06:22:42 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Wilton Resources Inc
Symbol WIL
Shares Issued 68,309,847
Close 2024-02-14 C$ 0.56
Market Cap C$ 38,253,514
Recent Sedar Documents

Wilton Resources closes $306,022 private placement

2024-02-15 14:13 ET - News Release

Mr. Richard Anderson reports

WILTON RESOURCES INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING

Wilton Resources Inc. has closed its previously announced non-brokered private placement of units in the capital of the corporation at a purchase price of 55 cents per unit, for total aggregate gross proceeds of $306,022. 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 is composed of one common share in the capital of the corporation and one common share purchase warrant. Each warrant entitles the holder to purchase one common share for a period of 12 months following the closing date of the offering at an exercise price of 65 cents.

No commission, finder's fee or similar payment (whether in the form of cash, securities or an interest in assets) were paid by the corporation in connection with the offering.

The common shares and warrants issued in connection with the offering, and the common shares underlying the Warrants, are subject to a statutory hold period of four months plus one day from the date of completion of the offering, in accordance with applicable securities legislation.

The TSX Venture Exchange provided conditional acceptance of the offering on Feb. 15, 2024.

We seek Safe Harbor.

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