VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2012) - Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company") announces the execution of an amendment agreement to extend the closing date for the completion of its acquisition of a 70% indirect ownership in private Kenyan company, Cortec Mining Kenya. The Company and Finebrook Investments Pty Ltd, as trustee for the O'Sullivan Superannuation Fund, Stirling Capital Limited, Dunross Capital Ltd and Cortec (Pty) have agreed to extend the closing date for the acquisition, subject to the satisfaction of the closing conditions to May 7, 2012.

PAW President and CEO, Darren Townsend, said, "We continue to work together co-operatively and positively with the Vendors to proceed to complete the closing conditions for the acquisition."

ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFIC WILDCAT RESOURCES CORP.

Darren Townsend, President and CEO

Pacific Wildcat Resources Corp. website: www.pacificwildcat.com