Bird River Announces Closing of $0.10 Common Share Financing

Executive Summary

• Bird River Resources Inc. closed a non‑brokered private placement for gross proceeds of $1,485,061.70.
• The offering issued 14,850,617 common shares at $0.10 per share, with no finders’ fees or commissions paid.
• Proceeds will be used for general corporate and working‑capital requirements; the placement is subject to a statutory hold period of 4 months + 1 day.

Key Details

• Offering Size: $1,485,061.70 gross proceeds.
• Shares Issued: 14,850,617 common shares at $0.10 per share.
• No Fees: No finders’ fees or commissions were paid in connection with the offering.
• Use of Proceeds: General corporate and working‑capital purposes.
• Statutory Hold Period: Shares subject to a 4‑month + 1‑day hold period from issuance.
• Subscriber Acquisition: Entertainment Insurance Consultants, Inc. purchased 6,212,420 shares (≈7.60% of issued & outstanding shares on a non‑diluted basis).
• Early Warning Disclosure: The company will file an early warning report with applicable securities commissions; the filing will be available on SEDAR+.
• U.S. Securities Disclaimer: Shares are not registered under U.S. securities laws and may not be offered or sold in the United States absent registration or exemption.

Notable Quotes

(No direct quotes were provided in the release.)