Wolverine Amends Terms of Private Placement

Frankfurt Symbol: 4LP

July 12, 2016 TSX.V Symbol: WLV Frankfurt Symbol: 4LP _____________________________________________________________________________________

WOLVERINE AMENDS TERMS OF PRIVATE PLACEMENT

WOLVERINE MINERALS CORP. (the “Company”) announces that it has amended the terms of the non-brokered private placement financing announced on June 30, 2016 (the “Financing”).

The Financing will consist of up to 10 million units (each, a “Unit”) at a price of $0.05 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one Share and one share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to purchase one additional Share at a price of $0.075 per Share for the first year and $0.10 per Share for the second year. Insiders may participate in the Financing.

Finders' fees may be payable in connection with the Financing in accordance with the policies of the Exchange.

All securities issued in connection with the Financing will be subject to a statutory hold period expiring four months and one day after closing of the Financing. Completion of the Financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange.

The proceeds of the Financing will be used for working capital purposes.

WOLVERINE MINERALS CORP. www.wolverineminerals.ca

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