Balmoral

Wallbridge Announces Board and Senior Management Changes

Retrieved on: 
Tuesday, October 10, 2023

Mr. Kord will remain employed until December 31, 2023 to support the management team through the management transition.

Key Points: 
  • Mr. Kord will remain employed until December 31, 2023 to support the management team through the management transition.
  • In addition, Parviz Farsangi has decided to retire from the Board of Directors (the “Board”).
  • Brian Penny, the Company’s Chief Financial Officer (“CFO”), will assume the role of interim CEO and joins the Board as a director.
  • Anthony Makuch, Chair of the Board, stated, “On behalf of the Board, I would like to thank both Marz and Parviz for their hard work and long-standing service to Wallbridge.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Trecora Resources (NYSE - TREC), Redbox Entertainment Inc. (Nasdaq - RDBX), Switch, Inc. (NYSE - SWCH), InterPrivate II Acquisition Corp. (NYSE - IPVA)

Retrieved on: 
Wednesday, May 11, 2022

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Trecora will be acquired by an affiliate of Balmoral Funds, LLC (together with its consolidated subsidiaries, Balmoral).
  • Trecora shareholders will receive $9.81 per share in cash for every share of Trecora they own.
  • Under the terms of the agreement, Redbox will be acquired by Chicken Soup for the Soul Entertainment, Inc. (CSSE) (Nasdaq - CSSE).

Trecora Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Trecora Resources Is Fair to Shareholders

Retrieved on: 
Wednesday, May 11, 2022

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Trecora Resources (NYSE: TREC) to an affiliate of Balmoral Funds, LLC for $9.81 per share in cash is fair to Trecora shareholders.

Key Points: 
  • Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Trecora Resources (NYSE: TREC) to an affiliate of Balmoral Funds, LLC for $9.81 per share in cash is fair to Trecora shareholders.
  • On behalf of Trecora shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Epsilyte Acquires StyroChem to Expand Capacity and Customer Solutions

Retrieved on: 
Friday, October 1, 2021

Epsilyte will now operate three production sites, employ more than 300 associates, and provide customer solutions in more than 20 countries.

Key Points: 
  • Epsilyte will now operate three production sites, employ more than 300 associates, and provide customer solutions in more than 20 countries.
  • Epsilyte expects to integrate StyroChem functions and operations into its current organization with minimal impact to StyroChem assets, employees and customers.
  • We are thrilled to complete this acquisition and we welcome the StyroChem associates to the Epsilyte team, said Brad Crocker, President and Chief Executive Officer, of Epsilyte.
  • Epsilyte is one of North Americas leading producers of advanced materials used in construction, packaging, and safety equipment.

Wan Bridge Unveils First Lakeside Build-to-Rent Community in Texas

Retrieved on: 
Wednesday, September 22, 2021

Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities in Dallas and Houston, today announced the companys first waterfront development Lakeside Conroe .

Key Points: 
  • Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities in Dallas and Houston, today announced the companys first waterfront development Lakeside Conroe .
  • This BTR community will likely include 169 single-family detached homes and 140 duplexes ranging from 1,979 to 2,426 square feet.
  • Wan Bridge commemorated Lakeside Conroe with a ribbon cutting on September 21 with local elected officials and community partners in attendance.
  • Guests toured the newly opened model home and learned more about the one-of-a-kind amenities Wan Bridge offers residents.

Wallbridge Commences 20,000-metre Regional Drill Program on its 910 km2 Detour-Fenelon Land Package starting at the Martinière Gold Property

Retrieved on: 
Thursday, July 22, 2021

Martinire has a historic indicated resource of approximately 591,000 gold ounces, reported by the previous owner, Balmoral Resources (Balmoral) in March 2018 (see details in Table 2).

Key Points: 
  • Martinire has a historic indicated resource of approximately 591,000 gold ounces, reported by the previous owner, Balmoral Resources (Balmoral) in March 2018 (see details in Table 2).
  • We are very excited to kick-off our regional exploration program on Martinire, our second most advanced gold project after Fenelon, stated Marz Kord, President & CEO of Wallbridge.
  • The Martinire Gold System is most likely part of the orogenic class of gold deposits and high-grade, structurally controlled gold mineralization is generally surrounded by a broader, lower grade halo.
  • Table 1 compiles highlight historic drill results (> 100 metal factor; metal factor = gold grade multiplied by core length) from Balmorals drill programs completed between 2011 and 2017.

Wan Bridge Delivers First Clearwater at Balmoral Homes and Unveils Name of Build-to-Rent Property Management Division

Retrieved on: 
Monday, March 15, 2021

Clearwater at Balmoral will be TBDs first leasing assignment of a new community, who will also manage Wan Bridges existing developments onsite around Houston and Dallas.

Key Points: 
  • Clearwater at Balmoral will be TBDs first leasing assignment of a new community, who will also manage Wan Bridges existing developments onsite around Houston and Dallas.
  • TBD Management believes you dont need to own to call it home, and Wan Bridge is proud of the team who does so much to bolster our services and resident experiences, said Ting Qiao, CEO of Wan Bridge.
  • In August of 2020, Wan Bridge announced Clearwater at Balmoral as the first build-to-rent development and exclusive townhome offering in the lagoon community.
  • By offering the build-to-rent alternative Wan Bridge meets the increasing lifestyle demand by Building the Future of Fine Living.

Wallbridge Mining Company Limited and Balmoral Resources Ltd. Announce Completion of Plan of Arrangement

Retrieved on: 
Friday, May 22, 2020

VANCOUVER, British Columbia and TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge) and Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (Balmoral) (collectively the Parties) are pleased to announce the completion of the previously-announced Plan of Arrangement (the Arrangement) between the Parties.

Key Points: 
  • VANCOUVER, British Columbia and TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge) and Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (Balmoral) (collectively the Parties) are pleased to announce the completion of the previously-announced Plan of Arrangement (the Arrangement) between the Parties.
  • With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares (the Balmoral Shares) of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share.
  • Pursuant to the Arrangement, Balmoral shareholders have received 0.71 of a common share of Wallbridge (each whole common share a Wallbridge Share) in exchange (the Exchange Ratio) for each Balmoral Share held immediately prior to completion of the Arrangement.
  • In the aggregate, 130,556,944 Wallbridge Shares were issued under the Arrangement to Balmoral shareholders as consideration for their Balmoral Shares.

Balmoral Obtains Final Court Order Approving Plan of Arrangement

Retrieved on: 
Wednesday, May 13, 2020

It is currently anticipated that the Transaction will close on May 22, 2020, subject to the satisfaction and/or waiver of all conditions precedent.

Key Points: 
  • It is currently anticipated that the Transaction will close on May 22, 2020, subject to the satisfaction and/or waiver of all conditions precedent.
  • The Balmoral Shares will be delisted from trading on the Toronto Stock Exchange on or around May 25, 2020.
  • Balmoral is a multi-award winning Canadian-focused exploration company actively exploring a portfolio of gold and base metal properties located within the prolific Abitibi greenstone belt.
  • This forward-looking information may be affected by risks and uncertainties in the business of Balmoral and market conditions.

Balmoral Securityholders Approve Arrangement with Wallbridge Mining Company Limited

Retrieved on: 
Friday, May 8, 2020

VANCOUVER, British Columbia, May 08, 2020 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. (Balmoral or the Company) (TSX:BAR; OTCQX:BALMF) is pleased to announce that an overwhelming majority of the securityholders who cast votes at the Special Meeting of the Company yesterday afternoon in Vancouver, British Columbia and online have voted in favour of the special resolution approving the arrangement (the Arrangement) with Wallbridge Mining Company Limited (WM:TSX) (Wallbridge) originally announced March 2, 2020 ( see Balmoral News Release R20-04 ).

Key Points: 
  • VANCOUVER, British Columbia, May 08, 2020 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. (Balmoral or the Company) (TSX:BAR; OTCQX:BALMF) is pleased to announce that an overwhelming majority of the securityholders who cast votes at the Special Meeting of the Company yesterday afternoon in Vancouver, British Columbia and online have voted in favour of the special resolution approving the arrangement (the Arrangement) with Wallbridge Mining Company Limited (WM:TSX) (Wallbridge) originally announced March 2, 2020 ( see Balmoral News Release R20-04 ).
  • In total 99.4% of the Balmoral securityholders who cast ballots voted to approve the Arrangement.
  • Under the terms of the Arrangement, Wallbridge will, among other things, acquire all of the issued and outstanding shares of Balmoral, with Balmoral shareholders receiving 0.71 of a common share of Wallbridge for each issued and outstanding common share of Balmoral currently held.
  • We are pleased that the securityholders of Balmoral have accepted the Boards recommendation and voted over 99% in favor of the proposed acquisition of Balmoral by Wallbridge, said Darin Wagner, President and CEO of Balmoral.