Wilton Resources Inc. Announces Resignation of CFO and Appointment of Interim CFO


CALGARY, ALBERTA--(Marketwired - May 22, 2015) - Wilton Resources Inc. (the "Corporation") (TSX VENTURE:WIL) announces Kenneth C. Rutherford's retirement and subsequent resignation as Chief Financial Officer of the Corporation. As well, the board of directors of the Corporation (the "Board") has appointed Allen Emes, a director of the Corporation, as Interim Chief Financial Officer ("CFO") of the Corporation, replacing Mr. Rutherford. The changes are effective immediately. The Board would like to thank and acknowledge Mr. Rutherford for his dedicated contribution to the Corporation. The Board intends to commence a search for a new CFO in due course.

Mr. Emes has been an independent businessman since 2007, serving as a director for certain public companies and managing various personal investments, including serving as a director of the Corporation since October 2008. Prior to 2007, Mr. Emes was a securities industry professional specializing in corporate finance, with an emphasis on oil and gas financing and advisory assignments. Mr. Emes held the positions of Vice President at Integral Securities (2006), Vice President of Woodstone Capital Corporation (2004-2006), Vice Chairman of Octagon Capital (1999-2003), and Senior Vice President of Research Capital (1995-1999).

Immediately prior to entering the investment business, Mr. Emes was Vice President, Finance and Chief Financial Officer for Morgan Hydrocarbons Inc. (1990-1995), and Senior Vice President and Chief Financial Officer of Sceptre Resources Ltd. (1980-1989). Mr. Emes has previously served on the board of directors for Torquay Oil Corp., Glamis Resources Ltd. (now Legacy Oil & Gas Inc.), Lift Resources Inc. and Zapata Energy Corporation (now Surge Energy Inc.) and was Audit Committee Chairman for these companies. As a member of the Alberta Institute of Chartered Accountants (1974), Mr. Emes spent five (5) years as a tax specialist at two (2) international firms, Arthur Anderson & Co and subsequently Peat Marwick Mitchell & Co., with an emphasis on oil and gas and cross-border taxation.

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of the word "intend", 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 search for a new CFO for the Corporation. 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 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 inherent in forward-looking information, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

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

Contact Information:

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