Wolverine Announces Private Placement

Suite 3023, Bentall Three Tel: 604-689-5722

595 Burrard Street, PO Box 49212 Fax: 604-685-9182

Vancouver, BC, Canada, V7X 1K8

News Release Page 1

Frankfurt Symbol: 4LP

January 19, 2017 TSX.V Symbol: WLV

Frankfurt Symbol: 4LP

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WOLVERINE ANNOUNCES PRIVATE PLACEMENT

WOLVERINE MINERALS CORP. – (the “ Company”) announces that, subject to regulatory

approval, it has arranged a non-broker ed private placement financing (the “ Financing”) of up

to 1,500,000 units (each, a “ Unit”) at a price of $0.07 per Unit for gross proceeds of up to

$105,000. 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 $0.085 per Share for a period of

three years from closing of the Financing. Insiders may participate in the Financing.

All securities issued in connection with the Fina ncing 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.

WOLVERINE MINERALS CORP.

Per: “Thomas A. Doyle”

Thomas A. Doyle

President & CEO

www.wolverineminerals.ca

For further information, please contact:

Thomas A. Doyle

Logan Anderson

Phone: (604) 689- 5722

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.