WOLFDEN PRESS RELEASE
WOLFDEN RESOURCES INC. (TSX-V:YWO) is pleased to announce that it has filed a final prospectus dated April 25, 2003 qualifying the distribution of, among other securities, (i) 2,750,000 "flow-through" common shares of Wolfden to be issued without additional consideration upon the exercise of 2,750,000 class A special warrants of Wolfden and (ii) 450,000 common shares of Wolfden to be issued without additional consideration upon the exercise of 450,000 class B special warrants of Wolfden. Provided that they are not previously exercised by the holders thereof, the foregoing special warrants will be exercised, and the common shares of Wolfden issuable upon the exercise thereof, will be issued at the end of business on May 5, 2003 in accordance with the provisions of the special warrant indenture governing such special warrants.
WOLFDEN is a Canadian based mineral exploration and development company with a diversified portfolio of advanced stage properties and several ongoing exploration programs in Canada. Wolfden is debt free and has a strong treasury.
For further information, please contact:
Ewan Downie, President Phone: 807-346-1668 Fax: 807-473-1977
e-mail: wolfden@baynet.net Web Site: www.wolfdenresources.com
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
