Tactical Resources Corp
Tactical Resources Corp is a mining company ticker symbol is RARE and trades on the TSXV stock exchange.
Price chart (TSXV:RARE)
Tactical Resources Corp - Brief Overview
Tactical Resources Corp. (TSX.V: RARE) (OTC: USREF) is a mineral exploration and development company focused on establishing a domestic North American supply chain for rare earth elements (REE), which are critical for next-generation technologies, including semiconductors, electric vehicles, and national defense applications. Founded in 2018 and headquartered in Vancouver, the company aims to reduce dependence on foreign sources, particularly China, which currently dominates over 80% of the global rare earth supply.
The company is led by CEO Ranjeet Sundher, who has experience taking mines to production, and President & Executive Chairman Jeet Basi, a mining professional with over 15 years of experience at major companies including Newmont, Goldcorp, and Teck Resources. The board brings additional expertise in project development and financial markets.
Tactical Resources' flagship asset is the Peak Project in Texas, strategically located near the Round Top Rare Earth Element project. The company also holds the Lac Ducharme Project in Quebec and the SAM Property in Northern Saskatchewan. The company is pursuing a business combination with Plum Acquisition Corp. III that would result in a NASDAQ listing and provide significant growth capital, with an implied enterprise value of $589 million.
Financially, Tactical Resources faces challenges with negative shareholder equity (CA$-6.2M) and a limited cash runway (less than one year). However, the proposed business combination represents a potential solution to these challenges. The company recently completed a debenture offering in January 2025 to raise capital.
Short-term plans include completing the business combination, advancing the Peak Project through technical work programs, and securing necessary permits. Long-term, the company aims to become America's next producer of Rare Earth Elements, expand its project portfolio, and integrate into the North American rare earth supply chain.
The company emphasizes an eco-driven processing vision and is committed to responsible mining practices. By providing domestic rare earth elements, Tactical Resources supports green technologies, creates local jobs, and contributes to national security by reducing dependence on foreign supplies.
Projects
| Project | Commodity | Location |
|---|---|---|
| PEAK PROJECT | Ree | 30.338814507341333, -104.39129359954225 |
Latest news
Tactical Resources Secures 1.5M Tons of Crushed Aggregate Feedstock in Texas — ACCESS Newswire April 15, 2026
https://stockhouse.com/news/press-releases/2026/03/16/tactical-resources-signs-agreement-to-acquire-the-sierra-blanca-quarry-and
https://stockhouse.com/news/press-releases/2026/01/22/tactical-resources-closes-financing
https://stockhouse.com/news/press-releases/2026/01/20/tactical-resources-announces-financing
https://stockhouse.com/news/press-releases/2025/12/18/tactical-resources-announces-receipt-of-final-order-approving-arrangement-with
https://stockhouse.com/news/press-releases/2025/12/16/tactical-resources-announces-shareholder-approval-of-arrangement-with-plum
https://stockhouse.com/news/press-releases/2025/12/03/tactical-resources-announces-share-consolidation
https://stockhouse.com/news/press-releases/2025/12/01/tactical-resources-announces-effectiveness-of-registration-statement-for
https://stockhouse.com/news/press-releases/2025/11/10/tactical-resources-secures-us-140-million-financing-package-to-accelerate-us
https://stockhouse.com/news/press-releases/2025/10/16/tactical-resources-provides-rare-earths-business-update-in-advance-of-nasdaq
https://stockhouse.com/news/press-releases/2025/07/31/tactical-resources-announces-execution-of-amendment-to-business-combination
https://stockhouse.com/news/press-releases/2025/05/22/tactical-resources-to-participate-in-virtual-ubs-conference-call-on-may-30-2025
https://stockhouse.com/news/press-releases/2025/01/21/tactical-resources-corp-announces-closing-of-debenture-offering
https://stockhouse.com/news/press-releases/2025/01/15/tactical-resources-reflects-on-transformative-year-advances-u-s-rare-earth
https://stockhouse.com/news/press-releases/2024/12/11/tactical-resources-announces-amendment-to-business-combination-agreement
https://stockhouse.com/news/press-releases/2024/10/29/tactical-resources-intends-to-amend-certain-consulting-agreements
https://stockhouse.com/news/press-releases/2024/10/29/tactical-resources-and-plum-acquisition-corp-iii-announce-filing-of-f-4
https://stockhouse.com/news/press-releases/2024/09/17/tactical-resources-strengthens-position-amid-rare-earth-elements-market
https://stockhouse.com/news/press-releases/2024/08/28/tactical-resources-provides-additional-information-regarding-its-proposed
https://stockhouse.com/news/press-releases/2024/08/23/tactical-resources-a-growing-north-american-rare-earth-elements-company-to-list