Wolfden announces closing of $675,000 non-brokered flow-through private placement

By December 29, 2017Press Releases

Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) is pleased to announce that it has completed non-brokered private placement (the “Offering”) of 1,500,000 flow-through units (the “Flow-Through Units”) at a price of $0.45 per Flow-Through Unit for gross proceeds of $675,000. Each Flow-Through Unit consists of one common share of the Company that is a “flow-through share” within the meaning in the Income Tax Act (Canada) (a “Flow-Through Unit Share”) and one-quarter of one non-transferrable common share purchase warrant (each whole warrant a “Warrant”). Each such Warrant entitles the holder to purchase one common share of the Company at a price of $0.60 per common share until December 29, 2018.

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