COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Wedgemount Announces Closing of Second Tanche of Private Placement
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 Closing of Second Tanche of Private Placement
Vancouver, BC – June 1 7, 202 5 – Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF)
(“Wedgemount” or the “ Company”), is pleased to announce it has closed the second tranche of its
previously announced non-brokered, $780,000 private placement (the “Offering”).
Pursuant to the closing of the second tranche the Company issued 3,846,323 units (each a “ Unit”) at
$0.065 per Unit for gross proceeds of $250,011 (the “Offering”). Each Unit entitled the holder to receive
one (1) common share in the capital of the Company (each a "Common Share") and one-half of one (1/2)
transferable Common Share purchase warrant (each a “ Warrant”). Each whole Warrant entitles the
holder to acquire one (1) Common Share at $0.12 until June 12, 2027.
In connection with the Offering, the Company issued at total of 12,157,640 units for gross proceeds of
$790,247, paid finder’s fees of $26,043, and issued 400,660 finder warrants (each, a “ Finder Warrant”),
to eligible finders. The Finder Warrants are exercisable at $0.12 until May 26, 2027.
The Company intends to use the net proceeds from the Offering for general working capital purposes.
Securities issued under the second tranche of the Offering, including securities issuable on exercise
thereof, are subject to a hold period expiring October 13, 2025, in accordance with the rules and policies
of the Canadian Securities Exchange and applicable Canadian securities laws.
About Wedgemount Resources Corp.
Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through
the acquisition, discovery and advancement of natural resource projects in North America.
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
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.