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Barksdale Finalizes Option Agreement for San Javier
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN ...
About this update from Barksdale Resources Corp.
[{"type":"text","content":"Barksdale Finalizes Option Agreement for San JavierTHIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / September 24, 2020 / Barksdale Resources Corp. (\"Barksdale\" or the \"Company\") (TSXV:BRO)(OTCQB:BRKCF) announces it has signed a definitive option agreement (\"Definitive Agreement\") with Tusk Exploration Ltd that formalizes the terms agreed to in the binding letter agreement dated August 5, 2020, to acquire the San Javier del Cobre project in Sonora, Mexico (\"Transaction\") as previously announced on August 6 and September 16, 2020.With the execution of the Definitive Agreement, the Company anticipates closing the private placement financing announced on August 6 and upsized on September 1 (\"Offering\"), as well as the Transaction, on or about September 29, 2020. The Offering and Transaction remain subject to customary closing conditions and acceptance of the TSX Venture Exchange.Barksdale Resources Corp. is a base metal exploration company headquartered in Vancouver, BC, that is focused on the acquisition, exploration and advancement of highly prospective base metal projects in North America.ON BEHALF OF BARKSDALE RESOURCES CORPRick TrotmanPresident, CEO and [email protected] Anne WelykiVice President of [email protected] more information please phone 778-558-7145, email [email protected] or visit www.BarksdaleResources.com.Neither 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 INFORMATION: This news release includes \"forward-looking information\" under applicable Canadian securities legislation including, but not limited to, the anticipated closing date for the Offering and San Javier Transaction. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially...