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Barksdale Resources Corp : Barksdale Terminates Sunnyside Transaction
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Barksdale Terminates Sunnyside Transaction
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Barksdale to Acquire 100% Ownership of the Sunnyside Project
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Barksdale Resources Corp.: Barksdale to Acquire 100% Ownership of the Sunnyside Project
Barksdale or the
Company ) (TSXV:BRO)(OTCQX:BRKCF) is pleased to announce it has entered into a definitive agreement with Regal Resources Inc., (
Regal ) whereby Barksdale will consolidate a 100% interest in the Sunnyside project, located in Santa Cruz County, Arizona, USA (the
Transaction ).
Highlights
Barksdale to acquire the balance of the highly prospective Sunnyside copper-zinc-lead-silver project in Arizona, providing it with full control of the project moving forward.
The Transaction is immediately accretive to Barksdale shareholders and eliminates all future Barksdale work commitments contained in the 2017 option agreement between Barksdale and Regal.