Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) is pleased to announce that further to its press release of November 27th, 2014, due to increased interest, it is increasing the size of the non-brokered private placement (the “Offering”) to up to 7,300,000 flow-through units (the “Flow-Through Units”) at a price of $0.22 per Flow-Through Unit for gross proceeds of up to $1.606 million. Each Flow-Through Unit will consist of one common share of the Company that is a “flow through share” within the meaning in the Income Tax Act (Canada) and one-half of one common share purchase warrant (each whole warrant a “Warrant”). Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.30 per common share for a period of 24 months from the closing date of the Offering. The Company may, in its sole discretion, increase the size of the Offering by up to 20% for up to an additional 1.46 million Flow-Through Units. In connection with the Offering, the Company may pay finders’ 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.