Key facts
- This page summarizes Kuljit Singh Basi's Form 4 filing for Tactical Resources Corp. (TREO).
- 1 reported transaction and 3 derivative rows are listed below.
- Accepted by SEC: 24 Aug 2026, 18:21.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
Represents an award of performance stock units ("PRSUs"). Each PRSU represents a contingent right to receive one common share of the Issuer (each, a "Common Share") upon the earlier of (i) the achievement of certain pre-established share price targets or (ii) a change of control of the Issuer, in each case subject to the Reporting Person's continued employment with the Issuer through the applicable payment date. One-third of the PRSUs will vest upon the Issuer's price per Common Share achieving a daily volume weighted average closing sale price per share ("Stock Price Level") of $50.00, one-third will vest upon the Issuer's price per Common Share achieving a $60.00 Stock Price Level, and the remaining one-third will vest upon the Issuer's price per Common Share achieving a $70.00 Stock Price Level. Any PRSUs that remain unvested as of the seventh anniversary of the grant date will be forfeited and cancelled without consideration.
Footnote F2
Reflects the 1-for-4 reverse stock split of the Issuer's outstanding common stock effected on 08/20/2026.
Footnote F3
The convertible debenture matures on January 21, 2027, bears interest at 10% per annum, and is convertible into units of the Issuer (each, a "Unit") at any time before maturity at a conversion price of C$0.80. Each Unit consists of one Common Share and one share purchase warrant, with each warrant exercisable for one Common Share at an exercise price of C$0.80.
Footnote F4
Each warrant becomes exercisable on the date on which the Convertible Debenture is converted into Units of the Issuer.
Footnote F5
Each warrant expires three years following the date of conversion of the Convertible Debenture.