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WDGY.CN ·

COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Wedgemount Announces Non-Brokered Private Placement

Financings

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO

COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

Wedgemount Announces Non-Brokered Private Placement

Vancouver, BC – May 1 2, 2025 – Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF)

(“Wedgemount” or the “Company”), announces it intends to complete a non-brokered private placement

of up to 12,000,000 units (each a “Unit”) at CAD$0.065 per Unit for gross proceeds of up to CAD$780,000

(the “Offering”). Each Unit is comprised of one (1) common share in the capital of the Company (each a

"Common Share") and one half of one (1/2) non-transferable Common Share purchase warrant (each a

“Warrant”). Each whole Warrant entitles the holder to acquire one (1) Common Share at CAD$0.12 for

two years from the date of issuance. In connection with the Offering, the Company may pay finder’s fees

to qualified non-related parties, in accordance with the policies of the Exchange, being 7% cash

commission on total proceeds raised by the finder and 7 % in Warrants on total Units sold by the finder.

The Company intends to use the net proceeds from the Offering for general working capital purposes. All

securities issued under the Offering, including securities issuable on exercise thereof, will be subject to a

hold period expiring 4 months and 1 day after issuance, in accordance with the rules and policies of the

Exchange and applicable Canadian securities laws.

About Wedgemount Resources Corp.

Wedgemount Resources is a junior oil & gas company focused on maximizing shareholder value through

the acquisition, development and exploitation of natural resource projects in Texas, USA.

On behalf of the Board of Directors,

WEDGEMOUNT RESOURCES CORP.

Mark Vanry, President and CEO

For more information, please contact the Company at:

Telephone: (604) 343-4743

[email protected]

www.wedgemountresources.com

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including

statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors,

or its officers with respect to the future busine ss activities of the Company. The words “may”, “would”,

“could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as

they relate to the Company, or its management, are intended to identify such forward-looking statements.

Forward looking statements made in this news release include the proposed use of the proceeds of the

Offering. Investors are cautioned that any such forward-looking statements are not guarantees of future

business activities and involve risks and uncertainties, and that the Company’s future business activities

may differ materially from those in the forward-looking statements as a result of various factors, including,

but not limited to, availability of funds, personnel and other resources necessary to conduct exploration or

development programs, successes of the Company’s exploration efforts, availability of capital and

financing and general economic, market or business conditions. There can be no assurances that such

information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such

uncertainties. The Company does not assume any obligation to update any forward-looking information

except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada

accepts responsibility for the adequacy or accuracy of this release.