Wilton Resources Inc. announced a non-brokered private placement of 500,000 unit at issue price of CAD 0.40 per unit for an aggregate gross proceeds of CAD 200,000 on June 17, 2022. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one share of the company at an exercise price of CAD 0.50 per share for a period of 24 months.

The company will not pay any commission, finder's fee or similar payment in respect to the transaction. The closing of the transaction is subject to receipt of all necessary regulatory approvals including the approval of the TSXV Exchange. All the securities to be issued shall have a hold period of four months and one day from closing.

The transaction has been approved by the board of directors of the company.