Woulfe Mining Corp WFEMF

RE:RE:RE:RE:NEWS- Woulfe Mining Extends Term Loan

[Segusmundo]

Chizzles...my take is: 1) by its loan renewal, IMC remains in for the long run and is confident of Woulfe survival even without IMC contributing another 5 million for operating expenses, 2) IMC not extending another 5 million means Dundee, or somebody else, will be paying Woulfe payables during the rest of 2014 or until the IMC agreement is finalized, 3) by shortening the loan renewal date to December 2014, the parties expect an agreement soon, 4) the IMC agreement is conditional upon and will not occur until the Dundee work project is successfully completed. Seg.