FUSE 0.05 -10.00% | 43W0 0.02 0.00% | FUSE 0.05 -10.00% |
43W0 0.02 0.00% | FUSE 0.05 -10.00% | 43W0 0.02 0.00%

Wildcat Exploration Closes $525,000 Financing

Vancouver, BC — February 25, 2016 — Wildcat Exploration Ltd. (the “Company”) (TSX.V: WEL) is pleased to report that it has closed the non-brokered Private Placement announced on February 4, 2016 with the issuance of 15,000,000 Units for gross proceeds of $525,000. A finder’s fee of 1,500,000 shares and 750,000 two year non-transferable share purchase warrants were paid in respect to this financing. The 16,500,000 common shares issued pursuant to this financing are subject to a four month hold period expiring June 23, 2016.

Each Unit consists of one common share in the capital of the Company (“Common Share”) and one non-transferable share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share of the Company at a price of $0.05 on or before February 22, 2018.

Proceeds from the Private Placement will be used for property exploration, project development, review of new projects and for general working capital.

For further information on Wildcat, please visit www.wildcat.ca or contact:

Wildcat Exploration Ltd.
John Knowles, President & CEO
Tel: (204) 294-2334
Email: info@wildcat.ca

Neither the 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.

Cautionary Note
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release may contain “forward-looking information”, within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat’s exploration program and plans. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.