Thunder Bay, Ontario, March 30, 2021 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased announce that it has completed an upsized and oversubscribed non-brokered private placement financing of 12,725,000 units at a price of C$0.32 per unit for gross proceeds of $4.07 million (the “Offering”). Each unit is comprised one common share of the Company and one half of a common share purchase warrant. Each whole purchase warrant can be converted in one common share of the Company at a price of $0.45 for two years, subject to acceleration in certain circumstances.