Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Barksdale Announces All Existing Convertible Debentures Held by Delbrook Capital Advisors Extended to December 31, 2028

By The Northwire Desk — AI Analysis Jan 07, 2026 · 22:13 BRO · 0.09 Barksdale Resources Corp.
BRO · Price

Executive Summary

  • Barksdale Resources Corp. is seeking TSX Venture Exchange approval to amend its existing convertible debentures and associated warrants with Delbrook Capital Advisors.
  • The amendments extend maturity dates to December 31 2028, lower conversion/exercise prices to $0.10 (and $0.09 for new warrants), and add 7 million new detachable common share purchase warrants.
  • Existing interest rates remain at 10% per annum; holder put rights and other material terms are unchanged aside from the extensions.

Key Details

  • Existing Debentures:
  • $1,500,000 secured convertible debenture – maturity extended to 31 Dec 2028; conversion price reduced from $0.12 to $0.10 per share.
  • $3,000,000 secured convertible debenture – maturity extended to 31 Dec 2028; conversion price unchanged at $0.12 (subject to amendment).
  • Associated Warrants:
  • 8,000,000 detachable common share purchase warrants (linked to the $1.5M debentures) – expiry extended to 31 Dec 2028; exercise price reduced to $0.10 per share.
  • 7,500,000 detachable common share purchase warrants (linked to the $3M debentures) – expiry extended to 31 Dec 2028; exercise price reduced to $0.10 per share.
  • New Warrants Issuance:
  • 7,000,000 new detachable common share purchase warrants to be issued to Delbrook as consideration for the amendments.
  • Each new warrant allows acquisition of one share at $0.09 per share, exercisable until 31 Dec 2028.
  • Interest Rate & Put Rights:
  • Both debentures bear interest at 10% per annum.
  • Holder put right remains: Delbrook may require repurchase of all or part of the principal after 31 Dec 2027 with ≥20 days’ notice, triggering accelerated expiry of proportional warrants.
  • Regulatory Conditions:
  • Amendments and new securities are subject to TSXV acceptance and will be subject to a four‑month plus one day hold period under Canadian securities legislation.
  • Company Overview (retained for context): Barksdale focuses on base‑metal projects in Arizona (Sunnyside, San Antonio) and Sonora, Mexico (San Javier).

Notable Quotes

  • “On behalf of Barksdale Resources Corp., William Wulftange, Chief Executive Officer and Director.” (Signature line)
Read the original news release →

More from Barksdale Resources Corp.

Nov 03, 2026 · 07:01

Barksdale’s May copper hits are re-served as the fall program begins, with rigs turning but no new assays released.

Drill Results Oct 29, 2026 · 07:02

Barksdale closes a final tranche of C$15.7 million financing to fund its 16,000-metre drill program at the Sunnyside project.

Financings Oct 28, 2026 · 07:02

Barksdale’s San Javier PEA update outlines gold economics and secures funding for 2027 drilling at the project.

Technical Study Oct 08, 2026 · 19:08

Barksdale clears debt and raises $13.2 million to fund a 16,000-metre drilling program at its Arizona copper project.

Financings Sep 22, 2026 · 07:01

Barksdale secured C$14 million in financing led by Ogilvie, appointed a new CEO and eliminated debt to reshape the company.

Financings Sep 21, 2026 · 18:57

Barksdale’s Sunnyside step-outs returned 0.19-0.20% copper across extended widths without higher grades.

Drill Results