Bird River Resources Inc. 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 [...]
Bird River Resources Inc. reports that the 2020 Annual Meeting of shareholders was held December 22, 2021 and that all matters set forth in the management information circular were approved by the shareholders. At the meeting, Jon Bridgman , Ed Thompson , Donal Carroll and Warren Hawkins were elected to the board of directors for the 2022 fiscal year. The shareholders also approved the re-appointment of MNP LLP as the [...]
Bird River Resources Inc. and Faraday Energy Inc. , a corporation existing under the laws of the Province of Quebec, are pleased to announce that further to their joint press releases dated May 27, 2021 and August 10, 2021, they have agreed to extend the expiration date of their non-binding letter of intent dated May 26, 2021 and as amended on September 28, 2021 to October 31, 2021. The Letter of Intent outlines the [...]
Bird River Resources Inc. and Faraday Energy Inc. , a corporation existing under the laws of the Province of Quebec, announce that they have extended the expiry date for the Definitive Agreement to August 31, 2021. The financial valuation of Faraday Energy was completed by the independent valuators this past July and was accepted by Bird River Resources board of directors. As previously announced BDR and FEI entered into [...]
Bird River Resources Inc. and Faraday Energy Inc. , a corporation existing under the laws of the Province of Quebec, are pleased to announce that they have entered into a non-binding letter of intent dated May 26, 2021 . The Letter of Intent outlines the proposed terms and conditions pursuant to which Bird River and FEI will effect a business combination that will result in a reverse takeover of Bird River by the [...]
Bird River Resources Inc. is pleased to announce that it has retained First Republic Capital Corp. to act as its exclusive lead finder in respect of a non-brokered private placement to raise up to $700,000 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 [...]
Bird River Resources Inc. announces the sale of 100% of the Company's shareholdings in 2411181 Manitoba Ltd. under a share sale & assignment agreement with an arms-length party. The transaction is now effectively closed. 2411181 was a subsidiary holding company of Bird River, which holds a minority interest in nine oil wells of which three were non-active and subsequently were shut-in during 2020 leaving six wells still [...]
Bird River Resources Inc. announces that, effective immediately, Mr. David Walters has tendered his resignation as director of the Company. Mr. Thibaut Segeral has been appointed as director of the Company to fill the vacancy created by the foregoing resignation. The Company wishes to thank Mr. Walters for his valuable contribution to the Company. Mr. Thibaut Segeral holds a degree in Business from College Saint-Genes of [...]