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Financings

Tactical Resources Closes Financing

By The Northwire Desk — AI Analysis Jan 22, 2026 · 14:20 RARE · 6.35 Tactical Resources Corp.
RARE · Price

Executive Summary

  • Tactical Resources Corp. closed a non‑brokered private placement of 207,625 common shares at $6.30 per share, generating gross proceeds of $1,308,037.50.
  • The offering is subject to a statutory hold period (four months + one day) and final approval by the TSX Venture Exchange.
  • Net proceeds will be used for working capital and general corporate purposes; a cash finder's fee of $130,803.75 (10% of gross proceeds) was paid to an arm’s‑length finder.

Key Details

  • Shares Issued: 207,625 common shares.
  • Issue Price: $6.30 per share.
  • Gross Proceeds: $1,308,037.50.
  • Statutory Hold Period: Four (4) months plus one day from issuance date.
  • Closing Condition: Subject to final approval of the TSX Venture Exchange.
  • Use of Net Proceeds: Working capital and general corporate purposes.
  • Finder’s Fee: $130,803.75 paid to an eligible arm‑length finder (10% of gross proceeds).
  • Regulatory Notice: The release is not for distribution in the United States; securities are not registered under U.S. law.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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