About Wildcat - My Target Price at least 10 cents Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes:
(1) the Jeep, Mike Power and Poundmaker gold properties under option to San Gold Corporation, together with two additional gold exploration properties in the Rice Lake greenstone belt in Manitoba,
(2) the McVicar gold property in the Uchi subprovince of Ontario,
(3) the Reed Lake base metal property in the Flin Flon-Snow Lake greenstone belt in Manitoba,
(4) the Burntwood property in the Thompson Nickel Belt in Manitoba and
(5) the Foster zinc-lead-silver property in Saskatchewan.
The Company seeks to continuously upgrade its property portfolio through exploration and accretive transactions.
In addition :
A) At the end of September 30, 2011 the Company had $1,196,000 in cash and restricted cash.
B) On October 20, 2011, the Company granted 2,550,000 incentive stock options to certain directors, officers, employees and consultants of the Company under its stock option plan. The options are exercisable for a five year period at an exercise price of
.10 per share, with one half of the options vesting immediately and one half vesting on the first anniversary of the grant date.