Early Warning Press Release in Accordance with National Instrument 62-103

Rhea-AI Summary

Mr. Mark Vanry has acquired 24,000 common shares of Wedgemount Resources Corp., increasing his ownership to 14.07% undiluted and 17.07% partially diluted. The Acquiror may acquire or dispose of more securities based on market conditions and other factors.

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2024) - Mr. Mark Vanry (the "Acquiror") has acquired 24,000 common shares (each a "Common Share") of Wedgemount Resources Corp. (the "Issuer") 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 7,334,000 Common Shares, representing approximately 14.03% of the issued and outstanding Common Shares of the Issuer on an undiluted basis. Following completion of the acquisition of the Common Shares, the Acquiror owns or has control or direction over, directly or indirectly, 7,358,000 Common Shares, 924,999 warrants, 775,000 stock options and 187,500 restricted share units, representing approximately 14.07% of the issued and outstanding Common Shares of the Issuer on an undiluted basis and approximately 17.07% of the total issued and outstanding Common Shares of the Issuer on a partially diluted basis.

The Acquiror may acquire additional securities or dispose of securities of the Issuer in the future either on the open market, privately or otherwise depending on market conditions, reformulation of plans, other available investment business opportunities and/or other relevant factors.

For further information or to receive a copy of the early warning report filed by the Acquiror with securities regulatory authorities in Canada in connection with this press release, please contact the Acquiror at (778) 997-7573 or refer to the Issuer's SEDAR+ profile at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/202489

FAQ

How many common shares did Mr. Mark Vanry acquire in Wedgemount Resources Corp.?

Mr. Mark Vanry acquired 24,000 common shares in Wedgemount Resources Corp.

What percentage of the issued and outstanding Common Shares does Mr. Mark Vanry own after the acquisition?

After the acquisition, Mr. Mark Vanry owns approximately 14.07% of the issued and outstanding Common Shares on an undiluted basis and 17.07% on a partially diluted basis.

Where can one find more information about the acquisition?

For more information or to access the early warning report filed by the Acquiror, contact the Acquiror at (778) 997-7573 or refer to the Issuer's SEDAR+ profile at www.sedarplus.ca.