Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Financings

Barksdale arranges $953,780 private placement

BRO · Price

Executive Summary

  • Barksdale Resources Corp. is raising approximately $954 k through a private placement of 8,478,049 common share units at $0.1125 per unit.
  • Each unit includes one common share and half of a purchase warrant (exercise price $0.15, two‑year term).
  • The company will make a cash equalization payment of $0.0225 per unit ($190,756.10) to the strategic investor Crescat Capital LLC.

Key Details

  • Total gross proceeds: $953,780.51 (≈ $954 k).
  • Units offered: 8,478,049 common share units.
  • Price per unit: $0.1125.
  • Unit composition: 1 common share + ½ warrant.
  • Warrant terms: Right to purchase one additional common share at $0.15 per share; exercisable for two years after closing.
  • Cash equalization payment to Crescat: $0.0225 per unit, totaling $190,756.10.
  • Use of proceeds: To finance continuing corporate expenses.
  • Investor participation: Crescat Capital LLC was entitled to the nine‑cent offering but the offering was fully subscribed; no allocation remained for Crescat.

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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