Pacific Wildcat Resources Corp PWCRF

Amendment to Non-Revolving Credit Facility and Adv

[BlackDog914]

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov 26, 2012) - Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company") advises further to the Company''s News Release dated September 19, 2012 and titled "PAW signs Financing Facilities to facilitate Closing of Acquisition of Stirling Capital Limited and Cortec (Pty) Ltd", the Company has executed an amendment to the non-revolving credit facility agreement ("Amended and Restated Credit Agreement"). Under the terms of the Amended and Restated Credit Agreement PAW has now received the second drawdown amount of CDN$500,000.

The key terms of the Amended and Restated Credit Agreement are:

1. The requirement to repay the convertible note by the 17^th December 2012 if PAW''s Tantalum Assets in Mozambique are sold prior to this date.
2. If the Tantalum Asset sale does not close by 17^th December 2012 then PAW shall release the convertible note provider from any further obligations with respect to the outstanding instalments (Tranche 3 and 4) of the convertible note, and
3. If the Tantalum Asset sale does not close by 17^th December 2012 then PAW and its subsidiaries shall, within a period no later than 3 weeks after the 17^th December 2012, provide the convertible note provider and holder with security and charge over the Mozambican Tantalum Assets.

ON BEHALF OF THE BOARD OF DIRECTORS OF

PACIFIC WILDCAT RESOURCES CORP.

Darren Townsend, President & CEO