Wallbridge Mining Company Limited provided an update on the progress on its Broken Hammer copper and PGE project in Sudbury. Five additional drill holes were completed at the Broken Hammer project this winter to support geotechnical studies and final pit design. 12.07 metres of 3.80 g TPM/t, 0.33% Cu, 0.03% Ni in WIS-132 below the current pit, outside the resource; 0.88 metres of 58.45g TPM/t, 1.06% Cu, 0.08% Ni in WIS-133 below the current pit, outside the resource. Drill holes WIS-129, WIS-130 and WIS-131 were completed for a geotechnical study of the pit wall slope stability and intersected significant new mineralization, mostly within the 2012 prefeasibility study pit. Drill holes WIS-132 and WIS-133 tested an area where the mineralization extended below the current pit limits beneath the eastern portion of the resource. Results show the mineralization extends into this area and support ongoing optimization of the pit design to include this area. A summary of the assay results is included below. The Broken Hammer mineralization forms a stockwork of mineralized structures with several orientations ranging from centimeters up to about 10 metres in true thickness. Because of the irregular nature of the veins, the true width of individual mineralized intervals is variable. Samples were prepared at ALS Chemex Ltd. laboratories in Sudbury and then shipped to their analytical facilities in Vancouver. Samples were analyzed for Au, Pt, and Pd by standard lead collection, fire assay fusion with an atomic emission spectrometry (ICP-AES) finish. Samples were analyzed for base metals, silver and trace elements using a four acid (HNO3-HCIO4-HF and HCI) near total digestion and a combination of ICP-MS and ICP-AES finish. Wallbridge announced positive results from a prefeasibility study in October, 2012. The prefeasibility study recommended that the project proceed to a full feasibility study to include securing necessary permits, a milling and processing contract, and mining contracts in order to support a decision by Wallbridge's board of directors to proceed with production. The mineralization at Broken Hammer is part of a much larger mineralized system that is open to depth and along strike and has very significant exploration upside.

Wallbridge Mining Co. Ltd. announced that it has received written notice from the Ontario Ministry of Northern Development & Mines that the certified Broken Hammer Project mine closure plan has been considered filed pursuant to section 143.(8) of the Mining Act, R.S.O. 1990, Chapter M14. Based on the success of a 30,000 tonne bulk sample from the Broken Hammer Zone, excavated and processed in 2011, Wallbridge completed an updated mineral resource estimate and subsequently completed a prefeasibility study in 2012 to determine the economics of the project.

Wallbridge Mining Co. Ltd., Annual General Meeting, May 09, 2013., at 16:30 US Eastern Standard Time. Location: The Strathcona Hotel, Wellington Room, 60 York Street. Agenda: To receive the audited consolidated financial statements of the corporation for the financial year ended December 31, 2012 and the report of the auditors on such financial statements; to elect directors for the ensuing year; to appoint auditors and authorize the directors to fix the auditors remuneration; to consider and, if deemed advisable, to approve the adoption of the corporation's omnibus share based compensation plan; to consider and approve omnibus share based compensation plan is not approved by the shareholders, to consider and, if deemed advisable, to pass with or without amendment, a resolution to amend the corporation's rolling stock option plan and approve, ratify and confirm the stock option plan as so amended; and to transact all such other business as may properly come before the meeting and any and all adjournments thereof.