Pacific Wildcat is pleased to announce that it has received subscription agreements for CDN $6,000,000 in connection with its recently announced Private Placement. Subject to acceptance from the TSX Venture Exchange, the Company aims to close the financing this week.
Pacific Wildcat is pleased to announce that geological logging has now been completed on the recent 1,810m, sixteen hole diamond drill campaign at the Mrima Hill Niobium and Rare Earth deposit in Kenya. PAW has a conditional purchase agreement to acquire an indirect 70% interest in Cortec Mining Kenya, owner of the Mrima Hill Niobium and Rare Earth [...]
Pacific Wildcat is pleased to announce that a Reverse Circulation drill program is planned to commence in January 2012 at the Mrima Hill Niobium and Rare Earth project in Kenya. PAW has the contractual right to purchase an indirect 70% interest in the project. An appropriate rig has been identified and a contract entered into with R and L [...]
Pacific Wildcat is pleased to announce a non-brokered private placement of up to 17,142,857 units at a price of $0.35 per unit, for aggregate gross proceeds of up to CDN $6,000,000. Each Unit will consist of one common share and one half of one common share warrant. Each Warrant will entitle the holder to acquire one additional common share at a [...]
Pacific Wildcat announces the execution of an Amendment Agreement for the Acquisition of the 70% indirect ownership of private Kenyan company Cortec Mining Kenya. As announced in a press release dated June 30th 2011 and titled "PAW Signs Extension Agreement for Mrima Hill" one of the condition precedents to the final closing of the Acquisition was [...]
Pacific Wildcat is pleased to announce that Cortec Mining Kenya, the registered holder of Special Prospecting License 256, has obtained a renewal of the SPL from the Commissioner of Mines and Geology for a period of three years from December 1, 2011 to November 30, 2014. CMK has also advised the Company that it has submitted an application to the [...]
Pacific Wildcat reports that further to its News Release # 2011-18 and titled “PAW signs Conditional Memorandum of Understanding with Community Group“, the Company and Cortec Mining Kenya has agreed to a two month extension of the Memorandum Of Understanding signed with the predecessor organization to the Mrima Hill Trust, the Kaya Mrima Self Help [...]
Pacific Wildcat is pleased to report assay results from the second batch of 471 metres of a 1,540 metre diamond drilling program at the Mrima Hill Project in Kenya. Highlights: High grade and wide intercepts of niobium mineralisation intersected in the weathered zone including 2.03% Nb2O5 from surface to 51.95m and 1.30% Nb2O5 from 23.4m to 123.65 [...]
Pacific Wildcat is pleased to report first assay results for the first 444 metres of its initial diamond drill program at Mrima Hill Project, located 70 kilometres south of Mombasa, Kenya. This program was designed to provide core for metallurgical test work as well as test the depth potential of the Niobium and Rare Earth Oxide mineralisation at [...]
Pacific Wildcat wishes to announce the appointment of Argonaut Capital Limited as its financial and corporate adviser to assist the Company with maximizing shareholder value primarily with reference to the Mrima Hill Niobium and Rare Earth project in Kenya. The term of the engagement is for a period of 12 months. Argonaut is a full service [...]