WEG Completes Sale of Asset and Settlement With Creditors

Business and Finance Business and Finance

Wed, December 23, 2009

[ Wed, Dec 23rd 2009 ] - Market Wire

IC Potash Corp. reports preliminary core results

[ Wed, Dec 23rd 2009 ] - Market Wire

Unico, Inc. Releases December Edition of Shareholder Newsletter With Year-In-Review Feature

[ Wed, Dec 23rd 2009 ] - Market Wire

ThermaFreeze Products Announces Five-for-One Forward Stock Split

[ Wed, Dec 23rd 2009 ] - Market Wire

Alexco Closes $9.5 Million Flow-Through Private Placement

[ Wed, Dec 23rd 2009 ] - Market Wire

Encounter.com, Inc. Announces a Change to Its Corporate Structure

[ Wed, Dec 23rd 2009 ] - Market Wire

Small Business IT Consultants Say Support Will Be .. s 7 Transition, According to Citrix Online Survey

[ Wed, Dec 23rd 2009 ] - Market Wire

Forest Laboratories Announces Acquisition of Addi .. 104, a Novel Broad-Spectrum Beta-Lactamase Inhibi

[ Wed, Dec 23rd 2009 ] - Market Wire

Modine Completes Sale of Korean Subsidiary to KB Synthetics

[ Wed, Dec 23rd 2009 ] - Market Wire

Safeguarda?s PBS Subscribes More Package Stores

[ Wed, Dec 23rd 2009 ] - Market Wire

aBlack Swana Case to Move to Appeals Court

[ Wed, Dec 23rd 2009 ] - Market Wire

Alpine Total Dynamic Dividend Fund, Alpine Global .. pine Global Premier Properties Fund Declare Speci

[ Wed, Dec 23rd 2009 ] - Market Wire

Morgan Stanley Appoints 212 New Managing Directors

[ Wed, Dec 23rd 2009 ] - Market Wire

P2 Solar, Inc. Welcomes Former Canadian Cabinet Minister to the Board of Advisors

[ Wed, Dec 23rd 2009 ] - Market Wire

Oromin Explorations Ltd.: Sabodala Property Resul .. coveries and Extend Limits of Mineralization at O

[ Wed, Dec 23rd 2009 ] - Market Wire

Smith & Nephew PLC: Smith & Nephew Announces Port .. Addition for Surgeons Managing Traumatic Injuries

[ Wed, Dec 23rd 2009 ] - Market Wire

TLC Vision Receives US Court Order

[ Wed, Dec 23rd 2009 ] - Market Wire

Hemisphere Energy Closes Private Placement and Provides Sylvan Lake Operational Update

[ Wed, Dec 23rd 2009 ] - Market Wire

Templeton Asset Management Executive Chairman Mar .. rman of Taro Pharmaceuticals Urging New Managemen

[ Wed, Dec 23rd 2009 ] - Market Wire

W. P. Carey & Co. LLC: W. P. Carey Group Complete .. llion Acquisition of Eroski Supermarket Portfolio

[ Wed, Dec 23rd 2009 ] - Market Wire

Aqua America Successfully Accesses Capital Market .. Million Annual Infrastructure Improvement Program

[ Wed, Dec 23rd 2009 ] - Market Wire

Ag Growth International Announces Investment in One Earth Farms

[ Wed, Dec 23rd 2009 ] - Market Wire

COBRA Subsidy Extension: Texas Data Shows Pricing for Non-Group Health Insurance Market

[ Wed, Dec 23rd 2009 ] - Market Wire

COBRA Subsidy Extension: Florida Data Survey Show .. Non-Group Health Insurance Available From eHealth

[ Wed, Dec 23rd 2009 ] - Market Wire

COBRA Subsidy Extension: California Data Shows Pricing for Non-Group Health Insurance Market

[ Wed, Dec 23rd 2009 ] - Market Wire

SearchMedia Holdings Limited Announces Third Quarter 2009 Results

[ Wed, Dec 23rd 2009 ] - Market Wire

Corona Gold Acquires Position in Sabina Gold & Silver

[ Wed, Dec 23rd 2009 ] - Market Wire

Canadian Helicopters Income Fund Announces Renewal of Normal Course Issuer Bid

[ Wed, Dec 23rd 2009 ] - Market Wire

Synta Pharmaceuticals Initiates Phase 2 Clinical .. ntestinal Stromal Tumors (GIST) following failure

[ Wed, Dec 23rd 2009 ] - Market Wire

Implant Sciences Provides Update on Senior Secure .. le Promissory Notes, Line of Credit and Financing

[ Wed, Dec 23rd 2009 ] - Market Wire

eDoorways Successfully Completes Stress Tests on "SOLVE" Beta v1.0

[ Wed, Dec 23rd 2009 ] - Market Wire

Vertro Announces Credit Facility With Bridge Bank N.A.

[ Wed, Dec 23rd 2009 ] - Market Wire

Bristol-Myers Squibb Updates 2009 Continuing Operations Financial Guidance

[ Wed, Dec 23rd 2009 ] - Market Wire

Eclipsys Increases KLAS Rankings with Debut of Integrated Pharmacy Solution at No. 4

[ Wed, Dec 23rd 2009 ] - Market Wire

Bristol-Myers Squibb and Mead Johnson Announce Final Results of the Exchange Offer

[ Wed, Dec 23rd 2009 ] - Market Wire

San West Inc. Announces More Than $175,000 in Internet Sales

[ Wed, Dec 23rd 2009 ] - Market Wire

e.Digital Announces Air Burkina and Air Mali as Newest eVU(TM) Portable IFE Customers

[ Wed, Dec 23rd 2009 ] - Market Wire

HealthcareDPS (Division of Data Storage Corporati .. he U.S. Marine Corps Reserve Toys for Tots Progra

[ Wed, Dec 23rd 2009 ] - Market Wire

Solos Endoscopy, Inc. Outlines Marketing Strategy for 2010 Campaign

[ Wed, Dec 23rd 2009 ] - Market Wire

Bergamo Acquisition Corp. Announces No Material Change

[ Wed, Dec 23rd 2009 ] - Market Wire

Kodak, Samsung Agree to Negotiate Patent Dispute Settlement

[ Wed, Dec 23rd 2009 ] - Market Wire

Nortel to Sell Carrier VoIP and Application Solutions Business

[ Wed, Dec 23rd 2009 ] - Market Wire

ACS Earns aBest in KLASa Ranking in National Heal .. care Survey for Clinical Implementation Principal

[ Wed, Dec 23rd 2009 ] - Market Wire

Jovian Announces Exercise of Over-Allotment Option on Horizons AlphaPro Income Plus Fund

[ Wed, Dec 23rd 2009 ] - Market Wire

Re Juv by Caci Scores Big on Phase I Marketing Program

[ Wed, Dec 23rd 2009 ] - Market Wire

Tongjitang Hosts Successful 2009 Annual General Meeting

[ Wed, Dec 23rd 2009 ] - Market Wire

SMART Modular Technologies to Present at the Needham & Company's 12th Annual Growth Conference

[ Wed, Dec 23rd 2009 ] - Market Wire

Crescent Resources Extends Warrant Term

[ Wed, Dec 23rd 2009 ] - Market Wire

Tribute Announces Closing of First Tranche of Financing

[ Wed, Dec 23rd 2009 ] - Market Wire

Global-Tech Advanced Innovations Reports Second Q .. 2010 with Continuing Improvement in Profitability

[ Wed, Dec 23rd 2009 ] - Market Wire

Tyler Technologies Signs ERP Software Contract with Knox County, Tennessee

[ Wed, Dec 23rd 2009 ] - Market Wire

Rumble With a Cause Campaign Benefits U.S. Military Members and Families

[ Wed, Dec 23rd 2009 ] - Market Wire

pSivida Announces Positive Results from the Two P .. Iluvien® in Patients with Diabetic Macular Edema

[ Wed, Dec 23rd 2009 ] - Market Wire

Hoku and Tianwei Announce Closing of Financing

[ Wed, Dec 23rd 2009 ] - Market Wire

Video of Sanswire's STS-111 Unmanned Aerial Vehic .. (UAV) Demonstration Available on www.Sanswire.com

[ Wed, Dec 23rd 2009 ] - Market Wire

Compugen Announces aDiscovery on Demanda Therapeutic Peptide Collaboration with Pfizer

[ Wed, Dec 23rd 2009 ] - Market Wire

Redknee Adopts Shareholder Rights Plan

[ Wed, Dec 23rd 2009 ] - Market Wire

TeleCommunication Systems and Sybase, Inc. Reach Legal Settlement

[ Wed, Dec 23rd 2009 ] - Market Wire

Nuinsco Announces Sale of Cameron Lake Gold Property

[ Wed, Dec 23rd 2009 ] - Market Wire

FNX Mining Company Inc.: 2010 Production and Capex Guidance

[ Wed, Dec 23rd 2009 ] - Market Wire

CalAmp Completes Refinancing of Bank Debt

[ Wed, Dec 23rd 2009 ] - Market Wire

Pacific Energy & Mining Company: Pacific Energy Announces Completion of Johnson Bottoms Unit Well

[ Wed, Dec 23rd 2009 ] - Market Wire

Dakshidin Corporation Realigning for 2010

[ Wed, Dec 23rd 2009 ] - Market Wire

Calibre Mining Closes Private Placement Financing

[ Wed, Dec 23rd 2009 ] - Market Wire

Affymetrix to Present at the 28th Annual J.P. Morgan Healthcare Conference

[ Wed, Dec 23rd 2009 ] - Market Wire

Canasia Industries Corporation: Bulk Sample Update on Clone Gold Discovery

Tue, December 22, 2009

[ Tue, Dec 22nd 2009 ] - Market Wire

WuXi PharmaTech (NYSE: WX) Holds Its Third Life Science and Chemistry Awards Ceremony in Beijing

[ Tue, Dec 22nd 2009 ] - Market Wire

Logitech to Announce Third Quarter Fiscal 2010 Results

[ Tue, Dec 22nd 2009 ] - Market Wire

Canplats Board Determines That Offer From Penmont Is a Superior Proposal

[ Tue, Dec 22nd 2009 ] - Market Wire

THQ and WWE® Sign Eight-Year Deal

[ Tue, Dec 22nd 2009 ] - Market Wire

THQ, WWE® and JAKKS Pacific Announce Settlement of Long-Standing Litigation

[ Tue, Dec 22nd 2009 ] - Market Wire

Channel Resources Files Annual Financial Statements

[ Tue, Dec 22nd 2009 ] - Market Wire

Analysts International Corporation Appoints New Board Chair

[ Tue, Dec 22nd 2009 ] - Market Wire

Mortgage Averages up Slightly From Last Week, According to Informa Research Services

[ Tue, Dec 22nd 2009 ] - Market Wire

City Bank Founder and CEO Conrad Hanson to Retire .. imbigner to Succeed Conrad Hanson as President an

[ Tue, Dec 22nd 2009 ] - Market Wire

Ventas Receives Additional $50 Million Revolver Commitment

[ Tue, Dec 22nd 2009 ] - Market Wire

JDA Software Receives SEC Clearance of Registrati .. n Statement in Its Acquisition of i2 Technologies

[ Tue, Dec 22nd 2009 ] - Market Wire

Centurion Enters Into a Financial Advisory Agreem .. rranges Non-Brokered Private Placement, and Updat

[ Tue, Dec 22nd 2009 ] - Market Wire

Crazy Horse Resources Inc. Announces Amendment of Warrant Terms

[ Tue, Dec 22nd 2009 ] - Market Wire

Extended Outage at Seabrook Plant and Poor Wind R .. ce Will Affect FPL Group's 2009 Adjusted Earnings

[ Tue, Dec 22nd 2009 ] - Market Wire

LecTec Corporation Releases Open Letter to Shareholders

[ Tue, Dec 22nd 2009 ] - Market Wire

U.S. Bancorp Fourth Quarter Earnings Release and .. nference Call Set for Wednesday, January 20, 2010

[ Tue, Dec 22nd 2009 ] - Market Wire

Omega Closes First Step of CapitalSource Long Ter .. Acquisition and Announces $100 Million Term Loan

[ Tue, Dec 22nd 2009 ] - Market Wire

HudBay Minerals Announces Option Agreement with Halo Resources Ltd.

[ Tue, Dec 22nd 2009 ] - Market Wire

Halo Announces Option Agreement with HudBay

[ Tue, Dec 22nd 2009 ] - Market Wire

Threegold Announces Adoption of a Shareholder Rights Plan and Final Closing of Private Placement

[ Tue, Dec 22nd 2009 ] - Market Wire

Pebblebrook Hotel Trust Names Thomas Fisher Chief Investment Officer

[ Tue, Dec 22nd 2009 ] - Market Wire

Cannasat Therapeutics Announces Debt for Shares Settlement

[ Tue, Dec 22nd 2009 ] - Market Wire

No Fourth Quarter Cash Dividend for Smithtown Bancorp

[ Tue, Dec 22nd 2009 ] - Market Wire

Industrial Income Trust Commences Offering; REIT Sponsored by Dividend Capital Affiliate

[ Tue, Dec 22nd 2009 ] - Market Wire

Abode Mortgage Holdings Corp. Announces Potential .. le of the Company's Mortgage Origination Business

[ Tue, Dec 22nd 2009 ] - Market Wire

JPMorgan Chase, Fifth Third Bancorp, U.S. Bancorp, Zions Bancorp and SunTrust Banks

[ Tue, Dec 22nd 2009 ] - Market Wire

American International Group Inc., Bank of Americ .. argo & Co., Citigroup Inc. and Goldman Sachs Inc.

[ Tue, Dec 22nd 2009 ] - Market Wire

PHH Corp., Tutor Perini Corp., Blyth, Inc. and Symmetry Medical Inc.

[ Tue, Dec 22nd 2009 ] - Market Wire

Banco Santander Santiago, Credit Suisse Group, De .. che Bank AG, HSBC Holdings Plc and Banco de Chile

[ Tue, Dec 22nd 2009 ] - Market Wire

MVC Capital Announces Results for Its 2009 Fiscal Year and Subsequent Event

[ Tue, Dec 22nd 2009 ] - Market Wire

Pixman Further Updates on Filing of Annual Financial Statements

[ Tue, Dec 22nd 2009 ] - Market Wire

Orthovita to Present at the J. P. Morgan 28th Annual Healthcare Conference

[ Tue, Dec 22nd 2009 ] - Market Wire

La Jolla Pharmaceutical Company Announces Filing of Joint Proxy Statement/Prospectus

[ Tue, Dec 22nd 2009 ] - Market Wire

Lanesborough REIT announces special distribution for 2009 payable in the form of additional units

[ Tue, Dec 22nd 2009 ] - Market Wire

Kinross Gold Corporation: Kupol Becomes First Min .. Russia to Obtain ICMI Environmental Certification

[ Tue, Dec 22nd 2009 ] - Market Wire

Fitch Rates MTP Shares Issued by Nuveen California Dividend Advantage Municipal Fund 3 'AAA'

[ Tue, Dec 22nd 2009 ] - Market Wire

Fitch Affirms Ratings on Flagstone Re; Outlook Stable

[ Tue, Dec 22nd 2009 ] - Market Wire

RehabCare to Present at the 28th Annual J.P. Morgan HealthCare Conference

[ Tue, Dec 22nd 2009 ] - Market Wire

BAM Split Corp. Announces 2009 Annual Results

[ Tue, Dec 22nd 2009 ] - Market Wire

The Medicines Company Acquires ApoA-I Milano From Pfizer

[ Tue, Dec 22nd 2009 ] - Market Wire

Technitrol Agrees to Divest North American Electrical Contacts Operations

[ Tue, Dec 22nd 2009 ] - Market Wire

Fitch Rates MTP Shares Issued by Nuveen New York Dividend Advantage Municipal Fund 'AAA'

[ Tue, Dec 22nd 2009 ] - Market Wire

Beach Business Bank Promotes Susan Covey and Lynn Flanagan

[ Tue, Dec 22nd 2009 ] - Market Wire

Dutch Gold Resources Announces Plans for New Properties

[ Tue, Dec 22nd 2009 ] - Market Wire

Technitrol Sells $50 Million of 7.00% Convertible Senior Notes

[ Tue, Dec 22nd 2009 ] - Market Wire

Health Net, Inc. Fourth Quarter and Year-End 2009 Earnings Conference Call

[ Tue, Dec 22nd 2009 ] - Market Wire

Algonquin Power &; Utilities Corp. announces agreement for internalization of management

[ Tue, Dec 22nd 2009 ] - Market Wire

Nevaro Capital Corporation Announces Shareholder Approval of Plan of Arrangement

[ Tue, Dec 22nd 2009 ] - Market Wire

Nuveen California Dividend Advantage Municipal Fu .. tion Notice for Auction-Rate Preferred Securities

[ Tue, Dec 22nd 2009 ] - Market Wire

Rosetta Genomics Stockholders Elect Two New Directors at Annual Meeting

[ Tue, Dec 22nd 2009 ] - Market Wire

Coughlin Stoia Geller Rudman & Robbins LLP Files .. s Action Suit Against Bank of America Corporation

[ Tue, Dec 22nd 2009 ] - Market Wire

B&G Foods to Present at the Twelfth Annual ICR XChange Conference

[ Tue, Dec 22nd 2009 ] - Market Wire

ARCA Announces Submission of a Request for Specia .. carotm Development in Genotype-Defined Heart Fail

[ Tue, Dec 22nd 2009 ] - Market Wire

ZipRealty to Present at Citi Entertainment, Media .. and Telecom Conference Tuesday, January 5th, 2010

[ Tue, Dec 22nd 2009 ] - Market Wire

Chimera Investment Corporation Announces 4th Quarter Dividend of $0.17 Per Share

[ Tue, Dec 22nd 2009 ] - Market Wire

Pure issues first corporate social responsibility report

[ Tue, Dec 22nd 2009 ] - Market Wire

FNB Bancorp Declares First Quarter Dividend 2010

[ Tue, Dec 22nd 2009 ] - Market Wire

FSI International, Inc. Announces First Quarter Fiscal 2010 Financial Results

[ Tue, Dec 22nd 2009 ] - Market Wire

Activeworlds Corp. Completes Acquisition of Chinese Gold Jewelry Manufacturer

[ Tue, Dec 22nd 2009 ] - Market Wire

Exall Increases Production to 750 BOEPD Upon Comp .. on of Mitsue Area Pipeline and Battery Facilities

[ Tue, Dec 22nd 2009 ] - Market Wire

Mediware Delivers Key Support for Emerging U.S. Biovigilance Network

[ Tue, Dec 22nd 2009 ] - Market Wire

Aqua America Launches Georgia Subsidiary with New Wastewater Acquisition

[ Tue, Dec 22nd 2009 ] - Market Wire

Metro Bancorp and Republic First Bancorp Extend Merger Closing Deadline to March 31, 2010

[ Tue, Dec 22nd 2009 ] - Market Wire

WEG Completes Sale of Asset and Settlement With Creditors

WEG Completes Sale of Asset and Settlement With Creditors

^{Published on 2009-12-22 12:30:06 - Market Wire}

OTTAWA, ONTARIO--(Marketwire - Dec. 22, 2009) - Wedge Energy International Inc. ("WEG" or the "Company") (CNSX:WEG) announced that the Company recently completed the sale of its interest in the 3 Hills property in Alberta. The proceeds of the sale enabled WEG to complete its settlement offer with its creditors as announced in Press Release # 09-06 dated April 29, 2009.

The amount owed to 7 creditors was $391,462.61 which was settled with $96,687.74 cash and the issuance of 651,798 common shares in the Company.

For further information, please go to [ 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."