Wedgemount Resources Corp.

Recent News

• Wedgemount Resources Announces Change of Auditor

  Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company") announces that pursuant to National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102"), on May 23, 2023, D&H Group LLP, Chartered Professional Accountants ("D&H"), was asked to resign by the directors of the Company (the "Board"), as the Company's auditor, and the Board resolved to appoint Davidson & Company LLP, Chartered Professional Accountants ("Davidson"), as the Company's successor auditor...

  2023-05-25 3:29 PM EDT
• Wedgemount Receives More Than $850,000 in Warrant Exercise Proceeds

  Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that since of beginning of calendar 2023, the Company has received $886,000 in proceeds through the exercise of 8,886,000 warrants. The warrants were scheduled to expire in September 2023. Proceeds from the warrant exercises will be used to fund field activities and further acquisitions in the Company's core central Texas operating area. About Wedgemount...

  2023-05-24 8:30 AM EDT
• Wedgemount Resources Announces Closing of Private Placement

  Vancouver, British Columbia--(Newsfile Corp. - May 19, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has closed the non-brokered private placement announced May 11, 2023, by issuing 5,375,000 units (each a "Unit") at CAD$0.17 per Unit for gross proceeds of CAD$913,750 (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 (1) transferable Common Share purchase warrant...

  2023-05-19 3:44 PM EDT
• Wedgemount Announces Non-Brokered Private Placement

  Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it intends to complete a non-brokered private placement of up to 4,794,118 units (each a "Unit") at CAD$0.17 per Unit for gross proceeds of up to CAD$815,000 (the "Offering"). Each Unit is comprised of one (1) common share in the capital of the Company (each a "Common Share") and one (1) transferable Common Share purchase warrant (each a...

  2023-05-11 8:30 AM EDT
• Wedgemount Commences Initial Well Workover Program

  Vancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce the commencement of the Company's initial Permian Basin well workover program.Workovers will be completed on a minimum of six producing Willowbend and Millican wells. The goal of the program is to optimize well pump performance, post the recently completed chemical treatments to further enhance well productivity. Since the acquisition of Millican and Willowbend, the Company...

  2023-05-09 8:30 AM EDT
• Wedgemount Announces Option Grant

  Vancouver, British Columbia--(Newsfile Corp. - April 25, 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 475,000 common shares in the capital of the Company (each a "Common Share"). The Options are exercisable for a five-year term expiring on April 25, 2028, at a price of $0.17 per Option. The Options are subject to vesting provisions, with 1/4...

  2023-04-25 10:38 PM EDT
• Wedgemount Announces Five-Fold Increase in Daily Production

  Vancouver, British Columbia--(Newsfile Corp. - April 25, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce updated production results from the Company's Willowbend project and newly acquired Millican light oil project, both located in the Permian Basin of Central Texas (the "Projects"). As of April 24, 2023, the Company's total field production had increased to 153 boepd. This represents a five-fold increase since the Willowbend and Millican assets...

  2023-04-25 8:30 AM EDT
• Wedgemount Announces Closing of Final Tranche of Private Placement

  Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has closed the second and final tranche of a non-brokered private placement announced March 28, 2023, by issuing 708,224 units (each a "Unit") at CAD$0.17 per Unit for gross proceeds of CAD$120,398 (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...

  2023-04-20 5:30 PM EDT
• Wedgemount Resources Announces Closing of Willowbend Permian Basin Asset Acquisition

  Vancouver, British Columbia--(Newsfile Corp. - April 3, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), is pleased to announce that it has closed its acquisition of certain West Texas, Permian Basin, oil and gas production assets know as the Willowbend assets (the "Assets") (announced October 27, 2022 and December 19, 2022). Having completed payments totalling US$1,500,000, Wedgemount, through its wholly owned Texas subsidiary Wedgemount Texas Corp. ("WTC"), has assumed a 100% working interest,...

  2023-04-03 8:30 AM EDT
• Wedgemount Resources Closes Permian Basin Asset Acquisition and Financing

  Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces that it has closed its recently announced Millican light oil (the "Assets") acquisition (see press release dated March 21, 2023) located in the Permian Basin of west central Texas, USA. The Company completed a payment to the arm's length vendor of USD$160,000 for a 100% working interest in the Assets, subject to a 19% underlying royalty. The...

  2023-03-28 8:30 AM EDT