Wallbridge Mining Company Limited (TSX: WM) (OTCQB: WLBMF) is pleased to announce that it received $4.7 million of cash refunds with respect to its 2024 Quebec Tax Credit Relating to Resources that were claimed on its 2024 Quebec income tax return.

The government of Quebec supports mineral exploration within the province. One incentive that Wallbridge is entitled to receive is a tax credit that refunds a portion of eligible exploration expenses incurred and not funded by Quebec Flow Through shares.

The receipt of the TCRR Quebec investment tax credits will be used to continue to advance the Company’s exploration and development programs at Martiniere, Fenelon and other of the Company’s mineral properties.

About Wallbridge Mining

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 totaling 598 km² that extends approximately 82 km along the Detour-Fenelon gold trend. The property is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects.