$565K Private Placement Fuels Wilton Resources International Oil & Gas Ambitions

Wilton Resources Inc., headquartered in Calgary, Alberta, has completed a non-brokered private placement, raising $565,000 gross through the issuance of 2,260,000 units at a price of $0.25 per unit.

The company will primarily use the funds for general corporate purposes and to pursue an international oil and gas property acquisition.

Insiders participated in the private placement, which triggered related-party transaction disclosures under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions.