Barksdale Announces Repricing of Crescat Private Placement

Core Viewpoint - Barksdale Resources Corp. is repricing its private placement with Crescat Capital LLC, resulting in gross proceeds of $763,024.41 from the sale of 8,478,049 common share units priced at $0.09 per unit [2][3]. Group 1: Private Placement Details - The private placement consists of units that include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.15 for two years [3]. - The proceeds from the offering will be used to fund ongoing corporate expenses [3]. - This news release supersedes previous announcements regarding the private placement made on March 10, 2026, and February 11, 2026 [4]. Group 2: Related Party Transaction - Crescat's participation in the offering is classified as a "related party transaction" under Multilateral Instrument 61-101, but it is exempt from formal valuation and minority shareholder approval requirements as the value does not exceed 25% of the company's market capitalization [5]. Group 3: Company Overview - Barksdale Resources Corp. aims to create long-term shareholder value through the acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas [7]. - The company focuses on metals essential for the global energy transition and modern infrastructure, particularly copper, zinc, and other critical minerals [7][8]. - Barksdale is positioned to play a significant role in meeting future resource needs with a commitment to responsible growth [8].