Wedgemount Resources Announces Closing of Private Placement
Wedgemount Resources Announces Closing of Private Placement
All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring September 20, 2023, in accordance with the rules and policies of the Canadian Securities Exchange and applicable Canadian securities laws. Vancouver, British Columbia--(Newsfile Corp. - May 19, 2023) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), announces it has closed the non-brokered private placement announced May 11, 2023, by issuing 5,375,000 units (each a "Unit") at CAD$0.17 per Unit for gross proceeds of CAD$913,750 (the "Offering"). Each Unit entitled the holder to receive one (1) common share in the capital of the Company (each a "Common Share") and one (1) transferable Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to acquire one (1) Common Share at CAD$0.30 until May 19, 2025, subject to an accelerated expiry provision, whereby in the event the closing price of the Company's Common Shares on the Canadian Securities Exchange (the "Exchange") exceeds CAD$0.60 for a period of 20 consecutive trading days, at the Company's election, the period within which the Warrants are exercisable, will be reduced and the holders of the Warrants will be entitled to exercise their Warrants for a period of 30 days commencing on the day the Company provides notice, any outstanding Warrants not exercised during the 30 day period will expire (the "Accelerated Expiry Provision").
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2023年5月19日)-韦吉蒙特资源公司(CSE：WDGY)(OTCQB：WDGRF)(“韦吉蒙特“或”公司“)，宣布已完成2023年5月11日宣布的非经纪私募，方法是发行5,375,000个单位(每个“单位“)每单位0.17加元，总收益为913,750加元(”供奉“)。每一单位有权向持有人收取一(1)股本公司股本中的普通股(每一股”普通股“)及一(1)份可转让普通股认购权证(每份均为”搜查令每份认股权证使持有人有权在2025年5月19日之前以0.30加元收购一(1)股普通股，但须受加速到期条款的规限，在此情况下，公司普通股在加拿大证券交易所(交易所超过0.60加元连续20个交易日，在公司选择时，可行使权证的期限将缩短，权证持有人将有权行使其权证30天，自公司发出通知之日起，任何未行使的权证将到期(“加速失效条款“)。
In connection with the Offering, the Company paid finder's fees of CAD$36,652, equal to 7% of the total proceeds raised by eligible finders, and issued 215,600 finder warrants (each, a "Finder Warrant"), equal to 7% of the number of Units sold by eligible finders. The Finder Warrants are exercisable at $0.30 until May 19, 2025, subject to the Accelerated Expiry Provision.
在此次发行中，该公司支付了36,652加元的发现者费用，相当于符合条件的发现者筹集的总收益的7%，并发行了215,600份发现者认股权证(每份认股权证一份)。搜索者搜查令“)，相当于合资格的寻回人售出单位数目的7%。寻得人认股权证的行使价格为0.30元，直至2025年5月19日为止，但须受加速到期条款规限。
The Company intends to use the net proceeds from the Offering for general working capital purposes.
本公司拟将发售所得款项净额用作一般营运资金用途。
All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring September 20, 2023, in accordance with the rules and policies of the Canadian Securities Exchange and applicable Canadian securities laws.
根据加拿大证券交易所的规则和政策以及适用的加拿大证券法，根据此次发售发行的所有证券，包括行使该证券时可发行的证券，均受2023年9月20日到期的持有期的约束。
About Wedgemount Resources Corp.
关于韦吉蒙特资源公司。
Wedgemount Resources is a junior natural resources company focused on maximizing shareholder value through the acquisition, discovery and advancement of natural resource projects in North America.
韦吉蒙特资源公司是一家初级自然资源公司，专注于通过收购、发现和推进北美自然资源项目实现股东价值最大化。
On behalf of the Board of Directors,
WEDGEMOUNT RESOURCES CORP.
我谨代表董事会：
WEDGEMOUNT资源公司。
Mark Vanry, President and CEO
马克·万瑞，总裁兼首席执行官
For more information, please contact the Company at:
Telephone: (604) 343-4743
info@wedgemountresources.com
如需更多信息，请通过以下方式与公司联系：
电话：(604)343-4743
邮箱：Info@wegeountresource ces.com
Reader Advisory
读者建议
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 Offering. 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.
本新闻稿可能包含构成“前瞻性信息”的陈述，包括有关公司、其董事或高级管理人员对公司未来业务活动的计划、意图、信念和当前期望的陈述。“可能”、“将”、“可能”、“将”、“打算”、“计划”、“预期”、“相信”、“估计”、“预期”以及与公司或其管理层有关的类似表述旨在识别此类前瞻性陈述。本新闻稿中的前瞻性陈述包括对此次发行所得资金的拟议使用。请投资者注意，任何此类前瞻性表述都不是对未来业务活动的保证，涉及风险和不确定因素，公司未来的业务活动可能会由于各种因素而与前瞻性表述中的表述大不相同，这些因素包括但不限于进行勘探或开发计划所需的资金、人员和其他资源的可用性、公司勘探工作的成功、资金和融资的可用性以及总体经济、市场或商业状况。不能保证这样的信息将被证明是准确的，因此，建议读者依靠自己对这种不确定性的评估。除适用的证券法要求外，公司不承担任何更新任何前瞻性信息的义务。
Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
加拿大证券交易所和加拿大投资行业监管组织均不对本新闻稿的充分性或准确性承担责任。
NOT FOR DISTRIBUTION TO U.S. NEWSWIRESERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITHTHIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
不得分发给美国新书或在美国境内传播。任何不遵守这一限制的行为都可能构成违反美国证券法。
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