Wedgemount Enters into Promissory Notes
(TheNewswire)
Vancouver, BC – June 26, 2025– Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF) (“ Wedgemount ” or the “ Company ”), announcesit has entered into promissory notes with an arm’s length lender(the “ Lender ”) for a combined amount of approximately CAD$369,560 (the“ Loan ”).
The two promissory notes, dated June 25, 2025, are inprincipal amounts of CAD$284,000 and USD$62,00, respectively, withannual interest payments on the outstanding principal balance of eachaccruing at the rate of ten percent (10%) per annum, calculatedannually in arrears, and payable on demand. The Loan is repayablewithin 30 days of the Lender providing the Company with writternnotice of demand.
The Company intends to use the proceeds from the Loanfor general working capital purposes.
About Wedgemount ResourcesCorp .
Wedgemount Resources is a junior oil and gas companyfocused on maximizing shareholder value through the acquisition,discovery and advancement of natural resource projects in NorthAmerica.
On behalf of the Board of Directors,
WEDGEMOUNT RESOURCES CORP.
Mark Vanry, President and CEO
For more information, please contact the Companyat:
Telephone: (604) 343-4743
ReaderAdvisory
This news release may containstatements which constitute “forward-looking information”,including statements regarding the plans, intentions, beliefs andcurrent expectations of the Company, its directors, or its officerswith respect to the future business activities of the Company. Thewords “may”, “would”, “could”, “will”, “intend”,“plan”, “anticipate”, “believe”, “estimate”,“expect” and similar expressions, as they relate to the Company,or its management, are intended to identify such forward-lookingstatements. Forward looking statements made in this news releaseinclude the proposed use of the proceeds of the Loan. Investors arecautioned that any such forward-looking statements are not guaranteesof future business activities and involve risks and uncertainties, andthat the Company’s future business activities may differ materiallyfrom those in the forward-looking statements as a result of variousfactors, including, but not limited to, availability of funds,personnel and other resources necessary to conduct exploration ordevelopment programs, successes of the Company’s explorationefforts, availability of capital and financing and general economic,market or business conditions. There can be no assurances that suchinformation will prove accurate and, therefore, readers are advised torely on their own evaluation of such uncertainties. The Company doesnot assume any obligation to update any forward-looking informationexcept as required under the applicable securities laws.
Neither the Canadian SecuritiesExchange nor the Investment Industry Regulatory Organization of Canadaaccepts responsibility for the adequacy or accuracy of thisrelease.
NOT FOR DISTRIBUTION TO U.S.NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANYFAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OFU.S. SECURITIES LAWS.
Copyright (c) 2025 TheNewswire - All rights reserved.
NASDAQ: WDGRF
WDGRF Trading
-1.97% G/L:
$0.0349 Last:
31,000 Volume:
$0.0349 Open:
