Tactical Resources Corp. Announces Closing of Debenture
Tactical Resources Corp. (TSXV: RARE) announced a non-brokered private placement of $500,000 in unsecured convertible debentures with a maturity date of January 21, 2027. The debentures can be converted into units at $0.20 each, with each unit comprising one common share and one purchase warrant. The debentures carry a 10% annual interest rate, payable at […]
Tactical Resources Reflects on Transformative Year,
Tactical Resources Corp. plans a business combination with Plum Acquisition Corp. III, paving the way for a Nasdaq listing and growth capital. The Peak Project enhances U.S. critical mineral production, especially rare earth elements (REEs), amid China’s export restrictions. Progress in technical work has aligned Tactical Resources with U.S. defense objectives, strengthening its role in […]
Tactical Resources Intends to Amend Certain Consulting
Tactical Resources Corp. plans to amend consulting agreements with certain executives, including the CEO and CFO, to restructure bonus payments tied to a future listing on a U.S. exchange. The adjustments aim to reduce total bonuses before the expected business combination with Plum Acquisition Corp. III, which would trigger a new bonus structure based on […]
Tactical Resources and Plum Acquisition Corp. III Announce
Tactical Resources Corp. has filed a Form F-4 Registration Statement with the SEC for a proposed business combination with Plum Acquisition Corp. III, forming a new publicly traded entity. This combination requires shareholder approval and SEC clearance. CEO Ranjeet Sundher emphasized its importance for Tactical’s listing on Nasdaq, enhancing its pursuit of developing rare earth […]
Tactical Resources Strengthens Position Amid Rare Earth
Tactical Resources Corp. (TSXV: RARE) has provided a corporate update regarding its Peak Project in response to recent shifts in the global rare earth elements (REE) supply chain due to China’s regulatory changes. The company aims to reduce reliance on Chinese exports by developing its U.S.-based REE resources. Tactical Resources’ Peak Project, strategically located near […]
Tactical Resources Provides Information Proposed Business Combination
VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) — Tactical Resources Corp. (TSX.V: RARE | OTC: USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, is pleased to provide additional information regarding its proposed business combination (the “Proposed Business Combination”) with Plum Acquisition Corp. III (NASDAQ: PLMJ) (“Plum”), a special purpose acquisition […]