Wolfden Resources Corporation (WLF:TSXV) announces that it has made application to the TSX Venture Exchange (the “Exchange”) to extend the term of the following warrants being (1) 2,547,500 warrants that were originally issued on February 25, 2011 and are exercisable at $0.40 per share presently expiring on February 25, 2013 until 5:00 p.m. (Thunder Bay time) on February 25, 2014; and (2) 360,000 warrants that were originally issued on March 13, 2012 and are exercisable at $0.40 per share presently expiring on March 13, 2013 until 5:00 p.m. (Thunder Bay time) on March 13, 2014. The exercise price of all of the warrants to be extended will remain the same. The extension of the term of these warrants is subject to Exchange approval.