Wilton Resources Inc. Announces Closing of Private Placement Financing

Executive Summary

• Wilton Resources Inc. closed a non‑brokered private placement of units at $0.30 per unit, raising $395,100 in gross proceeds.
• Proceeds will be used for general corporate purposes and to fund the acquisition of an international oil & gas property.
• Each unit consists of one common share and one warrant (exercise price $0.40, 24‑month term); a finder’s fee was paid to Haywood Securities with additional finder warrants issued.

Key Details

• Offering Size: $395,100 gross proceeds from the sale of units at $0.30 per unit.
• Unit Composition: 1 common share + 1 common share purchase warrant (exercise price $0.40, exercisable for 24 months).
• Finder’s Fee: Cash payment equal to 7.0% of aggregate proceeds plus 7.0% of units issued to subscribers introduced by Haywood Securities, resulting in 23,333 finder warrants (each exercisable at $0.40 for one common share, 24‑month term).
• Use of Proceeds: General corporate purposes and as a reserve to pursue acquisition of an international oil and gas property.
• Statutory Hold Period: All issued securities subject to a four‑month plus one day hold period, ending May 9, 2026.
• Contact: Richard Anderson, CEO & President, Wilton Resources Inc., (403) 619‑6609.

Notable Quotes

(No direct quotes were provided in the release.)