16:48:02 EST Thu 22 Jan 2026
Enter Symbol
or Name
USA
CA



Tactical Resources Corp.
Symbol RARE
Shares Issued 8,066,378
Close 2026-01-21 C$ 6.35
Market Cap C$ 51,221,500
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ORIGINAL: Tactical Resources Closes Financing

2026-01-22 14:20 ET - News Release

THIS NEWS RELEASEIS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESS Newswire / January 22, 2026 / Tactical Resources Corp. (TSXV:RARE)(OTC PINK:USREF) ("Tactical" or the "Company"), a mineral exploration and development company, is pleased to announce the closing of its previously announced non-brokered private placement of 207,625 common shares of the Company (the "Shares") at an issue price of $6.30 per Share, for gross proceeds of $1,308,037.50 (the "Offering").

The securities issued pursuant to the Offering are subject to a statutory hold period of four (4) months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the Offering remains subject to final approval of the TSX Venture Exchange. The Company intends on using the net proceeds from the Offering for working capital and general corporate purposes.

In connection with the Offering, the Company paid a cash finder's fee of $130,803.75, representing 10% of the proceeds of the Offering, to an eligible arm's length finder.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or to any "U.S. Person" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act")) of any equity or other securities of the Company. The securities described herein have not been, and will not be, registered under the U.S. Securities Act or under any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the 1933 Act and applicable state securities laws or an applicable exemption therefrom. Any failure to comply with these restrictions may constitute a violation of U.S. securities laws.

About Tactical

Tactical is a mineral exploration and development company focused on U.S.-made rare earth elements ("REE") used in semiconductors, electric vehicles, advanced robotics, and most importantly, national defense. The Company is also actively involved in the development of innovative metallurgical processing techniques to further unlock REEs development potential.

Ranjeet Sundher, Chief Executive Officer
Tel: +1-778-588-5483

For additional information, please visit www.tacticalresources.com.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation the intended use of proceeds from the Offering, and final approval of the TSX Venture Exchange. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

SOURCE: Tactical Resources Corp.



View the original press release on ACCESS Newswire

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