Wilton Resources Inc. Announces Grant of Stock Options

Rhea-AI Summary

Wilton Resources Inc. announces the granting of 200,000 stock options to a director. The options vest immediately and have an exercise price of $0.285 per share. They are valid for five years. Contact information for further details is provided.

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation"), announces that on November 2, 2023 the Board of Directors of the Corporation granted 200,000 stock options (the "Options") to purchase common shares of the Corporation ("Shares") to a director of the Corporation. The Options vest on the date of issuance and are exercisable for a period of five years from the date of grant at an exercise price of $0.285 per Share. Each grant of Options is subject to the approval of the TSX Venture Exchange.

For further information please contact:

Wilton Resources Inc.
Richard Anderson
Chief Executive Officer
(403) 619 6609

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186176

FAQ

What is the name of the company mentioned in the press release?

The company mentioned in the press release is Wilton Resources Inc.

What is the purpose of the press release?

The press release announces the granting of stock options to a director of Wilton Resources Inc.

How many stock options were granted?

A total of 200,000 stock options were granted.

What is the exercise price of the stock options?

The exercise price of the stock options is $0.285 per share.

How long are the stock options valid for?

The stock options are valid for a period of five years.

Who can be contacted for further information?

Richard Anderson, the Chief Executive Officer of Wilton Resources Inc., can be contacted for further information. His contact number is (403) 619 6609.