Mr. Mark Vanry reports

WEDGEMOUNT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Wedgemount Resources Corp. intends to complete a non-brokered private placement of up to 588,235 units at 17 cents per unit for gross proceeds of up to $100,000. Each unit is composed of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one common share at 30 cents for two years from the date of issuance, subject to an accelerated expiry provision, whereby in the event the closing price of the company's common shares on the Canadian Securities Exchange exceeds 60 cents 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 company intends to use the net proceeds from the offering for general working capital purposes and anticipates closing to occur on or around July 18, 2023. All securities issued under the offering, including securities issuable on exercise thereof, will be subject to a hold period expiring four months and one day after issuance in accordance with the rules and policies of the exchange and applicable Canadian securities laws.

About Wedgemount Resources Corp.

Wedgemount is a junior natural resource company focused on maximizing shareholder value through the acquisition, discovery and advancement of natural resource projects in North America.

We seek Safe Harbor.