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Wallbridge Provides Update on Fenelon Resource Drilling
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Wallbridge Commences 20,000-metre Regional Drill Program on its 910 km2 Detour-Fenelon Land Package starting at the Martinière Gold Property
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Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) held its Annual Meeting of Shareholders (the “
Meeting”) on May 12, 2021.
A total of 509,649,058 shares or 64.58% of the outstanding shares of the Company were represented at the Meeting by proxy or in person. All of the matters submitted to the shareholders for approval as set out in the Company s notice of meeting and information circular dated April 1, 2021 were approved by the requisite majority of votes cast at the Meeting.
Voting on all matters was conducted by electronic ballot, with the results as follows:
Item 1: To Set the Number of Directors at Eight (8)
Wallbridge Provides Corporate Update
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Wallbridge Mining Company Limited Announces Closing of C$20 Million Bought Deal Financing and Exercise of Over-Allotment Option
Wallbridge or the
Company ) is pleased to announce that it has completed the previously announced bought deal public offering through the issuance of an aggregate of 21,063,400 charity flow-through common shares of the Company (each, a
Charity
Flow-Through Share ) at a price of C$0.95 (the
Offering Price ) per Charity Flow-Through Share for gross proceeds of C$20,010,230 to the Company, inclusive of the full exercise of the over-allotment option by the Underwriters (as hereinafter defined) to acquire an additional 2,747,400 Charity Flow-Through Shares at the Offering Price (the