Mr. Tag Gill
reports
WANGTON CAPITAL CORP. ANNOUNCES THE EFFECTIVE DATE OF CONSOLIDATION
Further to Wangton Capital Corp.'s news releases dated April 8, 2026, May 4, 2026, and
May 6, 2026, Wangton Capital will implement the consolidation of its common shares in the capital of the company on the basis of five preconsolidation shares for every one postconsolidation share, effective as of May 22, 2026.
The new Cusip number will be 93390B405 and the new ISIN (international securities identification number) will be CA93390B4055 for the postconsolidation shares. The company currently has 24,415,083 shares issued and outstanding. Following the
consolidation, the total issued and outstanding number of shares postconsolidation will be approximately
4,883,017, subject to rounding for fractional shares. Of the 4,883,017 postconsolidation shares, 703,680 shares
will be subject to escrow in accordance with the policies of the TSX Venture Exchange and applicable securities
laws.
No fractional shares will be issued in connection with the consolidation. In the event a holder of shares would
otherwise be entitled to receive a fractional share in connection with the consolidation, the fractional share
will be cancelled if it is less than one-half of a share and will be changed to one whole share if that
fractional share is equal to or greater than one-half of a share.
The exercise or conversion price and the number of shares issuable under any of the company's outstanding
convertible securities, if any, will be proportionately adjusted upon the effectiveness of the consolidation.
Registered shareholders who hold physical share certificates will receive a letter of transmittal requesting they
forward preconsolidation share certificates to the company's transfer agent, Computershare Trust Company
of Canada, in exchange for new share certificates representing shares on a postconsolidation basis.
Shareholders who hold their shares through a broker or other intermediary and do not have shares registered
in their own name will not be required to complete a letter of transmittal.
In connection with the consolidation, the company intends to close its previously announced private placement
of shares at a price of 10 cents per share (on a postconsolidation basis) for aggregate gross proceeds of $752,000.
The company intends to use the proceeds from the private placement for evaluating potential qualifying transactions
and for general working capital. All securities issued in connection with the private placement will be subject to a
four-month-and-one-day hold period from the date of issuance, in accordance with applicable securities laws.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.