Woulfe Mining to List on CSE, Delist from TSXV

Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(FRANKFURT:OZ4)
announces that it has received conditional approval to list its common shares on
the Canadian Stock Exchange ("CSE"), and intends to voluntarily delist its
common shares from the TSX Venture Exchange (the "TSX-V"). The Company's common
shares are expected to be delisted from the TSX-V at the close of business on
March 7, 2014, being 10 trading days from today's date, and with trading
anticipated to commence on the CSE on Monday, March 10, 2014 under the symbol
"WOF". 


The Company expects that the transition between the TSX-V and the CSE will be
completed in a seamless manner. 


Concurrent with listing on the CSE, and further to its news release of January
27, 2014, the Company will be completing the non-brokered private placement to
raise $4,000,000 through the sale of convertible unsecured subordinated
debentures (the "Offering") at a price of $1,000 per debenture ("Debentures")
all as more particularly described in the Company's news release of January 27,
2014. 


The Company has agreed to pay Dundee Securities Ltd. an advisory fee of 10% of
the gross proceeds from the sale of the Debentures forming the Offering payable
in units (each a "Unit") at a price of $0.13 per Unit. Each Unit will comprise
one common share and one share purchase warrant entitling the holder to acquire
an additional common share at a price of $0.13 for a period of 60 months from
the closing of the Offering. 


The Company intends to use the net proceeds of the Offering to commence proposed
$6 million work program on the Sangdong project as previously announced on
October 28, 2013 and to fund the Company's working capital deficit and budgeted
general and administrative costs for 2014. 


As previously disclosed, Dundee Corporation will subscribe for the full amount
of the Debentures being offered. 


On Behalf of the Board of Directors 

Woulfe Mining Corp. 

Hubert Marleau, Interim Chief Executive Officer and Director 

For further information, please contact Mr. Marleau at 1-343-370-1943

About Woulfe Mining Corp.Woulfe Mining Corp., through its wholly-owned
subsidiary, Sangdong Mining Corporation, is dedicated to developing the Sangdong
tungsten-molybdenum mine which was historically one of the largest tungsten
mines in the world and one of the few long life, high-grade tungsten deposits
located outside of China. 


Woulfe Mining Corp. is a CSE listed company. 

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. 


Forward-looking statements and forward-looking information by their nature are
based on assumptions and involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or
information. We have made certain assumptions about the forward-looking
statements and information and even though our management believes that the
assumptions made and the expectations represented by such statements or
information are reasonable, there can be no assurance that the forward-looking
statement or information will prove to be accurate. Furthermore, should one or
more of the risks, uncertainties or other factors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements or information. These risks,
uncertainties and other factors include, among others, the following: commodity
price volatility; discrepancies between actual and estimated production, mineral
reserves and resources and metallurgical recoveries; mining operational and
development risk; litigation risks; regulatory restrictions, including
environmental regulatory restrictions and liability; failure to complete the
strategic arrangement described in this release, including because of the
failure to satisfy the conditions to closing of the transaction, risks of
sovereign investment; currency fluctuations; speculative nature of mineral
exploration; global economic climate; dilution; share price volatility;
competition; loss of key employees; additional funding requirements. 


There can be no assurance that forward-looking statements or information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, you should
not place undue reliance on the forward-looking statements or information
contained herein. Except as required by law, we do not expect to update
forward-looking statements and information continually as conditions change and
you are referred to the full discussion of the Company's business contained in
the Company's reports filed with the appropriate regulatory authorities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Woulfe Mining Corp.
Hubert Marleau
Interim Chief Executive Officer and Director
1-343-370-1943
[e-mail]


Woulfe Mining Corp.
Administration Office
[phone]
[phone] (FAX)
www.woulfemining.com