund a cash call, USARE can fund the shortfall and TMRC's interest dilutes by shortfall / TMRC market cap.
Standard Silver Corp. (TMRC subsidiary) entered Mineral Exploration and Option Agreement with Santa Fe Gold for Black Hawk Mining District, Grant County, New Mexico.
Effective May 8, 2025, Jonathan Beigle, age 42, was appointed and elected a director by the unanimous vote of the members of the board of directors (“Board”) of the Company to fill the vacancy created by the resignation of Mr. Francis,
On May 7, 2025, Kevin Francis informed Texas Mineral Resources Corp. (“Company”) of his decision to resign as a director, effective that date.
On January 28, 2025, Vern Lund informed Texas Mineral Resources Corp. (“Company”) of his decision to resign as a director effective that date (including his decision not to stand for re-election to the Board at the next annual meeting of stockholders), due to the potential delay in the development of the Round Top project
On January 28, 2025, Peter Denetclaw, Jr. informed the Company of his decision to resign as a director effective that date (including his decision not to stand for re-election to the Board at the next annual meeting of stockholders), due to the potential delay in the development of the Round Top project
On October 23, 2022, director Nick Pingitore passed away.
Effective May 23, 2022, Clark Moseley resigned as a director of Texas Mineral Resources Corp. (“Company”) due to his retirement from The Navajo Transitional Energy Company (“NTEC”)
Effective May 24 2022 , LaVern “Vern” Lund, age 49, was nominated, appointed and elected as director to fill Mr. Moseley’s vacancy
Max materiality 0.85 · Median 0.55 · Most common event other_material