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Barksdale Resources Announces Approval of Omnibus Incentive Plan
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Barksdale Resources Corp. (TS...
About this update from Barksdale Resources Corp.
[{"type":"text","content":"Barksdale Resources Announces Approval of Omnibus Incentive PlanVancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) (\"Barksdale\" or the \"Company\") announces that its new omnibus share incentive plan (the \"Share Incentive Plan\") has been approved by the TSX Venture Exchange (the \"TSXV\"). The Share Incentive Plan was previously adopted by the board of directors of the Company on November 5, 2025, and approved by the shareholders of the Company at the annual general meeting of shareholders held December 18, 2025. The Share Incentive Plan was adopted in accordance with Policy 4.4 – Security Based Compensation of the TSXV, which requires all listed issuers to maintain a security-based compensation plan governing the granting of stock options. Barksdale's previous stock option plan, originally adopted on December 13, 2017, and last amended and restated on October 24, 2022 (the \"Previous Plan\"), was a \"rolling\" plan that reserved for issuance a maximum of 10% of the Company's issued and outstanding common shares from time to time.The Share Incentive Plan authorizes the Company to grant a broader range of equity-based awards, including (i) stock options, (ii) share units, and (iii) deferred share units (collectively, the \"Awards\"). Under the Share Incentive Plan, the maximum number of common shares of the Company (\"Common Shares\") reserved for issuance, in the aggregate, pursuant to the exercise or settlement of Awards granted under all of the Company's security-based compensation arrangements, will not exceed 10% of the number of Common Shares issued and outstanding on a non-diluted basis as at the date of grant or issuance of any security based compensation under any of such security based compensation plan. The Share Incentive Plan also provides that the maximum number of Common Shares reserved for issuance, in the aggregate, pursuant to the settlement of share units and deferred share units granted under the Share Incentive Plan will be 2,000,000 Common Shares.The Share Incentive Plan replaces the Previous Plan in its entirety. A copy of the Share Incentive Plan has been filed under the profile of the Company on SEDAR+ at www.sedarplus.ca.About Barksdale Resources Corp.At Barksdale, our mission is to drive long-term shareholder ...