Wilton Resources Inc.
TSX VENTURE : WIL

October 21, 2015 18:14 ET

Wilton Resources Inc. Announces Debenture Amendment

CALGARY, ALBERTA--(Marketwired - Oct. 21, 2015) -

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.

Wilton Resources Inc. (the "Corporation") (TSX VENTURE:WIL) is pleased to announce that the TSX Venture Exchange (the "Exchange") has approved the amendment of the 7.5% convertible unsecured debentures (the "Debentures") issued pursuant to the Corporation's private placement of Debentures which closed in two tranches on November 4 and November 8, 2013. The conversion price of the Debentures has been decreased from $1.25 per common share of the Corporation to $0.40 per common share of the Corporation for the second year of the term of Debenture. All other terms of the Debentures remain the same. The Corporation will deliver a Debenture Amending Agreement addressing the amended conversion price to the registered holders of the Debentures.

Additional information regarding Wilton Resources is available online on www.sedar.com

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.

Contact Information

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