Wolfden Announces Non-Brokered Flow-Through Private Placement of up to $472,500

By January 9, 2017Press Releases

Wolfden Resources Corporation (WLF-TSX-V) (“Wolfden” or the “Company”) today announces that it intends to complete a non-brokered private placement (the “Offering”) of up to 3,500,000 flow-through units (the “Flow-Through Units”) at a price of $0.135 per Flow-Through Unit for gross proceeds of up to $472,500. 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 $0.15 per common share for a period of 24 months from the closing date of the Offering.

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