Business
Wilton Resources Inc. Announces Closing of Private Placement Financing
Calgary, Alberta--(Newsfile Corp. - January 8, 2026) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation") is pleased to announce that it closed its non-brokered private placement of units of the Corporation ("Units") at a purchase price of $0.30 per Unit for total aggregate gross proceeds of $395,100 (the "Offering"). The principal use of the proceeds of the Offering will be for general corporate purposes and as a reserve to pursue the acquisition of an international oil and gas property.Each
About this update from Wilton Resources Inc.
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - January 8, 2026) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation") is pleased to announce that it closed its non-brokered private placement of units of the Corporation ("Units") at a purchase price of $0.30 per Unit for total aggregate gross proceeds of $395,100 (the "Offering"). The principal use of the proceeds of the Offering will be for general corporate purposes and as a reserve to pursue the acquisition of an international oil and gas property.","length":526,"tagName":"p"},{"type":"text","content":"Each Unit is comprised of one common share in the capital of the Corporation ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one additional Common Share for a period of 24 months from the date of issuance at an exercise price of $0.40 per Common Share.","length":337,"tagName":"p"},{"type":"text","content":"The Corporation paid a finder's fee to Haywood Securities Inc. ("Haywood") consisting of a cash payment equal to 7.0% of the aggregate proceeds raised from the sale of Units to subscribers introduced to the Corporation by Haywood and 7.0% of the aggregate Units issued to subscribers introduced to the Corporation by Haywood in non-transferable finder's warrants ("Finder Warrants"), being 23,333 Finder's Warrants. Each Finder Warrant is exercisable and will entitle the holder thereof to acquire one Common Share for a period of 24 months from the date of issuance at an exercise price of $0.40.","length":629,"tagName":"p"},{"type":"text","content":"The Common Shares, Warrants and Finder's Warrant issued in connection with the Offering and the Common Shares underlying the Warrants and Finder's Warrants will be subject to a statutory hold period of four months plus one day from the date of completion of the Offering, being May 9, 2026, in accordance with applicable securities legislation.","length":352,"tagName":"p"},{"type":"text","content":"For more information concerning the Corporation, please refer to the Corporation's profile on the SEDAR+ website at www.sedarplus.ca.","length":137,"tagName":"p"},{"type":"text","content":"Forward-Looking Information","length":27,"tagName":"p"},{"type":"text","content":"Certain statements containe...