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Oil & Gas

Wedgemount Resources raises $250K in second tranche of private placement  

Wedgemount Resources Corp (CSE:WDGY, OTCQB:WDGRF) announced that it has closed the second tranche of its $790,000 private placement, raising $250,000 to fund general working capital.

The tranche included 3.85 million units priced at $0.065, each with a share and a half-warrant exercisable at $0.12 until June 2027.

In total, 12.16 million units and 400,700 finder warrants were issued, with $26,000 paid in finder’s fees