Mr. Marz Kord reports
WALLBRIDGE ANNOUNCES FILING OF EARLY WARNING REPORT RELATED TO CARUBE COPPER
Wallbridge Mining Company Ltd. has filed an early warning report related to its shareholdings in Carube Copper Corp. As the result of a private placement completed by Carube on Jan. 17, 2020, Wallbridge has ceased to beneficially own or have control or direction over 10 per cent or more of the issued and outstanding common shares of Carube.
As of the date hereof, Wallbridge owns 19,235,911 common shares of Carube. On Jan. 17, 2020, Carube issued 50.1 million common shares, which are listed for trading on the TSX Venture Exchange. As a result of the private placement, Wallbridge's ownership of Carube's common shares decreased by approximately 2.42 per cent to 8.51 per cent.
In the future, Wallbridge may, from time to time, acquire or dispose ownership of, or control or direction over, securities of Carube for investment purposes.
About Wallbridge Mining Company Ltd.
Wallbridge Mining Company is establishing a pipeline of projects that will support sustainable 100,000-ounce-plus annual gold production as well as organic growth through exploration and scalability.
We seek Safe Harbor.
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