Toronto, Ontario, January 30, 2025 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to announce that it has closed the sale of 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) as per its announcement of January 20, 2025. The Severed Land is situated north of its wholly owned Pickett Project where Wolfden has retained 3,082 acres (the “Retained Land”) that is host to a high grade polymetallic critical mineral deposit along with all mineral resources and known exploration upside.