Pacific Wildcat closes $1.19-million financing

2013-04-24 17:42 ET - News Release

Mr. Darren Townsend reports

PAW ANNOUNCES FINAL CLOSING OF $1.2M FINANCING

Pacific Wildcat Resources Corp. has completed the final closing of the non-brokered private placement as previously announced announced (see news releases on March 19, 2013, and April 2, 2013).

The non-brokered private placement resulted in the issuance of 19,983,332 units at a purchase price of six cents for gross proceeds of $1,199,000. Each unit comprises one common share in the capital of the company and one-half of one non-transferable common share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the company at an exercise price of 10 cents per warrant share for a period of 12 months from the closing date of the private placement.

In accordance with the Canadian securities legislation currently in effect, the securities issued pursuant to the financing will have a restricted hold period in Canada expiring on Aug. 24, 2013.

We seek Safe Harbor.