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Wilton Resources Inc. Announces Grant of Stock Options

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Wilton Resources Inc. (TSXV: WIL) announced the grant of 498,000 stock options to directors, officers, and consultants on November 14, 2024. The options vest immediately upon issuance and can be exercised at $0.62 per share over a five-year period. The grant remains subject to TSX Venture Exchange approval.

Wilton Resources Inc. (TSXV: WIL) ha annunciato il concessione di 498.000 opzioni su azioni a dirigenti, funzionari e consulenti il 14 novembre 2024. Le opzioni maturano immediatamente al momento dell'emissione e possono essere esercitate a $0,62 per azione per un periodo di cinque anni. La concessione è soggetta all'approvazione della Borsa di Toronto Venture.

Wilton Resources Inc. (TSXV: WIL) anunció la concesión de 498,000 opciones sobre acciones a directores, funcionarios y consultores el 14 de noviembre de 2024. Las opciones se ejercen de inmediato al momento de la emisión y pueden ser ejercidas a $0.62 por acción durante un período de cinco años. La concesión está sujeta a la aprobación de la Bolsa de Valores de Toronto Venture.

윌턴 리소스 주식회사 (TSXV: WIL)는 2024년 11월 14일 이사, 임원 및 컨설턴트에게 498,000주식 옵션을 부여했다고 발표했습니다. 옵션은 발행 시점에 즉시 발생하며, 5년 동안 주당 $0.62에 행사할 수 있습니다. 이 부여는 토론토 벤처 거래소의 승인을 받아야 합니다.

Wilton Resources Inc. (TSXV: WIL) a annoncé le 14 novembre 2024 l'octroi de 498 000 options d'achat d'actions à des administrateurs, dirigeants et consultants. Les options prennent effet immédiatement lors de l'émission et peuvent être exercées à 0,62 $ par action sur une période de cinq ans. L'octroi est soumis à l'approbation de la Bourse de Toronto Venture.

Wilton Resources Inc. (TSXV: WIL) gab am 14. November 2024 die Gewährung von 498.000 Aktienoptionen an Direktoren, leitende Angestellte und Berater bekannt. Die Optionen werden sofort bei der Ausgabe fällig und können über einen Zeitraum von fünf Jahren zu $0,62 pro Aktie ausgeübt werden. Die Gewährung steht unter dem Vorbehalt der Genehmigung der TSX Venture Exchange.

Positive
  • Immediate vesting of options provides instant equity incentive for key personnel
  • Five-year exercise period offers long-term alignment with company goals
Negative
  • Potential dilution of existing shareholders' value through option issuance

Calgary, Alberta--(Newsfile Corp. - November 14, 2024) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation"), announces that on November 14, 2024 the Board of Directors of the Corporation granted 498,000 stock options (the "Options") to purchase common shares of the Corporation ("Shares") to certain directors, officers and consultants 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 $0.62 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/229984

FAQ

How many stock options did Wilton Resources (TSXV: WIL) grant on November 14, 2024?

Wilton Resources granted 498,000 stock options to directors, officers, and consultants.

What is the exercise price for Wilton Resources' (TSXV: WIL) November 2024 stock options?

The exercise price for the stock options is $0.62 per share.

What is the vesting period for Wilton Resources' (TSXV: WIL) November 2024 stock options?

The options vest immediately on the date of issuance.

How long can the November 2024 stock options be exercised for Wilton Resources (TSXV: WIL)?

The options can be exercised for a period of five years from the date of grant.

WILTON RES INC ORD

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