Wedgemount Resources Corp. , announces it has approved the grant of stock options to acquire up to 430,000 common shares in the capital of the Company . 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 Options, will be subject to a [...]
Mr. Mark Vanry has acquired 24,000 common shares of Wedgemount Resources Corp. pursuant to an acquisition in the public market. The Common Shares of the Issuer are listed on the CSE under the trading symbol "WDGY". Prior to giving effect to the foregoing acquisition of Common Shares, the Acquiror owned and/or had control over an aggregate of [...]
Wedgemount Resources Corp. , 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 [...]
Wedgemount Resources Corp. , 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 [...]
Wedgemount Resources Corp. , 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 [...]
Wedgemount Resources Corp. , announces it has approved the grant of incentive stock options to acquire up to 700,000 common shares in the capital of the Company . 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 the Options, will be [...]
Wedgemount Resources Corp. , announces that it has closed its recently disclosed TCS light oil acquisition located in the Permian Basin of west central Texas, USA. The Company completed a payment to the arm's length vendor of US$50,000 and signed a US$600,000 vendor take back loan for a 100% working interest in the Assets subject to a 20 [...]
Wedgemount Resources Corp. , is pleased to announce commencement of a large scale production enhancement program, including both chemical reservoir stimulations and extensive improvements to surface facilities for its central Texas oil and gas assets. Reservoir stimulations will initially be conducted on fifteen of the Company's operating wells [...]
Wedgemount Resources Corp. , announces that a total of 12,616,000 common share purchase warrants with an exercise price of C$0.10 were exercised prior to expiry on September 21, 2023. The exercises resulted in gross proceeds of C$1,261,600. Wedgemount's current cash balance has increased to approximately C$1.2 million. Post the exercise of the [...]
Wedgemount Resources Corp. , is pleased to announce that it has entered into a Purchase and Sale Agreement for the acquisition of additional oil and gas assets located in the Permian Basin of west central Texas. The PSA is with an arm's length private company located in Texas, USA. Highlights: 1200 acres including 9 oil and gas leases adjacent to [...]
Wedgemount Resources Corp. , is pleased to provide shareholders with a corporate update summarizing the past several months of activity since the company commenced oil and gas operations in the Permian Basin of west-central Texas. Since late December 2022, Wedgemount has raised over $3,000,000 in equity funding through a combination of private [...]
Wedgemount Resources Corp. announces it intends to complete a non-brokered private placement of up to 588,235 units at CAD$0.17 per Unit for gross proceeds of up to CAD$100,000 . Each Unit comprised of one common share in the capital of the Company and one transferable Common Share purchase warrant . Each Warrant entitles the holder to acquire one [...]
