Wolverine Announces Closing of Private Placement

Suite 1085, 555 Burrard Street Tel: 604-689-5722

PO Box 201 Fax: 604-685-9182

Vancouver, BC, Canada, V7X 1M8

News Release Page 1

December 11, 2017 TSX.V Symbol: WLV

Frankfurt Symbol: 4LP

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WOLVERINE ANNOUNCES CLOSING OF PRIVATE PLACEMENT

WOLVERINE MINERALS CORP. (the “Company”) announces that, further to its News Release of

December 8, 2017, it has closed a non-br okered private placement financing (the “ Financing”) of

5,000,000 units (each, a “ Unit”) at a price of $0.075 per Unit for gross proceeds of $375,000. Each

Unit consists of one common share of the Company (each, a “ Share”) and one share purchase

warrant (each, a “ Warrant”). One Warrant entitles the holder thereof to purchase one additional

Share of the Company at a price of $0.10 per Share in the first year following the closing date (the

“Closing”) and at a price of $0.125 per Share in the second year following the Closing until 5:00 p.m.

(Vancouver time) on the date of expiration of the Warrant, which is two (2) years following the

Closing.

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

All securities issued in connection with the Financing are subject to a statutory hold period expiring

four months and one day after issuance of the securities.

WOLVERINE MINERALS CORP.

Per: “Thomas A. Doyle”

Thomas A. Doyle

President & CEO

www.wolverineminerals.ca

For further information, please contact:

Thomas A. Doyle or Logan Anderson

Phone: (604) 689- 5722

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts respon sibility for the adequacy or accuracy of this

release.