Silver Wolf Closes $1,000,000 Offering to Fund Drill Program

Silver Wolf Exploration Ltd. has announced the closing of a non-brokered private placement offering of 6,666,666 units at a price of C$0.15 per unit, raising gross proceeds of C$1,000,000. Each unit includes one common share and one-half of a non-transferable common share purchase warrant, allowing the purchase of one additional share at C$0.25 within 36 months.

Insiders participated in the offering, acquiring 464,999 units. The transaction qualifies as a related-party transaction but remains exempt from certain regulatory requirements. Finder's fees totaling C$33,580 were paid to several financial corporations.

The funds will support exploration and drilling at the Ana Maria property in Mexico and general working capital. President Peter Latta expressed gratitude to participants and highlighted the company's excitement for the upcoming drilling program at Ana Maria.