{"url_path":"/sec/tmrc/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/1445942/0001999371-26-013924-index.html","accession_number":"0001999371-26-013924","cik":"0001445942","ticker":"TMRC","issuer_name":"Texas Mineral Resources Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1445942/0001999371-26-013924-index.html","primary_entity_key":"0001445942","primary_entity_name":"Texas Mineral Resources Corp."},"word_count":250,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\nExcept as set forth below, all unregistered sales\nof equity securities during the period covered by this Quarterly Report (including through the date hereof) were previously disclosed\nin our current reports on Form 8-K. For clarity, each of the October 2025 and November 2025 issuances described below was the result of\na warrant exercise and the potential issuance of such shares of common stock underlying the warrant was previously disclosed in Item 3.02\nof a Form 8-K filed in February 2025.\n\n \n\n**Date** \n**Description** \n**Number of Shares**\n**Purchaser** \n**Proceeds**\n\n**($)**\n**Consideration** \n**Exemption (C)** \n\nOctober 2025\nCommon Stock\n100,000\nWarrant Holder\n$30,000\nCash\nSec. 4(a)(2)\n\nNovember 2025\nCommon Stock\n500,000\nWarrant Holder\n$150,000\nCash\nSec. 4(a)(2)\n\nJanuary 2026\nCommon Stock\n111,729\nDirectors\n$Nil\nServices\nSec. 4(a)(2)\n\nFebruary 2026\nCommon Stock\n45,250\nConsultant\n$Nil\nServices\nSec. 4(a)(2)\n\nMarch 2026\nCommon Stock\n123,581\nDirectors\n$Nil\nServices\nSec. 4(a)(2)\n\n \n\nWith respect to sales designated by “Sec.\n4(a)(2),” these shares were issued pursuant to the exemption from registration contained in to Section 4(a)(2) of the Securities\nAct as privately negotiated, isolated, non-recurring transactions not involving any public offer or solicitation. The purchaser represented\nthat its intention was to acquire the shares for investment only and not with a view toward distribution. None of the securities were\nsold through an underwriter and accordingly, there were no underwriting discounts or commissions involved.\n\n \n\nWe did not repurchase any of our securities during\nthe quarter covered by this report."}