Wolverine Announces Financing of up to $500,000

Vancouver, British Columbia--(Newsfile Corp. - May 24, 2022) - Wolverine Technologies Corp. (OTC Pink: WOLV) ("Wolverine") announced today a private placement of up to 200,000,000 common shares at a price of CDN $0.0025 (USD $0.002) per share for gross proceeds of up to CDN $500,000. The proceeds from the private placement will be used for exploration of Wolverine's Frog Property and Cache River Property located in Labrador, Canada, and general working capital.

For further information on Wolverine's Frog Property and Cache River Property please visit the Project Summary Page of our website at the link below:

http://wolverinetechnologiescorp.com/index56e1.html?page=projects

On Behalf of the Board

Bruce Costerd
CEO

For further information please contact:

Bruce Costerd (778) 297-4409
investor@wolverinetechnologiescorp.com
http://www.wolverinetechnologiescorp.com

Investor Relations
Mr. Dale Shirley
Big Reach Media, Inc.
Mobile: (780) 964-4732
dale@bigreachmedia.com
http://www.bigreachmedia.com/

The securities to be issued and sold in the private placement will not be registered under the Securities Act of 1933 as amended (the "Act") and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Act.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the private placement

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125049