I would have posted this earlier but i have been out of country for the past week.

Pacific Wildcat Resources Corp. (TSX VENTURE: PAW.V - News) ("PAW" or the "Company") is pleased to advise that the Company is currently focused on completing formal documentation on a financing option which, if consummated and subject to completion of due diligence, shareholder approval and TSXV approval, will allow the Company to complete the acquisition of the indirect 70% interest in the Mrima Hill Niobium and Rare Earth Project. PAW and the potential financing partner are working on an exclusive basis with the objective of completing a binding formal agreement as soon as practicable.

To allow time for the completion of the documentation, PAW and the Vendors of the 70% indirect interest have agreed upon a further extension of the closing date for the Acquisition, subject to the satisfaction of the closing conditions to June 25, 2012. In the event that a formal financing agreement is completed with the potential financing partner, a further extension to the acquisition closing date will be required to permit the completion of conditions precedent required to complete the financing.

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

Darren Townsend, President and CEO