Wilton Resources Inc. announced that it has completed a non-brokered private placement of 100,000 common shares at an issue price of CAD 0.75 per share for the gross proceeds of CAD 75,000 on June 13, 2023. Completion of the transaction 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 TSXV has not approved the issue price and the issue price remains subject to the change.

The Common Shares issued in connection with the transaction will be subject to a statutory hold period of four months plus one day from the date of completion of the transaction, in accordance with applicable securities legislation. The transaction was approved by the Corporation’s board of directors by means of a unanimous resolution. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

The transaction included participation from one placee.