Financings
Bird River Announces Final Tranche of Private Placement and Shares for Debt Transaction

BDR · Price
Executive Summary
- Bird River Resources Inc. announced a non‑brokered private placement of up to 25,000,000 common shares at $0.10 per share, targeting gross proceeds of up to $2.5 million.
- The net proceeds are earmarked for general corporate and working capital purposes.
- Shares issued in the offering will be subject to a statutory hold period of four months and one day.
Key Details
- Offering Size: Maximum 25,000,000 common shares.
- Price per Share: $0.10 CAD.
- Maximum Gross Proceeds: $2,500,000 CAD.
- Use of Proceeds: General corporate purposes and working capital.
- Hold Period: Shares will be subject to a statutory hold period of four months + 1 day after issuance.
- Placement Type: Non‑brokered (private placement), meaning no underwriting fees or broker commissions are anticipated.
- Regulatory Notes: The securities have not been and will not be registered under the U.S. Securities Act; offering is limited to jurisdictions where it complies with applicable laws or exemptions.
Notable Quotes
(No CEO/President quotes were included in the release.)
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May 11, 2026 · 17:10