Toronto, Ontario, January 20, 2025 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to announce that it has agreed to sell a 3,770 acre parcel (the “Severed Land”) from its 6,862 acre timberland property in Maine for gross proceeds of $2.1 million (US$1.5 million). The Severed Land is situated north of its wholly owned Pickett Project where Wolfden retains 3,082 acres of the southern portion of the original parcel (the “Retained Land”) that is host to a high grade polymetallic critical mineral deposit along with all mineral resources and known exploration upside.