Wolfden Resources Corporation (the “Company”) is pleased to announce that it has completed its initial public offering (the “Offering”) for total gross proceeds of $9,956,020 through a syndicate of agents led by Canaccord Genuity Corp. and including RBC Dominion Securities Inc. and Jones, Gable & Company Limited (the “Agents”). The Company has received conditional approval from the TSX Venture Exchange (the “TSXV”) to list its common shares on the TSXV as a Tier 1 Mining Issuer. The Company anticipates that the common shares will commence trading on the TSXV under the symbol “WLF” upon the opening of business on October 22, 2012.