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Barksdale Provides Debt Update VANCOUVER, BC / ACCESSWIRE / July 30, 2021 / Barksdale Resources Corp. ( Barksdale or the Company ) (TSXV:BRO)(OTCQX:BRKCF) would like to provide the following update. The TSX Venture Exchange is still reviewing the filing documentation pertaining to an assignment of debt and security agreement (the Agreement ) dated May 11, 2021 between the Company, Denman Island Chocolate Ltd. (Daniel Terry) (the Assignor ) and Regal Resources Inc. ( Regal ), whereby the Company can acquire 100% of the Assignor s interest in a series of loan agreements between the Assignor and Regal (collectively, the Assigned Agreements ). Under the terms of the Agreement, the Company will pay $1.0 million in cash (paid) and issue 1,345,310 shares in order to complete the assignment of the Assigned Agreements. Upon completion of the assignment of the Assigned Agreements, the Company will hold a $1,725,000 secured demand loan (plus any additional interest accrued since the

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