Wedgemount Completes Oversubscribed Funding Round

Wedgemount Resources (TSE:WDGY) has released an update.

Wedgemount Resources Corp. has successfully completed the second tranche of its oversubscribed debenture offering, raising $745,000, which contributes to a total of $2.45 million from both tranches. The offering included convertible debenture units paired with share purchase warrants, with the funds earmarked for asset acquisition and corporate purposes. The debentures come with interest payable semi-annually and options for conversion or redemption under specific conditions.

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