Wallbridge to Advance Fenelon to Pre-Feasibility Study with Strategic Investments from Agnico Eagle and Waratah for Approximately C$56 Million

TORONTO, May 20, 2026 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has entered into definitive agreements with Agnico Eagle Mines Limited (“Agnico Eagle”) and Waratah Capital Advisors Limited, on behalf of certain investment funds managed by it, (“Waratah”) pursuant to which each of Agnico Eagle and Waratah have agreed to acquire such number of common shares that will result in each holding a partially-diluted ownership position of, or control or direction over, approximately 19.9% in the Company, which will result in a capital injection of approximately C$56.0 million into the Company at closing. Brian Penny, Chief Executive Officer of Wallbridge commented: “We are delighted to announce these cornerstone investments from our long-time shareholder Agnico Eagle and by Waratah, who we welcome as a significant new shareholder in the Company.