Wallbridge Mining Announces Appointment of Anthony Makuch as Independent Chair of the Board of Directors
WALLBRIDGE MINING COMPANY LIMITED TSX: WM www.wallbridgemining.com
129 Fielding Road Lively ON P3Y 1L7 t: 705‐682‐9297 f: 1‐888‐316‐4156 e: [email protected]
Wallbridge Mining Announces Appointment of Anthony Makuch as Independent Chair of
the Board of Directors
Toronto, Ontario – April 4, 2022 – Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF)
("Wallbridge" or the "Company") today announced the appointment of Anthony (Tony) Makuch as Non-
Executive Chair of its Board of Directors, effective April 4, 2022.
“We are now at an inflection point as we focus on advancing the Company’s flagship Fenelon Gold project
and other nearby properties located on our highly-prospective land package in the northern Abitibi region of
Quebec,” said Alar Soever, outgoing Chair of Wallbridge. “Tony has an outstanding track record of
building and operating mines, with more than 35 years of leadership experience in the mining industry and
deep expertise in the Abitibi Greenstone Belt. His track record and experience make him the ideal person to
lead the Wallbridge Board as the Company embarks on this exciting new phase of its evolution.”
Mr. Soever will continue to serve as a director of Wallbridge. Tony has served on the board of Wallbridge
since December 2019.
“The management team at Wallbridge has assembled a land package of outstanding scale and quality in the
Abitibi region of northwestern Quebec, anchored around its cornerstone projects at Fenelon and Martiniere.
Both of these projects have significant growth potential, and there is additional prospectivity and potential
for new discoveries. I am excited to a play a role in supporting the Company’s development at this critical
juncture,” said Mr. Makuch. “On behalf of my fellow directors, the management and shareholders, I would
like to thank Alar for his significant contributions to Wallbridge and I am pleased that we will continue to
benefit from his expertise and knowledge as a director.”
About Wallbridge Mining
Wallbridge is focused on creating value through the discovery, acquisition, development, and production of
gold from a portfolio of exploration and development stage assets located in established mining jurisdictions
within Canada. Wallbridge’s flags hip project, Fenelon Gold, is located on the highly prospective Detour-
Fenelon Gold Trend in Northern Abitibi, Quebec. A Mineral Resource Estimate completed in 2021 validated
the multi-million-ounce potential of Fenelon as well as Wallbri dge’s nearby Martiniere Property,
incorporating a combined 2.67 million ounces of indicated gold resources and 1.72 million ounces of inferred
gold resources. Fenelon and Martiniere, located within a 910-sq uare-kilometre exploration land package
controlled by Wallbridge, have the potential to be developed into mines, and are close to existing power and
transportation infrastructure. Wallbridge also has interests in several copper, nickel and platinum group metal
properties, including a 17.8% interest in Lonmin Canada Inc.
Further information about Wallbridge can be found in the Company’s regulatory filings available on SEDAR
at www.sedar.com and on the Company’s website at www.wallbridgemining.com.
This news release has been authorized by the undersigned on behalf of Wallbridge Mining Company Limited.
For further information please visit the Company's website at www.wallbridgemining.com or contact:
Marz Kord, P. Eng., M. Sc., MBA
President & CEO
Tel: (705) 682‒9297 ext. 251
Email: [email protected]
WALLBRIDGE MINING COMPANY LIMITED
TSX| WM
2|Page
Victoria Vargas, B.Sc. (Hon.) Economics, MBA
Investor Relations Advisor
Email: [email protected]
Forward-Looking Information
Certain statements contained in this news release may be deemed "forward–looking statements" within the meaning of
applicable Canadian securities laws. These forward–looking statements, by their nature, require Wallbridge to make
certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results
to differ materially from those expressed or implied in th ese forward–looking statements. Forward–looking statements
are not guarantees of performance. Words such as "may ", "will", "would", "could", "expect", "believe", "plan",
"anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms usually used
in the future and the conditional, are intended to identify forward–looking statements. Information contained in forward–
looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a
forecast or projection, including management's perceptions of current market conditions, the future prospects of
Wallbridge, historical trends, current conditions and expected future developments, as well as other considerations that
are believed to be appropriate in the circumstances. Wallbridge considers its assumptions to be reasonable based on
information currently available, but cautions the reader that their assumptions regarding future events, many of which
are beyond the control of Wallbridge, may ultimately prove to be incorrect since they are subject to risks and
uncertainties that affect Wallbridge, and its business.
By their nature, forward-looking statements involve nume rous assumptions, inherent risks and uncertainties, both
general and specific, that contribute to the possibility that the predicted outcomes could differ materially from those
contained in such statements. These risks and uncertainties include, but are not limited to, delays in obtaining or failures
to obtain required governmental, regulatory, environmental or other required approval, the actual results of current
exploration activities, fluctuations in prices of commodities, fluctuations in currency markets, actual results of additional
exploration and development activities at the Company’s projects, capital expenditures, the availability of any additional
capital required to advance projects, accidents, or pandemic interruptions.
Although the Company has attempted to identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. These statements reflect the current internal projections, 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 accordance with applicable
securities laws. The Company believes th at the expectations reflected in t hose forward-looking statements are
reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking
statements included in this press release should not be unduly relied upon by investors as actual results may vary.
Risks and uncertainties about Wallbridge’s business are more fully discussed in the disclosure material filed with the
securities 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 nature of the Coronavirus (COVID-19) pandemic, Wallbridge is actively
monitoring the situation in order to continue to maintain as best as possible the activities while striving to protect the
health of its personnel. Wallbridge' activities will continue to align with the guidance provided by local, provincial and
federal authorities in Canada. The Company has establishe d measures to continue normal activities while protecting
the health of its employees and stakeholders. Depending on th e evolution of the virus, measures may affect the regular
operations of Wallbridge and the participation of staff members in events inside or outside Canada.