Badlands Announces $2,200,000 Non-Brokered Private Placement

Executive Summary

• Badlands Resources Inc. announces a non‑brokered private placement of up to 14,666,667 units at $0.15 per unit, targeting gross proceeds of up to $2.2 million.
• Each unit consists of one common share and one transferable warrant exercisable at $0.25 per share for two years.
• Net proceeds are earmarked to extinguish debt, fund exploration work, pursue new property acquisitions, and provide general working capital.

Key Details

• Units Offered: Up to 14,666,667 units
• Issue Price: $0.15 per unit
• Total Gross Proceeds Target: Up to $2,200,000
• Unit Composition: 1 common share + 1 transferable warrant (exercise price $0.25, two‑year term)
• Hold Period: Securities subject to a hold period of four months and one day from issuance
• Use of Proceeds:
• Debt repayment
• Exploration activities on existing properties
• Acquisition of new properties
• General working capital
• Closing: Anticipated in one or more tranches as soon as practicable, subject to TSXV approval and other regulatory consents.
• Finder’s Fees: May be payable per TSX Venture Exchange policies.
• Previous Placement: This offering supersedes the private placement announced on October 1, 2025 (no longer being pursued).

Notable Quotes

• “The Company intends to use the net proceeds of the Placement to extinguish debt, for exploration work on the Company's exploration properties, for new property acquisitions and for general working capital.” – R. Dale Ginn, President and CEO

(All boilerplate, forward‑looking disclaimer text, and unrelated contact information have been omitted.)