Tactical Resources Receives Court Approval for Arrangement with Plum Acquisition Corp. III

Tactical Resources Corp. (TSXV:RARE)(OTC PINK:USRED), a mineral exploration and development company, announced the Supreme Court of British Columbia has approved its arrangement with Plum Acquisition Corp. III. The arrangement involves a business combination with Plum III Amalco Corp. and Plum III Merger Corp., forming a new entity, "New PubCo". This transaction was overwhelmingly supported by Tactical's shareholders.

Under this combination, Tactical will become a wholly-owned subsidiary of New PubCo, with plans to list its shares on NASDAQ, pending approval. The shares will be subject to restrictions for six months post-closing to satisfy NASDAQ standards.

The arrangement aims for completion in early 2026. Tactical shares are expected to be delisted from the TSXV upon final approval, and the company plans to cease being a reporting issuer in Canada.