Halted, and newsThat is a lot of money plus the budget of 2.6 million from Lonmin.
h'mmmmmmmmmm
Looking good
wally
................ ................................ .....
Wallbridge halted at the open
2003-10-23 09:23 ET - Halt Trading
Wallbridge Mining has been halted effective at the open Oct. 23, 2003, pending an announcement.
........... ................ ...............
2003-10-23 09:34 ET - News Release
Mr. Alar Soever reports
WALLBRIDGE ANNOUNCES FLOW-THROUGH PRIVATE PLACEMENT FINANCING
Wallbridge Mining has entered into an agreement with a syndicate of investment dealers led by Griffiths, McBurney & Partners, and including Canaccord Capital Corporation and Haywood Securities Inc. for the sale of up to approximately 5.3 million flow-through common shares at 66 cents per share, totalling about $3.5-million through a private placement financing. The financing is subject to regulatory approval. The finances will enable the corporation to increase its exploration activities on existing properties, and commit to new acquisitions.
Currently the company is initiating drilling programs on its Windy Lake and Wisner properties in Sudbury, Ont. The company is also active on its Ben Nevis property in Kirkland Lake, Ont., as well as a number of its other Sudbury-area properties.
WARNING: The company relies upon litigation protection for "forward-looking" statements