23:09:25 EDT Tue 25 Aug 2026
Enter Symbol
or Name
USA
CA



Wilton Resources Inc
Symbol WIL
Shares Issued 81,770,679
Close 2026-08-25 C$ 0.25
Market Cap C$ 20,442,670
Recent Sedar+ Documents

Wilton Resources reprices private placement

2026-08-25 19:36 ET - News Release

Mr. Richard Anderson reports

WILTON RESOURCES INC. ANNOUNCES REPRICING OF PRIVATE PLACEMENT

Wilton Resources Inc., due to recent market price changes, is repricing its non-brokered private placement of units of the corporation previously announced on Aug. 18, 2026. The corporation now intends to issue a minimum of one million units up to a maximum of 2.5 million units at a revised purchase price of 25 cents per unit and for minimum aggregate proceeds of $250,000 up to a maximum of $625,000. 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 unit will comprise one common share in the capital of the corporation and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at a revised exercise price of 30 cents per warrant share for a period of 24 months immediately following the closing date (as defined below).

The corporation expects to close the offering on or about Aug. 31, 2026, or such other date as the corporation may determine in its sole discretion.

In connection with the offering, the corporation may pay to certain arm's-length parties commissions, finders' fees or similar payments (whether in the form of cash, securities or an interest in assets). Further information regarding such fees, if paid, shall be disclosed in a further news release of the corporation.

The corporation confirms that it is not aware of any material undisclosed information relating to the corporation, its business or its securities as of the date of this news release.

Completion of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The TSX-V has not approved the offering price or the exercise price and these remain subject to the change. The common shares, warrants and the common shares underlying the warrants will be subject to a statutory hold period of four months plus one day from the closing date, in accordance with applicable securities legislation.

It is expected that certain insiders of the corporation (as such term is defined under the policies of the TSX-V) may participate in the offering. The participation of insiders in the offering will constitute a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The corporation intends to rely upon exemptions from the formal valuation and minority approval requirements of MI 61-101 based on a determination that the fair market value of the offering, insofar as it involves the related parties, does not exceed 25 epr cent of the market capitalization of the corporation.

The offering was approved by the corporation's board of directors by means of a unanimous resolution.

We seek Safe Harbor.

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