Thunder Bay, Ontario, January 18, 2021 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased announce that it has entered into a subscription agreement with Altius Minerals Corporation (“Altius”) and Kinross Gold Corporation (“Kinross”) for a non-brokered private placement of 6,250,000 common shares of the Company (“Common Shares“) at a price of C$0.32 per Common Share for gross proceeds of $2 million (the “Offering“). Upon closing, Altius will hold approximately 12.5% and Kinross will hold approximately 11.4% of the issued and outstanding shares of the Company.
