Tactical Resources Secures US$140 Million Financing Package to Accelerate US Supply of Rare Earth Elements

Core Viewpoint - Tactical Resources Corp has secured a significant financing agreement to support its business combination and enhance its position in the rare earth elements market [1] Financing Agreement - The financing agreement with Yorkville Advisors Global includes up to US$40 million in convertible debt financing and a US$100 million standby equity purchase agreement [1] - This comprehensive financing package is aimed at facilitating the business combination with Plum Acquisition Corp. III [1] Strategic Positioning - The combined company, referred to as PubCo, is expected to list publicly on Nasdaq [1] - The financing will also aid in accelerating near-term project development and the potential commercial supply of domestic rare earth elements [1]