Wallbridge Enhances Board of Directors with the Addition of Jeffery Snow
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Wallbridge Enhances Board of Directors with the Addition of Jeffery Snow
Toronto, Ontario – December 14, 2020 – Wallbridge Mining Compan y Limited (TSX:WM) (“Wallbridge” or the
“Company”) today announced the appointment of Mr. Jeffery A. Snow, as a Director of the Corporation.
Mr. Snow is a senior mining executive and lawyer with 39 years in the mining industry and extensive experience in
corporate governance, business development, joint ventures, human resources, public relations and operations.
Mr. Snow recently retired as Senior Vice-President, Business De velopment and General Counsel of Iamgold Corporation.
Immediately prior to joining Iamgold, he was Managing Director of the Mining Group at McMillan LLP with overall
responsibility for that firm’s mining practice. He previously h eld senior positions at Falconbr idge Limited, Noranda Inc.,
and Kerr Addison Mines Ltd.
“I am pleased to welcome Jeff as Wallbridge’s newest Director,” said Chair Alar Soever. “His significant management
and operations experience along w ith his insight as a senior le gal advisor to numerous mining industry boards and
companies of all sizes further strengthens the skills and experience of Wallbridge’s board.”
About Wallbridge Mining
Wallbridge is currently advancing the exploration and developme nt of its 100%-owned Fenelon Gold property, which is
located along the Detour-Fenelon Gold Trend, an emerging gold b elt in northwestern Québec. The Company is currently
completing its 100,000-metre exploration drill program in 2020 and has plans for a fully-funded +150,000-metre drill
program, as well as the commencement of a 10,000-metre underground development program in 2021.
The recent acquisition of Balmoral Resources has secured for Wa llbridge a buffer of several kilometres surrounding its
rapidly expanding Fenelon discove ry providing room for growth, as well as future mine development flexibility. This
acquisition has also significantly expanded Wallbridge's land h oldings in Québec along the Detour-Fenelon Gold Trend
(from 10.5 km2 to over 900.0 km2), improving Wallbridge's potential for further discoveries for over 90-kilometre strike in
this under-explored belt.
Wallbridge is also the operator of, and a shareholder in, Lonmi n Canada Inc., a privately-held company with a large
portfolio of nickel, copper, and platinum-group metals (PGM) projects in Ontario's Sudbury Basin.
For further information please visit the Company's website at www.wallbridgemining.com or contact:
Wallbridge Mining Company Limited
Marz Kord, P. Eng., M. Sc., MBA
President & CEO
Tel: (705) 682-9297 ext. 251
Email: [email protected]
Victoria Vargas, B.Sc. (Hon.) Economics, MBA
Investor Relations Advisor
Email: [email protected]
This press release may contain certain “forward-looking statem ents” within the meaning of a pplicable Canadian securities
legislation relating to, among other things, the operations of Wallbridge Mining Company Limited (“Wallbridge” or “Company”)
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and the environment within which it operates. All statements, other than statements of historical fact, included herein, includ ing,
without limitation, statements regarding future plans and objec tives of Wallbridge, future opportunities and anticipated goals, the
Company’s portfolio, treasury, management team, timetable to mineral resource estimation, permitting and the prospective
mineralization of the properties, are forw ard-looking statements that involve va rious risks, assump tions, estimates and
uncertainties. Generally, forward-looking information can be id entified by the use of forward- looking terminology such as
“seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estim ates”, “expects”, “for ecasts”, “intends” ,
“projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that cert ain
actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved”. There can
be no assurance that such statements will prove to be accurate, and ac tual results and future events could differ materially fr om
those anticipated in such statements.
By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and
specific, that contribute to the possibility that the predicted ou tcomes could differ materially from those contained in such
statements. These risks and uncertainties include, but are not lim ited to, delays in obtaining or failures to obtain required
governmental, regulatory, environmental or other required app roval, the actual results of current exploration activities,
fluctuations in prices of comm odities, fluctuations in currency markets, actual results of additional explor ation and developme nt
activities at the Company’s projects, capita l expenditures, the availability of any ad ditional capital required to advance proj ects,
accidents, or pandemic interruptions.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from thos e
contained in forward-looking information, there may be other fact ors that cause results not to be as anticipated, estimated or
intended. These statements reflect the current internal projectio ns, expectations or beliefs of the Company and are based on
information currently available to the Company.
The Company does not undertake to update any forward-looking information, except in accord ance with applicable securities
laws. The Company believes that the expecta tions reflected in those forward-looking st atements are reasonable but no assurance
can be given that these expectations will prove to be correct an d such forward-looking statements included in this press releas e
should not be unduly relied upon by investors as actual results may vary.
Risks and uncertainties about Wallbridge’s busi ness are more fully discussed in the disc losure material file d with the securiti es
regulatory authorities in Canada and available on SEDAR under the Company’s profile at www.sedar.com. Readers are urged to
read these materials and should not place undue reliance on the forward-looking statements contained in this press release.
Covid-19 - Given the rapidly evolving natu re of the Coronavirus (COVID-19) pandemic, Wallbridge is actively monitoring the
situation in order to continue to maintain as best as possib le the activities while striving to protect the health of its perso nnel.
Wallbridge' activities will continue to align with the guidance provided by local, provincial and federal authorities in Canada. The
Company has established measures to continue normal activities while protecting the health of its employees an d stakeholders.
Depending on the evolution of the virus, me asures may affect the regular operations of Wallbridge and the participation of staf f
members in events inside or outside Canada.