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Tactical Resources Corp. ( (TSE:RARE) ) has issued an update.
Tactical Resources Corp. has successfully completed a non-brokered private placement of unsecured convertible debentures worth $500,000. This move is aimed at bolstering its general working capital and covering expenses related to its proposed business combination with Plum Acquisition Corp. III. The debentures, which will mature in 2027, offer a conversion option into company units, thus potentially affecting shareholder dynamics with a ten percent and twenty percent blocker provision. The proceeds are expected to support Tactical Resources’ strategic growth initiatives.
More about Tactical Resources Corp.
Tactical Resources Corp. is a company listed on the TSX Venture Exchange and OTC markets, operating in the resource sector. The company’s primary focus is on leveraging its market position to explore various business opportunities, including strategic business combinations.
YTD Price Performance: -23.08%
Average Trading Volume: 21,156
Technical Sentiment Consensus Rating: Buy
For detailed information about RARE stock, go to TipRanks’ Stock Analysis page.
