Mr. Ranjeet Sundher reports

TACTICAL RESOURCES AND PLUM ACQUISITION CORP. III ANNOUNCE RECEIPT OF NASDAQ APPROVAL; TRANSACTION EXPECTED TO CLOSE ON JULY 28, 2026

Tactical Resources Corp. has received an approval letter from the Nasdaq Listing Center for the listing of the common shares of the resulting issuer (New PubCo) and the trading of those shares on the Nasdaq Capital Market upon completion of the business combination with Plum Acquisition Corp. III (OTC: PLMJF).

The business combination is being effected pursuant to a business combination agreement dated Aug. 22, 2024, as amended, entered into among the company, Plum, Plum III Amalco Corp. (Amalco) and Plum III Merger Corp. (PubCo and collectively with the company, Plum and Amalco, the parties). Pursuant to the business combination agreement, following a series of amalgamation transactions, Tactical will continue as a wholly owned subsidiary of a new parent entity (New PubCo), which will be renamed Tactical Resources Corp.

Under the business combination, common shares in the capital of Tactical will be exchanged for common shares of New PubCo at an exchange ratio to be determined at closing. Following the closing, New PubCo common shares will begin trading on the Nasdaq Stock Market under the ticker symbol TREO. The completion of the transaction positions Tactical to accelerate development of its Peak project in Hudspeth county, Texas -- a rare-earth asset in the United States with existing mined material, established infrastructure and a clear pathway toward near-term processing and scale.

"As we prepare to enter the public markets, our focus remains on disciplined execution," said Ranjeet Sundher, chief executive officer of Tactical. "We are advancing our technical work programs, strengthening our operational foundation and positioning the company to deliver measurable progress as a public company."

"This transaction brings Tactical to an important inflection point," said Kanishka Roy, chief executive officer of Plum Acquisition Corp. III. "Rare earths sit at the centre of national security, advanced manufacturing and energy transition priorities, yet viable near-term supply remains scarce. Tactical stands out for its asset quality, execution readiness and experienced leadership team."

The closing is expected to occur on or about July 28, 2026, and remains subject to the satisfaction or waiver of customary closing conditions, including receipt of final approval of the TSX Venture Exchange. The company has applied for, and expects to be delisted from, the TSX-V following the closing. A further release will be disseminated closer to closing confirming closing exchange ratio and other relevant information for shareholders.

About Tactical Resources Corp.

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

About Plum Acquisition Corp. III

Plum Acquisition III is a special purpose acquisition company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Plum seeks to establish itself as the first-stop SPAC (special purpose acquisition company) platform for high-quality companies, and the management team's decades of operational experience leading technology companies, and the proprietary accelerating through the bell operational playbook that helps companies list and grow in the public markets.

We seek Safe Harbor.