Tactical Resources Progresses Towards Business Combination with Plum Acquisition

Tactical Resources Corp. has announced a significant milestone in its proposed business combination with Plum Acquisition Corp. III. The U.S. SEC has declared effective the registration statement concerning their merger. This positions Tactical Resources to advance as a Nasdaq-listed company focused on U.S. rare earth development.

A shareholder meeting for Tactical Resources to approve the merger is set for December 16, 2025, with Plum Acquisition holding theirs on December 22, 2025. Executives from both companies express optimism regarding the merger's potential to enhance their strategic position within North America's critical minerals supply chain.

This development supports Tactical Resources' plans to accelerate projects at their Peak Project in Texas. Upon merger completion, the combined entity, New PubCo, will continue as Tactical Resources Corp, with its common shares listed on Nasdaq, pending necessary approvals.