Tactical Resources (TREO) appointed P. Lourcey Sams as special advisor, effective September 23, 2026, to support commercial development.
Sams will advise on market entry, expansion and commercialization across Texas and the Southern United States. His role includes helping Tactical connect with potential partners, customers and suppliers, develop regional relationships and identify state and local funding opportunities. Sams chairs the Pecos River Commission and will not serve as a Tactical director or officer.
Tactical Resources (TREO) outlined next-phase plans to advance its Peak rare earth project in Texas, following independent metallurgical testing that achieved preliminary TREE+Y extraction rates of up to 96.1% under heated hydrochloric acid agitated-tank conditions.
Work completed since acquisition spans sampling, assaying, mineralogical studies, drone surveys and multiple leach tests, forming the basis for further exploration and eventual mineral resource assessment. Independent Qualified Persons validated the geological and metallurgical data and supported an NI 43-101 / SK-1300 technical report filed in 2022. The project targets rare earth-enriched pre-crushed fines at the active Sierra Blanca Quarry, where Tactical has commercial agreements covering approximately four million tons of stockpiled material and secured ownership of about 1.5 million tons.
The next phase will focus on finalizing Phase‑1 results, advancing process development, permitting roadmaps, downstream partnerships and updated technical reporting, while the company continues to stress that Peak remains an early-stage project with no mineral resources yet estimated.
Tactical Resources (TREO) will mark its recent debut on the Nasdaq Capital Market with a Nasdaq Closing Bell ceremony on Thursday, September 3, 2026, at the Nasdaq MarketSite in Times Square.
The U.S.-focused rare earth elements company is advancing the Peak Project within the active Sierra Blanca Quarry in Hudspeth County, Texas, which benefits from existing infrastructure and previously mined rare earth-enriched material. Tactical’s common shares began trading on Nasdaq on August 20, 2026 under the ticker “TREO” following completion of its business combination with Plum Acquisition Corp. III. The company focuses on supplying rare earths for advanced technologies and aims to contribute to a secure domestic critical minerals supply chain.
Tactical Resources (Nasdaq: TREO) appointed Steve Vanry as Senior Advisor and Thristian Michel as Manager of Business Development, Texas, to reinforce corporate leadership and local execution as it advances the Peak rare earth elements project in Hudspeth County, Texas.
Michel brings over 24 years of project development, construction management and design coordination experience across projects exceeding $120 million in aggregate and is based in Texas near the Peak Project. Vanry adds 30 years of capital markets, strategic planning, regulatory and financial reporting experience, with CFA and CIM designations. According to Tactical Resources, its common shares began trading on the Nasdaq Capital Market on August 20, 2026 under the ticker TREO.
Tactical Resources (Nasdaq: TREO), a U.S.-focused rare earth elements development company, announced that its common shares begin trading on the Nasdaq Stock Market under the ticker symbol “TREO” on August 20, 2026. The company is advancing the Peak Project, a rare earth elements project within the active Sierra Blanca Quarry in Hudspeth County, Texas.
According to Tactical Resources, the project benefits from existing quarry infrastructure and previously mined, rare earth-enriched tailings at surface, which may shorten timelines relative to greenfield projects. The Peak Project features hard-rock mineralization described as directly amenable to leaching, designed to avoid energy-intensive roasting or cracking and to support modular, scalable processing. The company plans a fully U.S.-based processing pathway and highlights applications in defense, electronics, energy infrastructure, and manufacturing, led by a management team with mining, metallurgy, project development, and capital markets experience.
Tactical Resources (Nasdaq: TREO) confirmed that its previously announced four-for-one share consolidation tied to its business combination with Plum Acquisition Corp. III is now effective. The company’s common shares will begin trading on the Nasdaq Capital Market on August 20, 2026 under the ticker symbol “TREO.”
Following the consolidation, Tactical Resources has approximately 13,612,034 common shares outstanding and has been assigned a new CUSIP number, 87356V306. According to the company, no action is required from shareholders for either the consolidation or the distribution of business combination share consideration, which will be handled via transfer agent mailings for registered holders and account credits for beneficial holders.