Welcome to our dedicated page for BARKSDALE RES news (Ticker: BRKCF), a resource for investors and traders seeking the latest updates and insights on BARKSDALE RES 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 Resources (TSXV: BRO; OTCQB: BRKCF; FSE: 2NZ) announced a private placement with Crescat Capital to raise $953,780.51 CAD by issuing 8,478,049 Units at $0.1125 per Unit. Each Unit includes one common share and one-half warrant; each whole warrant exercisable at $0.15 for two years.
Use of proceeds is earmarked for ongoing corporate expenses. The company will pay Crescat a cash equalization of $0.0225 per Unit, totaling $190,756.10. Crescat was offered participation at $0.09 but no allocation was available.
Barksdale Resources (OTCQB: BRKCF) has started its Phase II earn-in drill program at the Sunnyside property in Arizona using Alford Drilling. The program targets chalcocite, copper-gold and polymetallic anomalies and NSAMT geophysical targets, is expected to take 3–4 months, with assays taking up to 2 months.
The Phase II earn-in requires 25,000 ft drilled, $6,000,000 spend, $550,000 cash and issuance of 4,900,000 shares to move from 51% to 67.5% ownership; Phase II spend was previously met by Phase I.
Barksdale Resources (OTCQB: BRKCF) clarifies amendments to warrants held by Delbrook Capital Funds dated February 20, 2026. The company extended the expiry of 3,500,000 outstanding warrants from December 31, 2027 to December 31, 2028; 4,000,000 warrants were exercised in October 2025.
All other terms of the convertible debentures and warrants remain unchanged. The transaction is a related party matter under MI 61-101; the company relied on exemptions because the securities' fair market value does not exceed 25% of market capitalization.
Barksdale (OTCQB: BRKCF; TSXV: BRO) announced a private placement to raise $930,000 from strategic investor Crescat Capital. The offering comprises 8,478,049 Units at $0.11 per Unit; each Unit includes one common share and half a Warrant (one whole Warrant per two Units).
Each Warrant allows purchase of one share at $0.15 for two years. Net proceeds are designated to fund drilling at the Sunnyside project. The company will pay Crescat a cash equalization of $0.02 per Unit, totalling $169,561.
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.
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.