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").
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年5月19日)-韋吉蒙特資源公司(CSE：WDGY)(OTCQB：WDGRF)(“韋吉蒙特“或”公司“)，宣佈已完成2023年5月11日宣佈的非經紀私募，方法是發行5,375,000個單位(每個“單位“)每單位0.17加元，總收益為913,750加元(”供奉“)。每一單位有權向持有人收取一(1)股本公司股本中的普通股(每一股”普通股“)及一(1)份可轉讓普通股認購權證(每份均為”搜查令每份認股權證使持有人有權在2025年5月19日之前以0.30加元收購一(1)股普通股，但須受加速到期條款的規限，在此情況下，公司普通股在加拿大證券交易所(交易所超過0.60加元連續20個交易日，在公司選擇時，可行使權證的期限將縮短，權證持有人將有權行使其權證30天，自公司發出通知之日起，任何未行使的權證將到期(“加速失效條款“)。
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.
在此次發行中，該公司支付了36,652加元的發現者費用，相當於符合條件的發現者籌集的總收益的7%，併發行了215,600份發現者認股權證(每份認股權證一份)。蒐索者搜查令“)，相當於合資格的尋回人售出單位數目的7%。尋得人認股權證的行使價格為0.30元，直至2025年5月19日為止，但須受加速到期條款規限。
The Company intends to use the net proceeds from the Offering for general working capital purposes.
本公司擬將發售所得款項淨額用作一般營運資金用途。
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.
根據加拿大證券交易所的規則和政策以及適用的加拿大證券法，根據此次發售發行的所有證券，包括行使該證券時可發行的證券，均受2023年9月20日到期的持有期的約束。
About Wedgemount Resources Corp.
關於韋吉蒙特資源公司。
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.
韋吉蒙特資源公司是一家初級自然資源公司，專注於通過收購、發現和推進北美自然資源專案實現股東價值最大化。
On behalf of the Board of Directors,
WEDGEMOUNT RESOURCES CORP.
我謹代表董事會：
WEDGEMOUNT資源公司。
Mark Vanry, President and CEO
梅克·萬瑞，總裁兼首席執行官
For more information, please contact the Company at:
Telephone: (604) 343-4743
info@wedgemountresources.com
如需更多資訊，請通過以下方式與公司聯繫：
電話：(604)343-4743
郵箱：Info@wegeountresource ces.com
Reader Advisory
讀者建議
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.
本新聞稿可能包含構成“前瞻性資訊”的陳述，包括有關公司、其董事或高級管理人員對公司未來業務活動的計劃、意圖、信念和當前期望的陳述。“可能”、“將”、“可能”、“將”、“打算”、“計劃”、“預期”、“相信”、“估計”、“預期”以及與公司或其管理層有關的類似表述旨在識別此類前瞻性陳述。本新聞稿中的前瞻性陳述包括對此次發行所得資金的擬議使用。請投資者注意，任何此類前瞻性表述都不是對未來業務活動的保證，涉及風險和不確定因素，公司未來的業務活動可能會由於各種因素而與前瞻性表述中的表述大不相同，這些因素包括但不限於進行勘探或開發計劃所需的資金、人員和其他資源的可用性、公司勘探工作的成功、資金和融資的可用性以及總體經濟、市場或商業狀況。不能保證這樣的資訊將被證明是準確的，因此，建議讀者依靠自己對這種不確定性的評估。除適用的證券法要求外，公司不承擔任何更新任何前瞻性資訊的義務。
Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
加拿大證券交易所和加拿大投資行業監管組織均不對本新聞稿的充分性或準確性承擔責任。
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.
不得分發給美國新書或在美國境內傳播。任何不遵守這一限制的行為都可能構成違反美國證券法。
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