Wallbridge Mng Co (TSE:WM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Wallbridge Mining Company Limited has participated in a private placement, purchasing 1,487,500 units of NorthX Nickel Corp. for $357,000, thereby owning 19.98% of the company on a partially diluted basis. This strategic investment is bolstered by Wallbridge’s rights to nominate directors to NorthX’s board and other shareholder benefits, as long as their ownership remains above 10%. Wallbridge may adjust its NorthX holdings depending on market conditions.
For further insights into TSE:WM stock, check out TipRanks’ Stock Analysis page.
