Wilton Resources Reprices Private Placement to Raise $625,000
Wilton Resources Inc. revised the price of its private placement of units to $0.25 per unit to raise capital for corporate purposes and property acquisition.
Wilton Resources Inc. announced on August 25, 2026, that it has repriced a non-brokered private placement of units first announced on August 18. The company adjusted the offering in response to recent market price changes, now intending to issue between 1,000,000 and 2,500,000 units at a revised price of $0.25 per unit.
This revised offering aims to raise between $250,000 and $625,000. Each unit includes one common share and one purchase warrant with a revised exercise price of $0.30. The company intends to use the proceeds for general corporate purposes and to establish a reserve for the acquisition of an international oil and gas property.
The offering is expected to close on or about August 31, 2026, subject to regulatory approvals from the TSX Venture Exchange regarding the offering and exercise prices.