Mr. William Wulftange reports

BARKSDALE ANNOUNCES REPRICING OF CRESCAT PRIVATE PLACEMENT

Barksdale Resources Corp., due to recent market price changes, is repricing its private placement with Crescat Capital LLC, a strategic investor in Barksdale, consisting of 8,478,049 common share units in the capital of the company, whereby the units shall be priced at nine cents per unit for gross proceeds of $763,024.41.

Each unit shall comprise one common share of the company and one-half of one common share purchase warrant. Each warrant shall entitle the holder thereof to purchase one common share of the company at an exercise price of 15 cents for a period of two years from the date of issuance. No finder's fee is payable in connection with the private placement.

Use of proceeds includes financing for continuing corporate expenses.

This news release supersedes the company's private placement news releases of March 10, 2026, and Feb. 11, 2026.

Crescat's participation in the offering will constitute a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities to be acquired by Crescat, nor the consideration for the securities to be paid by Crescat, will exceed 25 per cent of the company's market capitalization.

About Crescat Capital LLC

Crescat is a value-driven asset management firm with a global macro thematic overlay. The goal of its activist metals strategy is to help exploration-focused mining companies create new economic metal deposits in viable mining jurisdictions around the world. The firm's investment process involves a mix of asset classes and strategies to assist with each client's unique needs and objectives, and includes global macro, long/short and precious metals funds.

About Barksdale Resources Corp.

Barksdale's mission is to drive long-term shareholder value through the strategic acquisition, exploration and advancement of high-quality critical, base and precious metal projects across the Americas.

The company is focused on the metals essential to the global energy transition and modern infrastructure, particularly copper, zinc and other critical minerals, at a time when secure, domestic and regional sources are more important than ever.

With a sharp focus on critical metals and a commitment to responsible growth, Barksdale is positioned to play a key role in meeting tomorrow's resource needs.

We seek Safe Harbor.