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Wedgemount Resources Closes Non-Brokered Private Placement
Vancouver, BC — May 29, 2025 — NewsWall — Wedgemount Resources Corp. has announced the closing of a non-brokered private placement, raising CAD$540,235 through the issuance of 8,311,317 units at CAD$0.065 per unit. Each unit includes one common share and one-half of a transferable common share purchase warrant. Each whole warrant allows the holder to acquire one common share at CAD$0.12 until May 26, 2027.
In connection with the offering, the company paid finder’s fees of CAD$26,043 and issued 215,600 finder warrants, exercisable at $0.12 until May 26, 2027.
The company intends to allocate the net proceeds from the offering to general working capital purposes.
All securities issued under the offering are subject to a hold period expiring May 27, 2025, in accordance with the rules and policies of the Canadian Securities Exchange and applicable Canadian securities laws.
Mark Vanry, President and CEO
For more information, contact:
Telephone: (604) 343-4743
info@wedgemountresources.com
Source: Wedgemount Resources Corp.