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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (35494)	10/12/2017 2:05:36 PM
From: Goose94	Read Replies (2) \| Respond to of 202922

Barksdale Capital (BRO-V) Geologist Peter Megaw Believes This Property Hosts the Source of Arizona Mining (AZ-T) Taylor Deposit streetwisereports.com Barksdale Capital Oct 5th 2017 has increased the size of its private placement financing as originally announced on Aug. 15, 2017. The financing will now consist of 13.53 million common shares at a price of 40 cents per share for gross proceeds of $5,412,000. Certain directors, officers and insiders of the company have agreed to participate in the financing for an aggregate of 1,225,000 shares for gross proceeds of $490,000. The net proceeds of the financing will be used to finance, inter alia: (i) the initial cash payment of $650,000 payable to Regal Resources Inc. upon exchange acceptance of the company's option to acquire up to a 67.5-per-cent undivided interest in the 286 unpatented mining lode claims (approximately 5,223.71 acres) comprising the Patagonia/Sunnyside property located in Santa Cruz county, Arizona, as announced on Aug. 15, 2017; (ii) initial exploration programs on the Sunnyside property and the company's previously acquired Swales project in Elko, Nev. (see news release dated Dec. 16, 2016); and (iii) general corporate and working capital purposes. Finders' fees totalling $129,000 cash and 322,500 finders' warrants will be payable in connection with the financing, each finder's warrant entitling the holder to purchase one common share of the company at a price of 40 cents for a period of two years after closing. Closing of the financing is expected to take place on or about Oct. 5, 2017. The portion of the financing with insiders constitutes a related-party transaction for the purposes of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions), and the company has relied upon exemptions from the requirement to obtain a formal valuation and seek minority shareholder approval for the financing on the basis that the fair market value of the financing with the insiders is less than 25 per cent of the company's current market capitalization. All common shares to be issued in connection with the financing will be subject to a four-month hold period. About Barksdale Capital Corp. Barksdale Capital is focused on the acquisition and exploration of highly prospective precious and base metal projects in the United States. On behalf of the Board of Directors of Barksdale Capital Corp., “Richard Silas” Richard Silas, President and Director FOR FURTHER INFORMATION PLEASE CONTACT: Richard Silas President Tel: 778-588-7139 Email: richard@goldstandardv.com