Barksdale Resources Corp. (TSXV: BRO) announced it is repricing its private placement with strategic investor Crescat Capital LLC to $0.09 per unit due to recent market price changes.

The private placement consists of 8,478,049 common share units for gross proceeds of $763,024.41. Each unit comprises one common share and one-half of one common share purchase warrant. The warrants entitle holders to purchase one common share at $0.15 for two years from issuance. No finder's fee is payable.

The company stated proceeds will fund ongoing corporate expenses. This announcement supersedes previous private placement releases from March 10, 2026, and February 11, 2026.

Crescat's participation constitutes a related party transaction under Multilateral Instrument 61-101. The transaction is exempt from formal valuation and minority shareholder approval requirements as neither the fair market value nor consideration exceeds 25% of Barksdale's market capitalization.

Crescat Capital is a value-driven asset management firm focused on global macro strategies and metals investments. The firm's activist metals strategy aims to help exploration-focused mining companies develop economic metal deposits in viable mining jurisdictions.

Barksdale focuses on acquiring and exploring critical, base, and precious metal projects across the Americas, particularly copper, zinc, and other critical minerals for the energy transition.