Pacific Wildcat Resources Corp.
NEX BOARD : PAW.H

Pacific Wildcat Resources Corp.

June 17, 2009 12:04 ET

Pacific Wildcat Resources Corp.: Concurrent Financing for RTO Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2009) -

NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Pacific Wildcat Resources Corp. (NEX:PAW.H) ("PAW" or the "Company") wishes to announce the terms of the concurrent financing (the "Concurrent Financing") the Company proposes to complete in conjunction with its previously announced reverse takeover transaction (the "Transaction") involving the acquisition by the Company of all of the issued and outstanding securities of Tantalum Mineracao e Prospeccao Limitada ("TML") from Bolan Holdings Ltd. ("Bolan").

The Concurrent Financing will be a non-brokered private placement involving the issuance of a minimum of 12,500,000 units up to a maximum of 25,000,000 units at a price of $0.12 per unit for gross proceeds of between $1,500,000 and $3,000,000. Each unit (a "Unit") will consist of one common share and one-half (1/2) 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 Concurrent Financing, one common share at a price of $0.15.

The Company has entered into an agreement with S&A Capital Pty Ltd. ("S&A"), an Australian based boutique investment house, whereby S&A has agreed to underwrite $1,500,000 of the Concurrent Financing. In consideration, on closing of the Concurrent Financing, the Company will pay S&A a commission of $150,000 and issue S&A 1,000,000 common share purchase warrants. Each warrant shall entitle the holder to purchase, at any time within 12 months from the closing of the Concurrent Financing, one common share at a price of $0.15.

ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFIC WILDCAT RESOURCES CORP.

Darren Townsend, President

Completion of the Transaction is subject to a number of conditions, including Exchange acceptance and disinterested shareholder approval. The Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Management Information Circular to be prepared in connection with the Transaction, any information released or received with respect to the RTO may not be accurate or complete and should not be relied upon. Trading in the securities of Pacific Wildcat Inc. should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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