PRESS RELEASE FOR EARLY WARNING REPORT FILED PURSUANT TO NI 62-103

Mark Vanry, President and CEO of Wedgemount Resources Corp., filed an early warning report pursuant to National Instrument 62-103 following his divestiture of 2,764,000 common shares of the company on March 23, 2026. The shares were sold through open-market facilities of the Canadian Securities Exchange at an average price of $0.041 per share, representing approximately 4.02% of Wedgemount's outstanding common shares based on 68,702,575 shares currently issued and outstanding.

Prior to this transaction, Vanry owned and controlled 7,391,500 common shares in Wedgemount. Following the divestiture, he now owns and controls 4,627,500 common shares, representing 6.74% of the issuer's outstanding common shares on a direct and indirect basis. In addition to these shares, Vanry holds certain convertible instruments including common share warrants, stock options, and convertible debentures, which are detailed in the Form 62-103F filing to be submitted to SEDAR within two days.

This transaction represents a significant reduction in Vanry's equity position in the company he leads, though he retains a meaningful ownership stake. The early warning disclosure is required under securities regulations when an insider's holdings cross certain ownership thresholds. The filing indicates that Vanry may acquire or dispose of additional securities in the future, subject to market conditions and compliance with applicable securities laws.

For Wedgemount Resources and the broader junior mining sector, insider transactions of this magnitude often signal either portfolio rebalancing, capital needs, or strategic repositioning. The relatively low share price of $0.041 reflects the challenging market conditions facing many junior resource companies listed on the CSE.