SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: February 15, 2012
(Date of earliest event reported)
(Exact Name of Registrant as Specified in Charter)
|
(State or Other Jurisdiction of Incorporation)
|
0-53482
(Commission File Number)
|
87-0294969
(IRS Employer Identification No.)
|
|
304 Inverness Way South, Suite 365
Englewood, CO 80112
(Address of principal executive offices)
|
80112
(Zip Code)
|
Registrant’s telephone number, including area code: (303) 597-8737
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
| o |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
| o |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
| o |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 5.07. Submission of Matters to a Vote of Security Holders
Results of Annual General Meeting of Stockholders
On February 15, 2012, Texas Rare Earth Resources Corp. (the “Company”) held its annual general meeting of stockholders at the Denver Marriott South, Salon A, 10345 Park Meadows Drive, Littleton, Colorado 80124 at 10:00 a.m. local time. Stockholders representing 29,981,475 shares or 85.82% of the shares of common stock authorized to vote (34,935,009) were present in person or by proxy, representing a quorum for the purposes of the annual general meeting. The stockholders approved the following:
|
Proposal #1 – Election of Directors
The election of the nominees to the Company’s Board of Directors to serve until the Company’s 2013 annual meeting of stockholders or until successors are duly elected and qualified:
|
For
|
Withheld
|
Abstained
|
Broker
Non Vote
|
|
|
K. Marc LeVier
|
8,660,622
|
18,431,800
|
613,750
|
2,275,303
|
|
|
Anthony Marchese
|
23,686,812
|
4,003,610
|
15,750
|
2,275,303
|
|
|
Daniel Gorski
|
26,689,212
|
1,001,510
|
15,750
|
2,275,303
|
|
|
Gregory Martin
|
23,590,812
|
4,003,610
|
111,750
|
2,275,303
|
|
|
James Graham
|
23,686,912
|
4,003,510
|
15,750
|
2,275,303
|
|
|
Graham Karklin
|
23,686,912
|
4,003,510
|
15,750
|
2,275,303
|
|
|
Proposal #2 – Appointment of Auditors
To ratify the appointment of the Company’s Independent Registered Public Accounting Firm for the 2012 fiscal year
|
For
|
Against
|
Abstain
|
Broker Non Vote
|
|
|
29,895,237
|
63,191
|
23,047
|
0
|
||
|
Proposal #3 – Adoption of Option Plan Share Increase
To ratify the Option Plan Share Increase
|
For
|
Against
|
Abstain
|
Broker Non Vote
|
|
|
19,740,720
|
5,342,902
|
2,622,550
|
2,275,303
|
||
Pursuant to Nevada Revised Statutes Section 78.330, election of directors is by a plurality of the vote. As the Company had six available director seats on the Company’s Board of Directors and there were six nominees for election, all nominees for election to the Company’s Board of Directors were elected to the Board and will serve until the Company’s 2013 annual meeting of shareholders or until their successors are duly elected and qualified. The proposals to ratify the appointment of the Company’s Independent Registered Public Accounting Firm for the 2012 fiscal year and to ratify the increase in the number of shares of common stock issuable pursuant to the Company’s stock option plan were approved.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
TEXAS RARE EARTH RESOURCES CORP.
|
|
|
|
|
|
|
|
|
|
|
DATE: February 21, 2012
|
By:
|
/s/ Wm. Chris Mathers
|
|
Wm. Chris Mathers
Chief Financial Officer
|
||
|
|
||