Mr. William Sheriff of Wolfpack reports

WOLFPACK GOLD COMPLETES SALE OF WOLFPACK GOLD (NEVADA) TO TIMBERLINE RESOURCES; CHANGES NAME TO ENCORE ENERGY CORP.

Wolfpack Gold Corp. has completed the business combination transaction with Timberline Resources Corp. announced April 17, 2014. Concurrently, the company has changed its name to enCore Energy Corp.

"With the transaction close, our shareholders' gold interests combine with Timberline's assets to create a stronger Nevada gold company focused on the dedicated advancement of the Lookout Mountain-South Eureka project," said William M. Sheriff, chairman. "In addition to the pro rata distribution of Timberline shares, Wolfpack shareholders of record will continue to hold their shares in the company, which will be focused on its quality uranium assets in the United States in anticipation of a resurgence in the uranium markets."

Pursuant to a plan of arrangement under the Business Corporations Act (British Columbia), Timberline acquired all of the outstanding shares of Wolfpack Gold (Nevada) Corp., a wholly owned subsidiary of the company, and issued 42,932,063 common shares to Wolfpack for pro rata distribution to its shareholders. Each Wolfpack shareholder of record on Aug. 15, 2014, will receive 0.75 of a Timberline share for each share of Wolfpack held at closing. Wolfpack shareholders will hold, as a group, approximately 36 per cent of the outstanding Timberline shares. The company's shares will commence trading under the name enCore Energy Corp. and symbol EU, at the opening of trading on the TSX Venture Exchange, on Aug. 20, 2014. A new Cusip of 29259W106 and a new ISIN number of CA29259W1068 have been obtained to distinguish the name change.

Timberline board of directors and management team

At closing, Mr. Sheriff and John Watson joined Timberline's board of directors.

Procedure for exchange of Wolfpack shares and receipt of Timberline shares

Each existing Wolfpack share held by shareholders of record on Aug. 15, 2014, is exchangeable for one new enCore share and 0.75 of a Timberline share. To receive certificates representing their new enCore shares and their pro rata portion of Timberline shares, each shareholder must return the certificate representing their Wolfpack shares and a completed letter of transmittal to the company's depositary, Olympia Trust Company, at 750 West Pender St., Suite 1003, Vancouver, B.C., V6C 2T8. The letter of transmittal and instructions regarding the completion and return of the letter of transmittal are set out in the company's management information circular sent to all registered shareholders on July 10, 2014. Shareholders, holding Wolfpack shares through a broker or other person, should contact that broker or other person for instructions and assistance in receiving their shares. Shareholders should expect to receive their new share certificates within two weeks of returning all required documentation to the company's depositary. Shareholders may obtain an extra copy of the letter of transmittal on-line under the company's SEDAR profile or by contacting the depositary at 1-604-484-8638 or at vaninquiries@olympiatrust.com.

We seek Safe Harbor.