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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (22532)	1/9/2017 11:12:48 AM
From: Goose94	Read Replies (2) \| Respond to of 202707

Wolfden Resources (WLF-V) Jan 9, '17 today announces that it intends to complete a non-brokered private placement of up to 3,500,000 flow-through units at a price of $0.135 per Flow-Through Unit for gross proceeds of up to $472,500. Each Flow-Through Unit will consist of one common share of the Company that is a "flow-through share" within the meaning in the Income Tax Act (Canada) and one-half of one common share purchase warrant. Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.15 per common share for a period of 24 months from the closing date of the Offering. The securities to be issued under this Offering will be offered by way of private placement in the provinces of British Columbia, Alberta and Ontario and such other provinces or territories of Canada as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Offering will be subject to a four-month hold period which will expire four months and one day from the date of closing of the Offering. Closing of the Offering is anticipated to occur on or about January 17, 2017. The Offering is subject to acceptance by the TSX Venture Exchange and other customary conditions for a transaction of this nature. The proceeds for the offering will be used for exploration on the Company's projects in Canada. ABOUT WOLFDEN RESOURCES: Wolfden is a mineral exploration company exploring the Rice Island and Nickel Island properties in Manitoba. Manitoba is ranked #6 in Canada and #19 in the world as the most favorable jurisdiction to conduct mining and exploration (Fraser Institute (2015-2016).The Company also holds a dominant, 24,000 hectare land position in the heart of the Bathurst Mining Camp in New Brunswick. SOURCE Wolfden Resources Corporation Donald Hoy, President and CEO, Wolfden Resources Corporation, Tel: (807) 624-1131, Email: dhoy@wolfdenresources.com