8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 26, 2018

Trecora Resources

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 1-33926 (Commission File Number) 75-1256622 (IRS Employer Identification No.)

1650 Hwy 6 South, Suite 190

Sugar Land, Texas 77478

(Address of principal executive offices)

(281) 980-5522

(Registrant’s Telephone Number, Including Area Code)

Not applicable

(Former name or former address, if changed since last report)

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:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

	Emerging growth company	o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.		o

Item 8.01 Other Events.

On January 2, 2019, Trecora Resources (the “Company”) issued a press release announcing that Al Masane Al Kobra Mining Company (“AMAK”), a Saudi Arabian closed joint stock mining company in which the Company owns a 33.4% stake, completed the repurchase of 10% of its outstanding shares on a pro-rata basis from its existing shareholders, resulting in gross proceeds of $5.3 million to the Company. The Company’s ownership percentage in AMAK did not change as a result of the share repurchase, which was completed on December 26, 2018. The Company expects to pay approximately $0.8 million in taxes related to the share repurchase.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are being filed as part of this report:

Exhibit No.	Description of Exhibit
99.1	Press Release of the Company, dated January 2, 2019

SIGNATURE

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.

	TRECORA RESOURCES
Date: January 2, 2019	By:	/s/ Christopher Groves
		Christopher Groves
		Corporate Controller

EX-99.1

Trecora Resources Announces Proceeds of $5.3 million from AMAK Mining Co. Share Repurchase

SUGAR LAND, Texas, January 2, 2019 /PRNewswire/ -- Trecora Resources (the ”Company”) (NYSE: TREC), a leading provider of high purity specialty hydrocarbons and waxes, today announced that on December 26, 2018, Al Masane Al Kobra Mining Company (“AMAK”), a Saudi Arabian closed joint stock mining company in which the Company owns a 33.4% stake, completed the repurchase of 10% of its outstanding shares on a pro-rata basis from its existing shareholders, resulting in gross proceeds of $5.3 million to the Company. The Company’s ownership percentage in AMAK did not change as a result of the share repurchase.

Pat Quarles, President and Chief Executive Officer, said “We believe that this $5.3 million AMAK share repurchase is beneficial for multiple reasons. It provides the Company with additional liquidity to be used for general corporate purposes and importantly, demonstrates the significant operational and financial improvements achieved at AMAK, better positioning it for a potential monetization event in the future.”

The Company expects to pay approximately $800,000 in taxes related to this share repurchase.

About Trecora Resources (TREC)

TREC owns and operates a facility located in southeast Texas, just north of Beaumont, which specializes in high purity hydrocarbons and other petrochemical manufacturing. TREC also owns and operates a leading manufacturer of specialty polyethylene waxes and provider of custom processing services located in the heart of the Petrochemical complex in Pasadena, Texas. In addition, the Company is the original developer and a 33.4% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian joint stock company.

Forward-Looking Statements

Statements in this press release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon our belief, as well as, assumptions made by and information currently available to us. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Trecora Resources' filings with the Securities and Exchange Commission, including Trecora Resources' Annual Report on Form 10-K for the year ended December 31, 2017, and the Company's subsequent Quarterly Reports on Form 10-Q. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release.

Investor Relations Contact:Jean Marie Young
The Piacente Group, Inc. 
212-481-2050trecora@tpg-ir.com