Sec Form 13G Filing - Roseland Enterprises LTD. filing for Texas Mineral Resources Corp. (TMRC) - 2020-02-14

       

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

 

Texas Mineral Resources Corp.

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(Name of Issuer)

 

Common Stock

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(Title of Class of Securities)

 

88256L109

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(CUSIP Number)

 

Roseland Enterprises, LTD.

1408 Roseland Blvd.

Tyler, TX 75701-3121

Tel: (903) 520-8332

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(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

February 14, 2020

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(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 

☐ Rule 13d-1(b)

 

☒ Rule 13d-1(c)

 

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 CUSIP No.: 88256L109

 

1.  Names of Reporting Person: Roseland Enterprises, LTD.

 

 

2.  Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ☐

(b) ☐

 

3.  SEC Use Only.

 

4.  Citizenship or Place of Organization: United States of America

 

 

NUMBER OF SHARES  BENEFICIALLY       OWNED BY EACH REPORTING PERSON WITH:	5.	Sole Voting Power.	2,402,500
	6.	Shared Voting Power.	0
	7.	Sole Dispositive Power.	2,402,500
	8.	Shared Dispositive Power.	0

 

9.   Aggregate Amount Beneficially Owned by Each Reporting Person:  2,402,500

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares.  ☐

 

11. Percent of Class Represented by Amount in Row (9):  4.2%

 

12. Type of Reporting Person:  PN

 

 

 

 

Item 1.

 

(a) Name of Issuer:

 

Texas Mineral Resources Corp. (the “Issuer”)

 

(b) Address of Issuer’s Principal Executive Offices:

 

539 El Paso St., Sierra Blanca, TX 79851

 

Item 2.

 

(a) Name of Person Filing:

 

Roseland Enterprises, LTD.

 

(b) Address of Principal Business Office or, if none, Residence:

 

1408 Roseland Blvd., Tyler, TX 75701-3121

 

(c) Citizenship:

 

Texas

 

(d) Title of Class of Securities:

 

This Statement relates to the common stock of the Issuer.

 

(e) CUSIP Number:

 

88256L109

 

Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)	☐	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)	☐	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)	☐	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)	☐	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e)	☐	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)	☐	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)	☐	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	☐	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	☐	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Act of 1940 (15 U.S.C. 80a-3);
(j)	☐	A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J).
(k)		Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

Not applicable.

 

Item 4.  Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

 

(a)   Amount Beneficially Owned:

 

2,402,500

 

(b)   Percent of Class:

 

Roseland Enterprises, LTD. is the beneficial owner of 2,402,500 shares of common stock.    The shares of Common Stock beneficially owned by Roseland Enterprises, LTD. equal approximately 4.2% of the Issuer’s outstanding shares of common stock, based on 57,805,857 shares outstanding as of January 9, 2020, as reported in the Issuer’s quarterly report on Form 10-Q, filed with the SEC on January 9, 2020.

 

(c)   Number of shares as to which the person has:

 

(i)   Sole power to vote or to direct the vote:  2,402,500

 

(ii)   Shared power to vote or to direct the vote:  0

 

(iii)   Sole power to dispose or to direct the disposition of:  2,402,500

 

(iv)   Shared power to dispose or to direct the disposition of:  0

 

Item 5.  Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ☒

 

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Not applicable.

 

Item 8.  Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9.  Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.  Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

	ROSELAND ENTERPRISES, LTD.
	By:	/s/ Patricia McDonald
	Printed Name:   Patricia McDonald
	By:	/s/ Judith Wolters
	Printed Name:   Judith Wolters

 

Dated: February 14, 2020