Wildcat Exploration Announces Termination of Exploration Alliance and Director Resignation
WINNIPEG, MANITOBA--(Marketwired - Jan 21, 2016) - Wildcat Exploration Ltd. (TSX VENTURE:WEL) ("Wildcat" or the "Company") announces that it has agreed with its partner, Doe Run Canadian Exploration ULC, to terminate the Wildcat Doe Run Canadian Exploration Alliance.
The Alliance was formed to explore properties in eastern Canada and, as a result of budgetary constraints, activity was significantly curtailed during 2015 with no significant further activity planned during 2016.
The Company also announces that Edward Yarrow has resigned as a director to focus on his other interests. Wildcat thanks Mr. Yarrow for his services to the Company and wishes him the best in his future endeavours.
About Wildcat
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada.
For further information on Wildcat, please visit www.wildcat.ca
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and 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.
