Loading ...VANCOUVER, British Columbia and TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (WM.TO) (“Wallbridge”) and Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) (collectively the “Parties”) are pleased to announce the completion of the previously-announced Plan of Arrangement (the “Arrangement”) between the Parties. With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares (the “Balmoral Shares”) of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share.
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