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Tactical Resources Corp. ( (TSE:RARE) ) has provided an announcement.
Tactical Resources Corp. has signed a Purchase and Sale Agreement with Sierra Blanca Quarry, LLC and its owners to secure access to tailings and an exclusive option over the Sierra Blanca Quarry, supporting development of its Peak Rare Earth Project in Hudspeth County, Texas. The deal gives Tactical access to approximately four million tons of existing tailings plus future production, with the agreement running initially to July 31, 2036, and closing contingent on customary conditions, including TSX Venture Exchange approval.
The company also obtained an exclusive option, at its sole discretion, to acquire all membership interests in Sierra Blanca Quarry for an expected US$29 million, payable in equal parts cash and equity, within a defined window tied to a future Nasdaq listing of Tactical’s parent. Management says the structure secures critical feedstock and preserves a pathway to full quarry ownership, potentially strengthening Tactical’s control over key inputs and advancing its position in the U.S. rare earths supply chain.
More about Tactical Resources Corp.
Tactical Resources Corp. is a mineral exploration and development company focused on U.S.-made rare earth elements used in semiconductors, electric vehicles, advanced robotics and national defense. The company is also working on innovative metallurgical processing techniques to enhance rare earths development, with its flagship Peak Project located in the Sierra Blanca area of Texas.
Average Trading Volume: 2,169
Technical Sentiment Signal: Buy
Current Market Cap: C$47.37M
For detailed information about RARE stock, go to TipRanks’ Stock Analysis page.

