Tactical Resources Confirms Effectiveness of Share Consolidation; Will Trade on Nasdaq Under Ticker Symbol “TREO” on August 20, 2026

New CUSIP Number Assigned to Common Shares

Tactical Resources Corp. (“Tactical” or the “Company”) (Nasdaq: TREO) today confirmed that the four (4)-for-one (1) consolidation (the “Consolidation”) of its common shares (“Common Shares”), previously announced in connection with the completion of the Company’s business combination with Plum Acquisition Corp. III (the “Business Combination”), has become effective and that Common Shares will trade on the Nasdaq Capital Market on Thursday, August 20, 2026, under the ticker symbol “TREO.”

Following the Consolidation, the Company 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 (“Continental”), if any action was needed.

New CUSIP: In connection with the Consolidation, the Common Shares have been assigned a new CUSIP number: 87356V306.

In connection with the Business Combination, the Company has elected to distribute the share consideration directly to shareholders on a push-out basis. Accordingly, shareholders are not required to take any action or submit any documentation in order to receive their share consideration.

Registered shareholders can expect to receive their share consideration in the form of Direct Registration System (DRS) 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 brokerage or custodial accounts by their respective intermediaries in the ordinary course. Beneficial shareholders are encouraged to contact the intermediary through whom their shares are held if they have any questions or concerns regarding the receipt of their share consideration.

Full details of the Business Combination, the Consolidation and related matters are set out in the Company’s press release dated August 13, 2026, and the Company’s management information circular dated November 17, 2025, available under Tactical’s SEDAR+ profile at www.sedarplus.ca.

About Tactical Resources

Tactical Resources is a mineral exploration and development company focused on building a secure, domestic supply chain for rare earth elements critical to advanced technologies, including semiconductors, electric vehicles, robotics, aerospace systems, and national defense applications. The Company is advancing the Peak Project, a prospective U.S.-based rare earth asset, as part of its strategy to help reduce reliance on foreign-controlled supply chains and strengthen North American critical mineral security.

In addition to resource development, Tactical Resources is actively pursuing innovative metallurgical processing and separation technologies designed to improve the economics, scalability, and sustainability of rare earth production. Through its integrated approach spanning exploration, development, and processing, the Company aims to become a key participant in the rapidly growing U.S. critical minerals ecosystem.

For additional information, please visit www.tacticalresources.com.

Forward-Looking Statements

Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, management team's expectations concerning the outlook for its business, productivity, plans, and goals for future operational improvements and capital investments, operational performance, future market conditions, or economic performance and developments in the capital and credit markets and expected future financial performance, including expected additional funding, the support of key stakeholders in the U.S. government, the expected commencement of trading of Common Shares on the Nasdaq Capital Market, the Transfer Restrictions, growth prospects and outlook of the Company’s operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of the Company’s projects, as well as any information concerning possible or assumed future results of operations of the Company. Forward-looking statements also include statements regarding the expected benefits of the Business Combination. The forward-looking statements are based on the current expectations of the management team and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) market risks; (ii) the outcome of any legal proceedings that may be instituted against the Company related to the Business Combination Agreement or the Business Combination; (iii) failure to realize the anticipated benefits of the Business Combination; (iv) the inability to meet listing requirements to list the Company’s securities on Nasdaq; (v) the risk that the price of the Company’s securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which the Company plans to operate, variations in performance across competitors, changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business, and changes in the combined capital structure; (vi) the inability to implement business plans, forecasts, and other expectations after the completion of the Business Combination, identify and realize additional opportunities, and manage its growth and expanding operations; (vii) the risk that the Company may not be able to successfully develop its mining projects, and/or its expansion plan; (viii) the risk that the Company will be unable to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (ix) political and social risks of operating in the U.S. and other countries; (x) the operational hazards and risks that the Company faces; and (xi) the risk that additional financing may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that the Company presently does not know or that the Company currently believes are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this press release and the other risks and uncertainties described in the “Risk Factors” section of Plum Acquisition Corp. III’s (“Plum”) Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on April 1, 2026, the risks described in the Registration Statement on Form F-4 and the amendments thereto, which was initially filed by the Company on October 29, 2024 and includes a proxy statement/prospectus, and those discussed and identified in filings made with the SEC by Plum and the Company and filings made by Tactical with the Canadian Securities Administrators (the “CSA”) from time to time. The Company cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this press release speak only as of the date of this press release. The Company undertakes no obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as required by law. In the event that any forward-looking statement is updated, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear in the Company’s public filings with the SEC and with the CSA, which are or will be (as appropriate) accessible at www.sec.gov or on SEDAR+ at www.sedarplus.ca, and which you are advised to review carefully.

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