Wedgemount Resources Corp (CSE:WDGY, OTCQB:WDGRF) has closed its previously announced non-brokered private placement, raising about C$540,000 through the issuance of 8.31 million units at C$0.065 each.
The net proceeds from the offering will be used for general working capital.
Each unit includes one common share and one-half warrant, with full warrants exercisable at C$0.12 until May 26, 2027.