Silver Wolf Raises C$2.125 Million for Ana Maria Drilling Program

Silver Wolf Exploration Ltd. successfully concluded its non-brokered private placement, raising C$2.125 million. The offering involved 14,166,665 units at C$0.15 each. Each unit comprises one common share and a warrant to purchase an additional share at C$0.25, valid for 36 months. The funds will be directed towards exploration at the Ana Maria property in Mexico, with a 13-hole drill program targeting the Skarn area.

In a related transaction, Avino Silver & Gold Mines Ltd. increased its investment in Silver Wolf by acquiring 5,000,000 units for C$750,000. This transaction is categorized as a "related party transaction" under MI 61-101 but benefits from certain exemptions. Post-offering, Avino's ownership stands at 11.65% of Silver Wolf's shares.

The closure of this offering is pending final acceptance from the TSX-Venture Exchange.