Wolf Resource Development Corp. announced the appointment of Mr. Jaime Lalinde as Chief Executive Officer of Wolf and a member of the company's Board of Directors, effective immediately. Mr. Jaime Lalinde is a former vice president of private banking at Citibank N.A. Mr. Lalinde spent 20 years in the banking industry, working for Chase Bank and Merrill Lynch before accepting a position at Citibank N.A. in New York, where he was team leader and country manager for the Mexican and Colombian jurisdictions.

The appointment of Mr. Lalinde follows the resignation of Mr. Alastair Neill as Chief Executive Officer and a member of the Board of Directors of Wolf.