Barksdale Resources is pleased to announce it has granted stock options to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 4,850,000 common shares in the capital of the Company, pursuant to the Company's stock option plan. The stock options are each convertible into a common share at an exercise price of $0.12 until January 22, 2029. William Wulftange, President and CEO [...]
Barksdale Resources announces plans to raise $5,000,000 on a private placement basis consisting of up to approximately 55,555,555 common share units in the capital of the Company at a price of $0.09 per Unit for gross proceeds of approximately of $5,000,000. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to [...]
Barksdale Resources announces that it intends to issue 3,904,110 common shares in the capital of the Company to certain creditors in settlement of $351,369 of accrued interest on the debentures held by Delbrook Resource Opportunities Fund and Delbrook Resource Opportunities Master Fund LP at a deemed price of $0.09 per Debt Settlement Share. The Debt Settlement Shares to satisfy the Aggregate Debt will be subject to a [...]
Barksdale Resources announces that it has received acceptance from the TSXV and has completed the previously announced amendments to the terms of its secured convertible debentures and associated warrants held by investment funds managed by Delbrook Capital Advisors. As a result of the Amendments: the maturity date of the secured convertible debentures previously issued to the Delbrook Capital Funds in the aggregate [...]
Barksdale Resources announces that it is seeking TSX Venture Exchange acceptance to amend the terms of its debentures and associated warrants held by investment funds managed by Delbrook Capital Advisors Inc. as follows: extend the maturity date of the secured convertible debentures in the principal amount of CDN$1,500,000 from December 31, 2027 to Dec 31, 2028, and reduce the conversion price from CDN$0.12 per Share to [...]
Barksdale Resources announces that its new omnibus share incentive plan has been approved by the TSXV. The Share Incentive Plan was previously adopted by the board of directors of the Company on Nov 5, 2025, and approved by the shareholders of the Company at the annual general meeting of shareholders held Dec 18, 2025. The Share Incentive Plan was adopted in accordance with Policy 4.4 - Security Based Compensation of the [...]
Barksdale Resources announces that independent board member Jeffrey O'Neill has resigned from the Company's Board of Directors for personal reasons. Mr. O'Neill has been on the Barksdale board for nine years and is a business consultant based in Vancouver. He will remain with the Company as a strategic advisor. Barksdale Board Chairman Darren Blasutti said, "Jeff has been an outstanding board member and will be missed. We [...]
Barksdale Resources has released assays from the Company's Spring 2025 drill program with encouraging results and copper grades and provides an update on the Phase ll drill plan to bring the Sunnyside project ownership to 67 ½%. Phase ll Drill Campaign The Company remains on track with its Phase ll drilling program which will increase the Company's ownership of the Sunnyside joint venture with Great Basin Metals to 67 [...]
Barksdale Resources is pleased to announce that it has completed the C$1 million cash payment and released 5 million shares of Barksdale stock, both to Regal Resources. These payments fulfill all the Phase I earn-in requirements securing a permanent 51% ownership of the Sunnyside project. Shares provided to Regal are subject to a four-month trading hold period. "Completion of all the Phase I earn-in stipulations outlined [...]
Received Preliminary Spring Drilling Assays and Plans for Fall Campaign All financial amounts listed in Canadian dollars. Barksdale Resources Corp. is pleased to announce that it has completed all expenditures and drilling footage required to maintain a 51% interest in Sunnyside and is awaiting confirmation from Regal Resources to pay the $1.0 million cash and release the 5.0 million Barksdale shares held in escrow. The [...]
Positions Necessary Activity for Sunnyside Ownership All currency listed in CAD dollars unless otherwise stated. Barksdale Resources Corp. is pleased to announce that it has completed its required 7,620 metres of drilling and $6 million defined expenditures that entitles it to acquire an initial 51% interest in the Sunnyside project. The Company can trigger the acquisition of 51% by making payments of $1.0 million cash [...]
Barksdale Resources Corp. , is pleased to announce that it has closed the previously-announced private placement offering of secured convertible debentures in the principal amount of CDN$3,000,000 maturing December 31, 2027 , subject to the holder put right described below, for gross proceeds of CDN$3,000,000 , to investment funds managed by Delbrook Capital Advisors Inc. . Concurrent with the New Debenture offering, the [...]