Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2) Detour-Fenelon Gold Trend Property located in the Nord-du-Quebec administrative region approximately 75 kilometers (km) west-northwest of the town of Matagami, in the province of Quebec, Canada. Its Detour-Fenelon Gold Trend projects include Casault, Detour East, Grasset Gold, Harri and Doigt. The Company owns a 100% interest in the Nantel property. Its other gold assets include Hwy 810, Beschefer and N2 Property. The Grasset gold property is located immediately east of and adjoins the Fenelon property. The Company also holds approximately 15.8% interest in the common shares of NorthX Nickel Corp.

TSX:WM - Post by User

Wallbridge Mining Company Ltd

Bullboard Posts

Post by IknowIknowon Apr 02, 2020 3:01pm

232 Views

Post# 30873187

How is the price determined for the merger?

I know the ratio is .71 WM share for a BAR share, but on what date is this determined? They indicated 3/27 as a transaction date, so is the closing price of WM on that date, or 3/26, or some other arbitrary price involved? Or, is the price determined after the 5/7 vote, and all of the regulatory questions are answered?

Bullboard Posts

Rich TV Live’s Stocks to Watch this week (Nov. 15, 2024)