Wolfden announces AGM results and retirement of director

THUNDER BAY, ON, June 23, 2014 /CNW/ - Wolfden Resources Corp. (WLF:TSX-V) ("Wolfden" or the "Company") is pleased to announce that shareholders approved all resolutions at its Annual and Special Meeting of Shareholders held on June 20, 2014 at the Company's office in Thunder Bay, Ontario. Shareholders voted to elect as directors for the ensuing year, Ewan Downie, David Brown, Iain Downie, Donald Hoy, Daniel Mechis and Thomas Quigley.

Prior to the meeting, Mr William (Bill) McCrindle informed the Board of his intention to retire, and that he would not be seeking re-election. Consequently, Mr McCrindle's prior responsibilities on the audit and compensation committees have been reassigned to other independent directors.

George Topping, CEO, commented, "The Board of Directors and management thank Bill for his valuable contribution to Wolfden through the years. Bill had been a long standing director of Wolfden and has been instrumental in its successful evolution."

About Wolfden Resources
Wolfden is an exploration company with a dominant, 20,000 hectare, land position in the heart of the Bathurst Mining Camp, New Brunswick. New Brunswick was ranked #7 in the world as the most favourable jurisdiction to undertake mining and exploration by the Fraser Institute (2013). The company's Tetagouche property is host to 5 historic massive sulphide deposits and offers excellent potential for new discoveries. The property is located within 20 kilometres of the famous Brunswick No. 12 mine (Glencore) and mill and the soon to be commissioned Caribou complex (Trevali).

This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements relating to plans and results of exploration and the magnitude and quality of the property. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties;(i) risks inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities and development of mineral properties; (iv) stock market volatility and capital market fluctuations; and (v) general market and industry conditions. Actual results and future events could differ materially from those anticipated in such information. These forward-looking statements are based on estimates and opinions of management on the date hereof and are expressly qualified by this notice. The Company assumes no obligation to update any forward looking information or to update the reasons why actual results could differ from such information unless required by applicable law.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the accuracy or adequacy of this release.

SOURCE Wolfden Resources Corp.