Barksdale Resources Reports Exemption from MI 61-101 in Private Placement
Barksdale Resources Corp. announces that further to its news releases dated December 20, 2023 and January 4, 2024 with respect to its offering of up to a maximum of 12,500,000 common share units in the capital of the Company (the “Units”) to raise maximum proceeds of up to $5,000,000, it reports that Crescat Portfolio Management LLC, a 10% insider of the Company and certain directors and officers of the Company shall be participating in the Offering for an aggregate total of 1,325,000 Units, which participation constitutes a “related party transaction” for the purposes of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions.