Texas Mineral Resources Corp. (TMRC) has announced the appointment of Jonathan Beigle to its Board of Directors, effective May 8, 2025. Mr. Beigle will also serve on the Audit Committee of the Board. With this appointment, the Board will consist of six directors, five of whom are independent.

Anthony Marchese, chairman of TMRC, expressed his pleasure in welcoming Mr. Beigle, emphasizing that his extensive experience in precious and critical metals mining will be invaluable as TMRC expands its business.

Mr. Beigle brings over 20 years of experience in leadership roles within the metals and mining industry. Since 2020, he has been the director, president, and chief executive officer of Ridgeline Royalties Incorporated (Ridgeline), a key provider of royalty and stream financing for miners in the clean energy sector. Before Ridgeline, Mr. Beigle was part of Newmont Corporation’s investor relations team from 2018 to 2020. From 2004 to 2016, he worked as a mining analyst at Manning & Napier Advisors, an institutional investment firm.

Mr. Beigle's previous board experience includes serving on the board of directors of the Rocky Mountain Chapter of the National Investor Relations Institute (2020-2024) and as a member of the Finance Strategic Committee for the Society for Mining, Metallurgy and Exploration (2018-2021). He holds a Master of Science degree in mining engineering and management from the South Dakota School of Mines, a Bachelor of Science degree in business with a specialization in finance from Liberty University, and is a CFA® charterholder.

In addition to Mr. Beigle’s appointment, Texas Mineral Resources Corp. has announced the resignation of Kevin Francis from the Board for personal reasons. TMRC has expressed gratitude for Mr. Francis’s service and insights during his tenure.

Texas Mineral Resources Corp. is focused on the development and commercialization, in partnership with its joint venture operating partner, of the Round Top heavy-rare earth, technology metals, and industrial minerals project in Hudspeth County, Texas. TMRC currently holds approximately a 19.3% interest in this project. The company is also exploring other potential domestic mining opportunities, primarily in gold and silver. TMRC’s common stock is traded on the OTCQB U.S. tier under the symbol “TMRC.”