Mr. Richard Anderson reports
WILTON RESOURCES INC. ANNOUNCES WARRANT EXTENSION
Wilton Resources Inc. intends to amend the expiry date of 1,027,667 outstanding common share purchase warrants that were granted pursuant to a private placement of units of the corporation that closed on Jan. 19, 2023.
At the time of issuance, each warrant entitled the holder to acquire one common share of the corporation at a price of $1 per share, exercisable until Jan. 19, 2025. On Dec. 16, 2024, the corporation extended the expiry dates of the warrants from Jan. 19, 2025, to Jan. 19, 2026. The corporation proposes to further amend the warrants by extending the expiry date by one year from Jan. 19, 2026, to Jan. 19, 2027. All other terms of the warrants will remain unchanged.
The warrants are not owned by, directly or indirectly, any of the corporation's directors, officers or control persons.
The proposed amendment is subject to the approval of the TSX Venture Exchange.
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