NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES


Pacific Wildcat Resources Corp. (NEX:PAW.H) ("PAW" or the "Company") wishes to
announce the terms of the concurrent financing (the "Concurrent Financing") the
Company proposes to complete in conjunction with its previously announced
reverse takeover transaction (the "Transaction") involving the acquisition by
the Company of all of the issued and outstanding securities of Tantalum
Mineracao e Prospeccao Limitada ("TML") from Bolan Holdings Ltd. ("Bolan").


The Concurrent Financing will be a non-brokered private placement involving the
issuance of a minimum of 12,500,000 units up to a maximum of 25,000,000 units at
a price of $0.12 per unit for gross proceeds of between $1,500,000 and
$3,000,000. Each unit (a "Unit") will consist of one common share and one-half
(1/2) of one common share purchase warrant. Each whole warrant shall entitle the
holder to purchase, at any time within 12 months from the closing of the
Concurrent Financing, one common share at a price of $0.15.


The Company has entered into an agreement with S&A Capital Pty Ltd. ("S&A"), an
Australian based boutique investment house, whereby S&A has agreed to underwrite
$1,500,000 of the Concurrent Financing. In consideration, on closing of the
Concurrent Financing, the Company will pay S&A a commission of $150,000 and
issue S&A 1,000,000 common share purchase warrants. Each warrant shall entitle
the holder to purchase, at any time within 12 months from the closing of the
Concurrent Financing, one common share at a price of $0.15.


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

Darren Townsend, President

Completion of the Transaction is subject to a number of conditions, including
Exchange acceptance and disinterested shareholder approval. The Transaction
cannot close until the required shareholder approval is obtained. There can be
no assurance that the Transaction will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the Management Information
Circular to be prepared in connection with the Transaction, any information
released or received with respect to the RTO may not be accurate or complete and
should not be relied upon. Trading in the securities of Pacific Wildcat Inc.
should be considered highly speculative.


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