Business

Wedgemount Enters into Promissory Notes

Wedgemount Enters into Promissory

Wedgemount Resources Corp.June 27, 20255
Wedgemount Enters into Promissory Notes

About this update from Wedgemount Resources Corp.

Vancouver - Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF) ('Wedgemount' or the 'Company'), announces it 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 in principal amounts of CAD$284,000 and USD$62,00 , respectively, with annual interest payments on the outstanding principal balance of each accruing at the rate of ten percent (10%) per annum, calculated annually in arrears, and payable on demand. The Loan is repayable within 30 days of the Lender providing the Company with writtern notice of demand. The Company intends to use the proceeds from the Loan for general working capital purposes. About Wedgemount Resources Corp. Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through the acquisition, discovery and advancement of natural resource projects in North America . Contact: Mark Vanry President and CEO Tel: (604) 343-4743 Email: [email protected] Reader Advisory This news release may contain statements which constitute 'forward-looking information', including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words '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-looking statements. Forward looking statements made in this news release include the proposed use of the proceeds of the Loan. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, availability of funds, personnel and other resources necessary to conduct exploration or development programs, successes of the Company's exploration efforts, availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. (C) 2025 Electronic News Publishing, source ENP Newswire

View stock analysis, news, and events for Wedgemount Resources Corp.

More from Wedgemount Resources Corp.

All Wedgemount Resources Corp. news →