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File: WOF_NR141007.doc




Vancouver, British Columbia - October 7, 2014 - Woulfe Mining Corp. (CSE: WOF, Frankfurt: OZ4)

Woulfe Mining Announces Issuance of Shares

October 7, 2014 - Vancouver, Canada - Woulfe Mining Corp. ("Woulfe" or the "Company") (CSE: WOF, Frankfurt: OZ4) furth
--->er to the Company's news release dated March 10, 2014, the Company announces that it has elected to issue 1,209,863 co
--->mmon shares, at a deemed price of $0.10 per share, to Dundee Corporation ("Dundee") in satisfaction of the interest du
--->e and payable on September 30, 2014, under the Convertible Debenture Agreement dated March 7, 2014, entered into betwe
--->en the Company and Dundee.

The common shares issued in satisfaction of the interest will be subject to a four-month hold period from the date of 
--->issuance.

Additionally, further to the Company's news release dated August 21, 2014, the Company advises that 13,075,000 warrant
--->s that were due to expire on August 31, 2014, have been extended to August 31, 2015.

On Behalf of the Board of Directors Woulfe Mining Corp.

"Michel Gaucher"
Michel Gaucher, CEO and Director
About Woulfe Mining Corp.
Woulfe Mining Corp., through its wholly-owned subsidiary, Sangdong Mining Corporation, is dedicated to developing the 
--->Sangdong tungsten-molybdenum mine which was historically one of the largest tungsten mines in the world and one of the
---> few long-life, high-grade tungsten deposits located outside of China.
Woulfe Mining Corp. is listed on the Canadian Stock Exchange.