Wallbridge Mining Announces Closing Of $15.14 Million Public Offering

Core Viewpoint - Wallbridge Mining Company Limited has successfully closed a public offering, raising gross proceeds of C$15.14 million through the issuance of Charity Flow-Through Units and Hard Dollar Units, with the funds aimed at advancing its mining projects and general corporate purposes [2][6]. Offering Details - The Offering included 65,000,000 Charity Flow-Through Units priced at C$0.15 each, 49,000,000 Hard Dollar Units priced at C$0.11 each, and 980,363 Warrants priced at $0.00001 each, with the latter issued under an over-allotment option [2][3]. - The total gross proceeds from the Offering amounted to C$15.14 million, facilitated by BMO Capital Markets as the sole bookrunner [2][4]. Agnico Eagle Mines Participation - Agnico Eagle Mines Limited has agreed to subscribe for 6,275,897 Hard Dollar Units at a price of $0.11 each, contributing an additional gross amount of $690,349 through a private placement [5]. Use of Proceeds - The net proceeds from the Offering and the Agnico Private Placement will be allocated towards the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes, resulting in a cash balance of approximately $31 million as of October 31, 2025 [6]. Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km² along the Detour-Fenelon gold trend, which includes the Fenelon Gold Project and the Martiniere Gold Project [8].