Mergers & Acquisitions ·
Texas Mineral Resources Corp. held a Special Meeting of Stockholders on July 28, 2026, to vote on the Agreement and…
TMRCDyTb, LLC
Texas Mineral Resources Corp. held a Special Meeting of Stockholders on July 28, 2026, to vote on the Agreement and Plan of Merger dated March 4, 2026, with USA Rare Earth, Inc. (USAR). The proposal required approval by a majority of all outstanding shares, with abstentions and broker non-votes counting as 'AGAINST' votes. With 88,339,693 shares outstanding as of the June 2, 2026 record date, 50,803,815 shares were present, constituting a quorum. The Merger Proposal was approved with 50,053,327 votes in favor, 550,821 against, and 199,667 abstentions. This transaction will result in Texas Mineral Resources Corp. becoming a wholly owned subsidiary of USAR. The company operates in the mineral resources and rare earth extraction industry.