Wedgemount Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company") announces it has approved the grant of stock options (each, an "Option") to acquire up to 800,000 common shares in the capital of the Company (each a "Common Share"). The Options are exercisable for a five-year term expiring on March 4, 2030, at a price of $0.10 per Option. Any Common Shares issued pursuant to the exercise of the Options,...
2025-03-04 8:11 PM EST
Wedgemount Announces Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company") is pleased to provide an update on its operations and corporate activities.Operations UpdateDue to extreme cold weather conditions over the past few weeks, Wedgemount proactively shut-in oil production and processing to protect its wells and facilities from potential damage. In light of the return of more seasonal temperatures this week, the...
2025-01-29 7:30 AM EST
Wedgemount Resources Corp. Provides Third Management Cease Trade Order Update
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Wedgemount Resources Corp. (CSE: WDGY) ("Wedgemount" or the "Company") is providing a third update with respect to its previously announced management cease trade order ("MCTO") issued by the Company's principal regulator, the British Columbia Securities Commission (the "BCSC"), on November 29, 2024. The Company and its auditors continue to work diligently to file the audited annual financial statements and related...
2025-01-13 4:44 PM EST
Wedgemount Resources Corp. Provides Second Management Cease Trade Order Update
Vancouver, British Columbia--(Newsfile Corp. - December 27, 2024) - Wedgemount Resources Corp. (CSE: WDGY) ("Wedgemount" or the "Company") is providing a second update with respect to its previously announced management cease trade order ("MCTO") issued by the Company's principal regulator, the British Columbia Securities Commission (the "BCSC"), on November 29, 2024. The Company and its auditors continue to work diligently to file the audited annual financial statements and related...
2024-12-27 7:30 AM EST
Wedgemount Announces Operations Update
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to provide an operations update for the Company's West Central Texas oil and gas operations. Huggy Acquisition UpdateAll natural gas transmission flow lines have been repaired and replaced where necessary in order to facilitate gas sales to third party purchasersCertain gas wells have been re-classified as oil wells with the RRC...
2024-12-18 7:30 AM EST
Wedgemount Resources Corp. Provides Management Cease Trade Order Update
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Wedgemount Resources Corp. (CSE: WDGY) ("Wedgemount" or the "Company") is providing an update with respect to its previously announced management cease trade order ("MCTO") issued by the Company's principal regulator, the British Columbia Securities Commission (the "BCSC"), on November 29, 2024. The Company and its auditors continue to work diligently to file the audited annual financial statements and related management's...
2024-12-13 5:00 PM EST
Wedgemount Announces Delay in Filing 2024 Annual Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2024) - Wedgemount Resources Corp. (CSE: WDGY) ("Wedgemount" or the "Company"), announces that its annual financial statements for the year ended July 31, 2024, the related management discussion and analysis, certifications of the Chief Executive Officer (the "CEO") and the Chief Financial Officer (the "CFO"), and the annual oil and gas filings required under Part 2 of National Instrument 51-101 – Standards of Disclosure for Oil and...
2024-11-29 6:08 PM EST
Wedgemount Announces Huggy Operations Update
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce details of its ongoing enhancement and remediation program for the Company's recently acquired producing oil and gas assets (the "Huggy Asset" or "Huggy") in west central Texas.The Company's Huggy Asset remediation program is designed to optimize well production through proprietary chemical treatments, well workovers...
2024-11-15 7:30 AM EST
Wedgemount Announces Initial Operations Update Post Huggy Acquisition
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to provide an operations update for the Company's west central Texas oil and gas operations. Since the closing of the Company's recently announced Huggy asset acquisition and concurrent financing, Wedgemount's operations team has commenced optimization of wells and surface facilities in both the Echo and Novice fields which make up...
2024-10-09 7:30 AM EDT
Wedgemount Announces Marketing and Services Agreements
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has entered into agreements with each of Outside the Box Capital Inc. ("OBC"), Proactive Investors North America Inc. ("Proactive") and Oak Hill Financial Inc, ("Oakhill") to provide services to the Company, subject to approval by the Canadian Securities Exchange. OTB's scope of work will include, but not be limited to,...
2024-09-16 5:00 PM EDT
Wedgemount Closes Second Tranche of Over-Subscribed Debenture Offering
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that it has closed the second tranche of its non-brokered private placement of convertible debenture units (a "Debenture Unit") of the Company at a price of $1,000 per Debenture Unit. The convertible debenture offering was over-subscribed. Under the second tranche, a total of 745 Debenture Units were sold for gross...
2024-09-12 5:53 PM EDT
Wedgemount Resources Announces Completion of Acquisition of Additional Permian Basin Assets
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that it has closed the acquisition of additional oil and gas assets (the "Huggy Assets") located in the Permian Basin of west central Texas pursuant to a Purchase and Sale Agreement ("PSA") with an arm's length private company (the "Seller") located in Texas, USA. Under the PSA, Wedgemount has acquired a 100% working...
2024-08-26 7:30 AM EDT
Wedgemount Announces Completion of First Tranche of Debenture Offering
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Wedgemount Resources Corp. (CSE: WDGY) ("Wedgemount" or the "Company") is pleased to announce, further to the news release dated July 29, 2024, that it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Offering") of convertible debenture units (the "Debenture Units") of the Company at a price of CAD$1,000 per Debenture Unit. Under the First Tranche, a total of 1,615 Debenture Units...
2024-08-22 7:39 PM EDT
Wedgemount Resources Announces Transformational Acquisition of Additional Permian Basin Assets and CAD$2.0 Million Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that it has entered into a Purchase and Sale Agreement ("PSA") for the acquisition of additional oil and gas assets (the "Huggy Assets") located in the Permian Basin of west central Texas. The PSA is with an arm's length private company (the "Seller") located in Texas, USA. Acquisition Highlights - Huggy Operations,...
2024-07-29 8:30 AM EDT
Wedgemount Announces Commencement of Summer Field Program and Production Update
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce details of its upcoming summer 2024 field program focusing on the Company's recently acquired TCS assets.The TCS leases consist of eight vertical production wells and one injector. All eight wells will undergo workovers and chemical treatments similar to our Willowbend and Millican assets. To date, the average sustained...
2024-06-11 8:30 AM EDT
Wedgemount Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has approved the grant of stock options (each, an "Option") to acquire up to 430,000 common shares in the capital of the Company (each a "Common Share"). The Options are exercisable for a five-year term expiring on April 11, 2029, at a price of $0.15 per Option. Any Common Shares issued pursuant to the exercise of the...
2024-04-11 8:00 AM EDT
Wedgemount Announces Operations Update
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to provide a production update for the Company's west central Texas oil and gas operations. During February 2024, Wedgemount completed the majority of its planned '23/'24 capital expenditure programs on its Willowbend and Millican assets including chemical well stimulations and work-overs as well as surface facility improvements....
2024-03-06 8:30 AM EST
Wedgemount Announces New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that Mr. Steve Vanry, CFA, has been appointed as Chief Financial Officer of the Company. Mr. Vanry has 25 years of professional experience in senior management positions with public and private companies, providing expertise in capital markets, strategic planning, corporate finance, mergers and acquisitions, regulatory...
2024-01-16 8:30 AM EST
Wedgemount Announces Production Enhancement Program Update
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce an update on its well stimulation and facility optimization programs for the Company's central Texas oil and gas assets.A total of twenty operating wells have been treated to date - thirteen of which have undergone reservoir stimulations, an additional six have had near wellbore chemical treatments and one injection...
2024-01-08 8:30 AM EST
Wedgemount Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has approved the grant of incentive stock options (each, an "Option") to acquire up to 700,000 common shares in the capital of the Company (each a "Common Share"). The Options are exercisable for a five-year term expiring on December 15, 2028, at a price of $0.08 per Option. Any Common Shares issued pursuant to the exercise of...
2023-12-15 5:00 PM EST