Mr. Mark Vanry reports

WEDGEMOUNT RESOURCES ANNOUNCES ENGAGEMENT OF MACHAI CAPITAL & GRANT OF STOCK OPTIONS

Wedgemount Resources Corp. has entered into an agreement with Machai Capital Inc. dated April 7, 2026, pursuant to which Machai will lead the company's marketing, advertising and public awareness activities, and deploy a comprehensive digital media marketing program including multiplatform digital campaigns, social media amplification and targeted investor communications.

Machai will provide digital marketing services with branding, content and data optimization to assist the company to create in-depth marketing campaigns, tracking, organizing and executing the services through search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, e-mail marketing and brand marketing. The services will be conducted in accordance with the applicable policies of the Canadian Securities Exchange.

Machai has been engaged by the company for a three-month period commencing immediately. In consideration for the services provided, the company will pay Machai $300,000 plus GST out of its general working capital account. The company also announces that it has approved the grant of stock options to purchase 900,000 common shares in the capital of the company to Machai, exercisable at a price of seven cents per share in accordance with the company's stock option plan and applicable regulatory policies. The options are exercisable for a three-year term expiring on April 7, 2029, at a price of seven cents per option. Any common shares issued pursuant to the exercise of the options, will be subject to a four-month hold period expiring on Aug. 8, 2026.

Machai and its principle Suneal Sandhu currently own 3,098,000 common shares.

In addition, the company also announces it has approved the grant of 1.55 million stock options to consultants to acquire common shares in the capital of the company. The options are exercisable for a three-year term expiring on April 7, 2029, at a price of seven cents per option. Any common shares issued pursuant to the exercise of the options, will be subject to a four-month hold period expiring on Aug. 8, 2026.

The option grants are subject to acceptance by the Canadian Securities Exchange and vest in periods ranging from grant date to the 12-month anniversary of grant.

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 oil and gas projects in Texas, United States.

We seek Safe Harbor.