Thunder Bay, Ontario, February 24, 2021 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to announce the completion of a non-brokered private placement (the “Offering”) of 1,550,000 common shares of the Company that are “flow-through shares” within the meaning in the Income Tax Act (Canada) (the “Flow-Through Shares”) at a price of $0.40 per Flow-Through Share for gross proceeds of $620,000.