Texas Rare Earth Resources to Host Conference Call to Discuss Results of the PEA Study on Its Round Top Project

Texas Rare Earth Resources Corp. (the 'Company?) (OTCQX: TRER), a rare
earths mineral exploration and development company, announces that it
will host a conference call on Friday, June 15, 2012, at 11:00 a.m. EDT
to discuss the results of the Preliminary Economic Assessment (PEA)
study on its Round Top Project. A press release with the PEA results
will be available on our website prior to the call.

The TRER conference call will be accessible by dialing toll-free
1.877.407.0789, or toll/international 1.201.689.8562. The live webcast
will be available at trer.com,
where it will be archived afterward. The press release and presentation
of the PEA results will also be available on TRER′s website at trer.com.

To listen to the conference replay, dial toll-free 1.877.870.5176,
toll/international 1.858.384.5517, and enter replay pin number 396288.
The replay will be available from 2:00 p.m. EDT the day of the
conference call until 11:59 p.m. EDT, June 22, 2012. A transcript will
be posted 48 hours after the call ends.

About Texas Rare Earth Resources

Texas Rare Earth Resources Corp.'s primary focus is exploring and
developing its Round Top 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
its website at trer.com.

Forward-Looking Statement

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. The timing for the release
of the PEA and the timing for the investor call are forward-looking
statements. When used in this report, 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
and uncertainty regarding the completion and release of the PEA and the
contents of the PEA and the timing of the investor call, as well as
those factors discussed under the heading 'Risk Factors? in the
Company′s quarterly report on Form 10-Q as filed on April 16, 2012 and
the Company′s latest annual report on Form 10K as filed on November 22,
2011 and other documents filed with the U.S. Securities and Exchange
Commission. Although the Company 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, the Company assumes no obligation to publicly update
any forward- looking statements, whether as a result of new information,
future events, or otherwise.

Texas Rare Earth Resources Corp.

Nadine Wakely, 303-597-8737, Ext
111

Director Investor Relations

nwakely@trer.com