Wallbridge Mining Company and Balmoral Resources are pleased to announce the completion of the previously-announced Plan of Arrangement between the Parties. With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge [...]
Balmoral Resources announces that it has obtained the final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement with Wallbridge Mining Company pursuant to which Wallbridge has agreed to acquire all of the issued and outstanding shares of Balmoral in exchange for consideration of 0.71 of a common [...]
Eric Sprott announces that, between May 4th and May 8th, 2020, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 4,500,000 common shares of Balmoral Resources Ltd. over the Toronto Stock Exchange at an average price of approximately $0.64 per share for aggregate consideration of approximately $2,871,900 [...]
Balmoral Resources is pleased to announce that an overwhelming majority of the securityholders who cast votes at the Special Meeting of the Company yesterday afternoon in Vancouver, British Columbia and online have voted in favour of the special resolution approving the arrangement with Wallbridge Mining Company originally announced March 2, 2020 [...]
Balmoral Resources announced today a new, very high-grade gold discovery on its Fenelon Property in Quebec. The Reaper gold discovery returned an intercept of 858.00 g/t gold over 1.06 m, as part of a broader 2.97 m wide mineralized zone grading 307.89 g/t gold. The Reaper discovery occurs along the western margin of the Area 51 intrusion on the [...]
Balmoral Resources announced today that the two leading independent institutional proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., have each recommended that shareholders vote FOR the special resolution, as outlined in the Company’s management information circular, whereby Wallbridge Mining will acquire all of [...]
Balmoral Resources Ltd. announced today that it has mailed and filed its management information circular and related meeting materials in connection with a special meeting of the holders of common shares, stock options and deferred share units of the Company to be held on May 7, 2020. The purpose of the Meeting is to seek the Balmoral [...]
Wallbridge Mining Company and Balmoral Resources announced that Balmoral has been granted an interim order by the Supreme Court of BC in connection with the previously announced business combination between the Parties. The Interim Order authorizes Balmoral to proceed with various matters, including the holding of a special meeting of Balmoral [...]
974]Balmoral Resources announced today, following the orders of the Governments of Quebec and Ontario in response to the COVID-19 pandemic, that it has, effective immediately, suspended until further notice its exploration activities in both provinces. Balmoral’s head office in Vancouver was closed in response to the concerns around COVID-19 [...]
Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 4,255,500 common shares of Balmoral Resources Ltd. over the Toronto Stock Exchange at $0.4948 per share for aggregate consideration of approximately $2,105,621. Mr. Sprott now beneficially owns and controls 20,385,853 [...]
Eric Sprott announces that 2176423 Ontario Ltd, a company which he beneficially owns, has entered into a voting and support agreement with Wallbridge Mining in connection with Wallbridge's proposed acquisition of all of the outstanding common shares of Balmoral Resources by way of a plan of arrangement. 2176423 Ontario owns 6,130,353 Shares and [...]
Wallbridge Mining Company and Balmoral Resources announce today that they have entered into a definitive agreement following the signing of a Letter of Intent on February 14, 2020, whereby Wallbridge will, among other things, acquire all of the issued and outstanding shares of Balmoral, in an all-stock transaction, pursuant to a plan of arrangement [...]
