Wallbridge Announces Voting Results of Annual and Special Meeting of Shareholders

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Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) held its Annual and Special Meeting of Shareholders on June 12, 2025, with 37.66% of outstanding shares represented. Shareholders approved all proposed matters, including setting the board size at six directors. The meeting saw the election of directors Brian Penny, Janet Wilkinson, Michael Pesner, Jeffery Snow, Danielle Giovenazzo, and Brian Christie, with approval ratings ranging from 85.95% to 89.35%. KPMG LLP was appointed as auditor with 91.47% approval. The Company's Omnibus Long Term Incentive Plan was also ratified with 82.15% of votes in favor.

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TORONTO, June 13, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) held its Annual and Special Meeting of Shareholders (the “Meeting”) on June 12, 2025.

A total of 414,151,722 shares or 37.66% of the outstanding shares of the Company were represented at the Meeting. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and management information circular dated April 30, 2025 (“MIC”) were approved by the requisite majority of votes cast at the Meeting.

Voting on the following matters, as described in the MIC, were as follows:

To Set the Number of Directors at Six (6)

Votes For		Votes Against
Number	Percent	Number	Percent
371,173,554	88.62%	42,978,168	10.38%

Election of Directors for the Ensuing Year

The following directors were elected until the next annual meeting of shareholders or until their successors are otherwise duly elected or appointed: Brian Penny, Janet Wilkinson, Michael Pesner, Jeffery Snow, Danielle Giovenazzo and Brian Christie.

	Votes For		Votes Withheld
	Number	Percent	Number	Percent
Brian Penny	332,763,992	85.95%	54,410,705	14.05%
Janet Wilkinson	345,942,724	89.35%	41,231,973	10.65%
Michael Pesner	339,012,595	87.56%	48,162,102	12.44%
Jeffery Snow	337,076,326	87.06%	50,098,371	12.94%
Danielle Giovenazzo	336,705,377	86.97%	50,469,320	13.04%
Brian Christie	342,128,022	88.37%	45,046,675	11.64%

Appointment of KPMG LLP as Auditor of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration

Votes For		Votes Withheld
Number	Percent	Number	Percent
378,823,556	91.47%	35,328,165	8.53%

To consider, and if thought advisable, pass a resolution to approve, confirm and ratify the Company’s Omnibus Long Term Incentive Plan;

Votes For		Votes Against
Number	Percent	Number	Percent
318,064,931	82.15%	69,109,766	17.85%

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 position totaling 830 km² that extends approximately 97 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 other gold exploration targets.

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

Wallbridge Mining Company Limited

Brian Penny, CPA, CMA Chief Executive Officer Email: bpenny@wallbridgemining.com M: +1 416 716 8346	Tania Barreto, CPIR Director, Investor Relations Email: tbarreto@wallbridgemining.com M: +1 289 819 3012

FAQ

Who are the newly elected directors of Wallbridge Mining (WLBMF) for 2025?

The elected directors are Brian Penny, Janet Wilkinson, Michael Pesner, Jeffery Snow, Danielle Giovenazzo, and Brian Christie.

What was the shareholder participation rate at Wallbridge Mining's 2025 annual meeting?

The meeting had 414,151,722 shares represented, equivalent to 37.66% of the company's outstanding shares.

What percentage of shareholders approved KPMG as Wallbridge Mining's auditor?

KPMG LLP was appointed as auditor with 91.47% of votes in favor (378,823,556 votes).

How did shareholders vote on Wallbridge Mining's Omnibus Long Term Incentive Plan?

The Omnibus Long Term Incentive Plan was approved with 82.15% of votes in favor (318,064,931 votes) and 17.85% against.