Plum Acquisition Corp. IV - Class A Ordinary Shares (PLMK)

IMPERIAL, Calif., March 09, 2026 (GLOBE NEWSWIRE) -- Controlled Thermal Resources Holdings Inc. (“CTR” or the “Company”), an emerging leader in U.S. critical minerals and clean geothermal energy development, and Plum Acquisition Corp. IV (Nasdaq: PLMK, “Plum IV”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”) that will result in CTR becoming a publicly traded company in the United States. Upon closing, the combined company is expected to operate as Controlled Thermal Resources and is expected to be listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “CTRH”.

ATLANTIC CITY, NJ AND IMPERIAL COUNTY, CA / ACCESS Newswire / January 21, 2026 / American Critical Resources ("ACR"), a U.S. critical minerals and renewable energy company, today announced participation in the DealFlow Discovery Conference on January 28-29, 2026.

Plum Acquisition (NASDAQ: PLMK) announced it has entered into a non-binding letter of intent with American Critical Resources, a subsidiary of Controlled Thermal Resources Holdings Inc., for a proposed business combination aimed at accelerating the development of a strategically significant U.S.-based geothermal energy and critical minerals platform. The transaction would bring American Critical Resources public on a national securities exchange and support advancement of CTR’s Hell’s Kitchen project at California’s Salton Sea, a globally significant geothermal lithium resource. The project is designed to deliver renewable baseload power alongside large-scale domestic lithium production, with additional upside from the potential recovery of other critical minerals identified as vital to U.S. energy security, manufacturing, and defense.