Tactical Resources Corp. (NASDAQ: TREO) confirmed that a four-for-one consolidation of its common shares has become effective, with shares set to begin trading on the Nasdaq Capital Market on August 20, 2026, under the ticker symbol "TREO."

The consolidation follows the completion of the company's business combination with Plum Acquisition Corp. III. Following the consolidation, Tactical Resources has approximately 13,612,034 common shares outstanding.

No action was required of shareholders in connection with the consolidation. Positions held in brokerage accounts were adjusted automatically, and registered holders received instructions from the transfer agent, Continental Stock Transfer & Trust Company, if any action was needed.

The common shares have been assigned a new CUSIP number, 87356V306, in connection with the consolidation.

The company has elected to distribute share consideration directly to shareholders on a push-out basis. Registered shareholders can expect to receive their share consideration in the form of Direct Registration System statements mailed by Continental. Beneficial shareholders whose shares are held through a broker, bank, or other nominee can expect to have their share consideration credited to their accounts by their respective intermediaries.

Tactical Resources is a mineral exploration and development company based in Vancouver, British Columbia, focused on rare earth elements. The company is advancing the Peak Project, a U.S.-based rare earth asset.