Wedgemount Resources Corp. Completes Interest Settlement
Vancouver, BC — December 23, 2025 — Leads & Copy — Wedgemount Resources Corp. has finalized its offer to settle a portion of outstanding interest owed to holders of its principal amount $2,599,000, 10% unsecured convertible debentures. The debentures were issued during August and September of 2024.
Under the Interest Settlement Agreement, the Company settled interest owing of $95,250 in connection with an interest payment due August 25, 2025, through the issue of 1,907,000 common shares at a deemed price of $0.05 per common share.
To date, Debenture holders owning principal amount $1,907,000 have agreed to the Settlement proposal. The Settlements remain subject to acceptance by the Canadian Securities Exchange.
The Shares issued in satisfaction of the August Payment will be subject to a hold period expiring 4 months and 1 day after issuance, in accordance with the rules and policies of the Exchange and applicable Canadian securities laws.
Wedgemount Resources is a junior natural resource company focused on maximizing shareholder value through the acquisition, development, and exploitation of oil and gas projects in Texas, USA.
Mark Vanry, President and CEO
For more information, please contact the Company at:
Telephone: (604) 343-4743
info@wedgemountresources.com
Mark Vanry, President and CEO
Source: Wedgemount Resources Corp.
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