2013

Texas Rare Earth Resources New Chairman Discusses Company Developments in a Recent Interview with Pro-Edge Wire

June 10, 2013

Texas Rare Earth Resources Corp. (TRER) (“Texas Rare Earth”), a heavy rare earths exploration company, today announced that its Non-Executive Chairman of the Board, Mr. Anthony Marchese, was recently interviewed by ProEdge Media Corp.

During the interview, Mr. Marchese discussed several topics including his appointment as Non-Executive Chairman of the Board. Mr. Marchese described his relationship with the former Chairman, Mr. Tumazos as “a major shareholder” and together “all have the same goal of a higher share price”. Mr. Marchese went on later to comment that he and the Board of Directors “always entertain offers to sell the company and would like to run parallel paths. In addition to potentially selling the company, we will consider other strategic alternatives”.

Texas Rare Earth Resources recently appointed Ms. Laura Lynch to the Board of Directors. Mr. Marchese describes Ms. Lynch’s family as having “ties going back well over one hundred years to that portion of Texas. She is a very successful rancher and has been involved in the mining business. She is going to be an outstanding addition in helping us get into the Texas capital and political landscape”. Ms. Lynch is a University of Texas graduate and a local resident to the Company’s Round Top Project.

Mr. Marchese described the Company as being in the “home stretch” of its metallurgy studies. Previous feasibility studies suggest that Texas Rare Earth has the largest and highest grade of Beryllium deposit in the world below the ground and leaching studies suggest that it may be possible to leach from the top of the mountain.

Mr. Marchese concluded the interview by stating, “We believe we can monetize what we have and perhaps do other strategic steps to get to the next level of a world class deposit.”

For the full interview please visit http://bit.ly/13L14Id.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding ongoing technical work to prove out alternative production methodologies, finalizing these methodologies in a cost efficient manner and simultaneously pursuing alternative strategic arrangements, including selling the company, entertaining all serious strategic partners, including potential buyers and other such similar statements.. When used in this press release, the words “potential,” “indicate,” “expect,” “intend,” “hopes,” “believe,” “may,” “will,” “if, “anticipate,” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, risks related to changes in future operating costs and working capital balance, risks related to mineral estimates, risks related to mining results not matching preliminary tests and risks related to the ability of the company to successfully monetize its non-rare earth resources, as well as those factors discussed under the heading “Risk Factors” in the Company’s latest annual report on Form 10-K, as filed on November 15, 2012, and other documents filed with the U.S. Securities and Exchange Commission. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements.

Company Contact:

Texas Rare Earth Resources Corp.
Anthony Marchese, Non-Executive Chairman
E-mail: amarchese@trer.com

Investor Contact: Alliance Advisors, LLC

Alan Sheinwald Phone: (914) 669-0222
E-mail: asheinwald@allianceadvisors.net
Valter Pinto Phone: (914) 669-0222 x201
E-mail: valter@allianceadvisors.net