Wilton Resources Raises $578,800 in Second Private Placement Tranche
Wilton Resources Inc. raised $578,800 by closing the second tranche of a non-brokered private placement of common shares and warrants.
Wilton Resources Inc. raised gross proceeds of $578,800 by closing the second tranche of its non-brokered private placement. The company issued 455,200 units at $0.25 per unit, with each unit consisting of one common share and one warrant. These warrants grant holders the right to purchase additional common shares at $0.30 per share for a period of 24 months.
This issuance follows an initial tranche of 1,860,000 units, moving the company closer to the maximum offering of 2,500,000 units originally announced on August 18, 2026. As part of the transaction, the company paid $3,500 in finder's fees and issued 14,000 finder's warrants to Haywood Securities Inc.
All shares and warrants issued during this second tranche are subject to a statutory hold period that lasts until January 30, 2027.