Barksdale Resources Raises C$ 15.68 Million in Private Placement

• Barksdale Resources closed its non-brokered private placement, raising aggregate gross proceeds of CAD 15.68 million from 87,125,616 units.
• The final tranche comprised 13,908,839 units at CAD 0.18 each, generating CAD 2.5 million in gross proceeds.
• Crescat exercised its participation right in full, purchasing 9,347,839 units in the final tranche.
• Each unit includes one common share and half a warrant; final-tranche warrants are exercisable at CAD 0.30 until October 28, 2028.
• Net proceeds will fund 16,000 metres of drilling at the 67.5%-owned Sunnyside project, an airborne survey and general working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barksdale Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610290700NEWSFILECNPR____20261029_321518_1) on October 29, 2026, and is solely responsible for the information contained therein.