PAW Announces Non-Brokered Private Placement

Pacific Wildcat Resources Corp. (TSXV:PAW) reports a non-brokered private placement of up to 15,384,615 units.

The press release is quoted as saying,

The net proceeds from this private placement will be used to further advance the acquisition of the Company’s interest in its Mrima Hill Project in Kenya, continued development at its Muaine Tantalum Project in Mozambique and for general working capital purposes. The proposed financing is subject to the approval of the TSX Venture Exchange (the “Exchange”). Finder’s fees of 6% cash and 6 % warrants may be payable in accordance with the policies of the Exchange.

For the complete press release, click here.