|Bid||0.3750 x 0|
|Ask||0.3750 x 0|
|Day's Range||0.3600 - 0.3750|
|52 Week Range||0.1500 - 0.4900|
|Beta (3Y Monthly)||1.47|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 20, 2016 - May 24, 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.50|
Wallbridge Drills Significant, Wide Intersections of the Tabasco Zone at Depth and Continues to Successfully Delineate Gold Zones in Area 51
Wallbridge Expands the Mineralized Footprint and Intersects Significant Gold Mineralization in Newly Tested Portion of Area 51 at Fenelon
TORONTO , Aug. 15, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce that it plans to increase the number of drills to six from four at its 100% owned Fenelon Gold Property ("Fenelon" or the "Property"). The additional drills will enable Wallbridge to accelerate and increase its 2019 exploration program in the Main Gabbro and Area 51 zones. The revised program, with six drills operating, will be on track to complete 70,000-80,000 metres by the end of the year. Five rigs (four surface, one underground) will be active on exploration drilling, doing large-spaced step-outs to define the footprint of the Fenelon gold system and one underground drill rig will continue testing the Naga Viper, Cayenne and Tabasco zones near the existing mine workings.
Wallbridge Proves Excellent Continuity at Area 51 and Intersects 5.50 g/t Gold Over 10.96 Metres in Tabasco at Fenelon
TORONTO , Aug. 6, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce that it has closed the second and final tranche of its previously-announced non-brokered private placement (the "Private Placement"), see news release dated August 1, 2019 , through the issuance of 1,060,000 common shares in the Company on a flow-through basis to Quebec resident investors ("Super FT Shares") at a price of $0.50 per Super FT Share and 100,000 common shares in the capital of the Company on a flow-through basis ("National FT Shares") at a price of $0.46 per National FT Share. In connection with the second tranche, the Company paid a cash finder's fee of $31,800 .
Each Unit consists of one common share of the Company (a "Common Share") and a one-half Common Share purchase warrant. Each whole Warrant (a "Warrant") will entitle the holder to acquire one additional Common Share (a "Warrant Share") for a period of twelve (12) months from the date of issuance at an exercise price of $0.60 per Warrant Share. The Company expects to close a second and final tranche for anticipated proceeds of $576,000 on or about August 2, 2019 .
Wallbridge Intersects 17.58 g/t Gold over 11.04 metres at 600 metres depth in Deep Extension of the Main Gabbro at Fenelon
Wallbridge Exploration Drilling Intersects 3.93 g/t Gold over 20.72 metres, including 55.95 g/t Gold over 1.24 metres at Fenelon Gold Property
TORONTO , June 24, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") continues to deliver on its 2019 exploration strategy at its 100%-owned Fenelon Gold property ("Fenelon" or the "Property") and provides the following update on its drilling and exploration strategy. Wallbridge currently has four drill rigs operating on the Property with over 22,000 total metres drilled so far in 2019 and the program is on track to complete 50,000-70,000 metres as planned by the end of the year.
The closing of the Offering was conditional on Sprott exercising 1,666,667 Common Share purchase warrants at an exercise price of $0.15 and 15,000,000 Common Share purchase warrants at an exercise price of $0.20 for aggregate gross proceeds to the Company of $3,250,000 (collectively the "Warrants"). The Warrants were exercised in February 2019 .
Wallbridge Assays 2.81 g/t Gold over 98.91 metres including 15.93 g/t Gold over 11.22 metres Confirming Significance of Area 51 Zone Discovery
Wallbridge Intersects Multiple Structures with Gold Mineralization in New Area 51 Discovery and Extends the Main Zone to 650 metre depth at Fenelon Gold Property
Wallbridge Intersects 2.55 g/t Gold Over 20.01 Metres Confirming Continuity of Gold-Bearing Structure at Beschefer
Wallbridge Intersects 12.70 g/t gold over 2.71 metres within Newly Discovered Broad Gold Mineralization 300 metres Southwest of the Fenelon Deposit
Sprott has also exercised 1,666,667 Common Share purchase warrants at an exercise price of $0.15 and 15,000,000 Common Share purchase warrants at an exercise price of $0.20 for aggregate gross proceeds to the Company of $3,250,000 . The completion of the Offering will require the approval from the Company's shareholders (the "Shareholder Approval"), according to the rules and policies of the Toronto Stock Exchange ("TSX"). The Shareholder Approval will be sought at the next annual and special meeting of shareholders of the Company to be held on or around May 8, 2019 and thereafter the Offering will close.
TORONTO , Jan. 28, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") today announced the appointment of Mr. Michael Pesner , CPA, as a Director and Chair of the Audit Committee. Wallbridge is currently developing its 100%-owned high-grade Fenelon Gold property in Quebec with ongoing exploration and a bulk sample.