Mr. William Wulftange reports

BARKSDALE ANNOUNCES CEO TRANSITION

Rick Trotman, effective Feb. 5, 2025, has resigned from his position as president and chief executive officer of Barksdale Resources Corp. William Wulftange, who currently serves as a member of the company's board of directors, has been appointed CEO of the company and will assume, on an interim basis, all related duties. Mr. Wulftange has served the company in his role as director since 2020 and will focus on completing the earn-in for Barksdale's flagship asset, the Sunnyside project, in the coming months.

Mr. Wulftange is a seasoned exploration geologist with a record of success in discovering and developing world-class mines, including the Paradise Peak mine in Nevada, the El Penon mine in Chile and the Cerro Negro mine in Argentina. Serving as senior vice-president of global exploration for Yamana Gold, his key responsibilities included reserve replacement and resource growth at all operating and exploration assets until his retirement in 2018. During his 40-year career, he evaluated numerous acquisition opportunities in North America and South America, making several successful recommendations. Mr. Wulftange served as president of the Society of Economic Geologists Foundation and continues to volunteer his time to the SEGF.

Darren Blasutti, chairman of the board, commented: "We extend our sincere gratitude to Rick for his years leading the company's management team and focus on advancing the Sunnyside project. The board looks forward to supporting William in his dual capacity moving forward while a search is undertaken for a suitable candidate to fill the CEO role in the upcoming months."

In his new dual role, Mr. Wulftange stated: "I am fully prepared to take on the responsibility of interim CEO and lead the company through our earn-in phase. This pivotal stage is essential for securing value for our investors and positioning Barksdale for sustained growth in the future."

We seek Safe Harbor.