Wilton Resources closes second tranche of private placement at $578,800

Wilton Resources Inc. (TSXV: WIL) has closed the second tranche of its non-brokered private placement, bringing total aggregate gross proceeds to $578,800, according to a press release dated September 29, 2026.

The offering was originally announced on August 18, 2026, and revised on August 25, 2026, with a maximum of 2,500,000 units priced at $0.25 per unit. Each unit consists of one common share and one warrant, with each warrant exercisable at $0.30 per share for 24 months following closing.

The Calgary-based company previously closed an initial tranche of 1,860,000 units. The second tranche added 455,200 units.

In connection with the second tranche, the company paid finder's fees to Haywood Securities Inc., consisting of a cash payment of $3,500 and 14,000 finder's warrants. The finder's fee structure was set at 7% of aggregate proceeds and 7% of aggregate units issued to subscribers introduced by the finder. Each finder's warrant is exercisable at $0.30 per share for 24 months from issuance.

Common shares, warrants, and finder's warrants issued under the second tranche are subject to a statutory hold period of four months plus one day, expiring January 30, 2027, under applicable securities legislation.

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