Business
Barksdale Announces Shares for Debt Transaction
NOTE: All figures are in Canadian Dollars unless otherwise stated. Vancouver, British Columbia-...
About this update from Barksdale Resources Corp.
[{"type":"text","content":"Barksdale Announces Shares for Debt TransactionNOTE: All figures are in Canadian Dollars unless otherwise stated.Vancouver, British Columbia--(Newsfile Corp. - January 21, 2026) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) (\"Barksdale\" or the \"Company\") announces that it intends to issue 3,904,110 common shares in the capital of the Company to certain creditors (the \"Debt Settlement Shares\") in settlement of $351,369 (the \"Aggregate Debt\") of accrued interest on the debentures held by Delbrook Resource Opportunities Fund and Delbrook Resource Opportunities Master Fund LP at a deemed price of $0.09 per Debt Settlement Share (the \"Shares for Debt Transaction\").The Debt Settlement Shares to satisfy the Aggregate Debt will be subject to a statutory four-month hold period from the date of issuance, in accordance with applicable securities legislation. The Shares for Debt Transaction, including the issuance of the Debt Settlement Shares contemplated thereby, is subject to acceptance by the TSX Venture Exchange.About Barksdale Resources Corp.At Barksdale, our mission is 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.We are focused on the metals essential to the global energy transition and modern infrastructure—particularly copper, zinc, and other critical minerals—at a time when secure, domestic and regional sources are more important than ever.With a sharp focus on critical metals and a commitment to responsible growth, Barksdale is positioned to play a key role in meeting tomorrow's resource needs. www.BarksdaleResources.comOn Behalf of Barksdale Resources Corp.William WulftangeChief Executive Officer and Director604-398-5385Ira M. GostinInvestor Relations604-398-5385 [email protected] the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This news release contains certain \"forward-looking information\" and \"forward-looking statements\" (collectively \"forward-looking statements\") within the meaning of applicable securities legisla...