Toronto, Ontario, February 2, 2024 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) announces that today staff for the Maine Land Use Planning Commission (the “LUPC” or “Commission”) released a recommended decision document to deny the Company’s Pickett Project rezoning application. This recommended document follows a deliberative session, attended by some, but not all, of the Commissioners, that occurred on December 13, 2023. In preparation for that deliberative session Commission staff prepared a comprehensive assessment of the evidence to assist the Commissioners in their deliberations. On every key point, Commission staff concluded that the evidence weighed in favor of approval (see the appendix of that document).