Wolverine Minerals Corp. (TSXV:WLV) announced a non-brokered private placement of convertible debentures in the aggregate principal amount of up to CAD 400,000 on December 23, 2014. The convertible debentures bear fixed interest rate of 10% per annum and mature one year from the date of the closing.

Each convertible debenture will be convertible into units at a conversion price of CAD 0.05 per unit. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one share at a price of CAD 0.05 per share for a period of three years.

The company may pay finders' fees in accordance with the policies of the TSXV. The transaction is subject to regulatory approval.