Thunder Bay, Ontario, December 16 , 2022 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) announces that is has completed a non-brokered private placement financing previously announced on December 8, 2022. The private placement consists of 10,952,310 common shares of the Company (“Common Shares“) issued at a price of C$0.21 per Common Share for gross proceeds of $2.3 million (the “Financing“).