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Tactical Resources Corp. ( (TSE:RARE) ) just unveiled an update.
Tactical Resources Corp. announced that it has mailed meeting materials to its shareholders regarding a business combination agreement with Plum Acquisition Corp. III and other entities. The proposed business combination aims to form a new corporate entity, New PubCo, with Tactical becoming a wholly-owned subsidiary. This arrangement is designed to meet NASDAQ listing standards and involves a share exchange and consolidation to facilitate the process. Shareholders are urged to vote in favor of the arrangement, which has been unanimously recommended by the Board of Directors.
More about Tactical Resources Corp.
Tactical Resources Corp. is a mineral exploration and development company based in Vancouver, British Columbia. The company focuses on exploring and developing mineral resources, with a market emphasis on leveraging strategic business combinations to enhance its industry positioning.
Average Trading Volume: 28,030
Technical Sentiment Signal: Buy
Current Market Cap: C$53.26M
Find detailed analytics on RARE stock on TipRanks’ Stock Analysis page.