Wilton Resources Inc. Announces Closing of the Second Tranche of Private Placement

Calgary, Alberta--(Newsfile Corp. - September 29, 2026) - Wilton Resources Inc.(TSXV: WIL)(the "Corporation")announces that it has closed its previously announced second tranche of units ("Units") under its non-brokered private placement for previously announced on August 18, 2026, and as revised on August 25, 2026, for total aggregate gross proceeds of $578,800 (the "Offering").

Private Placement

As announced on August 18, 2026, the Offering is up to a maximum of 2,500,000 Units at a revised purchase price of $0.25 per Unit. Each Unit will be comprised of one common share in the capital of the Corporation (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Common Share (a "Warrant Share") at an exercise price of $0.30 per Warrant Share (the "Exercise Price") for a period of 24 months immediately following the closing. The Corporation closed an initial tranche of the Offering, issuing a total of 1,860,000 Units under the Offering at a price of $0.25 per Unit. The Corporation now close a second tranche of 455,200 Units (the "Second Tranche").

In connection with the Offering the Corporation paid finder's fees to Haywood Securities Inc. (the "Finder"), consisting of a cash payment equal to 7.0% of the aggregate proceeds raised from the sale of Units to subscribers introduced to the Corporation by the Finder and 7.0% of the aggregate Units issued to subscribers introduced to the Corporation by the Finders in non-transferable finder's warrants (the "Finder Warrants"). In connection with the Second Tranche, the Corporation paid, $3,500 and issued an aggregate of 14,000 Finder's Warrants. Each Finder Warrant is exercisable and will entitle the holder thereof to acquire one Common Share for a period of 24 months from the date of issuance at an exercise price of $0.30.

The Common Shares, Warrants and Finder's Warrant issued in connection with the Second Tranche of the Offering and the Common Shares underlying the Warrants and Finder's Warrants issued pursuant to the Second Tranche are subject to a statutory hold period of four months plus one day from the date of completion of the Offering, being January 30, 2027, in accordance with applicable securities legislation.

For more information concerning the Corporation, please refer to the Corporation's profile on the SEDAR+ website at www.sedarplus.ca.

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "intend", "may", "will", "expect", and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information with respect to the principal uses of the proceeds of the Offering. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The material facts and assumptions include the intended use of proceeds remaining in the best interests of the Corporation. The Corporation cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316582

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