March 21, 2012 (Source: Businesswire) --?Texas Rare Earth Resources Corp.?(the ?Company?) (OTCQX: TRER), a mineral exploration and development company, today announced the Strategic Communications practice of?FTI Consulting?(NYSE: FCN) as its new communications firm of record.
?Selecting FTI Consulting is a natural next step in our company?s evolution. Our shared commitment to strategic communications, particularly at this critical time where we are completing the Preliminary Economic Assessment on our Round Top Project, will serve our business and various stakeholders well,? said Marc LeVier, chief executive officer of Texas Rare Earth Resources. ?FTI Consulting has extensive experience within the mining industry and its professionals are already applying their communications expertise to help us effectively articulate our long-term value proposition."
The Strategic Communications practice of FTI Consulting, formerly known as FD, is one of the world?s most highly regarded communications consultancies. With more than 20 years of experience advising management teams in critical situations, the Strategic Communications practice supports clients in protecting and enhancing their reputation in the capital markets, society and the political environment. FTI?s Strategic Communications practice provides financial communications, corporate communications and public affairs services, with specialty offerings that include strategy consulting, research, creative engagement, crisis and issues management, and change communications.
About Texas Rare Earth Resources
Texas Rare Earth Resources Corp.'s primary focus is exploring and developing its Round Top heavy rare earth minerals project. The Round Top project is located in Hudspeth County, Texas, 85 miles east of El Paso, Texas. The Company?s common stock trades on the OTCQX U.S. Premier tier under the symbol ?TRER.?
For more information on Texas Rare Earth Resources Corp., visit our website at?trer.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Texas Rare Earth Resources expects or anticipates will or may occur in the future, including such things as the potential development of the Round Top rare earth project, estimates of mineralized material, the potential ratio of heavy to total rare earth minerals present at the Round Top project, the number of metric tons of rhyolite contained at the Round Top project, possible low costs of production, advancement of exploration and resource definition, future mineralogical and metallurgical analysis, future baseline environmental studies, future geological modeling and test table construction, timing for completion of the pre-feasibility study, the preliminary economic assessment, the feasibility study, potential land and permitting efforts, timing for core hole drilling, expected results of future metallurgical testing, the Company?s focus on Dysprosium, Neodymium, Terbium, and Yttrium, future production decisions and timing for anticipated production and other such similar matters are forward-looking statements. When used in this press release, the words ?potential?, ?indicate?, ?expect?, ?intend?, ?hopes,? ?believe,? ?may,? ?will,? ?if, ?anticipate? and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Texas Rare Earth Resources to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of mineralized material estimates, risks relating to completing drilling and metallurgical testing at the Round Top project, risks related to project development determinations, risks related to fluctuations in the price of rare earth minerals, the inherently hazardous nature of mining-related activities, potential effects on Texas Rare Earth Resource?s operations of environmental regulations, risks due to legal proceedings, risks related to uncertainty of being able to raise capital on favorable terms or at all, as well as those factors discussed under the heading ?Risk Factors? in Texas Rare Earth Resource?s latest annual report on Form 10-K as filed on November 22, 2011 and other documents filed with the U.S. Securities and Exchange Commission. Although Texas Rare Earth Resources has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, Texas Rare Earth Resources assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.
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