Press ReleasesSeptember 07, 2006
Wallbridge Announces Board and Management Appointments
Toronto, Ontario -- September 7, 2006 -- Wallbridge Mining Company Limited (TSX: WM) is pleased to announce the appointment of René R. Galipeau as a director of the Company and the appointment of Michael Pigozzo as Chief Financial Officer.
Mr. Galipeau has also been appointed as Chairman of the Audit Committee in replacement of Mr. Christopher Dundas, who remains a director of the Company, but will be devoting most of his time to Duluth Metals Limited.
René R. Galipeau, CGA, is the current Vice-Chairman and CEO of Nuinsco Resources Limited. He has been a Director of Nuinsco since 1993. A seasoned mining executive with 34 years experience, René Galipeau has held senior positions with a number of gold and base metal mining companies in Canada and the United States, most recently as Executive Vice-President and CFO for Breakwater Resources Ltd. Mr. Galipeau is also a director of several public and private companies.
Michael Pigozzo is a graduate of Laurentian University with an Honours Bachelor of Commerce degree and a CMA designation. He is a Member of the Society of Management Accountants of Ontario. Michael was formerly Senior Financial Accountant/Stock Options & ESPP Administrator with an enterprise content management software vendor. Prior to that, he held positions as Senior Financial Analyst, and Senior Accountant with both private and publicly-traded automotive parts manufacturers.
Michael Pigozzo replaces Guy Mahaffy, who has left the Company to pursue other interests
"René Galipeau comes to Wallbridge with excellent mining experience and a solid financial background, and will be a very valuable director," said Risto Laamanen, Wallbridge Chairman and Chief Executive Officer. "We look forward to having both Mr. Galipeau and Mr. Pigozzo as a part of the Wallbridge team."
Wallbridge Mining Company Limited explores for and develops nickel, copper and platinum group element (PGE) deposits. The Company's principal properties are located in the Sudbury Basin in Ontario. The Sudbury area hosts the world's largest concentration of nickel deposits and is currently the most active mining camp in North America. Wallbridge also has a major shareholding in Duluth Metals Limited, which has a significant property position in the rapidly emerging Duluth Complex base metal camp in Minnesota.
For Further Information
Please visit the Company's website at www.wallbridgemining.com, or contact:
Wallbridge Mining Company Limited
Alar Soever, President
Tel: (705) 682-9297
CHF Investor Relations
Mara Strazdins, P.Geo., Vice President
Tel: (416) 868-1079 ext. 222
This document may contain forward-looking statements relating to Wallbridge's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Wallbridge's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. 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.