Wolfden Resources Corporation (TSXV:WLF) announced a private placement of up to 500,000 units at a price of CAD 0.29 per unit for gross proceeds of up to CAD 145,000 on January 2, 2018. The transaction will include participation from Ronald Little. The common shares and warrants to be issued pursuant to the transaction will be subject to a four month hold period. The completion of the transaction is subject to receipt of required regulatory approvals, including the approval of the TSX Venture Exchange and is expected to close on or about January 6, 2018. As part of the transaction, Ronald Little will join the company’s board of directors. The company also granted options to acquire up to 600,000 common shares at an exercise price of CAD 0.53 per share and expiring five years from the date of grant.