Thunder Bay, Ontario, March 29, 2019 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased announce that it has completed a non-brokered private placement of 12,500,000 common shares of the Company (“Common Shares“) at a price of C$0.20 per Common Share with Kinross Gold Corporation (“Kinross”) for gross proceeds of C$2,500,000. Kinross now holds approximately 9.7% of the issued and outstanding shares of the Company. The shares issued to Kinross are subject to a four-month hold period under applicable Canadian securities laws, which expires on July 30, 2019.