Barksdale Resources Announces Approval of Omnibus Incentive Plan

Core Viewpoint - Barksdale Resources Corp. has received approval from the TSX Venture Exchange for its new Share Incentive Plan, which aims to enhance equity-based compensation for its employees and align their interests with those of shareholders [1][2]. Group 1: Share Incentive Plan Details - The Share Incentive Plan was adopted in compliance with TSXV Policy 4.4, which mandates listed issuers to maintain a security-based compensation plan for stock options [2]. - The new plan allows for a broader range of equity-based awards, including stock options, share units, and deferred share units, with a maximum issuance limit of 10% of the company's common shares on a non-diluted basis at the time of grant [3]. - The plan sets a specific cap of 2,000,000 common shares for the issuance of share units and deferred share units [4]. Group 2: Previous Plan Comparison - The Share Incentive Plan replaces the previous stock option plan, which was a rolling plan reserving a maximum of 10% of the company's issued and outstanding common shares [2][4]. Group 3: Company Mission and Focus - Barksdale Resources Corp. aims to drive long-term shareholder value through strategic acquisition, exploration, and advancement of critical, base, and precious metal projects across the Americas [5]. - The company emphasizes the importance of metals essential for the global energy transition and modern infrastructure, particularly copper, zinc, and other critical minerals [5][6].