Bird River Resources Closes $709,299 Financing Round

Bird River Resources Inc. has announced the closure of its fourth tranche in a private placement financing, accumulating approximately $709,299. This recent tranche brings the total raised through the offering to $2,387,746. The company issued 8,866,239 common shares at $0.08 per share, without incurring any finders' fees or commissions. The funds will be allocated towards general corporate and working capital needs.

The shares were issued via private placement under exempt securities laws, coming with a resale restriction period of four months and a day. Entertainment Insurance Consultants, Inc. acquired 8,590,791 shares, representing 13.98% ownership. This acquisition is for investment, and adjustments may occur based on market conditions.

An early warning report has been filed, detailing the transaction. It emphasizes that the securities are not registered under the U.S. Securities Act, restricting U.S. transactions without appropriate registration or exemption.