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Oil & Gas

Wedgemount Resources to proceed with second tranche of private placement

Wedgemount Resources Corp (CSE:WDGY, OTCQB:WDGRF) plans to complete a second tranche of its non-brokered private placement, offering up to 4 million units at $0.065 each for gross proceeds of $260,000.

Each unit includes one share and half a warrant, with full warrants exercisable at $0.12 for two years. Finder’s fees of 7% cash and 7% in warrants may apply.

Proceeds will support general working capital.

The first tranche closed on May 28, 2025.