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 Corp. (OTCQB:BRKCF) has expanded its non-brokered private placement financing, now totaling 16,644,736 units at $0.38 per unit, aiming for gross proceeds of $6.3 million. Teck Resources Limited intends to purchase 1,381,579 units for $525,000. The closing is expected around September 9, 2020, pending the completion of the San Javier transaction. Certain insiders will also participate, classified as a related party transaction but exempt from formal valuation due to their share being under 25% of market cap. The company focuses on base metal exploration in North America.