04:21:40 EDT Thu 07 May 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Wangton Capital Corp (3)
Symbol WT
Shares Issued 24,415,083
Close 2026-04-06 C$ 0.02
Market Cap C$ 488,302
Recent Sedar+ Documents

Wangton Capital increases financing to $782,000

2026-05-06 20:52 ET - News Release

Mr. Tag Gill reports

WANGTON CAPITAL CORP. ANNOUNCES FURTHER UPSIZE OF PRIVATE PLACEMENT OF COMMON SHARES

Wangton Capital Corp., further to the company's news releases dated April 8, 2026, and May 4, 2026, has further increased the size of its previously announced private placement to up to 7.82 million common shares of the company at a price of 10 cents per share for aggregate proceeds of up to $782,000.

The company intends to use the proceeds from the private placement for evaluating potential qualifying transactions and for general working capital. Closing of the private placement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including from the NEX board of the TSX Venture Exchange. 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 may pay finders' fees and/or commissions to eligible persons in connection with the private placement in accordance with applicable securities laws and the policies of the exchange.

Closing of the private placement will occur following completion of the company's previously announced consolidation of its shares based on five existing common shares for each new common share. Accordingly, the private placement shares will be issued on a postconsolidated basis.

Insiders of the company may participate in the private placement. Any such participation will be considered a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The transaction is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of any securities issued to such insiders nor the consideration that will be paid by such persons will exceed 25 per cent of the company's market capitalization.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.