PAW

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


Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company") is
pleased to advise that the Company is currently considering three non-binding
potential financing options which will allow the Company to complete the
acquisition of the indirect 70% interest in the Mrima Hill Niobium and Rare
Earth Project. The preparation of formal documentation has commenced on two of
the financing options. 


To allow time for the orderly finalisation of the formal binding documentation
and agreement on the preferred financing option, 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
11, 2012. 


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

Darren Townsend, President and CEO

About Pacific Wildcat Resources Corp. - PAW is a Canadian mineral exploration
company trading on the TSXV under the symbol "PAW". PAW has a producing tantalum
mine at Muiane in northern Mozambique, where it has the largest land position of
over 350 square kilometers on the Alto Ligonha pegmatite belt, the location of
numerous historic tantalum mines. 


PAW's flagship project is located in Kenya, where a conditional contract is in
place providing the Company the right to acquire an indirect 70% interest in the
Mrima Hill niobium and rare earth project. This is an ex-Anglo American and
Pechiney property, which was the subject of extensive historical work. In July
2011, PAW completed an initial NI 43-101 compliant inferred niobium resource
estimate of 105.3 million tonnes at 0.65% Nb2O5 for a total of 1.519 billion
pounds contained Nb2O5 to a depth of 30 metres from the surface. 


For information about Pacific Wildcat Resources Corp. and its development and
exploration activities, shareholders and other interested parties are invited to
visit the company's website at www.pacificwildcat.com. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States or to, or for the
account or benefit of, any U.S. person. The securities have not been and will
not be registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act"), or any securities laws of any state of the United
States and may not be offered or sold within the United States or to, or for the
account or benefit of, any U.S. person unless an exemption from such
registration requirements is available. "United States" and "U.S. person" are as
defined in Regulation S under the U.S. Securities Act.


Investors are cautioned that trading in the securities of Pacific Wildcat
Resources Corp. should be considered highly speculative. Cautionary note: This
press release contains forward looking statements, particularly those regarding
cash flow, capital expenditures, work programs, the estimation of mineral
resources and the Company's plans with respect to the exploration and
development of its projects and its investment plans. By their nature, forward
looking statements involve risk and uncertainties because they relate to events
and depend on factors that will or may occur in the future. Actual results may
vary depending upon exploration activities, industry production, commodity
demand and pricing, currency exchange rates, and, but not limited to, general
economic factors. There can be no assurance that the Company will be able to
obtain a mining licence or any of the permits that are required in order to
commence mining operations at the Mrima Hill project. The rare earths resource
estimates are considered speculative and therefore noncompliant with NI 43-101
reporting standards and should not be relied upon. The Company is not treating
the rare earths resource estimates as current mineral resources or reserves. The
Company has not undertaken any independent investigation of the rare earths
resource estimates. The Company believes that these resource estimates provide a
conceptual indication of the potential of mineral occurrences within the project
and are relevant to ongoing exploration. The Company intends to confirm the
resource estimates through drilling currently underway.

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