M&A / Property
Global Tactical Metals cancels deal with 1560406 B.C.

MONI · Price
Executive Summary
- Global Tactical Metals Corp. and 1560406 B.C. Ltd. have mutually terminated their share‑exchange acquisition agreement dated Jan. 29, 2026.
- The termination ends the planned purchase of 100 % of the issued and outstanding shares of 1560406 B.C. Ltd.
- No further details on alternative strategies or financial impact were provided.
Key Details
- Original Agreement: Share‑exchange agreement dated Jan. 29, 2026 to acquire all shares of 1560406 B.C. Ltd. (Antimony Claims).
- Termination Date: Announcement made Feb. 2, 2026; termination is effective immediately upon mutual consent.
- Reason for Termination: Not disclosed; parties agreed mutually to end the transaction.
- Impact on Company: No immediate financial transactions reported; potential impact on future growth plans in antimony assets remains uncertain.
Notable Quotes
(No executive quotes were included in the release.)