Badlands Resources announces that it has arranged a private placement of up to 4,000,000 units at an issue price of $0.50 per Unit for total gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company and one non-transferable share purchase warrant, with each Warrant exercisable to acquire one additional Share at a price of $0.75 for a period of two years from the date of issue, provided that, after the expiry of all regulatory hold periods on the Warrants, if the Company's Shares trade on the TSX Venture Exchange at a price of $1.25 or more for five consecutive trading days at any time, then the Warrants will expire, subject to the Company's discretion, on the earlier of the expiry date and 4:30 p.m. on the date that is 30 calendar days after the date that the Company provides notice to the holders of the Warrants that the Acceleration Event has occurred.