Wedge Energy International Inc.

Wedge Energy International Inc.

April 30, 2009 08:30 ET

WEG Completes Private Placement

OTTAWA, ONTARIO--(Marketwire - April 30, 2009) - Wedge Energy International Inc. ("WEG" or the "Company")(CNSX:WEG) announced that the Company has completed the private placement of 2,400,000 non-brokered units at a price of $0.05 per unit, with each unit comprised of one common share and one common share purchase warrant, each whole warrant exercisable at $0.10 into one common share to 01 May 2012. This issue is to pay off certain legal creditors who have billed at the effective rate of $100 per hour.

"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."

Contact Information