Wilton Resources (TSE:WIL) has released an update.
Wilton Resources Inc. has successfully completed a private placement financing, raising approximately $2.04 million through the issuance of over 2.7 million units at $0.73 each. The funds are earmarked for general corporate purposes and potential acquisition of an international oil and gas property. Investors received common shares and warrants, with the securities subject to a statutory hold period ending September 29, 2024.
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