Wolverine Minerals Announces Closing of Second and Final Tranche of Private Placement

May 21, 2015 TSX.V Symbol: WLV Frankfurt Symbol: 4LP

WOLVERINE MINERALS ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

Wolverine Minerals Corp. (“Wolverine” or the “Company”) (TSX-V: WLV) announces that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Financing”) of convertible debentures (each, a “Convertible Debenture”), pursuant to which it has issued Convertible Debentures in the aggregate principal amount of $15,000. Each Convertible Debenture is 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. Insiders of the Company purchased Convertible Debentures in the aggregate of $15,000. On May 6, 2015, the Company completed a first tranche of the Financing for gross proceeds of $159,000. To date, the Company has raised a total of $174,000 pursuant to the Financing.

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

The Company did not pay any finder’s fees in connection with the Financing.

The securities issued in connection with the closing of the Financing are subject to a restricted period that expires on September 22, 2015.

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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