Mr. Mark Vanry reports

WEDGEMOUNT ANNOUNCES ANNUAL GENERAL MEETING RESULTS AND GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

Wedgemount Resources Corp. has released the voting results from the company's annual general meeting of the shareholders, held on July 27, 2026. A total of 8,062,551 common shares were voted, representing 8.43 per cent of the outstanding common shares of the company as at the record date, being June 22, 2026.

Shareholders:

• Received and accepted the financial statements and MD&A (management's discussion and analysis) for the company for the year ended July 31, 2025;
• Fixed the number of directors to be elected for the ensuing year at three;
• Re-elected the company's current board of directors;
• Approved the appointment of the company's current auditor, Davidson Company LLP;
• Approved the company's 15-per-cent rolling equity incentive plan.

The company further reports that pursuant to the equity plan, on Aug. 11, 2026, it has granted 2.75 million stock options and 1.25 million restricted share units (RSUs) to a consultant of the company. One million five hundred thousand of the options vest immediately, 625,000 of the options vest on Nov. 11, 2026, and 625,000 of the options vest on Aug. 11, 2027. The options have an exercise price of 7.5 cents per common share and expire on Aug. 11, 2031. Six hundred twenty-five thousand of the RSUs vest on Feb. 11, 2027, and 625,000 of the RSUs vest on May 11, 2027. The RSUs expire on Dec. 31, 2029.

The consultant to whom the options and RSUs are granted is not a related parties and, accordingly, the debt settlement is not a related party transaction as defined under Multilateral Instrument 61-101.

About Wedgemount Resources Corp.

Wedgemount Resources is an emerging energy company focused on the acquisition and advancement of projects in the Southern United States.