Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX
VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce the re-election
of Brian Wesson, John Icke, David Constable, Amelia Wesson and Hubert Marleau as
Directors of the Company at its Annual General Meeting (AGM) held on November
21, 2012. All the resolutions put forward in the Proxy were passed by
shareholders, including the ratification of the Company's stock option plan and
the advance notice policy adopted by the board on October 22, 2012, both
described in the Company's information circular available on SEDAR at
www.sedar.com.


On Behalf of the Board of Directors

Woulfe Mining Corp. 

Brian Wesson (FAusIMM), President, CEO and Director 

About Woulfe Mining Corp "Unearthing Global Assets"

Woulfe Mining Corp is focused on 'Unearthing Global Assets' through the
recognition and development of undervalued natural resource projects. Woulfe
differentiates itself by boasting significant technical expertise in the design,
development and operation of mining projects. Our flag ship project is the
Sangdong tungsten mine in South Korea, historically the world's largest tungsten
mine for over 40 years. Sangdong is expected to return to production by Q4 of
2013. Woulfe has entered into strategic agreements with International
Metalworking Companies B.V. ('IMC'), part of the Berkshire Hathaway group of
companies. This partnership brings strategic advantage given Woulfe's mining and
processing technical abilities and IMC's downstream manufacturing skills, high
level of innovation and quality of products sold into the global tungsten
market. Woulfe Mining Corp. is a Canadian TSX-V listed company. Further
information can be found on Woulfe's website www.woulfemining.com or on
info@woulfe.com.au


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.
Administration Office
+1 604 684 6264
+1 604 684 6242 (FAX)
info@woulfe.com.au
www.woulfemining.com


Nicola Street Capital
Nick Smith
Mobile: +1 (415) 595-0865
nsmith@nicolastreetcapital.com

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