Wedgemount Resources Closes First Tranche of Private Placement
Vancouver, BC — November 5, 2025 — Leads & Copy — Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) has closed the first tranche of its private placement financing, raising CAD$107,500.
The company issued 2,150,000 units at CAD$0.05 per unit. Each unit comprises one common share and one-half of one transferable common share purchase warrant. Each warrant allows the holder to acquire one common share at CAD$0.12 for two years from the issuance date.
The securities are subject to a statutory hold period ending on March 6, 2026. Finder’s fees may be paid in connection with the offering, consisting of a 7% cash commission and 7% in warrants on total units sold by the finder. Wedgemount Resources intends to use the net proceeds for general working capital purposes.
The company also granted 1,550,000 stock options exercisable for three years at CAD$0.05 per share to directors, officers, and consultants. The stock options fully vested upon grant.
Wedgemount Resources is a junior natural resource company focused on acquiring, developing, and exploiting oil and gas projects in Texas, USA.
Mark Vanry, President and CEO
Telephone: (604) 343-4743
info@wedgemountresources.com
Source: Wedgemount Resources Corp.
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