Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Financings

Barksdale Announces Repricing of Crescat Private Placement

BRO · Price

Executive Summary

  • Barksdale Resources Corp. is repricing its private placement with Crescat Capital LLC to $0.09 per unit, targeting gross proceeds of approximately C$763,024.
  • Each unit consists of one common share and half of a common‑share purchase warrant (exercise price $0.15, two‑year term).
  • Proceeds will be used for ongoing corporate expenses; the transaction is exempt from MI 61‑101 minority‑shareholder approval requirements.

Key Details

  • Units Offered: 8,478,049 common share units.
  • Pricing: $0.09 per unit (C$0.09).
  • Gross Proceeds: C$763,024.41.
  • Unit Composition: 1 common share + ½ warrant per unit.
  • Warrant Terms: Right to purchase one common share at $0.15 exercise price; exercisable for two years from issuance.
  • Finder’s Fee: None payable in connection with the private placement.
  • Use of Proceeds: Funding ongoing corporate expenses.
  • Related Party Transaction: Crescat’s participation qualifies as a related‑party transaction but is exempt from formal valuation and minority‑shareholder approval because neither the securities’ fair market value nor consideration exceeds 25 % of Barksdale’s market capitalization.
  • Supersession: This release supersedes prior private placement announcements dated March 10, 2026 and February 11, 2026.

Notable Quotes

(No CEO/President quotes were included in the release.)

Read the original news release →

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