BARKSDALE CLOSES FINANCING

Vancouver, British Columbia–(Newsfile Corp. – September 22, 2022) – Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (“Barksdale” or the “Company“) is pleased to announce that it has closed the non-brokered private placement financing announced September 6, 2022 (“Offering“). Due to excess demand, the Company increased the size of the Offering from the $2,000,000 originally announced and issued a total of 4,622,917 units (the “Units“) at a price of $0.48 per Unit for gross proceeds of $2,219,000. Each Unit consisted of one common share and one-half (1/2) of one transferable share purchase warrant, each whole warrant entitling the holder thereof to purchase one common share at $0.72 for a period of three years.

Leave a Reply