29 Mar 2017director interest notice● Neutral
Texas Mineral Resources Corp. 10%+ owner Sc Fundamental Value Fund, L.P. sold 27,000 shares at $0.27.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Jan 2017quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $128 thousand for the period ended 2016-11-30.
30 Nov 2016late filing notice▼ Bad
Texas Mineral Resources Corp. notified the SEC that its annual report would be filed late.
15 July 2016quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $312 thousand for the period ended 2016-05-31.
14 Apr 2016quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $379 thousand for the period ended 2016-02-29.
16 Feb 2016substantial holder notice● Neutral
Highline Capital Management, L.P, Jacob Doft reported no remaining Texas Mineral Resources Corp. shareholding in its periodic institutional filing.
14 Jan 2016quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $283 thousand for the period ended 2015-11-30.
22 Dec 2015securities registration● Neutral
Texas Mineral Resources Corp. filed notice of an exempt private placement.
11 Dec 2015capital raising announcement▼ BadMajor
The company closed a private placement of 3,297,500 units at $0.20 with 12 investors for about $659,500; each unit has one share and two $0.35 warrants expiring December 7, 2020. Two unsecured $40,000 notes that were due November 24, 2015 were settled by issuing 200,000 units each, and Southwest Range & Wildlife Foundation took 50,000 units for $10,000 of lease payments owed. The filing says the June 1, 2015 $45,000 payment to Southwest had not been paid, which is a missed payment under the 2013 lease deal.
30 Nov 2015material agreement● Neutral
The company and K-Tech amended the ReeTech deal (effective August 27, 2015). The company can now also earn its up-to-49.9% stake through revenue from third-party clients it brings in, not just cash. In exchange, K-Tech controls two of three managers and takes all profits until the company reaches 49.9%. The $5.0 million plant license fee now covers up to 3,000 metric tons a year of rare earth oxides, with a further fee to be negotiated above that.
22 July 2015securities registration● Neutral
Texas Mineral Resources Corp. filed the final prospectus for a registered offering.
22 July 2015securities registration● Neutral
Texas Mineral Resources Corp. filed the final prospectus for a registered offering.
21 July 2015material agreement● NeutralMajor
The company formed a joint venture, ReeTech, LLC, with K-Technologies to develop K-Tech's ion exchange technology for extracting rare earths. K-Tech holds 97.21% and the company 2.79% for a $391,000 cash payment; the company can earn up to 49.9% by contributing up to $7.0 million on milestones, with the first phase about $2 million and no further obligation if phase one milestones are missed. The company would also owe a one-time $5 million fee at start-up of its first processing plant to use the technology.
15 July 2015quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $188 thousand for the period ended 2015-05-31.
23 Apr 2015securities registration● Neutral
Texas Mineral Resources Corp. filed the final prospectus for a registered offering.
14 Apr 2015quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $1.1 million for the period ended 2015-02-28.
27 Jan 2015material agreement● NeutralMajor
The company closed its rights offering, raising about $940,000 gross from 4,272,270 units at $0.22. Each unit has one share, a $0.35 five-year Class A warrant and a $0.50 five-year Class B warrant, and a warrant agreement was signed January 21, 2015. The stated uses are the Round Top hydrometallurgy plan and general corporate expenses; more shares and warrants add dilution.
14 Jan 2015quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $377 thousand for the period ended 2014-11-30.
14 Jan 2015securities registration● Neutral
Texas Mineral Resources Corp. filed the final prospectus for a registered offering.
12 Dec 2014securities registration● Neutral
Texas Mineral Resources Corp. filed the final prospectus for a registered offering.
10 Dec 2014securities registration● Neutral
Texas Mineral Resources Corp. amended a filing by which it registered a securities offering with the SEC.
13 Nov 2014securities registration● Neutral
Texas Mineral Resources Corp. amended a filing by which it registered a securities offering with the SEC.
1 Oct 2014securities registration● Neutral
Texas Mineral Resources Corp. amended a filing by which it registered a securities offering with the SEC.
28 Aug 2014securities registration● Neutral
Texas Mineral Resources Corp. registered a securities offering with the SEC.
15 July 2014quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $534 thousand for the period ended 2014-05-31.
14 Apr 2014quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $988 thousand for the period ended 2014-02-28.
12 Feb 2014substantial holder notice● Neutral
RLR Services Partnership reported a Texas Mineral Resources Corp. shareholding of 1,823,365 shares (4.90% of votes) in a periodic institutional filing.
13 Jan 2014quarterly activities report▼ Bad
Texas Mineral Resources Corp. reported a quarterly net loss of $706 thousand for the period ended 2013-11-30.
23 Dec 2013resource reserve update● NeutralMajor
The company received an updated Preliminary Economic Assessment for its Round Top rare earth project (effective November 30, 2013, dated December 20, 2013), prepared by Gustavson Associates and Resource Development, Inc., and furnished it as an exhibit. This updates the June 2012 assessment. The filing text does not state any figures from the assessment, so its results are not known from this filing.
14 Nov 2013substantial holder notice● Neutral
Libra Advisors, LLC, Ranjan Tandon, LLC, Libra Fund, L.P, Ranjan Tandon reported a Texas Mineral Resources Corp. shareholding of 890,433 shares (2.40% of votes) in a periodic institutional filing.