Wedgemount Resources Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Wedgemount Resources Corp
Perm ID: 1-5079689700
https://wedgemountresources.com/
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Wedgemount Announces Option Grant
Wedgemount Resources Corp. has approved stock options for 800,000 common shares at $0.10 each, expiring March 4, 2030. Shares exercised will face a four-month hold. The company focuses on maximizing shareholder value through natural resource projects in the southern USA.
Wedgemount Announces Corporate Update
Wedgemount Resources Corp. has resumed oil production after a temporary shutdown due to extreme cold. The company is focusing on production growth following recent acquisitions and has filed its annual financial statements, leading to the revocation of a trading order.
Wedgemount Resources Corp. Provides Third Management Cease Trade Order Update
Wedgemount Resources Corp. is updating on its management cease trade order (MCTO) from November 29, 2024. The company is working to file required financial statements by January 27, 2025, and its executives cannot trade securities until the MCTO is revoked.
Wedgemount Resources Corp. Provides Second Management Cease Trade Order Update
Wedgemount Resources Corp. is updating on its management cease trade order (MCTO) issued by BCSC. The company is working to file required financial statements by January 27, 2024, while the CEO and CFO are restricted from trading until then. No material changes reported.
Wedgemount Announces Operations Update
Wedgemount Resources Corp. provided an operations update on its West Central Texas oil and gas activities, highlighting successful gas well reclassification, ongoing chemical treatments, and production improvements. The company anticipates completing its audit by January 15, 2025.
Wedgemount Resources Corp. Provides Management Cease Trade Order Update
Wedgemount Resources Corp. updates on its management cease trade order (MCTO) from the BCSC, stating efforts to file required financial statements by January 27, 2024. The MCTO restricts the CEO and CFO from trading until filings are complete, but other shareholders can trade.
Wedgemount Announces Delay in Filing 2024 Annual Financial Statements
Wedgemount Resources Corp. delays annual filings; management cease trade order in effect until completed.
Wedgemount Announces Huggy Operations Update
Wedgemount Resources Corp., a junior oil and gas company, has announced details of its enhancement and remediation program for its recently acquired oil and gas assets, known as the "Huggy Asset," in west central Texas. The program aims to optimize well production through proprietary chemical treatments, well workovers, and surface facility optimization. The company is using a non-toxic treatment provided by Valkyrie Specialty Corp. to boost reservoir volume stimulation. Over the next 12 months, about half of the 119 wells at Huggy will undergo these treatments.
