Wildcat Exploration Ltd. Announces Non-Brokered Private Placement and Grant of Options

- July 27th, 2010

Wildcat Exploration Ltd. (TSX VENTURE:WEL) announced that, subject to regulatory approval, it intends to close a non-brokered private placement of Units to raise gross proceeds of up to $250,000.

Wildcat Exploration Ltd. (TSX VENTURE:WEL) announced that, subject to regulatory approval, it intends to close a non-brokered private placement of Units to raise gross proceeds of up to $250,000.

The press release is quoted as saying:

Each Unit, to be issued at a price of $0.07, consists of one flow through common share and one-half of one share purchase warrant, with each full warrant entitling the holder to acquire a non-flow through common share of the Company at a price of $0.14 per share during the 18 month period following closing. Pursuant to the private placement, up to 3,571,428 Units will be issued on closing.

Click here to access the entire press release

Click here to access Wildcat Exploration Corporate Site

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