Business
Barksdale Appoints Dr. Quinton Hennigh to the Board
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Barksdale Resources Corp. (TSXV...
About this update from Barksdale Resources Corp.
[{"type":"text","content":"Barksdale Appoints Dr. Quinton Hennigh to the BoardVancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) (\"Barksdale\" or the \"Company\") is pleased to announce the appointment of Dr. Quinton Hennigh to its Board of Directors.Dr. Hennigh commented: \"I am delighted to join the board of Barksdale. The large potential of the Sunnyside Project is one of the most compelling exploration stories I have seen in my career. A $2B mine is under construction at the Taylor deposit next door, and that huge orebody is snuggled up against Sunnyside's eastern property boundary. Not only does Barksdale have an excellent shot at finding the continuation of the Taylor deposit, but we also see strong evidence of additional CRD deposits encircling the Sunnyside porphyry, all situated on our ground. I relish the chance to work with the Barksdale team to develop and test these exciting targets.\" With more than 30 years of experience in the exploration and metals mining industry, Dr. Hennigh is a globally renowned explorationist with a significant track record of making discoveries in North America, South America, Australia, and the Pacific Islands. Dr. Hennigh is currently the President of San Cristobal Mining, a private miner that operates the San Cristobal silver-lead-zinc mine in Bolivia and serves as the Geologic and Technical Director of Crescat Capital, a long-term strategic shareholder of Barksdale.Rick Trotman, President and CEO states, \"It's an honor to have Quinton join the team prior to kicking off the next phase of drilling at Sunnyside. He's already proven himself to be a valuable contributor to our planning process and with his track record and breadth of experience, his insights will be valuable as we press forward to the discovery phase at Sunnyside.\"In addition, the Company announces it has granted stock options to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 5,000,000 common shares in the capital of the Company, pursuant to the Company's stock option plan. The stock options are each convertible into a common share at an exercise price of $0.15 until August 19, 2027. With respect to vesting provisions, a total of 1/3 of the stock options vest on August 19, 2024 (the \"Grant Date\"), 1/3 on the date that is six mont...