Barksdale Clarifies Amendment to Certain Outstanding Warrants Held by Delbrook Capital Funds

Core Viewpoint - Barksdale Resources Corp. has clarified the details regarding the amendments to its secured convertible debentures and associated warrants, specifically extending the expiry date of certain warrants held by Delbrook Capital Funds from December 31, 2027, to December 31, 2028 [2][3][4]. Summary by Sections Amendments and Warrant Extension - The company has amended the terms of its secured convertible debentures and associated warrants, specifically extending the expiry date of 7,500,000 common share purchase warrants from December 31, 2027, to December 31, 2028 [2][3]. - Out of the originally issued 7,500,000 warrants, 4,000,000 were exercised in October 2025, leaving 3,500,000 warrants outstanding, which are now subject to the new expiry date [4]. Related Party Transaction - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, and the company has relied on exemptions from formal valuation and minority shareholder approval requirements, as the fair market value of the securities does not exceed 25% of the company's market capitalization [6]. Company Overview - Barksdale Resources Corp. aims to drive long-term shareholder value through the strategic acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas, focusing on metals essential for the global energy transition [7][8].