Pacific Wildcat Resources Corp.: Completion Non-Brokered Private Placement and Early Exercise of Warrants

Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) reported the Closing of the non-brokered private placement previously announced in the news release dated April 7th, 2010.

The press release is quoted as saying:

The Financing is a non-brokered private placement involving the issuance of 3,961,088 units at a price of $0.18 per unit for gross proceeds of $712,996.00. Each unit (a “Unit”) will consist of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to purchase, at any time within 12 months from the closing of the Financing, one common share at a price of $0.23. The Company paid finders’ fees of 7.25% units (150,235 units in total, having the same terms as the Units) on a portion of the Financing. The shares and warrants issued are subject to a four month plus one day hold from the date of closing of the private placement.

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