Wallbridge Mining Announces Voting Results from its Annual General Meeting of Shareholders
Wallbridge Mining Announces Voting Results from its Annual General Meeting of
Shareholders
TORONTO, May 15, 2017 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7)
("Wallbridge") held its Annual General Meeting of Shareholders (the "Meeting") on May 11, 2017.
A total of 75,954,664 shares or 33% of the outstanding shares of the Company were represented at the
meeting by proxy or in person. All of the matters submitted to the shareholders for approval as set out in
the Company's notice of meeting and information circular dated March 23, 2017, were approved by the
requisite majority of votes cast at the AGM.
The following directors were elected until the next annual meeting of shareholders or until their
successors are otherwise duly elected or appointed: Alar Soever, Parviz Farsangi, W. Warren Holmes,
René Galipeau, Darryl Sittler, Faramarz (Marz) Kord and Elaine Ellingham. All of the directors received
the support of more than 98% of the votes represented at the meeting as follows:
Votes For Votes Withheld
Number Percent Number Percent
Alar Soever 60,398,380 99.77% 141,800 0.23%
Parviz Farsangi 59,974,880 99.07% 565,300 0.93%
W. Warren Holmes 59,976,380 99.07% 563,800 0.93%
René Galipeau 59,976,180 99.07% 564,000 0.93%
Darryl Sittler 60,394,880 99.76% 145,300 0.24%
Faramarz (Marz) Kord 60,376,380 99.73% 163,800 0.27%
Elaine Ellingham 59,694,880 98.60% 845,300 1.40%
Additionally, setting the number of Directors at seven and confirmation of the appointment of KPMG as
Company's auditors were approved with votes of 98.68% and 99.98% respectively.
About Wallbridge Mining
Wallbridge is establishing a pipeline of projects that will support sustainable production and revenue as
well as organic growth through exploration and scalability.
Wallbridge is currently preparing to develop its 100%-owned high-grade gold Fenelon Gold property in
Quebec with exploration underway and a bulk sample and production decision targeted for 2017.
Wallbridge is also in discussions regarding several other advanced stage projects which could become
the Company's next mines. These discussions benefit from the operating capabilities Wallbridge
demonstrated by safely and efficiently mining the Broken Hammer deposit in Sudbury, which was
completed in October 2015.
Wallbridge is also continuing active partner-funded exploration on its large portfolio of nickel, copper, and
PGM projects in Sudbury, Ontario. Currently, Wallbridge is completing a 20,000 metre fully partner-
funded drilling program on its high-grade Parkin nickel-copper-PGM project.
Wallbridge also has exposure to active exploration for copper and gold in Jamaica and British Columbia
through its 12.8% ownership of Carube Copper Corp. ("Carube Copper") (CUC:TSX-V, formerly Miocene
Resources Limited).
For further details relating to the Acquisition, please see the Report, a copy of which is available on
Carube's profile on SEDAR at www.sedar.com.
This press release may contain forward-looking statements (including "forward-looking
information" within the meaning of applicable Canadian securities legislation and "forward-
looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995)
relating to, among other things, the operations of Wallbridge and the environment in which it
operates. Generally, forward-looking statements can be identified by the use of words such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or statements that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Wallbridge has relied on a number of
assumptions and estimates in making such forward-looking statements, including, without
limitation, the costs associated with the development and operation of its properties. Such
assumptions and estimates are made in light of the trends and conditions that are considered to
be relevant and reasonable based on information available and the circumstances existing at this
time. A number of risk factors may cause actual results, level of activity, performance or
outcomes of such exploration and/or mine development to be materially different from those
expressed or implied by such forward-looking statements including, without limitation, whether
such discoveries will result in commercially viable quantities of such mineralized materials, the
possibility of changes to project parameters as plans continue to be refined, the ability to execute
planned exploration and future drilling programs, the need for additional funding to continue
exploration and development efforts, changes in general economic, market and business
conditions, and those other risks set forth in Wallbridge's most recent annual information form
under the heading "Risk Factors" and in its other public filings. Forward-looking statements are
not guarantees of future performance and such information is inherently subject to known and
unknown risks, uncertainties and other factors that are difficult to predict and may be beyond the
control of Wallbridge. Although Wallbridge has attempted to identify important risks and factors
that could cause actual actions, events or results to differ materially from those described in
forward-looking statements, there may be other factors and risks that cause actions, events or
results not to be as anticipated, estimated or intended. Consequently, undue reliance should not
be placed on such forward-looking statements. In addition, all forward-looking statements in this
press release are given as of the date hereof.
Wallbridge disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, save and except
as may be required by applicable securities laws. The forward-looking statements contained
herein are expressly qualified by this disclaimer.
SOURCE Wallbridge Mining Company Limited
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For further information: Please visit the Company's website at www.wallbridgemining.com, or
contact: Wallbridge Mining Company Limited, Joshua Bailey, M.Sc., P.Geo, Vice President
Exploration, Tel: (705) 682-9297 ext. 240, Email: [email protected]; Linda Zubal, Vice
President Corporate Communications, Tel: (705) 682-9297 ext. 263, Email:
CO: Wallbridge Mining Company Limited
CNW 10:46e 15-MAY-17