Mr. Mark Vanry reports

WEDGEMOUNT ANNOUNCES UPSIZED NON-BROKERED PRIVATE PLACEMENT

Wedgemount Resources Corp. intends to upsize its previously announced non-brokered private placement to up to 25 million common shares at five cents per share for gross proceeds of up to $1.25-million.

The company intends to use approximately one-fifth of the net proceeds from the offering for marketing and the balance for oilfield operations and general working capital purposes. All securities issued under the offering 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.

Certain insiders of the company may participate in the offering. The extent of such participation has not yet been determined.

The company may pay finders' fees in connection with the offering. Completion of the offering is subject to customary conditions and the receipt of all necessary approvals.

About Wedgemount Resources Corp.

Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through the acquisition, development and exploitation of natural resource projects in Texas, United States.

We seek Safe Harbor.