Wallbridge Mining Announces Closing Of $15.14 Million Public Offering

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TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM) (OTCQB: WLBMF) ("Wallbridge" or the "Company") is pleased to announce that it has closed its previously announced best efforts, public offering (the “Offering”) of (i) 65,000,000 Charity Flow-Through Units (the “Charity Flow-Through Units”) at a price of C$0.15 per Charity Flow-Through Unit, (ii) 49,000,000 Hard Dollar Units (the “Hard Dollar Units”) at a price of C$0.11 per Hard Dollar Unit, which includes 4,000,000 Hard Dollar Units issued pursuant to the partial exercise of the over-allotment option (the “Over-Allotment Option Exercise”), and (iii) 980,363 Warrants (as defined below) at a price of $0.00001 per Warrant, also issued pursuant to the Over-Allotment Option Exercise, for gross proceeds of $15.14 million. The Offering was led by BMO Capital Markets, as sole bookrunner, on behalf of a syndicate of agents including SCP Resource Finance LP and Paradigm Capital Inc. (collectively, the “Agents”).

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