Mr. Donald Hoy reports

WOLFDEN ANNOUNCES CLOSING OF $675,000 NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Wolfden Resources Corp. has completed a non-brokered private placement of 1.5 million flow-through units at a price of 45 cents per flow-through unit for gross proceeds of $675,000. Each flow-through unit consists of one common share of the company that is a "flow-through share" within the meaning in the Income Tax Act (Canada) and one-quarter of one non-transferable common share purchase warrant. Each such warrant entitles the holder to purchase one common share of the company at a price of 60 cents per common share until Dec. 29, 2018.

The flow-through unit shares and the warrants (including the underlying common shares) issued under the offering are subject to a four-month hold period which will expire on April 30, 2018. The offering is subject to final acceptance by the TSX Venture Exchange.

The proceeds from the offering will be used to finance exploration at the company's Canadian mineral exploration projects.

About Wolfden Resources Corp.

Wolfden is a mineral exploration company holding nickel properties in Manitoba and zinc-lead-copper base-metal properties in Maine, United States, and in New Brunswick (greater than 24,000 hectares).

We seek Safe Harbor.