Wedge Energy International Inc.

Wedge Energy International Inc.

September 07, 2011 12:46 ET

Wedge Energy International Inc.: Convertible Notes Exercised

OTTAWA, ONTARIO--(Marketwire - Sept. 7, 2011) - Wedge Energy International Inc. ("Wedge" or the "Company") (CNSX:WEG) announced that two of the holders of the convertible notes originally issued on January 26, 2010 exercised their conversion options. The Company issued 5,000,000 shares for the conversion of $50,000 convertible notes. Of the two holders who converted their notes one is a director of the Company.

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties

There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information

Contact Information

  • Don Padgett
    President and CEO
    604-689-1515 ext 104

    Sabino Di Paola
    Chief Financial Officer