Tactical Resources Provides Rare Earths Business Update in Advance of Nasdaq Listing

Investor Presentation updated on Website

VANCOUVER, BC / ACCESS Newswire / October 16, 2025 / Tactical Resources Corp (TSXV:RARE)(OTC PINK:USREF) ("Tactical Resources" or the "Company"), a mineral exploration and development company, today announced a business update.

Nasdaq Transaction and U.S. Government Relations Progress

Tactical Resources continues to make progress with key project activities and is working to close its previously announced business combination with Plum Acquisition Corp. III ("Plum"), with several key milestones achieved:

• Continued work with prominent Washington, DC lobby firm to support its continued dialogue with key stakeholders in the U.S. government.

• Registration Statement progressing through regulatory review.

• Customary closing conditions are advancing as expected.

• Post-transaction Nasdaq listing anticipated to provide enhanced access to capital markets and provide access to additional funds to advance development strategy at the Peak Project.

"Our project work continues to demonstrate the promising potential of our direct-to-leach extraction process, positioning us uniquely in the rare earth elements sector," said Ranjeet Sundher, CEO and Director of Tactical Resources. "We are actively engaging with key industry players regarding initial potential offtake discussions, which represents a significant step forward in our go-to-market strategy. Additionally, we have engaged experienced policy advisors to enhance our efforts in Washington D.C., ensuring we remain aligned with U.S. national critical minerals initiatives and defense priorities."

Additional information may be found in the updated Tactical Resources Corporate Presentation. To sign up for Tactical Resources News Alerts, visit our Website (www.tacticalresources.com).

Market Dynamics

Policy + geopolitics

China tightened rare-earth export controls on Oct 9, 2025, expanding licensing and targeting defense and semiconductor end-uses-escalating supply-security risk for non-Chinese buyers.

U.S. federal support increased materially in 2025. In July 2025, the U.S. Department of Defense (DoD) announced a multi-billion-dollar public-private partnership with MP Materials to accelerate domestic magnet independence; contemporaneous reporting noted price floors for key REEs and a new large-scale magnet factory plan.