Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Tactical Resources Corp. ( (TSE:RARE) ).
Tactical Resources Corp. has executed a third amendment to its business combination agreement with Plum Acquisition Corp. III, which will result in a newly formed public company listed on Nasdaq. The amendment includes transfer restrictions on a portion of shares for six months post-amalgamation to comply with Nasdaq rules. The business combination is expected to close in the fourth quarter of 2025, subject to approvals, with the completion date extended to July 2026. The amendment was approved by the company’s board, following a fairness opinion by Evans & Evans, Inc., confirming the financial fairness of the agreement to shareholders.
More about Tactical Resources Corp.
Tactical Resources is a mineral exploration and development company focused on U.S.-made rare earth elements (REEs) used in semiconductors, electric vehicles, advanced robotics, and national defense. The company is also involved in developing innovative metallurgical processing techniques to enhance REEs development potential.
Average Trading Volume: 15,227
Technical Sentiment Signal: Buy
Current Market Cap: C$25.69M
See more data about RARE stock on TipRanks’ Stock Analysis page.