Barksdale Announces Stock Option Grants

Rhea-AI Summary

Barksdale Resources (OTCQB: BRKCF) granted stock options to directors, officers, employees and consultants to acquire an aggregate of 4,850,000 common shares at an exercise price of $0.12 per share. The options are exercisable until January 22, 2029 under the company's stock option plan. Management highlighted the grants as recognition for work that contributed to securing a 51% ownership interest in the Sunnyside Property.

The grants are intended as employee and director incentives and represent a potential future increase in outstanding common shares if exercised.

Positive

• Stock options cover 4,850,000 shares, aligning incentives with shareholders
• Exercise price set at $0.12 through Jan 22, 2029, providing multi-year retention

Negative

• Potential dilution from up to 4,850,000 shares if all options are exercised
• Exercise price below potential market improvements could increase dilution risk

NOTE: All figures are in Canadian Dollars unless otherwise stated

Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) ("Barksdale" or the "Company") is pleased to announce it has granted stock options to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 4,850,000 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 $0.12 until January 22, 2029.

William Wulftange, President and CEO states, "I am truly proud and thankful for all the hard work, long hours and dedication our employees, management and board have put in over the past year. Their commitment to Barksdale, the work done to secure 51% ownership of the Sunnyside Property, was unparallelled. The option grants are all well-deserved and demonstrate our appreciation for a job well done."

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.

On Behalf of Barksdale Resources Corp.

William Wulftange
Chief Executive Officer and Director
info@barksdaleresources.com

Ira M. Gostin Investor Relations
604-398-5385 x3
ir@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 Statements

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the foregoing financing and amendments are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Barksdale, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the Company has made assumptions and estimates based on or related to many of these factors. All forward-looking statements contained in this news release are qualified by these cautionary statements and those in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. Readers should not place undue reliance on the forward-looking statements contained in this news release concerning these items. Barksdale does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281345

FAQ

How many stock options did Barksdale (BRKCF) grant on January 23, 2026?

Barksdale granted options to acquire an aggregate of 4,850,000 common shares.

What is the exercise price and expiry date of the Barksdale (BRKCF) option grants?

Each option is exercisable at $0.12 per share and expires on January 22, 2029.

Who received the stock option grants from Barksdale (BRKCF)?

Options were granted to certain directors, officers, employees and consultants.

What is the investor impact of Barksdale's (BRKCF) 4,850,000 option grants?

If exercised, the grants could increase outstanding shares by 4,850,000, creating potential dilution for existing shareholders.

Why did Barksdale (BRKCF) issue the stock options on January 23, 2026?

Management described the grants as recognition for employee and board contributions, including work to secure 51% ownership of the Sunnyside Property.