Mr. Ranjeet Sundher reports
TACTICAL RESOURCES ANNOUNCES RSU GRANT
Tactical Resources Corp. has granted an aggregate of 1,165,000 restricted share units (RSUs) to certain eligible participants under the company's omnibus incentive plan, including an aggregate of 200,000 RSUs to two directors and an officer of the company. One hundred per cent of the RSUs will vest on March 5, 2025, after which time each RSU is exercisable for one common share of the company.
About the Peak project
The Peak project is located 68 miles southeast of El Paso, Tex., and two miles southeast of the Round Top rare-earth element (REE) project owned by Texas Minerals Resources Corp./USA Rare Earth (20/80-per-cent ownership split). Tactical Resources is party to an agreement with the Sierra Blanca quarry that allows, for a fee, access to and a right of first purchase option to tailings material on the Sierra Blanca property, together with certain rights related to development and processing of the tailing material.
About Tactical Resources Corp.
Tactical Resources is a mineral exploration and development company focused on rare-earth elements based in Vancouver, B.C., and holds interests at the Lac Ducharme property located in Quebec, and the Peak project in Western Texas. The company is also actively involved in the development of innovative metallurgical processing techniques to further unlock REE development potential.
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