Announcement • Jan 23
Tactical Resources Corp. announced that it has received CAD 1.308038 million in funding On January 22, 2026, Tactical Resources Corp. closed the transaction. The company announced that it has issued 207,625 common shares of the Company (the “Shares”) at an issue price of CAD 6.30 per Share, for gross proceeds of CAD 1,308,037.50. The securities issued pursuant to the Offering are subject to a statutory hold period of four (4) months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the Offering remains subject to final approval of the TSX Venture Exchange. In connection with the Offering, the Company paid a cash finder’s fee of CAD 130,803.75, representing 10% of the proceeds of the Offering, to an eligible arm’s length finder. Announcement • Jan 21
Tactical Resources Corp. announced that it expects to receive CAD 1.999998 million in funding Tactical Resources Corp. announced a non-brokered private placement of up to 214,285 common shares at an issue price of CAD 6.30 per share for gross proceeds of up to CAD 1,349,995.5 on January 20, 2026. In its discretion, the company may increase or decrease the size of the offering in accordance with the policies of the TSX Venture Exchange. In connection with the offering, the company may pay finders' fees in cash or securities, or a combination thereof, to certain finders, as permitted by the policies of the exchange. There is no minimum number of shares or minimum aggregate proceeds required to close the offering and the company may, at its discretion, elect to close the offering in one or more tranches. The securities issued pursuant to the offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation. Closing of the offering and the issuance of the shares are subject to a number of conditions, including receipt of all necessary regulatory and corporate approvals, including approval from the exchange. The company intends to close the offering imminently.
On the same day the company announced that it will now issue 317,460 common shares at an issue price of $6.30 per Share, for gross proceeds of up to CAD 1,999,998. In its discretion, the Company may increase or decrease the size of the Offering in accordance with the policies of the TSX Venture Exchange (the “Exchange”). Announcement • Nov 11
Tactical Resources Corp. announced that it expects to receive $140 million in funding Tactical Resources Corp. announced a private placement and entered into a Financing Agreement with Yorkville Advisors Global LP of Convertible Debt Financing of Notes of up to $40,000,000 on November 10, 2025. The notes are incur interest at a rate of 5 per cent, mature 12 months from closing The note for $7.5-million is convertible at Yorkville's option at a price based on the market trading price of PubCo's common shares, subject to an initial floor price equal to 20 per cent of the closing price of PubCo's common shares on the day prior to the effectiveness of the registration statement to be filed by PubCo pursuant to a registration rights agreement in connection with the SEPA. The company also entered into a Standby Equity Purchase Agreement on November 10, 2025 to raise up to $100,000,000. Under the SEPA, PubCo may access up to $100-million in equityfinancing from Yorkville over a 36-month period following the closing of the business combination. At closing, $7.5-million (U.S.) will be advanced to PubCo through aconvertiblenote, with a further $2.5-million available upon satisfaction of certain postclosing conditions and a further $30-million of advances upon mutual agreement. The notes are incur interest at a rate of 5 per cent, mature 12 months from closing (subject to extension by Yorkville). The note for $7.5-million is convertible at Yorkville's option at a price based on the market trading price of PubCo's common shares, subject to an initial floor price equal to 20 per cent of the closing price of PubCo's common shares on the day prior to the effectiveness of the registration statement to be filed by PubCo pursuant to a registration rights agreement in connection with the SEPA. The financing is subject to customary closingconditions, including successful completion of the business combination, which is expected to be completed in the fourth quarter of 2025. Announcement • Oct 14
Tactical Resources Corp., Annual General Meeting, Nov 25, 2025 Tactical Resources Corp., Annual General Meeting, Nov 25, 2025. Announcement • Jan 23
Tactical Resources Corp. announced that it has received CAD 0.5 million in funding Tactical Resources Corp. announces that it has closed a non-brokered private placement of unsecured convertible debentures in the principal amount of CAD 500,000 on January 21, 2025. The debentures have a maturity date of January 21, 2027. and may be converted into units of the company at any time from the date of issuance until the maturity date, at a conversion price of CAD 0.20 per unit. The debentures bear interest at the rate of 10% per annum, computed on the basis of a 360-day year comprising 12 30-day months, with all interest payable on the maturity date. In connection with the closing of the private placement, the company paid a cash finder's fee of CAD 4,564 to a certain arm's-length finder. Announcement • Aug 26
Tactical Resources Expects to Delist from the TSX Venture Exchange Tactical Resources Corp. ('Tactical Resources' or the 'Company') and Plum Acquisition Corp. III announced they have entered into a definitive business combination agreement (the 'Business Combination Agreement'). The proposed business combination (the 'Proposed Business Combination') is expected to be completed (the 'Closing') in the fourth quarter of 2024, subject to customary closing conditions, including regulatory, court and stockholder approvals. The Proposed Business Combination has been unanimously approved by the board of directors of Plum and by the disinterested directors of the board of directors of the Company. The Proposed Business Combination is expected to be completed in the fourth quarter of 2024, subject to customary closing conditions, including all requisite approvals by shareholders of Plum and Tactical Resources, the listing approval of Nasdaq Stock Market, the effectiveness of the registration statement on Form F-4 to be filed by New Pubco with the U.S. Securities and Exchange Commission ('SEC') in connection with the Proposed Business Combination (the 'Registration Statement'), and satisfaction or waiver of the other conditions set forth in the Business Combination Agreement. The Company is expected to delist from the TSX Venture Exchange upon closing of the Proposed Business Combination. New Risk • Aug 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.2m (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$218k). Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.2m market cap, or US$9.61m). New Risk • Jun 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$218k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Negative equity (-CA$218k). Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$12.3m market cap, or US$9.00m). New Risk • Mar 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$742k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$742k free cash flow). Share price has been highly volatile over the past 3 months (68% average weekly change). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.57m market cap, or US$2.62m). Board Change • Oct 30
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Director Jeet Basi is the most experienced director on the board, commencing their role in 2020. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Oct 11
Tactical Resources Corp., Annual General Meeting, Dec 07, 2023 Tactical Resources Corp., Annual General Meeting, Dec 07, 2023. Board Change • Sep 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Director Jeet Basi is the most experienced director on the board, commencing their role in 2020. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Aug 24
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Director Jeet Basi is the most experienced director on the board, commencing their role in 2020. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Jun 28
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Director Jeet Basi is the most experienced director on the board, commencing their role in 2020. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 25
Tactical Resources Corp Reports Successful Initial Peak Project Metallurgical Results Tactical Resources Corp. announced key extraction results from initial metallurgical test work for its Peak Project. Key Highlights: Tot Rarare Earth Element (TREE) plus Yttrium (Y) preliminary extracon rates ranging from 88% to 96%. Advancement of direct leach extraction processing potential. Identification of a potential lithium by-product opportunity. The initial focus areas were the fines stockpiles within Mining Lease M-114769. Tactical Resources collected 40 field samples from various locations across the property and provided these samples to American Assay Laboratories (AAL) in Sparks, NV, USA for preliminary assay work. The coarse crushed assay splits from AAL were shipped to Kemetco Research in June 2022 to conduct initial metallurgical testing to assess the extractability of REEs from select samples. The 40 field samples, all similar in composition, were combined based on spatial criteria to generate 6 composite samples identified as: Tails 1, Tails 2, Tails 3, Ballast, Old Tails, and Active Face. Tails 1, Tails 2, and Tails 3 were used for initial metallurgical testing, while Ballast, Old Tails, and Active Face were stored for potential future work. Samples of Tails 1, Tails 2, and Tails 3 were submitted to Actlabs in Thunder Bay, ON, Canada for major elements and REEs determination by whole rock analysis by lithium metaborate/tetraborate fusion followed by ICP-OES and ICP-MS finish, and for fluoride by ion-selective electrode (ISE) methods. Lithium analysis was conducted by Kemetco Research by aqua-regia digestions followed by ICP-OES. Semi-quantitative x-ray diffraction (XRD) was conducted by the University of British Columbia (UBC), Department of Earth, Ocean and Atmospheric Sciences in Vancouver, BC, Canada. A summary of the head assays of select elements and calculated total rare earth oxides (TREO), light rare earth elements (LREE) and heavy rare earth elements (HREE) are provided in Table 1. XRD results are summarized in Table 2. Announcement • Oct 01
Tactical Resources Corp. Appoints Mark Mukhija as Member of the Board of Directors Tactical Resources Corp. announced the appointment of Mr. Mark Mukhija as a member of the board of directors effective immediately. Mr. Mukhija brings over 15 years of experience in the mining industry including roles with global mining companies such as Teck Resources, Barrick, BHP Billiton, and TransAlta. Since 2018, Mark has been the General Manager (Australia) for Motion Metrics, an industrial artificial intelligence and machine learning company catering to the mining industry with a specific focus on safety and productivity. Mr. Mukhija is responsible for the P&L, business development, project management, and logistics of the Motion Metrics (Australia) operations. With BHP Billiton, Mark was responsible for life of mine planning and asset value optimization. At TransAlta, Mr. Mukhija began as the Engineering Team Leader at the Sunhills Mine with 14 direct reports and then moved into a capital planning supervisory role where he was responsible for a $60 million annual capital expenditure budget for the operation. Mr. Mukhija is a Professional Engineer and graduate from the University of British Columbia with a Bachelor of Applied Science in Mining Engineering (2003). Announcement • Sep 29
Tactical Resources Completes Geophysics Program At the Lac Ducharme REE Project Tactical Resources Corp. announced it has completed a geophysics work program at its Lac Ducharme Project in Canada’s province of Quebec. Building on previously completed surface sampling and geochemistry at the Lac Ducharme project, a ground magnetic survey and a ground radiometric survey was performed in May and June 2022 by Exploration Facilitation Unlimited Inc. on the Lac Ducharme Rare Earth project located within the Côte Nord Region in eastern Quebec. EFU, a comprehensive discovery-focused services company that specializes in advancing underexplored properties through their technical field services completed the field data collection for the program. The Company also engaged the services of Consulting Geophysicist Jean Hubert, a professional engineer and member of l'Ordre de Ingénieurs du Québec and of the Society of Exploration Geophysicists (SEG) who processed and interpreted the resulting data generated by the EFU team. The work program consisted of a magnetic and radiometric survey over the core of the property. The output lineaments will be used to gain a better spatial understanding of the structural geology and lithological units and how they relate to the known REE showings on the property. This survey is a key component of the toolbox approach to advance the Lac Ducharme project. The magnetic survey totaled 50.2 line-kilometers including 39.4 traverse lines and 10.7 of tie lines which were read with GMS-19V Overhauser magnetometer. The radiometric survey consisted of 894 measurements of the total radiation from near surface concentrations of key rare earth pathfinder elements potassium, uranium, and thorium. Following processing, interpretation was completed by Consulting Geophysicist Jean Hubert to produce magnetic lineaments. These lineaments are key for structural analysis as they are potential indications for faults and allow interpretation in areas under cover with limited rock exposure. Tactical Resources is focused on becoming a premier North American developer of REE products to meet domestic supply chain needs. For more information, please visit the Tactical Resources website. Announcement • Sep 23
Tactical Resources Advances Peak REE Project Tactical Resources Corp. announced the filing of a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Peak Project in Hudspeth County, Texas. The technical report is titled "NI 43-101 Technical Report, Geological Introduction to Tactical Resources Corp.'s Peak Rare Earth Element Project, Texas, United States" and has an effective date of September 15, 2022. This is the first NI 43-101 that has been written with regards to the Peak Project. The report was written by APEX Geoscience Ltd. and Kemetco Research Inc. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Matt Chatterton was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 10
Tactical Resources Advances Preliminary Economic Assessment Plans At Peak Project, Texas Tactical Resources Corp. announced the initiation of activities in the performance of a preliminary economic assessment ("PEA") at its emerging Peak Project in Hudspeth County, Texas. To undertake the PEA planning efforts, Tactical Resources has engaged the services of Forte Dynamics Inc. ("Forte"), a consulting and engineering firm that specializes in open pit resource and reserve modeling, mine planning, blasting analysis, metallurgy, process design, recovery modeling, detailed engineering, and EPCM services. The PEA work plan development efforts include a full assessment of data being compiled to complete a proposed N.I. 43- 101 technical report on the Peak Project. This further includes historical data and results from recently completed field sampling, and ongoing metallurgical testing by Kemetco Research Inc. and Turnstone Metallurgical Services. Forte has started work to develop and establish a detailed plan to take the Peak Project from its current state to a completed PEA. Forte proposes to incorporate all previous work and metallurgical testing data to complete a gap analysis and provide recommendations to advance the project. The gap analysis will evaluate historical data for quantity and quality and provide recommendation on areas where additional work will be required to complete a PEA. The ultimate outcome from this work will include a PEA roadmap for both current and future fines stockpile materials, and the broader Sierra Blanca land package. Announcement • Aug 24
Tactical Resources Corp. Provides Project Activity Update Tactical Resources Corp. provided a summary of recent activities at its Peak Project in west Texas, and its Lac Ducharme property located in Quebec, Canada. Since listing, Tactical Resources has completed significant work programmes and development efforts across both the Peak and Lac Ducharme projects. To further support the planned activity outlined herein, the Company has augmented its treasury through the receipt of $1.38 Million from the exercise of outstanding warrants. These funds are allocated for additional field and metallurgy work, general corporate purposes, and strategic marketing to build awareness regarding the Company's efforts and potential opportunities. Texas REE Peak Project As part of the company's strategic plan to complete a NI 43-101 report on the Peak Project, Tactical Resources has completed field sample collection, and initial metallurgical testing is currently in-progress through its engagements with Kemetco Research Inc. and Turnstone Metallurgical Services. This initial phase of test work is aimed at assessing direct leach amenability, evaluating maximum extraction potential, and consists of the following scope: Geometallurgical characterization, rare earth element assaying, and multi-element assaying; Bottle roll leach testing, and agitated tank leach testing; Pre-treatment, and water leach testing; Test matrix includes investigating the following parameters: Lixiviant type Lixiviant concentration Leach time Temperature Results from this initial phase of metallurgical testing are expected to be complete in Q3-2022 and will be included in the 43- 101 technical report currently being written for the Peak Project. Tactical Resources is also actively developing an integrated project development work plan as a part its overarching commercialization strategy. Tactical Resources initiated a mineralogical program at the University of Texas, Austin to obtain a better understanding of the mineralogy and chemistry that constitutes the Peak tailing's material to feed back into the metallurgy plan. Backscattered electron gigapan images and energy-dispersive X-ray spectra experiments were conducted on 4 samples with initial results that yielded common accessory minerals including cassiterite (SnO2), columbite (Fe2+Nb2O6), yttrofluorite (Ca0.7Y0.3F2.3), yttrocerite (CaF2+ (Y,Ce)F3), thorite ((Th,U)SiO4), and zircon (ZrSiO4). In 2022, Tactical Resources commissioned Frank X. Spencer and Associates, a full-service Civil Engineering and Survey company to conduct two unmanned aerial vehicles, or drone surveys on the active tailings pile area at the Sierra Blanca Quarry. The first drone survey was intended to assess the volume of tailings in the active tailings pile of the Sierra Blanca Quarry. The second drone survey was intended to assess the monthly volume of tailings material being added to the active tailings pile. Quebec REE Lac Ducharme Project Building on the Lac Ducharme N.I. 43-101 report, a prospecting program was conducted centered over the two previous REE pegmatite showings on the property. This field work was aided by scintillometers and a spectrometer that were utilized due to the radioactivity and the parallel between REE and thorium content. The locations with the highest radioactivity were prioritized as prime targets for the subsequent backpack drilling which was completed during the 2021 field season. Additionally, a geophysical survey was performed on the Lac Ducharme Property in the summer of 2022 and consisted of a magnetometer and radiometric program over the two historic showings on the property. The purpose of this workplan is to gain a better spatial understanding of the structural geology, lithologic units and to have a more comprehensive understanding of the pegmatite size and orientation. The information above is preliminary as the work programs are ongoing and as such represents a snapshot of work undertaken to-date with additional data and results forthcoming as soon as the various reports have been finalized. Announcement • Jul 06
Tactical Resources Corp., Annual General Meeting, Aug 26, 2022 Tactical Resources Corp., Annual General Meeting, Aug 26, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
Tactical Resources Introduces Texas REE Project Tactical Resources Corp. introduced the Southwestern Texas-based Peak Project. The Peak project found within the Sierra Blanca Complex1 is located 68 miles southeast of El Paso, Texas and two miles southeast of the Round Top Rare Earth Element (REE) project owned by Texas Minerals Resources Corporation & USA Rare Earth. The project is located within the Sierra Blanca Quarry which is currently operational in the production of ballast (fill) material for the Union Pacific railway2. The Company has an offtake agreement which offers access to tailings material produced as part of the quarry operations. Initial test work has shown REE enrichment in the tailings with further metallurgy and minerology work ongoing. The company intends to advance an extensive sampling and testing program to further evaluate REE opportunity potential. Announcement • Apr 01
Tactical Resources Introduces Board of Directors Tactical Resources Corp. introduce its board of directors who currently serve as primary guidance, governance and oversight leadership during the critical stage of initial strategic venture planning and growth. Ranjeet Sundher, Chief Executive Officer & Director: Mr. Sundher specializes in early-stage project finance and structure. He has raised over $50 million for companies in which he was a founder /partner. He has lived in Asia and North America for the last 20 years and has 25 years of capital markets experience. Kuljit (Jeet) Basi, Director: Mr. Basi is an established mining industry professional with over 15 years of technical leadership experience in global public mining companies, including Newmont, Goldcorp and Teck Resources. Matt Chatterton, Director: Mr. Chatterton brings over 18 years of experience in development and execution of complex projects. His expertise includes project management, facility management, logistics and supply-side processes and procedures at a number of operations in Canada and internationally. Abhishek Tamot, Director: Mr. Tamot is an experienced financial services professional with vast knowledge in capital markets. Board Change • Mar 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
