Wallbridge Mining Company Limited announced that it has signed a definitive letter agreement whereby Lonmin Limited, has appointed Wallbridge as operator of Lonmin Canada Inc.'s "Loncan", a wholly owned subsidiary of Lonmin Limited's "Lonmin" advanced-stage Denison Property. Pursuant to the terms of the Agreement, Wallbridge has received a 20% ownership interest in Loncan and a seat on Loncan's board of directors. The company announced that Francois Demers, Vice President, Mining & Projects of Wallbridge, has been appointed to lead all Wallbridge matters as they relate to Loncan in addition to Wallbridge's existing joint venture agreements with Lonmin.