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Bird River Resources ( (TSE:BDR) ) just unveiled an update.
Bird River Resources Inc. has successfully closed a non-brokered private placement financing, raising approximately $410,955 through the issuance of over 10 million common shares at $0.04 per share. This financing supports a strategic transaction to acquire full interests in two gold projects in Sinaloa, Mexico, enhancing its exploration and development capabilities. The proceeds will fund the transaction expenses, future exploration, and working capital, signaling a significant step in the company’s growth strategy in the gold mining sector.
More about Bird River Resources
Bird River Resources Inc. operates within the natural resources sector, focusing on exploration and development projects, particularly in the gold mining industry. The company is engaged in acquiring and managing mineral property interests, aiming to enhance its portfolio and market presence.
YTD Price Performance: 42.86%
Average Trading Volume: 95,311
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$909.6K
Learn more about BDR stock on TipRanks’ Stock Analysis page.
