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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

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

Comment by Covid19Investoron Jul 14, 2020 10:18am
191 Views
Post# 31264965

RE:Manipulated down for this?

RE:Manipulated down for this?How are they related ?



jjeerryy wrote:

TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see Karora news release dated June 30, 2020). In lieu of issuing shares to Maverix, Karora will use the proceeds from total of 36.5 million common shares to be issued to Eric Sprott and one other institutional investor to complete the previously announced Maverix transaction with an all-cash consideration of US$18 million (subject to the conditions described in the Karora news release dated June 30, 2020). The shares of Karora to be issued to Mr. Sprott and the institutional investor will be issued at the same $0.506 price per share that had been agreed with Maverix. Subject to completion of the transactions, no common shares of Karora will be issued to Maverix. Paul Andre Huet, Chairman & CEO of Karora, commented: "I am very excited that Eric Sprott, a highly influential and well-known leader in the resource investment community and one of the world's premiere gold and silver investors, has significantly increased his investment in Karora. This investment is a strong endorsement of the confidence Mr. Sprott has in both our execution over the past year and our plans to unlock the value of our Western Australian gold mining assets." In total, Karora intends to issue 36.5 million common shares, made up of 26 million shares to Eric Sprott and the balance expected to be to another institutional investor. The completion of this investment transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions. A cash finder's fee will be payable to certain third parties in connection with this private placement of Karora shares. Ab]TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see Karora news release dated June 30, 2020). In lieu of issuing shares to Maverix, Karora will use the proceeds from total of 36.5 million common shares to be issued to Eric Sprott and one other institutional investor to complete the previously announced Maverix transaction with an all-cash consideration of US$18 million (subject to the conditions described in the Karora news release dated June 30, 2020). The shares of Karora to be issued to Mr. Sprott and the institutional investor will be issued at the same $0.506 price per share that had been agreed with Maverix. Subject to completion of the transactions, no common shares of Karora will be issued to Maverix. Paul Andre Huet, Chairman & CEO of Karora, commented: "I am very excited that Eric Sprott, a highly influential and well-known leader in the resource investment community and one of the world's premiere gold and silver investors, has significantly increased his investment in Karora. This investment is a strong endorsement of the confidence Mr. Sprott has in both our execution over the past year and our plans to unlock the value of our Western Australian gold mining assets." In total, Karora intends to issue 36.5 million common shares, made up of 26 million shares to Eric Sprott and the balance expected to be to another institutional investor. The completion of this investment transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions. A cash finder's fee will be payable to certain third parties in connection with this private placement of Karora shares. Ab

[/url]
 
TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see Karora news release dated June 30, 2020).

In lieu of issuing shares to Maverix, Karora will use the proceeds from total of 36.5 million common shares to be issued to Eric Sprott and one other institutional investor to complete the previously announced Maverix transaction with an all-cash consideration of US$18 million (subject to the conditions described in the Karora news release dated June 30, 2020). The shares of Karora to be issued to Mr. Sprott and the institutional investor will be issued at the same $0.506 price per share that had been agreed with Maverix. Subject to completion of the transactions, no common shares of Karora will be issued to Maverix.

Paul Andre Huet, Chairman & CEO of Karora, commented: "I am very excited that Eric Sprott, a highly influential and well-known leader in the resource investment community and one of the world's premiere gold and silver investors, has significantly increased his investment in Karora. This investment is a strong endorsement of the confidence Mr. Sprott has in both our execution over the past year and our plans to unlock the value of our Western Australian gold mining assets."

In total, Karora intends to issue 36.5 million common shares, made up of 26 million shares to Eric Sprott and the balance expected to be to another institutional investor. The completion of this investment transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions. A cash finder's fee will be payable to certain third parties in connection with this private placement of Karora shares.[url=TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see Karora news release dated June 30, 2020). In lieu of issuing shares to Maverix, Karora will use the proceeds from total of 36.5 million common shares to be issued to Eric Sprott and one other institutional investor to complete the previously announced Maverix transaction with an all-cash consideration of US$18 million (subject to the conditions described in the Karora news release dated June 30, 2020). The shares of Karora to be issued to Mr. Sprott and the institutional investor will be issued at the same $0.506 price per share that had been agreed with Maverix. Subject to completion of the transactions, no common shares of Karora will be issued to Maverix. Paul Andre Huet, Chairman & CEO of Karora, commented: "I am very excited that Eric Sprott, a highly influential and well-known leader in the resource investment community and one of the world's premiere gold and silver investors, has significantly increased his investment in Karora. This investment is a strong endorsement of the confidence Mr. Sprott has in both our execution over the past year and our plans to unlock the value of our Western Australian gold mining assets." In total, Karora intends to issue 36.5 million common shares, made up of 26 million shares to Eric Sprott and the balance expected to be to another institutional investor. The completion of this investment transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions. A cash finder's fee will be payable to certain third parties in connection with this private placement of Karora shares. Ab]TORONTO, July 14, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that Eric Sprott has agreed to increase his ownership in Karora by 26 million shares. In a strategic move, Karora has worked alongside Maverix Metals Inc. ("Maverix") to effectively place the entire planned share issuance previously announced June 30, 2020 (see Karora news release dated June 30, 2020). In lieu of issuing shares to Maverix, Karora will use the proceeds from total of 36.5 million common shares to be issued to Eric Sprott and one other institutional investor to complete the previously announced Maverix transaction with an all-cash consideration of US$18 million (subject to the conditions described in the Karora news release dated June 30, 2020). The shares of Karora to be issued to Mr. Sprott and the institutional investor will be issued at the same $0.506 price per share that had been agreed with Maverix. Subject to completion of the transactions, no common shares of Karora will be issued to Maverix. Paul Andre Huet, Chairman & CEO of Karora, commented: "I am very excited that Eric Sprott, a highly influential and well-known leader in the resource investment community and one of the world's premiere gold and silver investors, has significantly increased his investment in Karora. This investment is a strong endorsement of the confidence Mr. Sprott has in both our execution over the past year and our plans to unlock the value of our Western Australian gold mining assets." In total, Karora intends to issue 36.5 million common shares, made up of 26 million shares to Eric Sprott and the balance expected to be to another institutional investor. The completion of this investment transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions. A cash finder's fee will be payable to certain third parties in connection with this private placement of Karora shares.

[/quote]

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