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Wilton Resources Inc.

Exchange: TSXV Exchange | Apr 25, 2019, 2:48 AM EDT

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Wilton Resources Inc. Announces Appointment of New Director and CFO

Appointment of Independent Director

Calgary, Alberta--(Newsfile Corp. - November 22, 2018) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation") announces it has accepted the resignation of Mr. Allen Emes as a director and Chief Financial Officer of the Corporation. The Corporation would like to thank Mr. Emes for his service. The remaining directors of the Corporation have appointed Mr. Gerald Roe to fill the vacancy on the board of directors created by the resignation of Mr. Emes until the next annual general meeting of the shareholders of the Corporation or until he otherwise ceases to hold office or his successor has been elected. Mr. Roe's appointment is subject to review and approval by the TSX Venture Exchange Inc. ("TSXV").

Mr. Roe has been a director of Tenth Avenue Petroleum Corp. since May 2011 and a director of ExGen Resources Inc. since October 2003. Prior thereto, Mr. Roe served as a director for GASFRAC Energy Services Inc. from May 2006 to April 2014 and as the Chief Operating Officer of Canadian Overseas Petroleum Limited from May 2009 to April 2011.

Appointment of CFO

The Corporation also announces that Manjeet Dhillon has been appointed as the Chief Financial Officer of the Corporation. Mr. Dhillon is a chartered accountant with over twenty years' experience in financial reporting and related financial matters. Mr. Dhillon's appointment is subject to review and approval by the TSXV.

Changes to Board Committees

The Corporation also announces that it has re-constituted its Audit Committee to ensure that it is composed of a minimum of three members of the board of directors of the Corporation. Accordingly, the members of the Audit Committee are Gerald Roe, Stuart McDowall and Darryl Raymaker.

For Further Information Please Contact:

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

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


Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information with respect to the appointments of Mr. Roe and Mr. Dhillon. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The material facts and assumptions include obtaining approval of the Exchange of the proposed appointments of Mr. Roe and Mr. Dhillon. The Corporation cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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.

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.


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