15:08:20 EDT Fri 22 May 2026
Enter Symbol
or Name
USA
CA



Wangton Capital Corp (4)
Symbol WT
Shares Issued 12,403,017
Close 2026-05-07 C$ 0.03
Market Cap C$ 372,091
Recent Sedar+ Documents

Wangton Capital closes $752,000 private placement

2026-05-22 10:37 ET - News Release

Mr. Tag Gill reports

WANGTON CAPITAL CORP. ANNOUNCES CLOSING OF THE PRIVATE PLACEMENT OF SHARES

Further to Wangton Capital Corp.'s news releases dated April 8, 2026, May 4, 2026, May 6, 2026, and May 20, 2026, Wangton Capital has closed its previously announced private placement of 7.52 million common shares of the company at a price of 10 cents per share for aggregate 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. The company has not entered into any agreement in principle (as defined in the policies of the TSX Venture Exchange) in respect of any qualifying transaction.

In connection with the private placement, the company has agreed to pay aggregate cash finders' fees of $33,075. The cash finders' fees were paid to 1173225 B.C. Ltd., Haywood Securities Inc. and Ventum Financial Corp.

The closing of the private placement occurred following the completion of the company's previously announced consolidation of its shares based on one new share for every five existing shares. Accordingly, the shares were issued on a postconsolidated basis and the total issued and outstanding shares of the company are 12,403,017 common shares.

An insider of the company participated in the private placement for aggregate gross proceeds of $5,000. The issuance of shares to the insiders is considered a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 and Policy 5.9 of the TSX Venture Exchange as neither the fair market value of any securities issued to such insiders nor the consideration that will be paid by such persons exceeds 25 per cent of the company's market capitalization.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.