Tactical Resources Corp (USREF) Financial

Tactical Resources Corp. engages in the mineral exploration and the development of its properties, SAM and Lac Ducharme. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2022-03-14. The firm is also involved in the development of metallurgical processing techniques to further unlock rare earth elements development potential. The Company’s Peak Project is located approximately 68 miles southeast of El Paso, Texas, and two miles southeast of the Round Top Rare Earth Element project owned by Texas Minerals Resources Corporation/USA Rare Earth (20/80% ownership split). The firm is a party to an agreement with the Sierra Blanca quarry that allows, for a fee, access to and a right of first purchase option to tailings material on the Sierra Blanca property, together with certain rights related to development and processing of the tailing material. The Peak Project asset is found within the Sierra Blanca Complex.