Welcome to our dedicated page for Barksdale Resources news (Ticker: BRKCF), a resource for investors and traders seeking the latest updates and insights on Barksdale Resources stock.
Barksdale Resources Corp. reports exploration and corporate financing developments for its critical, base and precious metals portfolio across the Americas. Company announcements center on the flagship Sunnyside Project in Arizona, including reverse-circulation drilling, assay results, copper-zinc-silver mineralization, historical target areas, geophysical targets, permitting under a U.S. Forest Service plan of operation, and qualified-person review under National Instrument 43-101.
News also covers Barksdale's capital structure and funding activity, including private placements of common share units and warrants, secured convertible debenture amendments, shares-for-debt settlements, warrant extensions, related-party transaction disclosures, and TSX Venture Exchange matters tied to its exploration financing.
Barksdale (OTCQB: BRKCF) announced a $5,000,000 private placement of up to ~55,555,555 units at $0.09 per Unit, each Unit including one share and one-half warrant. Each warrant is exercisable at $0.15 for two years. Proceeds will fund the 25,000-foot Phase II drill program at the Sunnyside project (Arizona), the Phase II earn-in payment to Great Basin Metals, corporate costs, and geochemical/geophysical work. The company engaged finders payable a 6% commission in units plus warrants. The board appointed geologist Christina McCarthy as an independent director. Phase II drilling is scheduled to start in February and run two to three months.
Barksdale Resources (OTCQB: BRKCF; TSXV: BRO) intends to issue 3,904,110 common shares to certain creditors to settle $351,369 CAD of accrued interest on debentures held by Delbrook Resource Opportunities Fund and Delbrook Resource Opportunities Master Fund LP.
The shares are to be issued at a deemed price of $0.09 per share, will be subject to a statutory four-month hold period, and the transaction is subject to acceptance by the TSX Venture Exchange.
Barksdale Resources (OTCQB: BRKCF) completed TSX.V-approved amendments to convertible debentures and warrants held by Delbrook Capital Funds, extending maturities and lowering conversion/exercise prices.
Key changes: the $1,500,000 debentures conversion price reduced from $0.12 to $0.10 and maturity extended to Dec 31, 2028; associated 8,000,000 warrants exercise price reduced to $0.10 and expiry extended to Dec 31, 2028. The $3,000,000 debentures maturity was extended to Dec 31, 2028 and 7,500,000 associated warrants’ expiry extended to Dec 31, 2028. All debentures bear 10% annual interest and remain subject to a holder put right. The company issued 7,000,000 new warrants at $0.09 expiring Dec 31, 2028.
Barksdale Resources (OTCQB: BRKCF) announced proposed amendments to debentures and warrants held by Delbrook Capital, subject to TSXV acceptance. Key changes: (i) extend maturity dates of CDN$1,500,000 and CDN$3,000,000 secured convertible debentures from Dec 31, 2027 to Dec 31, 2028, (ii) reduce the $1,500,000 debenture conversion price and related 8,000,000 warrants from $0.12 to $0.10, (iii) extend expiry of related 7,500,000 warrants to Dec 31, 2028, and (iv) issue 7,000,000 new detachable warrants at $0.09 exercise price to Delbrook. Interest on both debenture tranches remains 10% per annum. All securities will be subject to a four-month plus one day hold period and TSXV approval.
Barksdale Resources (OTCQB: BRKCF, TSXV: BRO) announced that its new Omnibus Share Incentive Plan was approved by the TSX Venture Exchange on January 7, 2026. The plan, adopted by the board on November 5, 2025 and approved by shareholders on December 18, 2025, replaces the company's previous option plan and authorizes a broader range of equity awards including stock options, share units, and deferred share units. Aggregate issuance under all security-based compensation arrangements remains capped at 10% of issued and outstanding common shares on a non-diluted basis at each grant date, with a separate 2,000,000-share cap for settlement of share units and deferred share units.
Barksdale Resources (OTCQB: BRKCF) announced on December 31, 2025 that independent director Jeffrey O'Neill resigned from the Board of Directors for personal reasons after nine years of service. He is based in Vancouver and will continue with the company as a strategic advisor. The Board chair thanked Mr. O'Neill for his contributions and wished him well.
Barksdale Resources (OTCQB: BRKCF) released Spring 2025 assay follow-ups and updated its Phase II drill plan for the Sunnyside joint venture. The company says additional assays expanded mineralized intervals and returned notable copper intercepts, including a 16.7m interval at ~0.15% Cu and a 4.6m interval at 0.78% Cu in SUN25-003.
Phase II (previously called Fall) is being moved to calendar Q1 2026 due to drill contractor availability. The earn-in requires a 7,260 metre drill program plus a stock issuance and cash payment to increase ownership to 67.5%. APEX-collected samples will be assayed and an updated NI 43-101 is being prepared.
Barksdale Resources (OTCQB: BRKCF) has achieved a significant milestone by completing Phase I earn-in requirements for the Sunnyside project in Arizona. The company has secured 51% permanent ownership through a C$1 million cash payment and issuance of 5 million shares to Regal Resources.
The company is now pursuing Phase II earn-in requirements to increase ownership to 67.5%, which involves completing 7,260 metres of drilling, a payment of C$550,000, and issuing 4.9 million shares. Barksdale has designed a comprehensive drill program to test copper, silver, and base metal targets previously identified by ASARCO between 1970-1992.
Barksdale Resources (OTCQB: BRKCF) has announced plans to increase its ownership in the Sunnyside project from 51% to 67.5%. The company has completed required expenditures and drilling for its initial 51% stake, pending confirmation from Regal Resources to release $1.0 million cash and 5.0 million shares held in escrow.
The company plans an additional 7,620 metres fall drilling program to achieve 67.5% ownership. Preliminary Spring drilling results confirmed copper mineralization up to 0.78% Cu over 4.6 metres. The Sunnyside project contains extensions of South32's Taylor and Peake deposits, along with a copper porphyry deposit and near-surface chalcocite target.
Additionally, Barksdale announced its transition from OTCQX to OTCQB market due to not meeting minimum bid requirements.