Wolfden Resources Corp. is pleased announce that it has upsized its previously arranged and oversubscribed non-brokered private placement financing from 10,000,000 units to 12,600,000 at a price of C$0.32 per unit for gross proceeds of $4.03 million . Each unit is comprised one common share of the Company and one half of a share purchase warrant. Each whole share purchase warrant can be converted in one common share of [...]
Wolfden Resources Corp. is pleased announce that it has arranged for a non-brokered private placement financing that consists of 10,000,000 units at a price of C$0.32 per unit for gross proceeds of $3.2 million . Each unit is comprised one common share of the Company and one half of a share purchase warrant. Each whole share purchase warrant can be converted in one common share of the Company at a price of $0.45 for two [...]
Wolfden Resources Corp. is pleased to announce that the Company has commenced a 2,300 metre diamond drill program designed to expand its wholly owned Rice Island strategic-metal nickel-copper-cobalt deposit with support of a $230,000 grant from the Manitoba Government Mineral Development Fund. The deposit is well located near the town of Snow Lake and its existing infrastructure that includes power, an experienced mining [...]
Wolfden Resources Corp. is pleased to announce the completion of a non-brokered private placement of 1,550,000 common shares of the Company that are "flow-through shares" within the meaning in the Income Tax Act at a price of $0.40 per Flow-Through Share for gross proceeds of $620,000. The securities issued under this Offering are by way of private placement in the provinces of Ontario and British Columbia, pursuant to [...]
Wolfden Resources Corp. is pleased to announce additional positive drill results from its wholly owned Pickett Mountain Property in Northeastern Maine. Results include all assays for the final six holes that targeted the Footwall Zone that was discovered approximately150-200 metres north of the Pickett Mt. deposit. This massive to semi massive sulphide to stringer sulphide lens continues to deliver better than expected [...]
Drill Program to commence on its Rice Island Strategic-Metal Ni-Cu-Co Deposit Wolfden Resources Corp. is pleased to announce that the Company has been awarded a $230,000 grant from the Manitoba Mineral Development Fund to support a 2,300 metre diamond drill program designed to expand its wholly owned Rice Island strategic-metal nickel-copper-cobalt deposit. The deposit is well located near the town of Snow Lake and its [...]
Wolfden Resources Corp. announces today announces that it intends to complete a non-brokered private placement of up to 1,500,000 common shares of the Company that are "flow-through shares" within the meaning in the Income Tax Act at a price of $0.40 per Flow-Through Share for gross proceeds of up to $600,000. The Company may, in its sole discretion, increase the size of the Offering, by up to 15% for up to an additional [...]
Wolfden Resources Corp. announces that it has granted a total of 1,750,000 options to purchase common shares of the Company to certain directors, officers, employees and consultants pursuant to the Company's Share Incentive Plan. Such options have an exercise price of $0.32 per common share and expire on February 4, 2026. The grant relates in part to the Company's annual review of compensation and notes that the last [...]
Wolfden Resources Corp. is pleased to announce that it has completed a non-brokered private placement of 6,250,000 common shares of the Company at a price of C$0.32 per Common Share with Altius Minerals Corporation and Kinross Gold Corporation for gross proceeds of $2 million . Altius now holds approximately 12.6% and Kinross holds approximately 11.4% of the issued and outstanding shares of the Company. The majority of [...]
Wolfden Resources Corporation is pleased announce that it has entered into a subscription agreement with Altius Minerals Corp. and Kinross Gold Corporation for a non-brokered private placement of 6,250,000 common shares of the Company at a price of C$0.32 per Common Share for gross proceeds of $2 million . Upon closing, Altius will hold approximately 12.5% and Kinross will hold approximately 11.4% of the issued and [...]
Highlights include 52.9% ZnEq over 0.75 metres in the Footwall of the East Lens Wolfden Resources Corporation is pleased to report additional positive step-out drill results proximal to the known polymetallic mineral resource of the Company's wholly owned Pickett Mountain deposit in Northeastern Maine. Hole PM20-07 intersected 52.9% ZnEq over 0.75 metres that is comprised of 24.2% Zn, 11.2% Pb, 3.1% Cu, 514 g/t Ag and 2.1 [...]
Historical results indicate a significant silver-rich polymetallic system Wolfden Resources Corporation is pleased to announce it has signed an option agreement to earn a 100% interest in the Big Silver Project in Maine. Historical work on the property discovered a significant silver rich polymetallic system where 2,854 core samples averaged 28 g/t Ag and were locally as high as 2,245 g/t Ag. In addition, soil samples [...]