EDITOR: | December 23rd, 2013 | 1 Comment

Texas Rare Earth Resources Posts Round Top Project Preliminary Economic Assessment on Company Website

| December 23, 2013 | 1 Comment
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Texas-Rare-Earth-Resources-Corp-200x125December 23, 2013 (Source: Marketwired) — Company to Host Conference Call Presentation on January 6, 2014

Texas Rare Earth Resources Corp. (OTCQX: TRER), a heavy rare earths exploration company, today announced that the complete NI 43-101 Preliminary Economic Assessment (PEA) for its Round Top Project has been posted on the front page of the Company’s website at www.trer.com.

Management will host a shareholder update conference call and presentation on Monday, January 6th from 4:00 – 5:00 p.m. EST. During the call, members of management and the board of directors will discuss the Round Top Project and the recently completed PEA. The conference call and presentation will be in a listen-only mode. Management kindly asks all interested participants to submit their questions in advance to Alliance Advisors at valter@allianceadvisors.net no later than close of business on Friday, January 3, 2014.

Conference Call Details:
Date: Monday, January 6, 2013
Time: 4:00 – 5:00 p.m. EST
Participant Dial-In: (877) 941-1427
Live Webcast: http://public.viavid.com/index.php?id=107336 or http://trer.com/investors/
Submit Questions to: valter@allianceadvisors.net

It is recommended that participants dial in approximately 10 minutes prior to the start of the 4:00 p.m. Eastern call. There will also be a simultaneous live webcast of the conference call which can be accessed through the following audio feed link and archived recording of the conference call available by clicking on http://public.viavid.com/index.php?id=107336 or under the Investor Relations section of the company website at http://trer.com/investors/.

About Texas Rare Earth Resources Corp.
Texas Rare Earth Resources Corp.’s primary focus is exploring and, if warranted, developing its Round Top rare earth minerals project located in Hudspeth County, Texas, 85 miles east of El Paso. The Company’s common stock trades on the OTCQX U.S. tier under the symbol “TRER.” For more information on Texas Rare Earth Resources Corp., visit its website at www.trer.com.


Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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Comments

  • Aat Oskam

    The PEA is based on fair prices of individual REE’s and a earn-back in 1,5 years, a beautiful suite of (H)REE’s, but:
    – a share price of 0.48 US$, loss of 0.40 US$ / share by august 2012
    – a cash burn rate of about 10M US$ in 2012, cash at hand of about 7 M US$ August 2012
    – need a Capex of 293M US$ initially, lots more thereafter
    – Warrants: about 8M at 2,50 US$ due in 2016
    Question: how will TRER face these challenges? Interested investors need factual answers imo.

    December 23, 2013 - 6:03 PM

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