Thunder Bay, Ontario, January 27, 2021 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 6,250,000 common shares of the Company (“Common Shares“) at a price of C$0.32 per Common Share with Altius Minerals Corporation (“Altius”) and Kinross Gold Corporation (“Kinross”) for gross proceeds of $2 million (the “Offering“). Altius now holds approximately 12.6% and Kinross holds approximately 11.4% of the issued and outstanding shares of the Company.
