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 Rare Earth Resources Corp. (“TRER”) 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 TRER’s business, project development, mineral reserve and mineral resource estimates, TRER’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 TRER’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 TRER’s property being in the exploration stage; risks related to mineral estimates; risks related to TRER’s mineral operations being subject to government regulation; risks related to TRER’s ability to obtain additional capital to develop its resources, if any; risks related to TRER’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 TRER’s title to and rights in its mineral property; risks related the possible dilution of TRER’s common stock from additional financing activities; and risks related to TRER’s shares of common stock. This list is not exhaustive of the factors that may affect TRER’s forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are described further in TRER’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 TRER 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. TRER 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.
Cautionary Note to U.S. Investors Concerning Estimates of Resources: The United States Securities and Exchange Commission (the “SEC”) permits United States mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract, or produce. Under SEC reporting 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 the primary environmental analysis or report must be filed with the appropriate governmental authority. Our Round Top project currently does not contain any known proven or probable ore reserves under SEC reporting standards. Our reference in this website to mineralized rhyolite contained at the Round Top project is a reference only to potential in-place mineralization. U.S. Investors are cautioned not to assume that mineralization reflects economically and legally recoverable quantities of rare earth minerals.
We use certain terms in this website such as “resource,” which the SEC guidelines generally prohibit United States companies from including in their filings with the SEC. The SEC normally only permits issuers to report mineralization that does not constitute “reserves” by SEC reporting standards as in-place tonnage and grade without reference to unit measures. U.S. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into SEC compliant reserves.
U.S. Investors are urged to consider closely the disclosure in our in our latest reports and registration statements filed with the SEC which may be secured from us, or from the SEC’s website at http://www.sec.gov/edgar.shtml.
