Wolfden Announces Increase to Non-Brokered Flow-Through Private Placement to up to $700,000

By June 1, 2017Press Releases

Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) is pleased to announce that further to its news release of May 29, 2017 and due to enhanced interest, it is increasing the size of the non-brokered private placement (the “Offering”) to up to 4,375,000 common shares of the Company that are “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Flow-Through Shares”) at a price of $0.16 per Flow-Through Share for gross proceeds of up to $700,000. In connection with the Offering, the Company may pay finder’s fees to certain arm’s length parties in accordance with the rules of the TSX Venture Exchange (the “TSXV”) in consideration for their efforts in introducing subscribers to the Company.

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