Wedge Energy International Inc.
CNSX : WEG

Wedge Energy International Inc.

April 28, 2009 15:52 ET

Wedge Re-Prices and Extends Terms of Warrants

OTTAWA, ONTARIO--(Marketwire - April 28, 2009) - Wedge Energy International Inc. (CNSX:WEG) ("WEG" or the "Company") announced today that, subject to CNSX approval, it has re-priced and extended the terms of its outstanding warrants.

Warrants originally priced to be exercised at $0.75 have been re-priced to be exercised at $0.35 and warrants that were originally priced to be exercised at $0.30 have been re-priced to be exercised at $0.15.

Warrants originally priced at $0.75, which originally expired Sept 1, 2009 and Nov. 15, 2009 have been extended to Sept. 1, 2011 and Nov. 15, 2011 respectively.

www.wedgeenergy.com

"The statements in this Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The CNSX has not approved or disapproved of the information contained in this Press Release."

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