Balmoral Resources Ltd.

0.3

Canada & British Columbia Vancouver

700 West Pender Street, Suite 1750

+1 604 638-3664

www.balmoralresources.com

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Company Press Releases

Balmoral Obtains Final Court Order Approving Plan of Arrangement

VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) 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 Limited (“Wallbridge”) pursuant to which Wallbridge has agreed to acquire all of the issued and outstanding shares of Balmoral (the “Balmoral Shares”) in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share (the...

Balmoral Securityholders Approve Arrangement with Wallbridge Mining Company Limited

VANCOUVER, British Columbia, May 08, 2020 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. (“Balmoral” or the “Company”) (TSX:BAR; OTCQX:BALMF) 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 (the “Arrangement”) with Wallbridge Mining Company Limited (WM:TSX) (“Wallbridge”) originally announced March 2, 2020 (see Balmoral...

Eric Sprott Announces Investment in Balmoral Resources Ltd.

Toronto, Ontario--(Newsfile Corp. - May 8, 2020) - 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 (representing approximately 2.5% of the outstanding shares on a non-diluted basis) at an average price of approximately $0.64 per share for aggregate consideration of approximately $2,871,900.Mr. Sprott now beneficially owns and controls 24,885,853 shares and 2,941,176 common share purchase warrants (represe...

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