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Wallbridge secures C$56M from Agnico Eagle and Waratah to advance Fenelon pre-feasibility study.

Company Fundamentals
20 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Wallbridge Mining announced strategic investments totaling approximately C$56 million from Agnico Eagle and Waratah, each acquiring about 19.9% ownership in the company. This capital injection will fund infill drilling and a pre-feasibility study for Wallbridge's flagship Fenelon gold project, expected by late 2027 or early 2028. The company also plans a 20:1 share consolidation and a name change to Sunday Lake Gold, aiming to unlock significant shareholder value as it focuses on advancing Fenelon. Closing is subject to regulatory approval, with a shareholder meeting planned for Q3 2026.

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