Pacific Wildcat Resources Corp.: Closing of Non Brokered Private Placement

Rare Earth Investing

Pacific Wildcat Resources Corp. (CVE:PAW) announces the closing of the non brokered private placement as previously announced on January 11, 2011.

Pacific Wildcat Resources Corp. (TSXV:PAW) announces the closing of the non brokered private placement as previously announced on January 11, 2011.

The press release is quoted as saying:

The non brokered private placement consisted of the issuance of 1,000,000 units to a high net worth individual at arm’s length to the Company at a purchase price of $0.90 per unit for gross proceeds to the Company of $900,000. Each unit comprised of one (1) common share and one half (1/2) of a non-transferable common share purchase warrant. Each full warrant entitles the holder to purchase one common share at a purchase price of $1.10 per share, at any time until July 21, 2012.

Click here to access the entire press release

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