Thunder Bay, Ontario, December 8 , 2022 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) announces an update to its non-brokered private placement financing previously announced on November 28, 2022. The proposed private placement will now consist of up to 12,857,142 common shares of the Company (“Common Shares“) issued at a price of C$0.21 per Common Share for gross proceeds of up to $2.7 million (the “Offering“).