Core Viewpoint - Barksdale Resources Corp. is seeking TSX Venture Exchange acceptance to amend the terms of its debentures and associated warrants held by Delbrook Capital Advisors Inc., which includes extending maturity dates and reducing conversion and exercise prices [1][4]. Summary by Relevant Sections Debenture Amendments - The maturity date of the secured convertible debentures totaling CDN$1,500,000 will be extended from December 31, 2027, to December 31, 2028, with a reduction in conversion price from CDN$0.12 to CDN$0.10 per share [1]. - The maturity date of the secured convertible debentures totaling CDN$3,000,000 will also be extended from December 31, 2027, to December 31, 2028 [1]. Associated Warrants - The expiry date of the 8,000,000 detachable common share purchase warrants linked to the CDN$1,500,000 Debentures will be extended to December 31, 2028, with the exercise price reduced from CDN$0.12 to CDN$0.10 per share [1]. - The expiry date of the 7,500,000 detachable common share purchase warrants linked to the CDN$3,000,000 Debentures will similarly be extended to December 31, 2028 [1]. New Warrants Issuance - In exchange for the amendments, Barksdale plans to issue 7,000,000 new detachable common share purchase warrants to Delbrook, allowing the purchase of shares at a price of CDN$0.09 per share until December 31, 2028 [4]. Interest Rates - Both the CDN$1,500,000 and CDN$3,000,000 Debentures bear an interest rate of 10% per annum and are convertible into common shares of the company [2]. Put Right Provision - The debentures include a holder put right, allowing Delbrook to require the company to repurchase all or part of the outstanding principal amount after December 31, 2027, with specific conditions regarding the acceleration of warrant expiry dates [3]. Company Overview - Barksdale Resources Corp. is a base metal exploration company focused on acquiring and advancing base metal projects in North America, including the Sunnyside and San Antonio projects in Arizona and the San Javier project in Mexico [7].