Wolf Minerals Ltd. (WLF.AU), an ASX listed and AIM listed specialty minerals company, said Tuesday the press article that the company is to embark on a GBP50 million fundraiser from equity investors in the coming weeks is incorrect and should be regarded as media speculation by investors.

Shares in London at 0800 GMT up 1.1% at 22.5 pence valuing the company at GBP19.25 million.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

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