Barksdale Completes Second Option Payment ON Four Metals
BRO:TSXV BRKCF:OTCQB
BARKSDALE COMPLETES SECOND OPTION PAYMENT ON FOUR METALS
April 2 3, 2020 - Vancouver, B.C. – Barksdale Resources Corp. (“Barksdale” or the “Company”)
(TSXV: BRO) (OTCQB: BRKCF) is pleased to announce that it has made a n aggregate US$25,000 cash
payment and issued 136,986 common shares to Minquest Ltd and Allegiant Gold Corp at a deemed price
of C$0.2577 per share. This payment confirms Barksdale’s intention to continue with its existing option
agreement on the 760-acre Four Metals project, located 3km south of the Company’s flagship Sunnyside
project and 2km west of the 100% owned San Antonio project . The issued shares are subject to a four
month hold period expiring August 22, 2020.
The Company also announces that it has cancelled 700,000 stock options that were previously granted to
an officer and director of the Company.
About Barksdale Resources Corp
Barksdale Resources is a base metal exploration company headquartered in Vancouver, BC, that is
focused on the acquisition and exploration of highly prospective base metal projects in the United States.
Barksdale’s portfolio of assets is located within a world- class base metal district in southern Arizona and
is surrounded by some of the world’s largest mining companies.
ON BEHALF OF BARKSDALE RESOURCES CORP.
Rick Trotman
President and Chief Executive Officer
720-447-7705
Terri Anne Welyki
Vice President of Communications
778-238-2333
For more information please phone 778-238-2333, email [email protected] or visit
www.BarksdaleResources.com.
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 news
release.
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news release
includes certain “forward- looking information” under applicable Canadian securities legislation
including, but not limited to, the Company’s continuation of the option agreement on the Four Metals
project and the Company’s plans for Four Metals. In addition, the proximity of the Company’s properties
BRO:TSXV BRKCF:OTCQB
(Four Metals , Sunnyside and San Antonio) to South32’s Taylor -Hermosa deposit is not necessarily
indicative of the mineralization within the Company’s properties . Forward-looking information is
necessarily based upon a number of estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other factors which may cause the actual results
and future events to differ mater ially from those expressed or implied by such forward -looking
information. Accordingly, readers should not place undue reliance on forward-looking information. The
Company disclaims any intention or obligation to update or revise any forward- looking info rmation,
whether as a result of new information, future events or otherwise, except as required by law.