Barapukuria Coal Mining Company Limited

Wallbridge Closes Previously Announced Private Placement of Common Shares

Retrieved on:

Thursday, November 2, 2023

Sale, OTCQX, Private, Gold, Barapukuria Coal Mining Company Limited, Private placement, TSX, Security (finance), Agnico Eagle

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited (“Agnico”) of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share (the “Private Placement”).

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TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited (“Agnico”) of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share (the “Private Placement”).
The Private Placement was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor of Agnico.
The Company will announce details of its exploration plans in 2024 once board approval has been obtained.
All common shares issued pursuant to the Private Placement are subject to a four month and one day statutory hold period.

Wallbridge Closes Private Placement of Flow-Through Shares

Retrieved on:

Thursday, October 26, 2023

Sale, Multilateral, Minority, OTCQX, MI, Private, Gold, Private placement, Oil Taxation Act 1975, Barapukuria Coal Mining Company Limited, Walbridge, AEM, Income Tax Act 1967, TSX, Income Tax Act, Security (finance), Agnico Eagle

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 47,820,000 national flow-through common shares (the “National FT Shares”) and 25,632,666 Québec flow-through common shares (the “Québec FT Shares”) for aggregate gross proceeds of $9,437,910 (the “FT Share Private Placement”). The National FT Shares were issued at a price of $0.125 and the Québec FT Shares were issued at a price of $0.135.

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TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 47,820,000 national flow-through common shares (the “National FT Shares”) and 25,632,666 Québec flow-through common shares (the “Québec FT Shares”) for aggregate gross proceeds of $9,437,910 (the “FT Share Private Placement”).
The National FT Shares were issued at a price of $0.125 and the Québec FT Shares were issued at a price of $0.135.
In addition, Agnico Eagle Mines Limited (“Agnico”) has elected to subscribe for 7,926,277 common shares for aggregate gross proceeds of $871,890 (the “AEM Private Placement”, and together with the FT Share Private Placement, the “Private Placements”).
In connection with the FT Share Private Placement, the Company paid a cash finder’s fee other than in respect of subscriptions by president’s list investors.

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.

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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.

Wallbridge Expands Mineralized Footprint at Martiniere

Retrieved on:

Monday, September 25, 2023

Table, Geology, M5, MRE, Radius, Gold, M10, Barapukuria Coal Mining Company Limited, M13, OTCQX, TSX, Growth, M1, Walbridge, Mining, Uranium mining, Nightclub, M4, Martiniere, M6, M14, M11

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that its 2023 exploration drill program has successfully extended the mineralized footprint of the gold system at its 100%-owned Martiniere Gold project (“Martiniere”) in multiple directions beyond the boundaries of the 2023 Mineral Resource Estimate (“MRE”).

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TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that its 2023 exploration drill program has successfully extended the mineralized footprint of the gold system at its 100%-owned Martiniere Gold project (“Martiniere”) in multiple directions beyond the boundaries of the 2023 Mineral Resource Estimate (“MRE”).
“The objectives of the 2023 Martiniere exploration drilling program were all achieved – the mineralized footprint was expanded to the southwest and to the east of the MRE, while gold mineralization was also identified in a number of grassroots exploration targets within a few kilometres of Martiniere.
Wallbridge has now completed its 2023 Martiniere exploration drilling program with 29 drill holes totalling approximately 17,460 meters.
Drilling at Target M4 aimed to evaluate the continuation of the Martiniere West zones to the southwest (see Figure 3).

Wallbridge Files NI 43-101 Technical Report Supporting Positive Preliminary Economic Assessment for the Fenelon Gold Project in Quebec

Retrieved on:

Thursday, August 10, 2023

OTCQX, TSX, Technical report, Barapukuria Coal Mining Company Limited, National instrument, Mining

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced the filing of a National Instrument 43-101 (“NI 43-101”) technical report (the “Technical Report”) in support of its previously announced preliminary economic assessment (“PEA”) for its Fenelon Gold project (“Fenelon”), located on the Company’s Detour-Fenelon Gold Trend land package in Northern Abitibi, Quebec.

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TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced the filing of a National Instrument 43-101 (“NI 43-101”) technical report (the “Technical Report”) in support of its previously announced preliminary economic assessment (“PEA”) for its Fenelon Gold project (“Fenelon”), located on the Company’s Detour-Fenelon Gold Trend land package in Northern Abitibi, Quebec.

Wallbridge Receives $12.5 Million of Quebec Refundable Investment Tax Credits

Retrieved on:

Monday, July 31, 2023

OTCQX, TSX, Credit, Barapukuria Coal Mining Company Limited, Cryptocurrency

TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report that it received $12.5 million of cash refunds with respect to its 2022 Quebec Tax Credit Relating to Resources (“TCRR”) that were claimed on its 2022 Quebec income tax return.

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TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report that it received $12.5 million of cash refunds with respect to its 2022 Quebec Tax Credit Relating to Resources (“TCRR”) that were claimed on its 2022 Quebec income tax return.
“We are pleased with the quick turnaround and payment of the refund by Revenue Quebec,” stated Marz Kord, President and CEO of Wallbridge.
“The receipt of the TCRR Quebec investment tax credits will be used for our 2024 exploration program once approved by our board.
We look forward to outlining to our shareholders our 2024 exploration program on the Detour-Fenelon Gold Trend Properties at that time.”

Wallbridge Resumes On-Site Exploration and Drilling Activities Following Temporary Suspension Due to Quebec Forest Fire Risk

Retrieved on:

Thursday, July 13, 2023

Firefighter, Wildfire, Government, Ministry, PEA, Forest, Barapukuria Coal Mining Company Limited, Natural Resources, OTCQX, TSX, Walbridge, Safety, Mining, Risk management

“Wallbridge’s priority throughout this situation has been the safety of our employees, contractors and local communities,” said Wallbridge President & CEO Marz Kord.

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“Wallbridge’s priority throughout this situation has been the safety of our employees, contractors and local communities,” said Wallbridge President & CEO Marz Kord.
“We are extremely thankful to the government of Quebec and firefighters for their hard work in controlling the wildfires in the region.
There has been no damage to any of Wallbridge’s assets and we don’t expect any impact on the Company’s ability to complete its 2023 exploration program.”
On June 5, Wallbridge advised investors of the temporary suspension of operations.
The Company will continue to monitor wildfire development in the region and respond proactively and accordingly should the situation change.

Wallbridge Mining Announces Voting Results from Annual Meeting of Shareholders

Retrieved on:

Friday, June 9, 2023

OTCQX, TSX, MIC, Annual general meeting, Meeting, Barapukuria Coal Mining Company Limited, Holding company

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) held its Annual Meeting of Shareholders (the “Meeting”) today, June 8, 2023.

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TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) held its Annual Meeting of Shareholders (the “Meeting”) today, June 8, 2023.
A total of 505,795,637 shares or 54.13% of the outstanding shares of the Company were represented at the Meeting.
All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and management information circular dated April 28, 2023 (“MIC”) were approved by the requisite majority of votes cast at the Meeting.
Voting on the following matters, as described in the MIC, were conducted by ballot:

Wallbridge Extends Martiniere Gold Mineralization to the East

Retrieved on:

Thursday, June 8, 2023

Canada, Sample, AAS, Fire, MRE, Gold, Laboratory, Barapukuria Coal Mining Company Limited, OTCQX, Quality control, TSX, Qualified person (European Union), Mineral resource estimation, Fig, ICP, Rare-earth element, Nightclub, Printed circuit board, Martiniere

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that it has extended gold mineralization at the Company’s 100%-owned Martiniere Gold project (“Martiniere”) 300 metres east of the existing Mineral Resource Estimate (“MRE”) footprint.

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TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that it has extended gold mineralization at the Company’s 100%-owned Martiniere Gold project (“Martiniere”) 300 metres east of the existing Mineral Resource Estimate (“MRE”) footprint.
“We are excited to report that all of our follow-up holes in the M1 Target area to date have encountered gold mineralization, validating the potential to significantly expand the footprint of the Martiniere deposit to the east.
New drill holes confirm increased presence of porphyritic intrusive rocks towards the east, similar to the Bug Lake Porphyry, one of the main controls on gold mineralization at Martiniere.
To test for coarse free gold and additional quality assurance and quality control, Wallbridge requests screen metallic analysis for samples containing visible gold.

Wallbridge Expands Fenelon Gold Mineralization in Area 51 at Depth and South of Ripley

Retrieved on:

Tuesday, June 6, 2023

TORONTO, June 06, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced that its 2023 exploration drill program has extended the gold mineralization at its 100% owned Fenelon Gold project (“Fenelon”) at depth in Area 51 and to the south of the Ripley zone.

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TORONTO, June 06, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced that its 2023 exploration drill program has extended the gold mineralization at its 100% owned Fenelon Gold project (“Fenelon”) at depth in Area 51 and to the south of the Ripley zone.
Our exploration program is consistently growing the overall mineralized footprint and highlighting the district-scale potential of the Fenelon gold system.
To test for coarse free gold and additional quality assurance and quality control, Wallbridge requests screen metallic analysis for samples containing visible gold.
Wallbridge Fenelon Gold Property, Recent Drill Assay Highlights (1, 4)