There were actually three closing dates for the PP financing. The first batch becomes free trading in the second week of September, but I cannot see much advantage to selling at current price levels as there is next to no gain to be had -- that is not why the buyers bought the shares.

The First Tranche closed May 6th:

May 06, 2008

Wildcat Exploration Ltd. (WEL: TSX-V) ("Wildcat" or the "Company") announces that the Company has closed the first tranche of its non-brokered private placement previously announced on April 25, 2008.

A total of 2,415,000 non flow through units, and 500,000 flow-through shares were distributed pursuant to this first tranche for total proceeds of $291,500. The flow-through common shares ("Flow-Through Shares") are being issued at $0.10 per share, and the units ("Units") are being issued at $0.10 per Unit. Each Unit is comprised of one non-flow through common share and one warrant entitling the holder to purchase one additional common share for $0.20 for two years from the closing date.

All securities distributed pursuant to this first tranche will be subject to a hold period of four months and one day following closing.

The Second Tranche closed June 11th:

Financing
The Company has increased the size of its recently announced private placement to $1.2 million, for which regulatory approval has been received.

In addition the Company has received approval for the closing of the second tranche of the private placement. A total of 4,333,000 Units and 1,825,000 flow through shares are being issued in the second tranche, at an issue price of $0.10 each. A Unit consists of one non-flow through share and a warrant for the purchase of one additional common share within 24 months of the closing date at an exercise price of $0.20.

Gross proceeds from the second tranche are $615,800. Finders' fees of $16,380 are payable, together with 49,583 shares in lieu of cash. A total of 223,300 finders' warrants, exercisable on the same terms as the warrants forming part of the Units, will be issued.

The securities issued pursuant to the offering are subject to a four month hold period from the date of closing.

The third and final closing was June 23rd:

Winnipeg, Manitoba; June 23, 2008 - Wildcat Exploration Ltd. (WEL: TSX-V) is pleased to announce that it has completed its private placement of non-flow through units and flow through shares. A total of 4,927,000 non-flow through Units have been issued in the third and final closing for gross proceeds of $492,700. To accommodate investor interest in the issue, the Company received regulatory approval for a second $200,000 increase in the amount of the previously announced private placement, bringing the total private placement to $1.4 million.

The proceeds of the private placement will be used to advance existing exploration properties, to generate and acquire new properties and to provide working capital to the Company.

Total gross proceeds of $1.4 million were received as consideration for 11,675,000 non-flow through Units and 2,325,000 flow through common shares. The issue price for each Unit was $0.10 and the issue price for each flow through share was also $0.10. Each Unit consisted of one common share and one warrant, with the warrant entitling the holder to purchase one additional common share for $0.20 within two years of the closing date. In the final closing, one insider subscribed for 20,000 Units.

Finders' fees of $23,625 were paid in connection with the final closing and 236,250 finders' warrants, exercisable on the same terms as the warrants forming part of the Units, were issued.

Commenting on the financing, Wildcat's President and CEO, John Knowles, said, "We are pleased at the interest shown by investors in this issue and in Wildcat's projects. In three exciting areas of Manitoba and Saskatchewan our exploration work and work by other companies operating in the vicinity of our projects is generating encouraging results."

All securities distributed pursuant to the private placement are subject to a hold period of four months following closing