Wedgemount Resources Announces Unplanned Outage in Crews & Talpa Areas

Wedgemount Resources Announces Unplanned Outage in Crews & Talpa Areas

(TheNewswire)

Vancouver, BC TheNewswire - August 21, 2025 - Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF)  (" Wedgemount " or the " Company "), announces that on July 24, 2025, there were two unplanned events at third-party gas gathering pipelines utilized by Wedgemount Resources Corp. in the Company's core operating area.  As a result, Wedgemount has temporarily shut in approximately 50% of its oil and gas production.

It was initially anticipated the outages would last a maximum of two weeks but the Company has now been informed by the pipelines' owner, Energy Transfer LP, that repairs will be completed in early September 2025. Wedgemount will provide a status update regarding production as additional information becomes available.

About Wedgemount Resources Corp .

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

On behalf of the Board of Directors,

Wedgemount Resources Corp.

Mark Vanry, President and CEO

For more information, please contact the Company at:

Telephone: (604) 343-4743

info@wedgemountresources.com

www.wedgemountresources.com

Reader Advisory

This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Forward looking statements made in this news release includes, providing a status update on production. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, availability of funds, personnel and other resources necessary to conduct exploration or development programs, successes of the Company's exploration efforts, availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

WDGY:CNX
The Conversation (0)
Gold bar and nuggets with text reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Lighthouse Gold Shines with 78 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Reuters reported on Friday (June 19) that a Panamanian government-led audit of First Quantum... Keep Reading...
David Nicholas, gold and silver bars.

David Nicholas: Gold's Next 30 Days — 10 Percent Price Pop?

David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it "very constructive." In his view, it wouldn't be surprising to see an 8 to 10 percent price increase in the next 30 days. "I think gold and silver are the next trades to do really well here," Nicholas said.Don't forget... Keep Reading...
three gold bars stacked on top of each other

DGCX Introduces First Same-Day Physical Gold Contract in Gulf

The Dubai Gold and Commodities Exchange (DGCX) will launch the Gulf region’s first same-day physically settled spot gold contract on Monday (June 22), providing bullion dealers a regulated alternative to traditional over-the-counter markets.The Gold Spot T+0 Contract allows refineries, brokers,... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Dips Back Below US$4,300 as New Fed Chair Holds Rates Steady

The US Federal Reserve held its first meeting with new Chair Kevin Warsh from Tuesday (June 16) to Wednesday (June 17) as a US-Iran peace deal is on the table and the US economy is in the midst of a three-year inflation high alongside a resilient labor market. The central bank held the federal... Keep Reading...
Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — My Summer Price Outlook

Jeffrey Christian, managing partner at CPM Group, shares his summer outlook for gold and silver prices, saying he expects consolidation within a volatile range. However, as the year continues, he believes both precious metals could move back toward highs seen earlier in 2026. Platinum and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News