WINNIPEG, July 27 /CNW/ - Wildcat Exploration Ltd. WEL-TSXV (the Company) announces that it has extended its consulting agreement with 3469264 Manitoba Ltd., a corporation wholly-owned by Mr. Wayne Stebbe, under which Mr. Stebbe provides investor relations services to the Company, for a term of four months to November 26, 2007.
In addition, the Company announces that it has granted incentive stock options to purchase up to 1,110,000 common shares of the Company to certain employees and directors of the Company and to Mr. Stebbe under its stock option plan. The options are exercisable for a five year period at an exercise price of $0.245 per share and vest in equal annual installments over a three year period.
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. It has two major project areas in Manitoba: gold and base metals in the Rice Lake/ Bissett area and a nickel-copper-PGE prospect in the Flin Flon/Snow Lake area. In addition the Company's Foster River project in Saskatchewan is prospective for a potential Broken Hill type zinc-lead-silver occurrence. In building its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.
For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on its website or on the SEDAR website at www.sedar.com.
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or accuracy of this release.
%SEDAR: 00014885E