• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • BOE Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Bird River Resources announces private placement financing

February 1, 20213:05 PM Accesswire

WINNIPEG, MB – Bird River Resources Inc. (CSE:BDR) (“Bird River” or the “Company“) is pleased to announce that it has retained First Republic Capital Corporation (“First Republic“) to act as its exclusive lead finder in respect of a non-brokered private placement to raise up to $700,000 (the “Offering“) on a best efforts basis.

Under the Offering, the Company intends to issue up to 7,000,000 common shares at ten cents ($0.10) per common share.

The Company has agreed to pay First Republic a sales commission up to 7% of the gross proceeds of the Offering and a selling compensation of Broker Share Warrants up to 7% of the aggregate number of common shares sold in the Offering.

The net proceeds from the Offering will be used for working capital purposes and business development.

All securities issued pursuant to the offerings will be subject to a statutory four (4) month hold period from their closing date(s) and to any and all necessary corporate and regulatory approvals. Further information will be provided at a later date.

Changes in Board of Directors

The Company is pleased to announce that Mr. Warren Hawkins has been appointed to the Board to fill recent vacancies. Warren is a graduate of University of Waterloo in Applied Science in Geological Engineering. Over the past 20 years, Mr. Hawkins has provided various consulting services to a number of clients on resource exploration, project management, environmental and remediation. Mr. Hawkins is a Qualified Person under National Instrument 43-101. Earlier in his business career he was employed in the investment industry for ten years. He is presently exploration consultant to Richmond Minerals Inc., listed on the TSX Venture Exchange. Additionally, the Company regrets to report that Mr. Martin Dallaire and Mr. Thibaut Segeral have recently resigned from the Board of Directors due to personal matters.

About Bird River Resources Inc.

Established in 1958, Bird River Resources Inc. is a Winnipeg, Manitoba based diversified resource company which currently holds a net royalty smelter (NSR) interest in a platinum palladium property in the Bird River Sill area of northeastern Manitoba near the Ontario border. The Company formerly owned investments interests in the oil and gas industry in Alberta and Manitoba which were recently sold. Management and the Board of Directors are currently reviewing new business opportunities in various resource related activities. Additional information on the Company is available at www.SEDAR.com.

Advisories & Contact
For further information, contact:

Jon Bridgman, CEO
Bird River Resources Inc.
Tel: 1-877-587-0777
Email: jonbirdriver@gmail.com

This news release is for information purposes only and no statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities and may contain forward looking statements that are based upon current expectations or beliefs as well as a number of assumptions about future events and words such as may, should, could, will, expect, anticipate, estimate, believe, intend, project should not be taken out of context. NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

SOURCE: Bird River Resources Inc.29dk2902l

Follow BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Obsidian Energy Announces 2023 Guidance and Significant 2022 Reserves Value Increase with Year-End Reserves Report
  • Russia bans oil exporters from adhering to Western price caps
  • TOP WELL REPORT – Clearwater formation – Baytex, CNRL and Headwater lead the way in December
  • U.S. natgas drops 5% on forecasts for milder weather, lower heating demand
  • Oil falls ahead of OPEC+, U.S. Federal Reserve meetings

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    BOE Network
    © 2023 Stack Technologies Ltd.