26/01/22 - TSX Venture Exchange Bulletins
TSX VENTURE COMPANIES
BULLETIN V2026-0265
BARKSDALE RESOURCES CORP. ("BRO")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures, Amendment
BULLETIN DATE: January 22, 2026
TSX Venture Tier 2 Company
Further to convertible debentures issued pursuant to a private placement originally accepted by the TSX Venture Exchange (the "Exchange") on February 4, 2022 (the "Original Convertible Debentures"), amendments accepted by the Exchange on October 19, 2022, and February 13, 2024, (collectively, the "Previously Amended Convertible Debentures"), a replacement accepted by the Exchange on February 18, 2025, and April 30, 2025 of the Previously Amended Convertible Debentures (the "Replacement Convertible Debentures"), the Exchange has accepted for an amendment of the Replacement Convertible Debentures (the "New Amended Convertible Debentures"). The Company is not receiving any new additional funds.
Replacement Convertible
Debentures Maturity Date and
Conversion Price Expiry: December 31, 2027, subject to an accelerated expiry if the lender requires repayment of the convertible debenture.
New Amended Convertible
Debentures Maturity Date and
Conversion Price Expiry: December 31, 2028, subject to an accelerated expiry if the lender requires repayment of the convertible debenture.
Convertible Debentures
Conversion Price: Convertible into shares at $0.12 per Listed Share of the principal outstanding.
Replacement Convertible
Debentures Conversion Price: Convertible into shares at $0.10 per Listed Share of the principal outstanding
Detachable Warrants
Original Exercise Terms: 8,000,000 detachable warrants with an exercise price of $0.12 per Listed Share until December 31, 2027.
Detachable Warrants
New Exercise Terms: 8,000,000 detachable warrants with an exercise price of $0.10 per Listed Share until December 31, 2028,
Amount of New
Detachable Warrants: 7,000,000 detachable warrants, with each full warrant entitling the holder to acquire one Listed Share.
New Detachable Warrants
Exercise Terms: $0.09 per Listed Share until December 31, 2028.
The amount of aggregate principal outstanding is $1,500,000. All other details of the New Amended Convertible Debentures remain unchanged from the Replacement Convertible Debentures, the Previously Amended Convertible Debentures and/or the Original Convertible Debentures.
For further information, please refer to the Company's press release dated January 7, 2026 and January 20, 2026.
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