Vancouver, British Columbia–(Newsfile Corp. – July 26, 2024) – Barksdale Resources Corp. (TSXV: BRO) (“Barksdale” or the “Company”) is pleased to announce the closing of the second and final tranche (“Final Tranche”) of its previously announced non-brokered private placement offering (“Offering”) of units of the Company (“Units”) with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche (“First Tranche”) of the non-brokered private placement offering comprising 27,325,317 Units for gross proceeds of $4,098,798 closed on June 27, 2024 (see news release dated June 27, 2024). The Units sold in respect of the First Tranche and Final Tranche, together, total 42,000,000 for gross proceeds of $6,300,000.
Each Unit consists of one common share of Barksdale (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), whereby each Warrant entitles…