Wolfden Arranges $2.5M Strategic Partner Financing with Kinross Gold Corporation, March 19, 2019

By March 19, 2019Press Releases

Thunder Bay, Ontario, March 19, 2019 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased announce that it has entered into a subscription agreement with Kinross Gold Corporation (“Kinross”) for a non-brokered private placement of 12,500,000 common shares of the Company (“Common Shares“) at a price of C$0.20 per Common Share for gross proceeds of C$2,500,000 (the “Offering“). Upon closing, Kinross shall hold approximately 9.7% of the issued and outstanding shares of the Company.

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