Wedgemount Resources Corp. , is pleased to provide details of the Company's newly launched production enhancement program post the closing of its recently announced oversubscribed financing. Wedgemount's Permian Basin oil and gas leases currently include 131 vertical production wells and 14 injectors over 22,000 acres in Runnels and Coleman counties, Texas. Reactivation Strategy Wedgemount will initially undertake [...]
Wedgemount Resources is pleased to announce that its common shares have commenced trading on the Frankfurt Stock Exchange under the symbol "8H5", marking a significant step in the Company's strategy to broaden its international investor base and enhance global market visibility. The Company's shares will continue to trade on the Canadian Securities Exchange under the symbol WDGY. The Frankfurt listing positions Wedgemount [...]
Wedgemount Resources announces an agreement to assign a Net Revenue Interest in the Company's west central Texas oil and gas assets to two arm's length third parties for proceeds of $USD 235,000. Under the terms of the NRI, Wedgemount will pay the Assignees 10% of the Company's net revenues realized by Wedgemount Texas Corp. until 100% return of capital. Thereafter the NRI will be reduced to 6.5% until the Assignees have [...]
Wedgemount Resources is pleased to announce the Company has entered into an agreement with Machai Capital Inc. dated April 7, 2026, pursuant to which Machai will lead the Company's marketing, advertising, and public awareness activities and deploy a comprehensive digital media marketing program including multi-platform digital campaigns, social media amplification, and targeted investor communications. Machai will provide [...]
Wedgemount Resources Corp. On April 7, 2026, Mark Vanry reports that he acquired of 2,190,000 common shares of the Issuer and was granted 500,000 RSUs, on a direct basis on April 6, 2026. Prior to the acquisition, the Acquiror owned and controlled 4,627,500 common shares in the capital of the Issuer. In the direct and indirect aggregate, the Acquiror now owns and controls 6,817,500 common shares of the Issuer [...]
Wedgemount Resources announces with deep sadness the passing of Mr. Cody I. Campbell, Indpendent Non-Executive Director of the Company, on March 6, 2026. Cody, aged 43, had been serving as an Independent Director of the Company since its founding in 2020. Mr. Campbell's extensive experience working with junior natural resource companies provided great value and guidance to the entire Wedgemount team. The Board expresses [...]
Wedgemount Resources announces it intends to upsize its previously announced non-brokered private placement to up to 25,000,000 common shares at CAD$0.05 per Share for gross proceeds of up to CAD$1,250,000. The Company intends to use approximately one fifth of the net proceeds from the Offering for marketing and the balance for oil field operations and general working capital purposes. All securities issued under the [...]
Wedgemount Resources announces it intends to upsize its previously announced non-brokered private placement to up to 20,000,000 common shares at CAD$0.05 per Share for gross proceeds of up to CAD$1,000,000. The upsizing of the financing reflects growing confidence in Wedgemount's operational upside potential and near-term development plans across its Permian Basin asset base. The Company intends to use approximately one [...]
Wedgemount Resourcesannounces it intends to complete a non-brokered private placement of up to 10,000,000 common shares at CAD$0.05 per Share for gross proceeds of up to CAD$500,000. The Company intends to use approximately one-half of the net proceeds from the Offering for marketing and the balance for general working capital purposes. All securities issued under the Offering will be subject to a hold period expiring 4 [...]
This news release is issued by Mark Vanry pursuant to the early warning requirements of National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues and with respect to the divestiture by the Acquiror of common shares of Wedgemount Resources. On March 23, 2026, Mark Vanry reports that he has divested of 2,764,000 common shares of the Issuer, on a direct basis on March 23 [...]
Wedgemount Resources is pleased to provide the following update on its recent well testing program in west central Texas. During Dec 2025 and Jan/Feb 2026, Wedgemount conducted well tests across its asset base as part of annual compliance procedures for the Texas Railroad Commission. The combined 24hr test results totalled 841 barrels of oil equivalent per day composed of 80% light oil and condensates and 20% natural gas [...]
Wedgemount Resources is pleased to provide the following shareholder update to summarize recent developments across its operations, financial position and near-term priorities. The update outlines several matters that have emerged over recent periods, including challenges that may continue to affect our performance during the first quarter of 2026, while providing steps management is taking to address these items and [...]