BULLETIN V2026-0266
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 May 2, 2025 (the "Original Convertible Debentures), the Exchange has accepted for an amendment of the Convertible Debenture (the "New Amended Convertible Debenture"). The Company is not receiving any new additional funds.
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.
Detachable Warrants
Original Exercise Terms: 7,500,000 detachable warrants with an exercise price of $0.12 per Listed Share until December 31, 2027.
Detachable Warrants
New Exercise Terms: 7,500,000 detachable warrants with an exercise price of $0.12 per Listed Share until December 31, 2028,
The amount of aggregate principal outstanding is $3,000,000, convertible into shares at $0.12 per listed share of the principal outstanding. All other details of the New Amended Convertible Debentures remain unchanged from the Convertible Debenture.
For further information, please refer to the Company's press release dated January 7, 2026 and January 20, 2026.
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