Wilton Resources Inc. announced a non-brokered private placement to issue 337,837 units at an issue price of CAD 0.74 per unit for the gross proceeds of CAD 249,999.38 on April 19. 2024. Each Unit will be comprised of one common share and one Common Share purchase warrant.

Each Warrant will entitle the holder to purchase one Common Share for a period of 12 months from the date of issuance at an exercise price of CAD 0.84. No commission, finder?s fee or similar payment will be paid by the Corporation in connection with the Offering. 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 TSXV.

The TSXV 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. The Offering was approved by the Corporation?s board of directors by means of a unanimous resolution.