Wallbridge Temporarily Evacuates Fenelon Camp, Suspends Exploration Due to Quebec Forest Fire Risk

About this update from Wallbridge Mining Co. Ltd.

TORONTO, July 02, 2026 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) ("Wallbridge" or the "Company") announces that it has temporarily evacuated the camp at its 100% owned Fenelon Gold project ("Fenelon") and suspended all drilling and related exploration activities on its Detour-Fenelon Gold Trend Property following an evacuation order issued by SOPFEU (Société de protection des forêts contre le feu) and Quebec's Ministère des Ressources naturelles et des Forêts due to increasing wildland fire danger in the area. "The health and safety of our employees and contractors is our highest priority," said Brian Penny, CEO of Wallbridge. "Immediately upon receiving the evacuation order from SOPFEU late afternoon on July 1, we activated our emergency response procedures and safely evacuated all site personnel to Amos, Quebec. I thank the entire Fenelon project team for their professionalism, discipline, and exceptional response in carrying out a safe and orderly evacuation under rapidly evolving circumstances. The Company will continue to monitor conditions closely and will resume exploration activities when authorities determine it is safe to do so." Information pertaining to the status of the forest fires in Quebec can be found here: https://www.sopfeu.qc.ca/en/current-situation/ 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. For further information please visit the Company's website at https://wallbridgemining.com/ or contact: Cautionary Note Regarding Forward-Looking Information The information in this document may contain forward-looking statements or information (collectively, "FLI") within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretations as at the date of this document.

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