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Pacific Wildcat Resources Corp

Publié le 15 juillet 2015

NR #2015-17 Update on Cortec?s Appeal in Kenya's Court of Appeal

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Mots clés associés :   Canada | Kenya |

NR #2015-17 Update on Cortec?s Appeal in Kenya's Court of Appeal

Microsoft Word - NR 2015 - 17 Update on Appeal Kenyan Court of Appeal

TSX VENTURE EXCHANGE: TSXV-PAW

Update on Cortec's Appeal in Kenya's Court of Appeal

July 15, 2015 News Release 2015 - 17

Vancouver, BC, Canada: Pacific Wildcat Resources Corp. (TSXV-PAW) ("PAW" or the "Company") wishes to report that further to the Company's press release of 11 May 2015 and titled "Update on Cortec's Appeal in Kenya's Court of Appeal"

The Company's Kenyan Counsel attended the Kenyan Court of Appeal on the 13th of July

2015. Both the 1st and 2nd Respondents in the matter filed objections to the Cortec Mining

Appeal Application and Application for Injunction. These objections and the Company's response were all heard by the Court of Appeal, on the day.

The Court of Appeal directed that it will deliver its decision in this matter on 25th September

2015 at 9.00 am.

The Company will provide further updates as information comes to hand from the Kenyan

Counsel.

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

"Don O'Sullivan", President & CEO

Contact information:

Terese Gieselman

Pacific Wildcat Resources Corp. Email: [email protected]

Telephone: +1-250-768-0009

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

About Pacific Wildcat Resources Corp. - Pacific Wildcat is a TSX Venture Exchange listed Canadian mineral exploration company having the trading symbol "PAW". PAW owns 100% of Stirling Capital Ltd and Cortec Pty Ltd, two UK companies that between them own a 70% interest in Cortec Mining Kenya Limited, a Kenyan company which holds the Mrima Hill Niobium and Rare Earth Project in Kenya. In July 2013 the Company completed an updated independent Niobium Resource estimate for 47.8 million tonnes at 0.66% Nb2O5 (Indicated Classification) plus 94.4 million tonnes at 0.73 % Nb2O5 (Inferred Classification) at a 0.2% Nb2O5 cut-off. In July 2013 the Company completed an inaugural independent Total Rare Earth Resource estimate for 48.7 million tonnes at

4.44% TREO (Indicated Classification) plus 110.7 million tonnes at 3.61 % TREO (Inferred Classification) at a 1% TREO cut-off. With the Mining Licenses revoked by the Cabinet Secretary, Ministry of Mines in 2013, the Company commenced legal action against the Cabinet Secretary, Ministry of Mines and others. Following an initial unsuccessful legal action the matter is now before the Kenyan Court of Appeal. 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. More information on the foregoing mineral resource estimates is included in the Company's news release dated July 29, 2013, titled "High Grade and Large Tonnage Niobium and Rare Earth Resource for Mrima Hill" and in the Technical Report dated September 1, 2013, titled "NI 43-101 Technical Report for the Mrima Hill Niobium and Rare Earth Project, Kwale District, Kenya", which is filed on www.sedar.com and the Company's website. Mr. Benjamin C. Pollard, principal geologist of BMGS Perth Pty Ltd, a qualified person (as defined in NI 43-101) has reviewed and approved the technical information contained in this news release.


lnvestors are cautioned that trading in the securities of Pacific Wilc/cat Resources Corp. shou/d be consic/ered high/y speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this press re/ease. Neither TSX Venture Exchange nor its Regu/ation Services Provic/er (as that term is defined in the policies of the TSX Venture Ex.change) accepts responsibility for the adequacy or accuracy of this re/ease. Cautionary note: This press re/ease may contain forwarc/ /ooking statements on matters such as cash flaw, capita/ expenditures, work programs, the estimation of minerai resources and the Company's plans with respect to the exp/oration and deve/opment of its projects and its investment plans regarc/ing TSX Venture Exchange approva/ and the completion of financing activities. By their nature, forwarc/ /ooking statements invo/ve risk and uncertainties because they re/ate to events and c/epend on factors that wi/1 or may occur in the future. Actua/ results may vary
depenc/ing upon exp/oration activities, inc/ustry production, commodity demand and pricing, currency exchange rates, and a
number offactors, including regu/atory matters, meta/s prices and, but not limited to, genera/ economie factors. There can be no assurance that the Company wi/1 be ab/e to obtain al/ the permits that are required in orc/er to commence mining operations at the Mrima Hi/1 Project.

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Données et statistiques pour les pays mentionnés : Canada | Kenya | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Kenya | Tous

Pacific Wildcat Resources Corp

CODE : PAW.V
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Pacific Wildcat est une société développant des projet miniers basée au Canada.

Pacific Wildcat détient divers projets d'exploration en Indonesie.

Son principal projet en exploration est SULUT en Indonesie.

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Communiqués de Presse de Pacific Wildcat Resources Corp
02/10/2015NR #2015-19 Update on Cortec's Appeal in Kenya's Court of Ap...
06/08/2015NR #2015-18 Sale of TMPL
15/07/2015NR #2015-17 Update on Cortec?s Appeal in Kenya's Court of Ap...
10/07/2015NR #2015-16 Acquisition of Rift Epithermal Gold Silver Proje...
10/07/2015nr #2015-15 ICSID registers CMK?s request for arbitration ag...
08/07/2015NR #2015-14 Cease Trade Order
06/07/2015IIROC Trading Halt - PAW
18/06/2015NR #2015-13 CMK Files for International Arbitration against ...
15/06/2015NR #2015-12 Provides Default Status Report
19/03/2015Update on Cortec?s Application in Kenya?s High Court
14/01/2015NR #2015-1 Non-Executive Director Resignation
15/12/2014NR #2014-23 Update on Court Hearing in Kenya's High Court
24/10/2014NR #2014-21 Update on Court Hearing in Kenya's High Court
29/09/2014IIROC Trading Resumption - PAW
04/07/2014IIROC Trading Halt - PAW
03/07/2014TSX Venture Exchange Cease Trade Order
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