QualityStocksNewsBreaks – USA Rare Earth, Inc. (Nasdaq: USAR) to Acquire Texas Mineral Resources (OTCQB: TMRC) in $73M Stock Deal
USA Rare Earth (Nasdaq: USAR) and Texas Mineral Resources (OTCQB: TMRC) announced a definitive agreement under which USAR will acquire all outstanding shares of TMRC in exchange for 3,823,328 shares of USAR common stock in a transaction valued at approximately $73 million. The acquisition will consolidate USAR’s ownership of the Round Top Project in Texas, making the company the sole operator and 100% economic beneficiary of the rare earth and critical minerals development as it advances its accelerated mining plan toward expected commercial production in 2028 and builds a U.S.-anchored, non-China mine-to-magnet supply chain. To view the full press release, visit https://ibn.fm/OE5Zb About USA…