Press ReleasesApril 11, 2007
Wallbridge Annual General Meeting to be held at TSX Broadcast Centre
Toronto, Ontario -- April 11, 2007 -- Wallbridge Mining Company Limited (TSX:WM; FWB: WC7) announces that their Annual General Meeting of Shareholders will be held at the TSX Broadcast Centre in Toronto on Tuesday, April 17th at 4:30 p.m. The Broadcast Centre is located at 130 King Street West.
The agenda includes a formal meeting with presentations by management. The presentations will focus on the value generated in the Company during 2006 including the successful spin-out of Wallbridge's Minnesota properties to Duluth Metals. Wallbridge currently owns 10 million shares of Duluth Metals and shareholders received 11.8 million special warrants in 2006 that were converted to Duluth Metals shares. The presentations will also provide an update on the Frost Lake, Skynner Lake, Wisner and Trill properties as well as other Company exploration activities. For those unable to attend in person, a transcript of the remarks and the accompanying PowerPoint presentation will be posted on the Wallbridge website at www.wallbridgemining.com.
Wallbridge currently has interests in 37 exploration properties covering in excess of 650 square kilometres of footwall rocks to the Sudbury Igneous Complex. The Company is the third largest landholder in the Sudbury camp, after CVRD Inco Limited and Xstrata Nickel. Wallbridge holds a 100% interest in 14 of the properties. Seven other properties are part of the Company's Sudbury Camp Joint Venture with Lonmin Plc. Another six properties are held in joint venture with Xstrata Nickel.
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 Basin 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
Email: [email protected]
Mara Strazdins, Vice-President, Investor Relations
Tel: (416) 369-1500 ext 222
Email: [email protected]
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.