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Don Durrett of GoldStockData.com outlines current gold and silver market dynamics, explaining why the metals continue to rise and how high they could go in the future.

He also shares his current gold and silver stock strategy.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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The commander of U.S. Southern Command (SOUTHCOM), whose area of operations includes the Caribbean waters where the strikes against the alleged drug boats have been conducted, announced he is retiring suddenly by the end of the year. 

Navy Adm. Alvin Holsey, who became the commander of SOUTHCOM in November 2024, announced Thursday that he would retire from the Navy in December. No reason for his abrupt exit was provided, and the Pentagon did not immediately respond to a request for comment from Fox News Digital. 

‘The SOUTHCOM team has made lasting contributions to the defense of our nation, and will continue to do so,’ Holsey said in a statement SOUTHCOM shared on social media. ‘I am confident that you will forge ahead, focused on your mission that strengthens our nation and ensures its longevity as a beacon of freedom around the globe.’ 

Holsey commissioned in 1988, and flew both SH-2F Seasprite and SH-60B Seahawk helicopters. Holsey’s previous assignments include serving as the deputy commander of SOUTHCOM, as well as deputy Chief of Naval Personnel and the commander of the aircraft carrier Carl Vinson’s carrier strike group.

The New York Times first reported that Holsey was departing his post. 

Holsey’s retirement less than a year into his tenure leading the combatant command is unusual. Former SOUTHCOM commander, Army Gen. Laura Richardson, served in the role from 2021 to 2024. 

Holsey’s retirement comes as tensions heat up in his area of operations, and just a few days after the U.S. military conducted a strike against alleged narco-traffickers in the Caribbean and after the Department of War unveiled a new counter-narcotics Joint Task Force in SOUTHCOM’s area of responsibility.

The Trump administration has adopted an aggressive approach to address the flow of drugs into the U.S., and designated drug cartel groups like Tren de Aragua, Sinaloa and others as foreign terrorist organizations in February.

Likewise, the White House sent lawmakers a memo Sept. 30 notifying them that the U.S. is now participating in a ‘non-international armed conflict’ with drug smugglers, and has conducted at least five fatal strikes on alleged drug boats off the coast of Venezuela. 

Even so, lawmakers on both sides of the aisle have expressed doubts about the legality of the strikes, and Sens. Adam Schiff, D-Calif., and Tim Kaine, D-Va., filed a war powers resolution in September to prohibit U.S. forces from engaging in ‘hostilities’ against certain non-state organizations.

Although the resolution failed in the Senate by a 51–48 margin Oct. 8, Republicans Rand Paul of Kentucky and Lisa Murkowski of Alaska voted with their Democratic counterparts for the resolution.

Meanwhile, Trump has signaled he is eyeing land operations now ‘because we’ve got the sea very well under control,’ and confirmed that he authorized the CIA to conduct covert operations in Venezuela, after the New York Times reported Wednesday he had approved the order. 

Trump said he did so because Venezuela has released prisoners into the U.S., and that drugs were pouring into the U.S. from Venezuela through the sea routes. 

However, Trump declined to answer though when asked if the CIA had the authority to ‘take out’ Venezuelan President Nicolás Maduro. The Trump administration has said it does not recognize Maduro as a legitimate head of state, but a leader of a drug cartel.

Department of War Secretary Pete Hegseth commended Holsey for his service, and wished Holsey and his family continued success. 

‘Throughout his career—from commanding helicopter squadrons to leading Carrier Strike Group One and standing up the International Maritime Security Construct—Admiral Holsey has demonstrated unwavering commitment to mission, people, and nation,’ Hegseth said in a post on social media on Thursday. ‘His tenure as Military Deputy Commander and now Commander of United States Southern Command reflects a legacy of operational excellence and strategic vision.’ 

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The U.S. is planning to offer rewards to Gazans who help locate the bodies of the deceased hostages who were held by Hamas, a pair of senior White House advisors told reporters Wednesday evening.

‘We’re probably going to put together some sort of program where we’re going to ask people to see if they can help us to locate bodies. And we’re going to pay rewards for that type of good behavior,’ one advisor said.

As part of the ceasefire agreement, all 20 living hostages have been returned to Israel, along with nine bodies of the deceased. Nineteen more bodies have yet to be located.

Hamas claims it does not know the location of the other bodies, and ‘significant efforts and special equipment’ would be needed to locate them.

An advisor tamped down accusations that Hamas had violated the ceasefire agreements, insisting the terms of the agreement prioritized living hostages, and they expected bodies to be difficult to locate in a war zone.

Still, they added, ‘I can tell you that we’re not going to leave here until everybody comes home.’

‘We’ve heard a lot of people saying, ‘Well, you know, Hamas violated the deal, because not all the bodies have been returned.’ I think the understanding we had with them was we’d get all the live hostages, out, which they did honor that.’

Israeli intelligence and Turkish retrieval experts, trained for Turkey’s frequent earthquakes, will aid the effort to locate the 19 remaining bodies.

‘You have to understand the complexity of the conditions on the ground,’ an advisor said. ‘The entire Gaza Strip has been pulverized. It looks like something out of a movie. And there’s very, very little buildings left standing.’

The advisor equated the debris levels to those seen after the 9/11 attack on the World Trade Center. ‘This is, I don’t know, it feels like multiple times more.’

Amid the debris are unexploded ordnance, further complicating body retrieval.

An advisor also detailed plans for ‘safe zones’ behind the Yellow Line — the area still occupied by the Israeli Defense Forces in Gaza — for Palestinians looking to flee Hamas as the militant group conducts executions across the strip.

‘Israel is very committed to creating safety for the people of Gaza who want to live in peace. And so this is a new line of effort that we requested. And that it was met with a lot of enthusiasm from Israel to try to set this up.’

Violent clashes between Hamas and rival groups have been reported in areas across Gaza, and videos circulating across social media appear to show executions.

An advisor told reporters it had told Hamas to stop the killings.

‘There have been a lot of reports in Gaza of Hamas killing and going after Palestinian civilians. That’s something that we’ve been working with the mediators to send a message to say we’d really like to see that stop.’

‘We are seeing different actions on all sides that, obviously, that President Trump and his team are working very hard to minimize.’

An Israeli military official told Fox News Digital the killings are ‘Hamas’ deliberate attempt to show the killing publicly and reestablish its rule by terrorizing civilians.’

Trump earlier this week suggested Hamas was conducting police activities and those who were killed were gang members.

‘[Hamas] do want to stop the problems and they’ve been open about it, and we gave them approval for a period of time,’ he told reporters on Monday.

‘You have close to 2 million people going back to buildings that have been demolished, and a lot of bad things can happen. So we want it to be — we want it to be safe.’

The president added on Tuesday: ‘They did take out a couple of gangs that were very bad gangs, very, very bad.’

‘And that didn’t bother me much, to be honest with you,’ he added.

On Monday, Hamas returned all living hostages, showing a positive sign for the historic but tenuous ceasefire agreement with Israel. The IDF, in turn, pulled back in Gaza to behind what’s known as a ‘Yellow line,’ part of Phase One of the agreement.

Fox News’ Efrat Lachter contributed to this report. 

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Former White House National Security Advisor John Bolton was indicted Thursday on 18 counts related to the improper handling of classified materials, Fox News Digital has learned.

According to the indictment, Bolton was indicted on eight counts of transmission of National Defense Information and ten counts of retention of National Defense information.

‘From on or about April 9, 2018, through at least on or about August 22, 2025, BOLTON abused his position as National Security Advisor by sharing more than a thousand pages of information about his day-to-day activities as the National Security Advisor—including information relating to the national defense which was classified up to the TOP SECRET/SCI level—with two unauthorized individuals, namely Individuals 1 and 2,’ the indictment reads. ‘BOLTON also unlawfully retained documents, writings, and notes relating to the national defense, including information classified up to the TOP SECRET/SCI level, in his home in Montgomery County, Maryland.’

The documents Bolton transmitted were sent to two individuals unauthorized to view classified documents.

Those documents, according to the indictment, revealed intelligence about future attacks by an adversarial group in another country; a liaison partner sharing sensitive information with the U.S. intelligence community; intelligence that a foreign adversary was planning a missile launch in the future; a covert action in a foreign country that was related to sensitive intergovernmental actions; sensitive sources and methods used to collect human intelligence; intelligence about an adversary’s knowledge of planned U.S. actions; intelligence about adversary’s plans for attack conducted against U.S. Forces in another country; human intelligence using sensitive sources and methods; a covert action program; intelligence collected on the leader of an adversary nation’s military group; intelligence on an adversary’s leaders; intelligence concerning a foreign country’s interactions with an adversary; a direct statement collected via intelligence sources and methods on a foreign country; a foreign country’s intelligence describing an adversary’s planned attack on a facility; sensitive sources and methods used to collect intelligence on a foreign country; a covert action and sources and methods used; intelligence on covert action planned by the U.S. Government; intelligence confirming a foreign adversary was responsible for an attack; and intelligence on covert action conducted by the U.S. Government, a liaison partner country, and specific information about the action.

The documents were all classified as ‘TOP SECRET.’

As for the documents he allegedly retained, one document revealed intelligence about a future attack by an adversarial group in another country; another revealed liaison partners sharing sensitive information with the U.S. intelligence community; another revealed intelligence that a foreign adversary was planning a missile launch in the future; a covert action in a foreign country related to sensitive inter-governmental actions and sensitive sources and methods used to collect human intelligence.

Other documents revealed intelligence about an adversary’s knowledge of planned U.S. actions; intelligence about adversary’s plans for attack conducted against U.S. Forces in another country; human intelligence using sensitive sources and methods; and intelligence collected on the leader of an adversary nation’s military group.

Others revealed intelligence concerning a foreign country’s interactions with an adversary; a foreign country’s intelligence describing an adversary’s planned attack on a facility; intelligence confirming a foreign adversary was responsible for an attack; intelligence that a foreign country was considering specific force against another country; and more.

The documents range in classification from ‘SECRET’ to ‘TOP SECRET.’

‘The FBI’s investigation revealed that John Bolton allegedly transmitted top secret information using personal online accounts and retained said documents in his house in direct violation of federal law,’ said FBI Director Kash Patel. ‘The case was based on meticulous work from dedicated career professionals at the FBI who followed the facts without fear or favor. Weaponization of justice will not be tolerated, and this FBI will stop at nothing to bring to justice anyone who threatens our national security.’

Legal analyst reveals when John Bolton took a

Attorney General Pam Bondi said in a statement, ‘There is one tier of justice for all Americans. 

‘Anyone who abuses a position of power and jeopardizes our national security will be held accountable,’ she said. ‘No one is above the law.’

Bolton’s Maryland home had been raided by FBI agents in August. That search was focused on classified documents agents believed Bolton possessed. 

The list of more than a dozen items seized from the Bethesda, Maryland, home of President Donald Trump’s former national security advisor was included in search warrant documents filed with the U.S. District Court for the District of Maryland.

Among the technology seized from Bolton’s home were two iPhones — a red one with two camera lenses and a black one in a black case — and three computers, including a silver Dell XPS laptop with cables; a Dell Precision Tower computer model 3620; and a Dell Inspiron 2330 computer, according to the search warrant documents. 

One Seagate hard drive and two Sandisk 64 gigabyte USB drives were also seized.

The list shows the FBI also took a white binder labeled, ‘Statements and Reflections to Allied Strikes…’ and typed documents in folders labeled ‘Trump I-IV.’

Four boxes containing what federal officials called ‘printed daily activities’ also were hauled from Bolton’s home, according to the documents. 

The Aug. 22 FBI raid was linked to a probe of mishandling classified documents.

Bolton served as Trump’s White House national security advisor during his first administration, from 2018 to 2019.

A source familiar with the early stages of the investigation told Fox News Digital that CIA Director John Ratcliffe provided Patel with limited access to U.S. intelligence that served as the basis for the search warrant. The source told Fox News Digital that the evidence justified the raid on Bolton’s home.

‘I can’t give you any more details than that, but let’s just say that John Bolton really had some nerve to attack Trump over his handling of classified information,’ the source told Fox News Digital after the August raid.

The probe into Bolton’s alleged retention of classified documents was first launched years ago but later shut down by the Biden administration ‘for political reasons,’ according to a senior U.S. official.

The Justice Department under Trump’s first administration argued that Bolton’s 2020 memoir, ‘The Room Where It Happened,’ contained classified material and sought to block its publication. A federal judge ultimately allowed the book to be published.

Justice Department lawyers argued the book contained classified national security information covering areas like U.S. intelligence sources and methods, foreign policy deliberations and conversations with foreign leaders.

In June 2021, the Biden Justice Department abandoned both a criminal inquiry and civil lawsuit against Bolton over the memoir, ending the legal battle at that time.

Paul Mauro predicts

Bolton’s attorney said at the time that a senior career official in charge of the National Security Council’s pre-publication review process conducted a four-month review of the book and, after requiring a number of revisions, concluded that it contained no classified information.

The book contained a damning account of the Trump White House, alleging that Trump once ‘pleaded’ with Chinese President Xi Jinping to aid his re-election campaign, among other missteps.

Trump ousted Bolton from his first administration in 2019 because the pair ‘disagreed strongly’ on policy. 

Bolton has both praised and criticized Trump since leaving his first administration. 

He criticized Trump’s handling of classified documents, which led to an FBI raid on the former president’s Mar-a-Lago home in 2022 and a subsequent federal indictment, but insisted that ‘the legal process play out.’

Trump initially was indicted on 37 felony counts, later expanded to 40, but the case was ultimately dismissed in July 2024.

In 2022, Bolton said Trump lacked the competence and character to be president.

However, Bolton strongly backed Trump’s military strike on Iran’s nuclear facilities in June, calling it ‘a decisive action,’ ‘the right thing to do,’ and praising its potential to generate ‘huge change in the Middle East.’

Trump, meanwhile, often has criticized Bolton for pushing U.S. involvement in wars in the Middle East. Bolton served as U.S. ambassador to the United Nations under President George W. Bush from August 2005 to December 2006.

Trump revoked Bolton’s Secret Service detail Jan. 21, the day after Trump’s inauguration as the 47th president, and Bolton said the move showed that Trump was coming after him.

‘I think it is a retribution presidency,’ Bolton told ABC earlier in 2025, responding to Trump’s move to revoke his security clearance.

Bolton has faced threats from Iran going back years, including an alleged plot to assassinate him in 2021 and the Department of Justice subsequently charging a member of Iran’s Islamic Revolutionary Guard Corps for the plot in 2022.

The Iranian threats against Bolton were likely sparked by the January 2020 U.S. strike that killed Qassem Soleimani, the head of Iran’s Quds Force, the Department of Justice reported in 2022. 

Bolton did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Ashley Oliver and Kiera McDonald contributed to this report. 

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A teenage street musician has been jailed and charged with leading a public gathering in which she led a crowd in singing an anti-Putin rock song in St. Petersburg, a rare act of defiance, according to local reports.

Diana Loginova faces a single administrative charge for organizing an unauthorized public gathering and has been jailed for 13 days, The Moscow Times reported.

After serving her sentence, Loginova will face an additional administrative offense of ‘discrediting’ the Russian military, Reuters reported.

Loginova, who performs under the name Naoko with the band Stoptime, was arrested Tuesday after being filmed earlier leading a crowd in singing the lyrics to exiled rapper Noize MC’s hit song ‘Swan Lake Cooperative.’

Noize MC, the musician who wrote ‘Swan Lake Cooperative,’ is openly critical of the Kremlin and left Russia for Lithuania after the start of the war in Ukraine.

For its part, Moscow has added him to its list of ‘foreign agents,’ which includes hundreds of individuals and entities accused of conducting subversive activities with support from abroad, Reuters reported.

The song doesn’t reference Russian President Vladimir Putin or mention the war in Ukraine. It is a reference to Tchaikovsky’s Swan Lake, which was played on television after the deaths of Soviet leaders and during the 1991 coup attempt against President Mikhail Gorbachev.

In May, a St. Petersburg court banned the song on grounds it ‘may contain signs of justification and excuse for hostile, hateful attitudes towards people, as well as statements promoting violent changes to the foundations of the constitutional order.’

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The Governments of the United States and the Democratic Republic of the Congo (DRC) co-hosted the U.S.–DRC Economic and Investment Forum in Washington, D.C. The two-day event convened senior officials from both governments, institutional investors, representatives of major development finance institutions, and executives from leading U.S. and Congolese companies to strengthen bilateral economic relations, expand trade and investment, and promote sustainable development. The event was hosted by Her Excellency, Judith Suminwa, who is the first woman prime minister of the DRC.

The Forum highlighted investment opportunities across key sectors including mining and critical minerals, energy, infrastructure, agriculture, manufacturing, technology, and environmental sustainability, aiming to foster public–private partnerships grounded in transparency, good governance, and environmental responsibility, while advancing reforms to improve the DRC’s business climate.

The Forum followed a successful U.S.–DRC investment roundtable hosted earlier in the year in Washington, D.C., by President Donald J. Trump and President Félix Tshisekedi, which underscored both nations’ commitment to building a strategic, investment-driven partnership. The meeting focused on advancing collaboration in the responsible sourcing and processing of critical minerals—such as cobalt, lithium, copper, and tantalum— essential to the global clean energy and technology sectors. U.S. Secretary of State Marco Rubio has previously emphasized the strategic importance of protecting U.S. interests in critical minerals and supporting peace and stability in the region, highlighting the role of responsible investment in fostering regional security and long-term growth.

President Trump has stated: ‘Our partnership with the Democratic Republic of the Congo provides the United States with a strategic advantage by securing critical minerals essential to our industries. U.S. companies are ready to step up and invest. For them to succeed, they need transparency, predictable governance, and a stronger enabling environment in the DRC.’ The Chairman and CEO of African Discovery Group, Alan Kessler stressed in his roundtable with the Governor of Lualaba, DRC, Fifi Masuka Saini, a focus on governance and bankability of underlying projects. This theme of corporate governance has been stated numerous times by Commerce Secretary Howard Lutnick, as a key to unlocking US investment. The DRC holds approximately $30 trillion of mineral wealth at current prices, while the United States holds approximately 55% of the world’s global institutional assets.

As part of this deepening bilateral cooperation, a major milestone was marked by African Discovery Group (AFDG) announcing a move to acquire the Butembo copper exploration license in the DRC as part of a strategic push to create a new dedicated American copper company, signaling growing investor confidence and the strengthening of bilateral economic ties.

The forum additionally acts as a backdrop to further tensions in US-China trade on strategic minerals and metals, with U.S. Trade Representative Jamieson Greer adding that China’s recent restrictions on minerals exports are prompting a ‘global supply chain power grab.’

CONTACT: mg@africandiscoverygroup.com

Source

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Tactical Resources Corp (TSXV:RARE)(OTC PINK:USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, today announced a business update.

Nasdaq Transaction and U.S. Government Relations Progress

Tactical Resources continues to make progress with key project activities and is working to close its previously announced business combination with Plum Acquisition Corp. III (“Plum”), with several key milestones achieved:

  • Continued work with prominent Washington, DC lobby firm to support its continued dialogue with key stakeholders in the U.S. government.
  • Registration Statement progressing through regulatory review.
  • Customary closing conditions are advancing as expected.
  • Post-transaction Nasdaq listing anticipated to provide enhanced access to capital markets and provide access to additional funds to advance development strategy at the Peak Project.

“Our project work continues to demonstrate the promising potential of our direct-to-leach extraction process, positioning us uniquely in the rare earth elements sector,” said Ranjeet Sundher, CEO and Director of Tactical Resources. “We are actively engaging with key industry players regarding initial potential offtake discussions, which represents a significant step forward in our go-to-market strategy. Additionally, we have engaged experienced policy advisors to enhance our efforts in Washington D.C., ensuring we remain aligned with U.S. national critical minerals initiatives and defense priorities.”

Additional information may be found in the updated Tactical Resources Corporate Presentation. To sign up for Tactical Resources News Alerts, visit our Website (www.tacticalresources.com).

Market Dynamics

Policy + geopolitics

China tightened rare-earth export controls on Oct 9, 2025, expanding licensing and targeting defense and semiconductor end-uses-escalating supply-security risk for non-Chinese buyers.

U.S. federal support increased materially in 2025. In July 2025, the U.S. Department of Defense (DoD) announced a multi-billion-dollar public-private partnership with MP Materials to accelerate domestic magnet independence; contemporaneous reporting noted price floors for key REEs and a new large-scale magnet factory plan.

The Administration also pursued broader critical-minerals trade/security actions in 2025 (e.g., Section 232-related measures) and reiterated DPA use to expand domestic mineral capacity.

Market indicators

The VanEck Rare Earth & Strategic Metals ETF (REMX)-a liquid proxy for REE equities tracking the MVIS Global Rare Earth/Strategic Metals Index (MVREMXTR)-was +85.76% YTD as of Oct 8, 2025 (AUM ~$1.11B).

Supply-demand snapshots

Strategic context: Recent nonpartisan analysis (Oct 2025) emphasize that the U.S. remains behind on critical minerals/REE resilience and must couple onshoring with allied supply-chain strategies-consistent with the federal actions above.

Implications for Tactical Resources (sector-level)

China control tightening on REE export control, plus a more interventionist U.S. policy environment (price floors, DoD partnerships, DPA/Section 232 activity) tends to raise the option value of near-term, domestic, lower-capex feedstock-to-leach pathways and recycling/tailings-based REE projects-particularly those aligned with defense-relevant magnet materials and capable of accelerating time-to-first-production.

Path Forward

Currently, in addition to advancing the transaction with Plum, Tactical Resources continues to conduct ongoing project work to further analyze the potential of the Peak Project’s rare earth output and refine its growth strategy. Following the anticipated transaction closing, Tactical Resources plans to:

  • Complete additional assessments for rare earth extraction and processing.
  • Advance Phase 1 demonstration plant development.
  • Evaluate near-term value-add opportunities around potential to provide non-dilutive project funding.
  • Continue optimization work on the direct-leach extraction process.

This press release has been authorized for issue by Director and CEO of Tactical Resources, Ranjeet Sundher.

About Tactical Resources

Tactical Resources is a mineral exploration and development company focused on U.S.-made rare earth elements used in semiconductors, electric vehicles, advanced robotics, and most importantly, national defense. The Company is also actively involved in the development of innovative metallurgical processing techniques to further unlock REE’s development potential.

Ranjeet Sundher, Chief Executive Officer
Tel: +1-778-588-5483

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

About Plum Acquisition Corp. III

Plum Acquisition Corp. III is a special purpose acquisition company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Plum Partners seeks to establish itself as the first-stop SPAC platform for high-quality companies, and the management team’s decades of operational experience leading technology companies, and Plum Partner’s proprietary Accelerating Through the Bell operational playbook, helps companies list and grow in the public markets.

For additional information, please visit https://plumpartners.com/.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Business Combination and has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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, Plum’s, Tactical Resources’, or their respective management teams’ expectations concerning the outlook for their or Tactical Resources’ 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 net proceeds, expected additional funding, the support of key stakeholders in the U.S. government, the percentage of redemptions of Plum’s public stockholders, growth prospects and outlook of Tactical Resources’ operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of Tactical Resources’ projects, as well as any information concerning possible or assumed future results of operations of Tactical Resources. 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 respective management teams of Tactical Resources and Plum, as applicable, 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) the risk that the Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of Plum’s securities; (ii) the risk that the Business Combination may not be completed by Plum’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Plum; (iii) the failure to satisfy the conditions to the consummation of the Business Combination, including the adoption of the Business Combination Agreement by the shareholders of Plum and Tactical Resources and the receipt of certain regulatory and court approvals; (iv) market risks; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (vi) the effect of the announcement or pendency of the Business Combination on Tactical Resources’ business relationships, performance, and business generally; (vii) risks that the Business Combination disrupts current plans of Tactical Resources and potential difficulties in its employee retention as a result of the Business Combination; (viii) the outcome of any legal proceedings that may be instituted against Tactical Resources or Plum related to the Business Combination Agreement or the Business Combination; (ix) failure to realize the anticipated benefits of the Business Combination; (x) the inability to meet listing requirements to list Plum III Merger Corp.’s (“Pubco”) securities on Nasdaq; (xi) the risk that the price of Pubco’s securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which Tactical Resources 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; (xii) 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; (xiii) the risk that Tactical Resources may not be able to successfully develop its mining projects, and/or its expansion plan (xiv) the risk that Tactical Resources will be unable to raise additional capital to execute its business plan, which many not be available on acceptable terms or at all; (xv) political and social risks of operating in the U.S. and other countries; (xvi) the operational hazards and risks that Tactical Resources faces; and (xvii) the risk that additional financing in connection with the Business Combination may not be raised on favorable terms, or at all. The foregoing list is not exhaustive, and there may be additional risks that neither Plum nor Tactical Resources presently knows or that Plum and Tactical Resources currently believe 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’s Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 28, 2025, the risks described in the Registration Statement on Form F-4 and the amendments thereto (the “Registration Statement”), which was initially filed by Pubco on October 29, 2024 and includes a preliminary proxy statement/prospectus, and those discussed and identified in filings made with the SEC by Plum and Pubco and filings made by Tactical Resources with the Canadian Securities Administrators (the “CSA”) from time to time. Tactical Resources and Plum caution 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. None of Tactical Resources, Plum, or Pubco undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that Tactical Resources, Plum, or Pubco 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, up to the consummation of the Business Combination, in Plum’s or Pubco’s public filings with the SEC, or Tactical Resources’ filings 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.

Important Information for Investors and Shareholders

In connection with the Business Combination, Pubco and the Company have filed the Registration Statement with the SEC, which includes a prospectus with respect to Pubco’s securities to be issued in connection with the Business Combination and a proxy statement to be distributed to holders of Plum’s common shares in connection with Plum’s solicitation of proxies for the vote by Plum’s shareholders with respect to the Business Combination and other matters to be described in the Registration Statement (the “Proxy Statement”). After the SEC declares the Registration Statement effective, Plum plans to file a definitive Proxy Statement and prospectus with the SEC and to mail copies to stockholders of Plum as of a record date to be established for voting on the Business Combination. In addition, the Company will prepare and mail an information circular relating to the Business Combination to its shareholders. This press release does not contain all the information that should be considered concerning the Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that Pubco or Plum may file with the SEC or that Tactical Resources may file with the CSA. Before making any investment or voting decision, investors and security holders of Plum and Tactical Resources are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC or CSA in connection with the Business Combination as they become available because they will contain important information about Tactical Resources, Plum, Pubco and the Business Combination.

Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by Pubco and Plum through the website maintained by the SEC at www.sec.gov and with the CSA through SEDAR+ at www.sedarplus.ca. In addition, the documents filed by Pubco and Plum may be obtained free of charge from Plum’s website at https://plumpartners.com/ or by directing a request to Kanishka Roy, Chief Executive Officer, 2021 Fillmore St. #2089, San Francisco, California 94115; Tel: 929-529-7125. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Tactical Resources, Plum, Pubco and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC or CSA, be deemed to be participants in the solicitations of proxies in connection with the Business Combination. For more information about the names, affiliations and interests of Plum’s directors and executive officers, please refer to Plum’s annual report on Form 10-K filed with the SEC on March 28, 2025, and Registration Statement, Proxy Statement and other relevant materials filed with the SEC in connection with the Business Combination when they become available. Information about the directors and executive officers of Tactical Resources can be found in its Management Information Circular dated October 26, 2023, which was filed with the CSA on November 11, 2023. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of Plum’s or Tactical Resource’s shareholders generally, are included in the Registration Statement and the Proxy Statement as filed with the SEC or the CSA and other relevant materials when they become available. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement and other such documents carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This release shall not constitute a “solicitation” as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This release shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.

Investor and Media Relations Contact

Media
media@tacticalresources.com

Investors
investors@tacticalresources.com

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AF2 Capital Corp. (TSXV: AF.P) (‘AF2‘ or the ‘Company‘) is pleased to announce it has entered into a non-binding letter of intent dated October 14, 2025 (the ‘LOI‘) with EverKind Inc. (‘EverKind‘), an AI-powered emotional wellness platform, which sets forth, in general terms, the basic terms and conditions upon which EverKind and AF2 will combine their business operations resulting in a reverse takeover of AF2 by EverKind and its shareholders (the ‘Transaction‘). It is intended that the Transaction will constitute the ‘Qualifying Transaction’ of AF2 as such term is defined in Exchange Policy 2.4 – Capital Pool Companies, resulting in the combination of EverKind and AF2, with the common shares of the resulting issuer to the Transaction (the ‘Resulting Issuer Shares‘) being listed on the TSX Venture Exchange (the ‘Exchange‘), subject to approval of the Exchange.

EverKind is an AI-powered emotional wellness platform that helps users navigate mental and emotional challenges through intelligent, accessible tools. By combining cutting-edge AI with evidence-based wellness practices, EverKind supports users in building balance, clarity, and personal growth.

Pursuant to the terms of the LOI, it is intended that AF2 and EverKind will enter into a business combination by way of an arrangement, amalgamation, share exchange or other similar structure. The final structure of the business combination is subject to receipt by the parties of tax, corporate, and securities law advice. The acceptance of the LOI is being followed by good faith negotiations of definitive documentation, including a definitive merger, amalgamation or share exchange agreement (the ‘Definitive Agreement‘) among the parties setting forth the detailed terms of the Transaction, including the basic understandings set out in the LOI and such other terms and conditions as are customary for transactions of similar nature and magnitude to the Transaction.

AF2 is a capital pool corporation (a ‘CPC‘) as defined under the policies of the Exchange, and it is expected that an application for the listing of the Resulting Issuer Shares will be submitted to the Exchange following the execution of the Definitive Agreement. Completion of the Transaction is subject to a number of conditions, including but not limited to, receiving all required shareholder, regulatory, and other approvals. The Transaction is considered a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions and will be subject to majority of the minority shareholder approval. There can be no certainty that the Transaction will be completed on the terms set out in the LOI or at all.

A comprehensive news release will be issued by AF2 in due course disclosing details of the Transaction, including financial information with respect to EverKind, the names and backgrounds of all persons who will constitute insiders of the Resulting Issuer, the issued and outstanding securities of each of AF2 and EverKind, the terms of the exchange of securities of AF2 and EverKind, the applicable security exchange ratios, the details of any meetings of the shareholders of AF2 and EverKind required to approve the Transaction and matters related thereto (as applicable), and other material information respecting the Transaction once a Definitive Agreement has been executed and certain conditions have been met, including satisfactory completion of due diligence.

About AF2

AF2 is a CPC within the meaning of the policies of the Exchange that has not commenced commercial operations and has no assets other than cash. The officers of the Company are Michael Galloro, Chief Executive Officer, and Jonathan Held, Chief Financial Officer and Corporate Secretary. Except as specifically contemplated in the Exchange’s CPC policy, until the completion of its Qualifying Transaction, the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

About EverKind

EverKind is an AI-powered emotional wellness platform to support reflective, wellness-curious individuals. EverKind helps users navigate mental and emotional challenges through intelligent, accessible tools that meet them where they are, combining cutting-edge AI technology with evidence-based wellness practices to help achieve balance, clarity, and personal growth.

For further information:

AF2 – Michael Galloro, mgalloro@aloefinance.com

EverKind – Harrison Newlands, hello@everkind.com

Forward-Looking Statements

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations (including negative and grammatical variations) of such words and phrases or state that certain acts, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’.

Forward-looking information in this press release may include, without limitation, statements relating to: the completion of the Transaction and the timing thereof, the execution of the Definitive Agreement, the proposed business of the Resulting Issuer, shareholder and regulatory approvals, and future press releases and disclosure.

These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding general economic and industry factors, market conditions, management’s ability to manage and to operate the EverKind business, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of each of the Resulting Issuer, the Company, or EverKind may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

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