• 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 extension of the acquisition of Faraday

April 14, 20226:10 AM Accesswire

WINNIPEG, MB – Bird River Resources Inc. (CSE:BDR) (the “Corporation”) and Faraday Energy Inc. announce that the Letter of Intent respecting the business combination between the Corporation and Faraday Energy Inc. has been extended to May 5, 2022.

Jon Bridgman, CEO of Bird River Resources and Martin Dallaire, CEO of Faraday Energy stated that 2021 was a demanding year and they both underestimated the time the legal work, accounting and auditing requirements would require to bring the proposed business combination transaction together.

About Bird River Resources Inc.

Founded in 1958, Bird River Resources Inc. is a Canadian natural resources company with a focus on the renewable energy sector and resource exploration activities. The company holds a net royalty smelter (NSR) interest on a platinum palladium property in the Bird River Sill area of northeastern Manitoba near the Ontario border.

About Faraday Energy Inc.

Faraday Energy is a private Quebec corporation which owns two subsidiaries, Hydro-Abitibi Inc. and Renewable Energy Abitibi Inc. The Subsidiaries operate two hydro-electric power plants, Centrale Hydro-Électrique La Sarre 1 (1,050 KWh) and Centrale Hydro-Électrique La Sarre 2. The Power Plants have a combined output of approximately 1,850 KWh, and are located on the La Sarre River, approximately 75 km north of Rouyn-Noranda, Quebec, and 700 km north of Toronto, Ontario.

For further information, contact:

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

Faraday Energy Inc.
Martin Dallaire, CEO & Director
Tel: 1-819-763-6663
email: martin@hydroabitibi.com

Additional information on Bird River Resources Inc. is available on SEDAR at sedar.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.

Canadian Natural Resources

Follow BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • US natgas futures drop 4% on record U.S. output, lower demand forecast
  • CCMA Winner, Dean Brody performs July 11th for the Bootleggin’ Breakfast Stampede After-Party
  • Climate battle looms as Alberta premier Smith takes aim at Trudeau after election win
  • BOE Intel Q1 Earnings Season Report Card – Part 2
  • Pembina Pipeline announces agreement with Marubeni Corporation to develop a low carbon ammonia project and outlines vision for Pembina Low Carbon Complex

Return to Home
Alberta GasMonthly Avg.
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.