Barksdale Resources Corp. is pleased to announce a second increase to its previously announced non-brokered private placement offering of units of the Company at a price of $0.15 per Unit . Each Unit consists of one common share of Barksdale and one Common Share purchase warrant , whereby each Warrant entitles the holder to acquire one Common Share at a price of $0.23 for a period of three years from the date of issuance. The Offering, initially comprised of 26,666,667 Units , was previously upsized to 37,500,000 Units , subsequent to which the Company closed the first tranche of the Offering issuing a total of 27,325,317 Units for gross proceeds of $4,098,798 . The Company has now further increased the size of the Offering to 42,000,000 Units in order to raise further procee...