Silver Wolf Exploration Ltd. announced a non-brokered private placement of up to 6,666,667 units of the company at a price of CAD 0.15 per unit for the gross proceeds of CAD 1,000,000 subject to a minimum of 4,000,000 units for gross proceeds of not less than CAD 600,000 on May 23, 2024. Each unit will be comprised of one common share of the company and one half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder to purchase one additional common share of the company at an exercise price of CAD 0.25 at any time up to 36 months following the date of issuance.

The transaction is subjected to TSX Venture Exchange approval.