08:19:14 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Bird River Resources Inc (2)
Symbol BDR
Shares Issued 61,437,574
Close 2025-10-10 C$ 0.12
Market Cap C$ 7,372,509
Recent Sedar+ Documents

Bird River to close financing, issue shares for debt

2025-10-10 19:37 ET - News Release

Mr. Jon Bridgman reports

BIRD RIVER ANNOUNCES FINAL TRANCHE OF PRIVATE PLACEMENT AND SHARES FOR DEBT TRANSACTION

Bird River Resources Inc. intends to complete the final tranche of its previously announced non-brokered private placement of common shares in the capital of the company for aggregate gross proceeds of up to $139,253 at a price of eight cents per common share.

The company intends to use the net proceeds from the offering for general corporate and working capital purposes. The common shares to be issued in connection with the offering will be subject to a statutory hold period of four months and one day.

In addition, the company also announces that it has entered into a debt settlement agreement with an arm's-length creditor related to an aggregate of $250,000 (U.S.) ($350,108 (Canadian)) (1) owing in connection with lease payments due pursuant to a right of use agreement entered into by the company's wholly owned subsidiary, Cotton Mining & Processing S.A. de C.V. In full satisfaction of the debt, the company will issue an aggregate of 3,890,088 common shares in the capital of the company at a deemed price of nine cents per debt share to the creditor.

The debt shares issued in connection with the debt settlement will be subject to a statutory four-month-and-one-day hold period, in accordance with the policies of the Canadian Securities Exchange and applicable Canadian securities laws. The issuance of the debt shares and completion of the debt settlement are subject to certain conditions, including the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

About Bird River Resources Inc.

Bird River is a Winnipeg, Man.-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 on SEDAR+.

(1) Based on a U.S.-dollar/Canadian-dollar exchange rate of $1.40 (Canadian) to $1 (U.S.) as of Oct. 7, 2025.

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