Mr. Marz Kord reports

WALLBRIDGE MINING ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING OF SHAREHOLDERS

Wallbridge Mining Company Ltd. held its annual meeting of shareholders today, June 8, 2023.

A total of 505,795,637 shares or 54.13 per cent 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 28, 2023 (MIC), were approved by the requisite majority of votes cast at the meeting.

Voting on the following matters, as described in the MIC, were conducted by ballot.

To set the number of directors at nine

Votes for                       Votes against    
Number      Per cent      Number     Per cent

432,199,325   89.31%  51,742,497       10.69%

Election of directors for the ensuing year

The directors in the attached table were elected until the next annual meeting of shareholders or until their successors are otherwise duly elected or appointed: Alar Soever, Faramarz (Marz) Kord, Janet Wilkinson, Parviz Farsangi, Michael Pesner, Anthony Makuch, Jeffery Snow, Danielle Giovenazzo and Brian Christie.

                                 Votes for        Votes withheld   
                         Number   Per cent      Number  Per cent

Mr. Soever          447,027,908     92.37%  36,913,914     7.63% 
Mr. Kord            466,152,456     96.32%  17,789,366     3.68% 
Ms. Wilkinson       470,323,251     97.19%  13,618,571     2.81% 
Mr. Farsangi        433,046,528     89.48%  50,895,294    10.52% 
Mr. Pesner          437,856,828     90.48%  46,084,994     9.52% 
Mr. Makuch          474,098,432     97.97%   9,843,391     2.03% 
Mr. Snow            470,655,348     97.25%  13,286,474     2.75% 
Ms. Giovenazzo      471,250,789     97.38%  12,691,333     2.62% 
Mr. Christie        466,997,634     96.50%  16,944,188     3.50%

Appointment of KPMG LLP as auditor of the corporation for the ensuing year and authorizing the directors to fix its remuneration

     
Votes for                     Votes withheld   
Number       Per cent      Number   Per cent

500,375,204    98.93%   5,420,433      1.07%

About Wallbridge Mining Company Ltd.

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon gold trend while respecting the environment and communities where it operates.

Wallbridge's flagship project, Fenelon Gold, is located on the highly prospective Detour-Fenelon gold trend property in Quebec's Northern Abitibi region. An updated mineral resource estimate completed in January, 2023, yielded significantly improved grades and additional ounces at the 100-per-cent-owned Fenelon and Martiniere projects, incorporating a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources.

Fenelon and Martiniere are located within an 830-square-kilometre exploration land package controlled by Wallbridge. The company believes that these two deposits have good potential for economic development, especially given their proximity to existing hydro-electric power and transportation infrastructure. In addition, Wallbridge believes that the extensive land package is extremely prospective for the discovery of additional gold deposits.

Wallbridge also holds a 19.9-per-cent interest in the common shares of Archer Exploration Corp. as a result of the sale of the company's portfolio of nickel assets in Ontario and Quebec in November of 2022.

Wallbridge will continue to focus on its core Detour-Fenelon gold trend property while enabling shareholders to participate in the potential economic upside in Archer.

We seek Safe Harbor.