Wolverine Minerals Announces Proposed Share Consolidation

May 11, 2016 TSX.V Symbol: WLV Frankfurt Symbol: 4LP

WOLVERINE MINERALS ANNOUNCES PROPOSED SHARE CONSOLIDATION

Wolverine Minerals Corp. (the “Company”) (TSX-V: WLV) announces that it intends to proceed with a consolidation of its outstanding common shares (each, a “Share”) on the basis of five (5) preconsolidation Shares for one (1) post-consolidation Share (the “Consolidation”).

Currently, a total of 24,923,147 Shares are issued and outstanding. Accordingly, if the Consolidation is put into effect, a total of 4,984,630 Shares, subject to adjustments for rounding, would be issued and outstanding, assuming there are no other changes in the issued capital of the Company. There is currently no maximum number of authorized Shares. There is no name change in conjunction with the Consolidation. The Consolidation is subject to the approval of the TSX Venture Exchange.

WOLVERINE MINERALS CORP. www.wolverineminerals.ca

Per: “Thomas A. Doyle” For further information, please contact: Thomas A. Doyle President & CEO Thomas A. Doyle 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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