File: Attachment Tactical - Early Warning News Release - Debenture Settlement.pdf

EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103 ACQUISITION OF SECURITIES OF TACTICAL RESOURCES CORP.

Vancouver, British Columbia May 29, 2026 This news release is related to the securities of Tactical Resources Corp. ("Tactical" or the "Company") following the conversion of an unsecured convertible debenture originally issued on May 17, 2024. Blue Bird Capital Enterprises, LLC (the "Acquiror"), a corporation controlled by Mr. Justus Parmar, announces the filing of an early warning report (the "Early Warning Report") pursuant to the requirements of National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103") and National Instrument 62- 104 Take-Over Bids and Issuer Bids ("NI 62-104") pursuant to the recent acquisition, indirectly through the Acquiror of 308,000 units ("Units") of the Company at a deemed price of CAD$0.50 per Unit upon the conversion of an aggregate of $154,000 in unpaid principal owing pursuant to an unsecured convertible debenture which matured on May 17, 2026. Each Unit consists of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional Common Share at an exercise price of $0.75 per Common Share until May 17, 2029.

Immediately prior to the Transaction, Mr. Parmar held an aggregate of 846,610 Common Shares, 92,000 Warrants, and $133,300 principal amount of convertible debentures through the Acquiror, representing approximately 9.99% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 13.64% on a diluted basis (assuming exercise of all Warrants, conversion of all convertible debentures, and exercise of all warrants issuable upon conversion of such convertible debentures ).

Following the Transaction, Mr. Parmar holds an aggregate of 1,154,610 Common Shares, 400,000 Warrants, and $133,300 principal amount of convertible debentures, through the Acquiror, representing approximately 13.14% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 19.3% on a diluted basis (assuming exercise of all Warrants, conversion of all convertible debentures, and exercise of all warrants issuable upon conversion of such convertible debentures ).

All of Mr. Parmar's convertible securities have a term which blocks their exercise to the extent that the holder's aggregate shareholdings would as a consequence of exercise, exceed 19.99% of the issued and outstanding Common Shares at any time, subject to prior receipt of TSX Venture Exchange and applicable shareholder approval.

This news release is being issued in connection with the filing of the Early Warning Report pursuant to the requirements of NI 62-103 and NI 62-104. A copy of the Early Warning Report will be filed under the Company's profile on SEDAR+ at www.sedarplus.ca and may also be obtained by contacting Tactical Resources Corp. at 778-588-5483.

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.

Not for U.S. Distribution