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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that further to its press release dated September 20, 2012 confirming that International Metal Working Companies B.V. ("IMC") have confirmed their satisfaction with due diligence results on the Sangdong project, Woulfe is now moving forward with its proposed KRW 168 Billion (US$150 million) debt financing with Shinhan Bank, as announced on July 11, 2012. Shinhan Bank is one of the largest commercial banks in Korea. On completion of formal due diligence over the next 4-6 weeks, the parties are expected to move to binding debt financing agreement. |
