Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Offering”) of 4,375,000 common shares of the Company that are “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Flow-Through Shares”) at a price of $0.16 per Flow-Through Share, for gross proceeds of $700,000.