This website contains forward-looking statements within the meaning of the United States Securities Act of 1933, as amended, and the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this website that address activities, events or developments that Texas Mineral Resources Corp. (“TMR”) expects or anticipates will or may occur in the future, including financial and operating results and estimates, future business goals, strategy and plans, competitive strengths, growth of TMR’s business, project development, mineral reserve and mineral resource estimates, TMR’s potential competitive advantages, the expected timing for the release of technical reports, including preliminary economic assessments, prefeasibility studies and feasibility study, the results and effects of such technical reports, the potential for favorable metallurgy, the projected market for HREEs and CREEs, and other such matters are forward-looking statements. When used in this website, the words “estimate”, “plan”, “anticipate”, “expect”, “intend”, “believe” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause TMR’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to TMR’s property being in the exploration stage; risks related to mineral estimates; risks related to TMR’s mineral operations being subject to government regulation; risks related to TMR’s ability to obtain additional capital to develop its resources, if any; risks related to TMR’s mineral exploration activities; risks related to the fluctuation of prices for precious and base metals; risks related to the competitive industry of mineral exploration; risks related to TMR’s title to and rights in its mineral property; risks related the possible dilution of TMR’s common stock from additional financing activities; and risks related to TMR’s shares of common stock. This list is not exhaustive of the factors that may affect TMR’s forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are described further in TMR’s latest Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents filed with the United States Securities and Exchange Commission. Although TMR has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. TMR does not intend to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
The United States Securities and Exchange Commission (“SEC”) limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. This website uses terms that comply with reporting standards in Canada and certain estimates are made in accordance with Canadian National Instrument 43-101 (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the “CIM Standards”). This website uses the terms “mineral resource,” “measured and indicated mineral resource,” and “inferred mineral resource.” We advise U.S. investors that while these terms are defined in accordance with NI 43-101 such terms are not recognized under the SEC’s Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. Mineral resources in these categories have a great amount of uncertainty as to their economic and legal feasibility. “Inferred resources” have a great amount of uncertainty as to their existence and, under Canadian regulations, cannot form the basis of a pre-feasibility or feasibility study, except in limited circumstances. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant “reserves” as in-place tonnage and grade without reference to unit measures. Under SEC Industry Guide 7 standards, a “final” or “bankable” feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and all necessary permits and government approvals must be filed with the appropriate governmental authority. Our projects currently do not contain any known proven or probable ore reserves under SEC Guide 7 reporting standards. The results of the PEA disclosed on our website are preliminary in nature and include inferred mineral resources that are considered speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the results of the PEA will be realized. Estimates of Uranium occurring on this website are based on an analysis of limited, historical drill holes at the Round Top project and may not be indicative of mineralization throughout the project area. Estimates of Beryllium occurring on this website are based on historical, third party feasibility studies, do not represent SEC Industry Guide 7 compliant reserves and do not represent the current economic feasibility of the Beryllium mineralization. U.S. investors are urged to consider closely the disclosure in our latest reports and registration statements filed with the SEC. You can review and obtain copies of these filings at http://www.sec.gov/edgar.shtml. U.S. Investors are cautioned not to assume that any defined resource will ever be converted into SEC Industry Guide 7 compliant reserves.