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Tactical Resources Shareholders Approve Key Business Combination with Plum Acquisition

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Tactical Resources Shareholders Approve Key Business Combination with Plum Acquisition

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Tactical Resources Corp. ( (TSE:RARE) ) has shared an announcement.

Tactical Resources Corp. has announced that its shareholders have approved a plan of arrangement with Plum Acquisition Corp. III, which will lead to a business combination and the formation of a new entity, New PubCo. This arrangement will result in Tactical becoming a wholly-owned subsidiary of New PubCo, which plans to list on the Nasdaq Stock Market in early 2026. The approval of this arrangement is a significant step for Tactical Resources, potentially enhancing its market presence and providing new opportunities for growth. Additionally, the shareholders elected new directors and approved other resolutions, including the settlement of company debt through the issuance of shares.

More about Tactical Resources Corp.

Tactical Resources Corp. is a mineral exploration and development company focused on identifying and developing mineral resources. The company operates within the mining industry and is primarily engaged in the exploration of mineral deposits.

Average Trading Volume: 5,116

Technical Sentiment Signal: Buy

Current Market Cap: C$51.42M

See more insights into RARE stock on TipRanks’ Stock Analysis page.

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