Wildcat Exploration Ltd. Announces Flow Through Private Placement

Wildcat Exploration Ltd. (TSXV:WEL) intends to close a non-brokered private placement of Units to raise gross proceeds of up to $450,000.

The press release is quoted as saying:

Each Unit, to be issued at a price of $0.075, 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 $0.11 per share during the 24 month period following closing. Pursuant to the private placement, up to 6 million Units will be issued on closing.

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