Barksdale and GES Terminate MOU

Barksdale Capital Corp.

Suite 900, 555 Burrard Street Vancouver, BC, V7X 1M8 Tel/Fax: 1-866-894-3755 For Immediate Release May 5, 2016

Barksdale and GES Terminate MOU

Barksdale Capital Corp. (the “Company” or “Barksdale Capital”) TSXV: BRO.H announces that it has terminated the memorandum of understanding to acquire GES Electric Aero Corporation as previously announced on February 29, 2016. The Company will continue to seek new business opportunities as they present themselves.

ON BEHALF OF BARKSDALE CAPITAL CORP.

“Ross Wilmot”

President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed “forward-looking statements”. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward looking statements.