Wolverine Minerals Corp. (‘Wolverine’ or the ‘Company’) (TSX-V: WLV) announces that,
April 10, 2015 TSX.V Symbol: WLV Frankfurt Symbol: 4LP
Wolverine Minerals Corp. (‘Wolverine’ or the ‘Company’) (TSX-V: WLV) announces that, subject to regulatory approval, it will be conducting a non-brokered private placement (the “Financing”) of convertible debentures (each, a “Convertible Debenture”) in the aggregate principal amount of up to $200,000. Each Convertible Debenture will be convertible into units (each, a “Unit”) of the Company at a conversion price of $0.05 per Unit. Each Unit consists of one common share (each, a “Share”) and one non-transferable share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one Share at a price of $0.05 per Share for a period of three years. The Convertible Debentures mature one (1) year from the date of the closing of the Financing (the “Maturity Date”) and bear interest at the rate of 10% per annum payable on the Maturity Date.
The proceeds of the Financing will be used for general working capital. Finders' fees may be payable in connection with the Financing in accordance with the policies of the TSXV.
WOLVERINE MINERALS CORP. www.wolverineminerals.ca
Per: “Thomas A. Doyle” For further information, please contact: Thomas A. Doyle Thomas A. Doyle President & CEO Logan Anderson Phone: (604) 689- 5722 Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Suite 1085, 555 Burrard Street Tel: 604-689-5722 PO Box 201 Fax: 604-685-9182 Vancouver, BC, Canada, V7X 1M8
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