One of the things I learned today from John Knowles is that the Private Placement Flow Through offering is coming to an end shortly. These placements have a time span which is approved by the TSX Venture Exchange. Wildcat has already had an extension from the Exchange and now have to bring things to a close. Therefore, John told me that next week Friday (May 8th) will be the final day for subscriptions and cheques to be received by WEL in order to participate.

Given that this is a Flow-through with shares being offered at 5 cents (so equivalent in value to being able to buy regular shares for less than 3 cents, and given that junior resource shares have been unnaturally depressed, in my opinion this is still one of the best values around. If you want a copy of the subscription agreement, let me know or contact the Wildcat office directly (see Wildcat website for contact info).

NorthLion