Wedge Announces Reverse Takeover by UTMI

- August 22nd, 2011

Wedge Energy International Inc. (CNSX:WEG) reports that it has entered into an arrangement agreement with Undur Tolgoi Minerals Inc. providing for the acquisition by the Company of all of the issued and outstanding shares of UTMI.

Wedge Energy International Inc. (CNSX:WEG) reports that it has entered into an arrangement agreement with Undur Tolgoi Minerals Inc. providing for the acquisition by the Company of all of the issued and outstanding shares of UTMI.

The press release is quoted as saying:

The agreement gives effect to the reverse takeover previously announced by the Company on June 20, 2011.

Click here to access the entire press release

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