Tactical Resources Provides Additional Information Regarding Its Proposed Business Combination With Plum Acquisition Corp. III

Tactical Resources Corp. provided updates on its proposed business combination with Plum Acquisition Corp. III. The agreement, initiated on August 22, 2024, involves Plum re-domiciling in British Columbia and amalgamating with Tactical Resources. Post-transaction, Tactical Resources will be a wholly owned subsidiary of Plum, renamed as Tactical Resources Corp. The exchange ratio for shares will be 1.0477 Pubco Shares for each Company Share, based on a pre-transaction equity value negotiated between the parties. Upon closing, current Tactical Resources shareholders will own approximately 82% of the new entity, with a pro forma enterprise value expected to be determined at closing.