On October 1, 2013, Texas Rare Earth Resources Corp. appointed Mr. Eric Noyrez to serve as a member of the company's Board of Directors. Mr. Noyrez served as the Chief Executive Officer of Lynas Corporation Limited, a company engaged in integrated extraction and processing of rare earth minerals, primarily in Australia and Malaysia from March 31, 2013 to June 5, 2014 and served as an Executive Director until June 5, 2014.