Mr. Don O'Sullivan reports

PACIFIC WILDCAT FILES OUTSTANDING FINANCIAL REPORTS AND RECEIVES REVOCATION OF CTO

Pacific Wildcat Resources Corp., further to its news release of July 7, 2014, has filed its outstanding annual filings and interim filings, and its unaudited consolidated financial statements and accompanying managements' discussion and analysis for the period ended June 30, 2014. The documents have been filed through the SEDAR filing system, and can be found under the company's profile as well as the company's website. With the filing of the company's annual filings, interim filings and second interim filings, the British Columbia Securities Commission has revoked its cease trade order effective today. Accordingly, the company will make application to the TSX Venture Exchange to reinstate trading of the company's common shares.

Mrima Hill -- Kenya

During the completion of the annual filings, the company tested its assets for indicators of impairment in accordance with international financial reporting standards 6 (IFRS 6) and international accounting standards 36 (IAS 36), and determined that as of Dec. 31, 2013, there were indicators of impairment for its Mrima Hill project as of a result of the legal dispute with the Kenyan Ministry of Mining regarding the purported revocation of all licences (prospecting, exploration and mining), issued in Kenya between Jan. 14, 2013, and May 15, 2013, in Kenya, which includes the company's SML351.

As a result, in accordance with IAS 36 -- Impairment of Assets, for the year ended Dec. 31, 2013, an impairment charge of $57,678,850 was recognized in respect of the Mrima Hill project with a nominal value of $1 remaining, recognizing that the company's 70-per-cent interest in the project is uncertain until the legal disputes are settled.

Cortec Mining Kenya Ltd. (CMK), which began its special mining licence application process in early 2012, is confident it has complied with all applicable rules and regulations, and has thoroughly reviewed its process in support of its application. CMK's managing director and PAW director, David Anderson, continues to work with the CMK team and the company's legal representatives to protect its interests with the aim of resolving this matter favourably. The company will continue to update its shareholders on this matter and of the court hearings anticipated this week.

Muiane -- Mozambique

Additionally, the company completed an updated assessment on the TMP licences and determined that the carrying amount exceeded the recoverable value, and wrote down the carrying value to its estimated fair value of $1,593,604 and recorded an impairment charge of $1,123,679 as at Dec. 31, 2013. The company maintains ownership and will continue to develop this asset as capital allows. The company is currently experiencing some issues with illegal squatters on site, who appear to be former employees dating back to 1986 under a previous ownership, citing certain grievances with the property owner at that time. The company understands there may be some equipment that has sustained some damage as a result of the squatters. Management is currently making enquiries to ascertain what these damages may entail and if material in nature. The company is working with the local government agencies and the squatters to assist in resolving this matter.

Corporate

The company wishes to advise Rakesh Garach has resigned from the company's board of directors effective Sept. 8, 2014. The board wishes to thank Mr. Garach for his support to the board and executives throughout his time with PAW, and wishes him well in his future endeavours.

We seek Safe Harbor.