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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

Post by CliffBootheson Nov 21, 2022 2:43pm
162 Views
Post# 35116387

Yep

YepTORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) --  Wallbridge Mining Company Limited (TSX:WMOTCQX:WLBMF), ("Wallbridge" or the "Company") today announced that it has completed the previously announced "bought deal" public offering through the issuance of an aggregate of 27,300,000 charity flow-through common shares of the Company (each, a "Charity Flow-Through Share") at a price of C$0.55 (the "Offering Price") per Charity Flow-Through Share for gross proceeds of C$15,015,000 to the Company (the "Offering"). The Charity Flow-Through Shares were issued and sold pursuant to the terms of an underwriting agreement dated February 8, 2022 among the Company, BMO Capital Markets, as lead underwriter and sole bookrunner, Cormark Securities Inc., Eight Capital and Paradigm Capital Inc. (collectively, the “Underwriters”) .
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