Toronto, Ontario, February 15, 2024 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) announces that the Maine Land Use Planning Commission (the “LUPC” or “Commission”) denied the request by Wolfden and Franklin County to delay final action on the Company’s Pickett Project rezoning application until all 9 of the LUPC Commissioners could participate. Instead, 5 of the 7 commissioners in attendance at the meeting voted to deny the application. The vote is contrary the comprehensive assessment prepared by LUPC staff in support of the deliberative session held on December 13, 2023. That document summarized the record evidence and, on every key issue concluded that the evidence weighed in favor of a rezoning approval (see the appendix of that document).