Texas Mineral Res Corp SEC Filings

Texas Mineral Resources Corp. files its annual report describing a pre-revenue mining business centered on a minority interest in the Round Top rare earth project in Texas. The company currently owns an 18.715% membership interest in Round Top Mountain Development, LLC, which holds leases and related rights over a 950-acre rare earth project and surrounding acreage but has not established any proven or probable mineral reserves under U.S. reporting standards.

For the year ended August 31, 2025, Texas Mineral reported a net loss of about $1.93 million and an accumulated deficit of roughly $45.11 million, with cash of approximately $590,000 and working capital of about $506,000. Management discloses substantial doubt about the company’s ability to continue as a going concern, noting it has no revenues, cannot fund its share of Round Top cash calls, and expects further dilution of its interest as the operating partner finances the project. The company also outlines early-stage option and joint venture concepts, including the Santa Fe Alhambra silver project and a potential Steeple Rock venture, all of which remain contingent on successful exploration and new financing.

Texas Mineral Resources Corp. director reports share acquisition

A director of Texas Mineral Resources Corp. (TMRC) filed an annual Form 5 reporting a purchase of company stock. On 07/21/2025, the reporting person acquired 8,918 shares of TMRC common stock at a price of $0.51 per share, classified as an acquisition transaction. Following this transaction, the individual beneficially owned 8,918 common shares, held in direct ownership form. The report covers the issuer’s fiscal year ended 08/31/2025 and reflects changes in the director’s beneficial ownership for that period.

Texas Mineral Resources Corp. (TMRC) disclosed that a company director reported buying 17,241 shares of common stock on 10/15/2025 at a price of $1.25 per share, according to a Form 4 insider trading report. After this transaction, the director beneficially owns 26,159 shares of TMRC common stock in direct ownership. The filing classifies the reporting person’s relationship to the company as a director and notes that the form is filed by one reporting person.

Texas Mineral Resources Corp. (TMRC) reported the initial share ownership of director Jonathan Beigle on a Form 3. He beneficially owns 26,159 shares of common stock in direct ownership. The filing notes that Mr. Beigle became a director on 5/18/2025.

For his services as a director, he was granted 8,918 shares of common stock on 7/21/2025 and an additional 17,241 shares on 10/15/2025. The form does not list any derivative securities such as options or warrants, indicating that his reported holdings are currently all in common stock.

TMRC: A holder filed a Form 144 notice to sell up to 750,000 shares of common stock through Piper Sandler & Co. on the OTC, with an aggregate market value of $862,500. The approximate date of sale is 10/28/2025.

The shares were acquired on 08/22/2019 as compensation from the issuer, with cash noted as the form of payment, and the amount acquired was 750,000. Shares outstanding were 79,235,812.

Texas Mineral Resources Corp. (TMRC) received an amended Schedule 13D/A from Navajo Transitional Energy Company (NTEC) and two individuals updating ownership and intent. The filing reports that the group’s holdings relate to 10,451,257 shares of common stock, or approximately 13%, based on 80,735,812 shares outstanding as of October 15, 2025.

NTEC may be deemed to beneficially own 10,111,883 shares (12.5%) with shared voting and dispositive power. LaVern K. Lund may be deemed to beneficially own 10,287,968 shares (12.7%), including 176,085 shares with sole voting and dispositive power and the remainder shared through NTEC. Peter Denetclaw, Jr. may be deemed to beneficially own 10,275,172 shares (12.7%), including 163,289 shares with sole voting and dispositive power and the remainder shared through NTEC.

The amended Item 4 states the holders are pursuing plans to divest some or all of their TMRC holdings when market conditions are favorable and in accordance with applicable law.

Texas Mineral Resources (TMRC) filed a Form 4 reporting an open-market acquisition by a director. On 10/16/2025, the director acquired 10,536 shares of common stock at $1.25 per share (Transaction Code: A). Following the transaction, the director directly owned 141,977 shares.

The filing indicates the person is a Director and that the ownership is Direct (D). This update reflects a change in insider holdings and provides transparency into recent insider activity.

Texas Mineral Resources (TMRC) reported an insider transaction. Director Deepak Malhotra acquired 15,734 shares of common stock at $1.25 per share on 10/15/2025.

Following this purchase, Malhotra beneficially owned 154,188 shares, held in direct ownership.

Texas Mineral Resources Corp. reported equity activity tied to its February 2025 financing. On October 9, 2025, a holder exercised a warrant and purchased 1,000,000 shares of common stock for an aggregate cash exercise price of $300,000.

The company also disclosed unregistered issuances on October 15, 2025: 123,132 shares issued to directors in lieu of cash directors’ fees and 257,407 shares issued to a director upon a cashless option exercise. These transactions, along with the warrant exercise, were conducted in reliance on Section 4(a)(2) of the Securities Act.

Background from the February 2025 financing: investors provided $1,098,000 in notes convertible at $0.30 per share (later converted into 3,660,000 shares) and received five-year warrants to purchase an aggregate of 10,980,000 shares at an exercise price of $0.30 per share.