Business
Wildcat Announces Non-Brokered Private Placement Financing
Wildcat Announces Non-Brokered Private Placement Financing.
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"\n\n\n\n\nWINNIPEG, May 12 /CNW/ - Wildcat Exploration Ltd. is pleased to announce\nthe commencement of a non-brokered financing to raise gross proceeds of up to\n$1,250,000. Each Unit, at a subscription price of $0.30, consists of one\nCommon Share and one Warrant, each Warrant entitling the holder to purchase\none Common Share for a period of 12 months from the Closing Date at a price of\n$0.40 per Share. The offering is scheduled to close on or about June 12, 2006,\nand is subject to certain conditions including, but not limited to, the\nreceipt of all necessary regulatory approvals.\nProceeds from this offering will be used to cover administrative cost\nassociated with the Company's on-going projects in the Bissett and Snow Lake\nareas of Manitoba and the Foster River base metal project in Saskatchewan.\n\nAbout Wildcat Exploration\n\nWildcat is a Winnipeg-based mineral exploration company actively\nexploring for gold and base metals in Canada. The company specializes in\ngenerating projects in-house and presently has six properties in Manitoba and\nSaskatchewan. Currently exploration is being conducted in the Bissett gold\nmining camp, southeast Manitoba. Wildcat will explore the Zinc, Silver, Lead\npotential of the Wollaston Domain, Saskatchewan, along with Phelps Dodge and\nBHP-Billiton, companies recently active in the area.\n\n>\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this press release.\n\n\n\n","length":1682,"tagName":"div"}]