Barksdale Announces $950,000 Private Placement

Core Viewpoint - Barksdale Resources Corp. plans to raise $953,780.51 through a private placement of 8,478,049 common share units at a price of $0.1125 per unit, with proceeds aimed at funding ongoing corporate expenses [2][3]. Company Overview - Barksdale Resources Corp. focuses on the strategic acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas, particularly in copper, zinc, and other critical minerals essential for the global energy transition [6][7]. - The company aims to drive long-term shareholder value and is positioned to meet future resource needs with a commitment to responsible growth [6][7]. Investment Details - Each unit in the private placement consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.15 for two years following the offering [3]. - A cash equalization payment of $0.0225 per unit will be issued to Crescat Capital LLC, totaling $190,756.10, as Crescat was unable to participate in a previous offering due to full subscription [4]. Strategic Investor - Crescat Capital LLC is a value-driven asset management firm that focuses on exploration-focused mining companies, aiming to create new economic metal deposits in viable mining jurisdictions globally [5].