Mr. Brian Penny reports

WALLBRIDGE MINING ANNOUNCES CLOSING OF $15.14 MILLION PUBLIC OFFERING

Wallbridge Mining Company Ltd. has closed its previously announced best efforts public offering of: (i) 65 million charity flow-through (FT) units at a price of 15 cents per charity flow-through unit; (ii) 49 million hard-dollar (HD) units at a price of 11 cents per hard-dollar unit, including four million hard-dollar units issued pursuant to the partial exercise of the overallotment option; and (iii) 980,363 warrants (as defined below) at a price of 0.001 cent per warrant, also issued pursuant to the overallotment option exercise, for gross proceeds of $15.14-million. The offering was led by BMO Capital Markets, as sole bookrunner, on behalf of a syndicate of agents, including SCP Resource Finance LP and Paradigm Capital Inc.

Each charity flow-through unit consists of one common share of the company issued on a flow-through basis and one common share purchase warrant of the company. Each FT share underlying the charity flow-through unit qualifies as a flow-through share (within the meaning of Subsection 66(15) of the Income Tax Act (Canada)).

Each hard-dollar unit consists of one common share of the company and one warrant.

Each warrant issued under the offering entitles the holder to purchase one common share of the company at an exercise price of 15 cents for a period of 36 months following the closing date.

The agents were paid a cash commission in connection with the offering.

In connection with the offering, Agnico Eagle Mines Ltd. has agreed to subscribe for 6,275,897 hard-dollar units at a price of 11 cents per hard-dollar unit for aggregate gross proceeds of $690,349. The Agnico private placement is anticipated to close today and was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the company and a predecessor of Agnico. Closing of the Agnico private placement is subject to customary closing conditions.

The net proceeds from the offering and the Agnico private placement will be used for the continued advancement of the company's Fenelon and Martiniere projects, and for general corporate purposes. With the net proceeds from the offering, the company's cash balance as at Oct. 31, 2025, is approximately $31-million.

About Wallbridge Mining Company Ltd.

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 totalling 598 square kilometres that extends approximately 82 kilometres along the Detour-Fenelon gold trend. The property is host to the company's flagship PEA-stage (preliminary economic assessment) Fenelon gold project and its earlier-exploration-stage Martiniere gold project, as well as numerous greenfield gold projects.

We seek Safe Harbor.