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Wallbridge Receives $4.7M of Quebec Refundable Investment Tax Credits

Corporate Updates

Wallbridge Receives $4.7M of Quebec Refundable

Investment Tax Credits

Toronto, Ontario – October 8, 2025 – Wallbridge Mining Company Limited ( TSX: WM ,

OTCQB: WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it received $4.7

million of cash refunds with respect to its 202 4 Quebec Tax Credit Relating to Resources

(“TCRR”) that were claimed on its 2024 Quebec income tax return.

The government of Quebec supports mineral exploration within the province. One incentive that

Wallbridge is entitled to receive is a tax credit that refunds a portion of eligible exploration

expenses incurred and not funded by Quebec Flow Through shares.

The receipt of the TCRR Quebec investment tax credits will be used to continue to advance the

Company’s exploration and development programs at Martiniere , Fenelon and other of the

Company’s mineral properties.

About Wallbridge Mining

Wallbridge is focused on creating value through the exploration and sustainable development of

gold projects in Quebec’s Abitibi region while respecting the environment and communities where

it operates. The Company holds a contiguous mineral property posi tion totaling 598 km 2 that

extends approximately 82 km along the Detour -Fenelon gold trend. The property is host to the

Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere

Gold Project, as well as numerous greenfield gold projects.

For further information please visit the Company’s website at https://wallbridgemining.com/ or

contact:

Brian Penny, CPA, CMA

CEO

Email: [email protected]

M: +1 416 716 8346

Tania Barreto, CPIR

Director Investor Relations

Email: [email protected]

M: +1 289 819 3012

Cautionary Note Regarding Forward-Looking Information

The information in this document may contain forward -looking statements or information (collectively,

"FLI") within the meaning of applicable Canadian securities legislation. FLI is based on expectations,

estimates, projections and interpretations as at the date of this document.

All statements, other than statements of historical fact, included herein are FLI that involve various risks,

assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that

include, but are not limited to, words su ch as "seeks", "believes", "anticipates", "plans", "continues",

"budget", "scheduled", "estimates", "expects", "forecasts", "intends", "projects", "predicts", "proposes",

WALLBRIDGE MINING COMPANY LIMITED

TSX| WM

OTCQB | WLBMF

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"potential", "targets" and variations of such words and phrases, or by statements that certain actions,

events or results "may", "will", "could", "would", "should" or "might", "be taken", "occur" or "be achieved."

FLI in this document may include, but is not limited to: the expected use of proceeds of funds received

under the TCRR ; statements regarding current and future exploration and development activities at

Fenelon and Martiniere (collectively the " Deposits") and other of the Company’s mineral properties ; the

results of the preliminary economic assessment (" PEA"); the Company's ability to convert inferred

resources into measured and indicated resources; environmental matters; stakeholder engagement and

relationships; parameters and methods used to estimate the mineral resource estimates (" MREs") at the

Deposits; the prospects, if any, of the Deposits; and the significance of historic exploration activities and

results.

FLI is designed to help you understand management's current views of its near- and longer-term prospects,

and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve

known and unknown risks, uncertainties and other factors which may cause the actual results,

performance, or achievements of the Company to be materially different from any future results,

performance or achievements expressed or implied by such FLI. Although the FLI contained in this

document is b ased upon what management believes, or believed at the time, to be reasonable

assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the

Company that actual results will be consistent with such FLI, as there may be other factors that cause

results not to be as anticipated, estimated or intended, and neither the Company nor any other person

assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the

Company does not underta ke, and assumes no obligation, to update or revise any such FLI contained in

this document to reflect new events or circumstances. Unless otherwise noted, this document has been

prepared based on information available as of the date of this document. Accordingly, you should not place

undue reliance on the FLI, or information contained herein.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should

underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the

Company's financial position and general economic conditions; the ability of exploration activities to

accurately predict mineralization; the accur acy of geological modelling; the ability of the Company to

complete further exploration activities; the legitimacy of title and property interests in the Deposits; the

accuracy of key assumptions, parameters or methods used to estimate the MREs and in the PEA; the ability

of the Company to obtain required approvals; geological, mining and exploration technical problems;

failure of equipment or processes to operate as anticipated; the evolution of the global economic climate;

metal prices; foreign exchange r ates; environmental expectations; community and non -governmental

actions; and, the Company's ability to secure required funding. Risks and uncertainties about Wallbridge's

business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada,

which are available at www.sedarplus.ca.

Cautionary Notes to United States Investors

WALLBRIDGE MINING COMPANY LIMITED

TSX| WM

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Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the

U.S. Securities and Exchange Commission (the "SEC"). Terms relating to mineral properties, mineralization

and estimates of mineral reserves and mineral resources and economic studies used herein are defined in

accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources

and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on

May 19, 2014, as amended. NI 43 -101 differs significantly from the disclosure requirements of the SEC

generally applicable to US companies. As such, the information presented herein concerning mineral

properties, mineralization and estimates of mineral reserves and mineral resources may not be

comparable to similar information made public by U.S. companies subject to the reporting and disclosure

requirements under the U.S. federal securities laws and the rules and regulations thereunder.