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Stock impact report

$73M Deal Gives Rare Earth Developer Full Control of Key U.S. Critical Minerals Project [Globe and Mail, The (Toronto, Canada)]

USA Rare Earth, Inc. (USAR) 
Against that backdrop, a major rare earth developer is moving to merge control of a key strategic asset in West Texas, announcing a transaction that significantly strengthens the push for an independent, non-China rare earth supply chain. USA Rare Earth (Nasdaq: USAR) has entered into a definitive agreement to acquire Texas Mineral Resources Corp. (OTCQB: TMRC) in an all-stock transaction valued at $73M. The deal grants USAR 100% ownership and operational control of the Round Top Project, eliminating the previous joint-venture structure and establishing a single, well-capitalized operator for one of North America's richest known deposit of heavy rare earths, gallium, and beryllium. Under the terms of the agreement, USA Rare Earth will issue 3.82M shares of its common stock to acquire all outstanding shares of TMRC. For Texas Mineral Resources shareholders, the transition offers an exit from the traditional junior mining model, which often faces significant dilution during the capi Show less Read more
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