Press Releases

Robert Wingo Joins Texas Rare Earth Resources Advisory Board

Former Chairman of the Texas Economic Development Corporation joins Advisory Board

SIERRA BLANCA, Texas, March 20, 2014 (MARKETWIRED) -- Texas Rare Earth Resources Corp. (OTCQX: TRER), a heavy rare earths exploration company, is pleased to announce that Robert Wingo, President and CEO of El Paso based Sanders/Wingo Advertising, has joined the Company’s Advisory Board.

“We are extremely pleased to welcome Bob to our team,” commented Dan Gorski, CEO of Texas Rare Earth Resources.  “Bob is a highly respected businessman with extraordinary relationships in the state of Texas and in particular the El Paso business community. His expertise will be invaluable as we look to develop our Round Top project as the centerpiece of a national rare earth hub in the El Paso area.”

Bob Wingo commented, “I am honored to join the Advisory Board at Texas Rare Earth Resources. I believe Texas Rare Earth Resources has the ability to dramatically impact the economic development of the El Paso area for many years to come and I intend to work with them as they develop their Round Top project into a national and state asset.”    

Bob Wingo joined Sanders\Wingo in 1983.  In the decades since, Bob’s commitment to authenticity and excellence has fueled the Sanders\Wingo team to expand the agency’s presence from El Paso across Texas to Austin, and into regional offices in New York, San Francisco and Los Angeles. Sanders\Wingo has since amassed a portfolio that includes work for AT&T, State Farm, Chevrolet, GECU, MINI USA, El Paso Convention and Visitors Bureau, Ocean Alexander, Peter Piper Pizza and the United States Postal Service. S\W is the fifth-largest African American–owned advertising agency in the nation, fostering and attracting talent from top schools and agencies all over the world.

Generosity with his knowledge and experience has led to a wealth of civic involvement and public service over the course of his career. In the 1990s, Texas Governor George W. Bush made Bob a member of the Finance Commission of Texas. In January of 2004, Texas Governor Rick Perry appointed Bob to the Texas Economic Development Corporation Board, where he served as Chairman. Governor Perry also appointed Bob to a position on the Texas Higher Education Coordinating Board.

On a national scale, Bob sits on the board of the Martin Luther King, Jr. Memorial Foundation. Other board service includes seats on the Boards of Las Palmas Del Sol Medical Centers, UnitedHealthcare, Cancer Prevention & Research Institute of Texas and Wells Fargo Community Bank. Many organizations have honored Bob for his contributions to the community and to the fields of marketing and advertising. One of the most notable testaments to Bob’s leadership has been the  recognition of Sanders\Wingo as Black Enterprise 2009 Advertising Agency of the Year.

Recently, The University of Texas at El Paso and its Alumni Association honored Bob Wingo as one of their 2013 Distinguished Alumni.

Today, Bob’s contributions to his community include:  

Martin Luther King, Jr. – National Memorial Foundation – Board Member
Las Palmas Del Sol Medical Centers – Board Member
UnitedHealthcare Texas Advisory Board – Board Member
CPRIT (Cancer Prevention Research Institute of Texas) Foundation - Member
UTEP College of Business  – Advisory Board Member and Guest Speaker
University of Texas at El Paso Centennial Committee – Board Member
Economic Development Initiative for The Paso Del Norte Group – Co-Chairman
YWCA Capital Campaign Steering Committee – Campaign Co-Chairman

About Texas Rare Earth Resources Corp.
Texas Rare Earth Resources Corp.'s primary focus is exploring and, if warranted, developing its Round Top rare earth minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso. The Company’s common stock trades on the OTCQX U.S. tier under the symbol “TRER.” For more information on Texas Rare Earth Resources Corp., visit its website at www.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, including, but not limited to, statements regarding  the potential development of the Round Top project , Mr. Wingo’s future contributions to the Company and its Advisory Board and other such similar 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 the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, risks related to changes in future operating costs and working capital balance, risks related to mineral estimates, risks related to mining results not matching preliminary tests and risks related to the ability of the company to successfully monetize its non-rare earth resources, as well as those factors discussed under the heading “Risk Factors” in the Company’s latest annual report on Form 10-K, as filed on November 26, 2013, and other documents filed with the U.S. Securities and Exchange Commission. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements.

Company Contact:
Texas Rare Earth Resources Corp.
Anthony Marchese, Chairman
E-mail: amarchese@trer.com