Tactical Resources Corp. Initiates $1.35 Million Private Placement

Tactical Resources Corp., a Vancouver-based mineral exploration and development company, has announced a non-brokered private placement of up to 214,285 common shares at $6.30 per share. The fundraising aims to generate gross proceeds of up to $1,350,000. The primary use of these funds will be for working capital and general corporate purposes. Tactical may adjust the size of the offering according to the TSX Venture Exchange policies and has no minimum share requirement for closing.

The offering, subject to regulatory approval, permits finders' fees and involves securities with a statutory four-month hold period. This Canadian-based initiative excludes U.S. market participation. The company's plans align with its strategy to bolster U.S.-sourced rare earth elements for various high-tech applications.