Mr. Manjeet Dhillon reports

WILTON RESOURCES INC. ANNOUNCES SECOND TRANCHE OF PRIVATE PLACEMENT AND WARRANT EXTENSION

Wilton Resources Inc. intends to close a second tranche of units under its non-brokered private placement previously announced on Aug. 18, 2026, as revised on Aug. 25, 2026.

Private placement

As announced on Aug. 18, 2026, the offering is up to a maximum of 2.5 million units at a revised purchase price of 25 cents per unit. Each unit will be composed of one common share in the capital of the corporation and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at an exercise price of 30 cents per warrant share for a period of 24 months immediately following the closing. The corporation closed an initial tranche of the offering, issuing a total of 1.86 million units under the offering at a price of 25 cents per unit.

The corporation now intends to close a second tranche of up to 640,000 units.

Warrant extension

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 corporation also announces that it intends to amend the expiry date on 2,236,285 outstanding common share purchase warrants that were granted pursuant to a private placement of units of the corporation, which closed on Oct. 16, 2025.

At the time of issuance, each warrant entitled the holder to acquire one common share of the corporation at a price of 45 cents per share, exercisable until Oct. 16, 2026. The corporation proposes to amend the warrants by extending the expiry date by one year from Oct. 16, 2026, to Oct. 16, 2027. All other terms of the warrants will remain unchanged.

Five point 11 per cent of the warrants are owned directly by any of the corporation's directors, officers or control persons.

The proposed amendment is subject to the approval of the TSX Venture Exchange.

We seek Safe Harbor.