Wallbridge Mining Company Ltd.

TORONTO, Jan. 27, 2015 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Ltd. (TSX:WM) (FWB:WC7) ("Wallbridge") is pleased to announce that pursuant to the acquisition of Duluth Metals Ltd. ("Duluth") by Antofagasta Investment Company Limited ("Antofagasta") which was completed on January 20, 2015, Wallbridge received cash proceeds of $2,283,777 ("Proceeds") from the sale of its then remaining 5,075,060 shares in the capital [...]

TORONTO, Jan. 13, 2015 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Ltd. (TSX:WM) (FWB:WC7) ("Wallbridge") is pleased to announce that its Broken Hammer open pit operation in Sudbury, Ontario, is progressing well. Ongoing mining has produced significant additional tonnes and contained metals compared to the 2013 Mineral Reserve Estimate which was used in the 2013 Prefeasibility Study (See Wallbridge press releases [...]

TORONTO, Nov. 20, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to announce that it has successfully negotiated an early prepayment of its $2M debt owing to Callinan Royalties Corp. ("Callinan") pursuant to a line of credit (the "LOC") entered into with Callinan on December 12, 2012 ("LOC Obligations"). The interest payable on such debt was also renegotiated such that interest [...]

TORONTO, Nov. 12, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to announce that it has closed on its previously disclosed share purchase transaction with Antofagasta Investment Company Limited ("Antofagasta"), whereby Antofagasta purchased 5,075,061 common shares in the capital of Duluth Metals Ltd. ("Duluth Metals") from Wallbridge at $0.45 (Canadian) per share for aggregate [...]

TORONTO, Nov. 3, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") today announced that it has entered into a support agreement with Antofagasta Investment Company Limited ("Antofagasta") in connection with Antofagasta's proposed acquisition (the "Acquisition") of Duluth Metals Ltd. ("Duluth") whereby Wallbridge will vote all of its Duluth shares in favour of the Acquisition.  For more [...]

TORONTO, Oct. 1, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") today announced that it has signed agreements to vend its Ben Nevis, Misema, and Shipley mineral projects in northeast Ontario. "These transactions will allow Wallbridge to maintain its focus on platinum group metals, copper and nickel properties in Sudbury while retaining exposure to the long term discovery potential of these [...]

TORONTO, Sept. 29, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") today announced that following encouraging results from ongoing exploration, Wallbridge's joint venture partner Lonmin Plc ("Lonmin") has committed to fund an additional $5.5 million in exploration expenditures and cash option payments to explore for platinum, palladium, copper, nickel and gold on Wallbridge joint ventures in [...]

TORONTO, Sept. 25, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to provide results from the 2014 exploration programs underway on its polymetallic platinum ("Pt), palladium ("Pd), copper ("Cu"), nickel ("Ni"), gold ("Au") and silver ("Ag") properties in Sudbury, Ontario. New Cu and platinum group metal ("PGM") mineralization was intersected at shallow depths (above 120 metres [...]

TORONTO, Sept. 24, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to provide an update on its Broken Hammer open pit Cu-PGM mine located in the Sudbury area of Ontario.  Highlights: Achieved full production rate of 800 tpd at the mine and at Redstone Mill in August 2014 Have delivered to the copper smelter, over 1,000 tonnes of copper concentrate containing net payable metals [...]

TORONTO, Aug. 26, 2014 /CNW/ - Wallbridge Mining Company Ltd. (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to announce that it has secured a US $1.5 million bridge loan (the "Bridge Loan") from Auramet International LLC ("Auramet").  This funding will provide Wallbridge with additional working capital during the current start-up phase of the Broken Hammer project, and will bridge the period until sufficient revenue is [...]