NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
WINNIPEG, MB / ACCESS Newswire / September 3, 2025 / Bird River Resources Inc. (the "Company") (CSE:BDR) announces that it has closed a third tranche of a non-brokered best efforts private placement financing (the "Offering") of common shares in the capital of the Company (the "Common Shares") for aggregate gross proceeds of $603,631.68, together with the previously announced two tranches closing of the Offering, totaling $1,678,447.44.
All currency references in the news release are in Canadian currency unless otherwise noted.
The Offering consisted of the issuance of 7,545,396 Common Shares at a price of $0.08 per Common Share. No finders fees or commissions were paid in connection with the Offering. The gross proceeds of the Offering will be used for general corporate and working capital requirements of the Company.
The Common Shares were issued by way of a private placement pursuant to exemptions from prospectus requirements under applicable securities laws. The securities issued pursuant to the Offering are subject to resale restrictions, including a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.
Early Warning Disclosure
In connection with the Offering, Eggs Holdings LLC (the "Subscriber") acquired 6,776,346 Common shares (the "Acquired Shares") pursuant to a subscription agreement entered into between the Subscriber and the Company. The Acquired Shares beneficially held by the Subscriber represents approximately 12.89% of the issued and outstanding Shares on a non-diluted basis.
The Subscriber acquired the Common Shares pursuant to the Offering for investment purposes and intends to review its investment in the Company on a continuing basis. Depending upon a number of factors including market and other conditions, the Subscriber may from time to time increase or decrease its beneficial ownership, control, direction or economic exposure over securities of the Company.
This news release is being issued under the early warning provisions of Canadian securities legislation. An early warning report will be electronically filed with the applicable securities commission in each jurisdiction where the Company is reporting and will be available on SEDAR+ at www.sedarplus.ca.
The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Bird River
Bird River is a Winnipeg, Manitoba based resource company focused on advancing quality mineral exploration and development properties. The Company currently holds a net royalty smelter interest in a platinum palladium property in the Bird River Sill area of northeastern Manitoba near the Ontario border. Additional information regarding the Company is available at www.sedarplus.ca.
For further information, please contact:
Jon Bridgman, CEO & Director
Bird River Resources Inc.
Tel: 1-877-587-0777
Email: jonbirdriver@gmail.com
Cautionary Note Regarding Forward Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends" or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be considered forward-looking statements.
Examples of forward-looking statements in this news release include, amongst others, the anticipated use of the proceeds from the Offering and statements regarding the ROU and operations of the Processing Plant. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements, including but not limited to: adverse changes in regulations; economic and market stability; commodity prices; reliance on key personnel; foreign exchange risks; availability of capital; and risks inherent with conducting mining and processing-related operations in Mexico. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/bird-river-announces-closing-of-3rd-tranche-of-common-share-financing-for-gross-1068027
