KELOWNA, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.
Wolfpack Capital Corp. (the "Corporation") (TSX VENTURE:WLP.P) announced today that as a result of the
Corporation's inability to complete a qualifying transaction within the time period prescribed by the TSX Venture Exchange (the
"Exchange"), the Corporation has applied for a transfer to the NEX board of the Exchange (the "NEX Transfer") which the Exchange
has accepted. The Exchange has advised that it will issue a bulletin on the NEX Transfer where the Corporation's symbol will
change from WLP.P to WLP.H. effective October 20, 2016.
The Corporation obtained the requisite shareholder approval (exclusive of the votes of non-arm's length parties to the
Corporation) for the NEX Transfer at a meeting of its shareholders held on December 1, 2015. As required under Exchange policy,
an aggregate of 1,000,000 common shares of the Corporation subject to escrow and held by the Corporation's officers and
directors, have been cancelled in order to complete the NEX Transfer.
At this time, the Corporation continues to pursue the proposed qualifying transaction with Hydrate Resources Corp. previously
announced on October 13, 2016. Trading of the Corporation's shares is expected to remain suspended until such transaction is
completed.
About the Corporation
The Corporation is designated as a Capital Pool Company by the Exchange. The Corporation has not commenced commercial
operations and has no assets other than cash. The only business of the Corporation is the identification and evaluation of assets
or businesses with a view to completing a "Qualifying Transaction" in accordance with Exchange Policy 2.4 - Capital Pool
Companies.
Neither the 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 accuracy or adequacy of this release.