Wolverine Announces the Completion of Exploration on the Frog Property

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2022) - Wolverine Resources Corp. (OTC Pink: WOLV) ("Wolverine") announced today that, in conjunction with 86835 Newfoundland & Labrador Corp ("86835"), exploration activities have been concluded on their 7,843 hectares (19,380 acres) Frog property located approximately 30 kilometres south of the Voisey's Bay nickel, copper, and cobalt deposit operated by Voisey's Bay Nickel Company Ltd. The program consisted of prospecting in an area of strong magnetics delineated by a ground magnetics survey completed earlier in the year.

A total of 23 rock samples were sent to Eastern Analytical Ltd of Springdale, Newfoundland for analyses for nickel and copper sulphides as well as rare earth element minerals. Analytical results from the prospecting program will be released following the completion of laboratory testing.

86835 Newfoundland & Labrador Corp.

86835 is an Innu owned and operated private mineral exploration company which owns mineral properties in both Newfoundland and Labrador.

86835 would like to thank the Junior Exploration Assistance program of the Mineral Development Division of the Province of Newfoundland and Labrador for financial assistance related to the program.

On Behalf of the Board

Bruce Costerd
CEO

For further information please contact:

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

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

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 exploration of the Frog Property.

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/143257