Today's News Release neglected to mention the exercise price of the warrants -- the warrants are exercisable for one year to buy non-flow through shares at $0.33 per share.

The text should have read:

WINNIPEG, MANITOBA--(Marketwire - Nov. 26, 2009) - Wildcat Exploration Ltd. (TSX VENTURE:WEL) is pleased to announce that it has arranged to offer, subject to regulatory approval, a non-brokered private placement of up to three million units to raise gross proceeds of up to $675,000. Each unit is comprised of one flow-through common share and one half of one warrant, with one full warrant exercisable to purchase one non-flow through common share at $0.33 per share for one year from the date of closing. The units are each priced at $0.225.

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My comments [JMHO]: This flow-through offering is priced above .20, as suggested it should be earlier on this board, reflecting the appreciated value of the Company's shares - something the market has shown in the past weeks. Given the tax credits that accompany a flow-through, it could be equivalent to buying a regular share at about .08 if you live in Manitoba, or about .104 in you live elsewhere in Canada (calculations based on a taxpayer in the highest tax bracket). Considering that the stock is trading above .15 now and is expectd to go higher, it can still be an attractive buy-in level. There are a limited number of shares available under this offering. [The company still has some unused flow through funds on hand from previous offerings, but doesn't want to run the cupboard bare, so is adding some now to cover exploration expenses through the winter months and into the spring].

NL