Barksdale Resources Corp. is pleased to provide an update on the SUN-003 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. Barksdale has intercepted multiple intervals of carbonate replacement style mineralization at Sunnyside, extending the footprint of previously known mineralization approximately 90m to the northeast of historic [...]
Barksdale Resources Corp. is pleased to provide the final assay results from the SUN2 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. HIGHLIGHTS SUN-002 re-assays of the chalcocite zone have been completed. The zone hosts copper mineralization with a strong silver component that correlates well with historic drilling that extends [...]
Barksdale Resources Corp. announces that it has filed a further amended and restated copy of the offering document related to the Company's private placement originally announced December 20, 2023 in respect of its offering of common share units in the capital of the Company at a price of $0.40 per Unit , which was conditionally approved by the TSX Venture Exchange on January 5, 2024. The Offering Document has been [...]
Barksdale Resources Corp. announces that further to its news releases dated December 13 and December 29, 2023, the Company has now received TSX Venture Exchange acceptance in connection with the extension of the maturity date of the secured convertible debentures held by Delbrook Resource Opportunities Fund and Delbrook Resource Opportunities Master Fund LP , and administered by Delbrook Capital Advisors Inc., by one year [...]
Barksdale Resources Corp. is pleased to announce that it has now closed a first tranche of its private placement originally announced December 20, 2023 with respect to its offering of common share units in the capital of the Company at a price of $0.40 per Unit. The Units were offered for sale to purchasers resident in Canada and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under [...]
Barksdale Resources Corp. announces that further to its news releases dated December 20, 2023 and January 4, 2024 with respect to its offering of up to a maximum of 12,500,000 common share units in the capital of the Company to raise maximum proceeds of up to $5,000,000 , it reports that Crescat Portfolio Management LLC , a 10% insider of the Company and certain directors and officers of the Company shall be participating [...]
Barksdale Resources Corp. announces that further to its news release dated December 20, 2023 announcing the offering of common share units in the capital of the Company at a price of $0.40 per Unit, the Offering will take place on both a brokered basis through Cormark Securities Inc. and a non-brokered basis, with or without the participation of eligible finders . The closing of the Offering is scheduled to occur on [...]
Barksdale Resources Corp. announces that further to the Company's news release dated December 13, 2023 wherein it announced that it was seeking TSX Venture Exchange acceptance to further extend the maturity date of the secured convertible debenture held by Delbrook Capital Advisors Inc. for an additional year until December 31, 2024 , Delbrook has agreed to temporarily waive the payment obligations on the Debentures until [...]
Barksdale Resources Corp. announces that further to its news release dated December 13, 2023, the Company will be cancelling, instead of extending, certain share purchase warrants, currently held by Delbrook Capital Advisors Inc. that were scheduled to expire December 31, 2023 and replacing these with new share purchase warrants exercisable at $0.60 per share expiring December 31, 2024. Barksdale Resources Corp., a 2023 [...]
Barksdale Resources Corp. is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc., as sole Agent , has agreed to sell, on a "best efforts" private placement basis, a minimum of approximately 5,000,000 common shares units in the capital of the Company at a price of $0.40 per Unit for gross proceeds of $2.0 million . Each Unit will be comprised of one common share of the [...]
Barksdale Resources Corp. announces that, subject to the acceptance of the TSX Venture Exchange, it proposes to further extend the maturity date and conversion expiry date of the secured convertible debentures held by Delbrook Capital Advisors Inc. , originally issued January 25, 2022 by way of private placement . The Debentures bear interest at a rate of 10% and are convertible into Common Shares of the Company. In [...]
Barksdale Resources Corp. is pleased to provide a corporate update for the ongoing drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. HIGHLIGHTS SUN-003 has crossed into the Paleozoic carbonate package at 1,237 meters and is continuing to the targeted depth of approximately 1,800 meters. The drill hole is expected to cross the projection of multiple massive sulfide lenses over the next [...]