Received by email:

File: TSXV Update 9 18 14.doc

 
TSX VENTURE EXCHANGE:  TSXV-PAW

Pacific Wildcat Files Outstanding Financial Reports and Receives Revocation of CTO


September 19, 2014        News Release  2014- 18

Vancouver, BC, Canada: Pacific Wildcat Resources Corp. (TSXV-PAW) ("PAW" or the "Company") announces further to its ne
--->ws release of July 7, 2014 ("Cease Trade Order"), the Company has filed its outstanding Annual Filings and Interim Fil
--->ings and its unaudited consolidated financial statements and accompanying managements' discussion and analysis for the
---> period ended June 30, 2014 ("Second Interim Filing").  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 Annua
--->l Filings, Interim Filings and Second Interim Filings, the British Columbia Securities Commission has revoked its CTO 
--->effective today.  Accordingly, the Company will make application to the TSX Venture Exchange to reinstate trading of t
--->he 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 IFRS 6 and International Accounting Standards 36 ("IAS 36") and determined that as of December 31, 2013 there wer
--->e 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 licenses (Prospecting, Exploration and Mining), issued in Kenya betwe
--->en 14th January 2013 and 15th May 2013 in Kenya, which includes the Company's SML351.   

As a result, in accordance with IAS 36, Impairment of Assets, for the year ended December 31, 2013, an impairment char
--->ge of $57,678,850 was recognized in respect of the Mrima Hill Project with a nominal value of $1 remaining, recognizin
--->g that the Company's 70% interest in the project is uncertain until the legal disputes are settled.

CMK, who began its special mining license application process in early 2012 is confident it has complied with all appl
--->icable rules and regulations and has thoroughly reviewed its process in support of its application. CMK's Managing Dir
--->ector and PAW Director Mr. David Anderson continues to work with the CMK team and our legal representatives to protect
---> its interests with the aim of resolving this matter favorably.  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 licenses and determined that the carrying amount 
--->exceeded the recoverable value, and wrote down the carrying the carrying value to its estimated fair value of $1,593,6
--->04 and recorded an impairment charge of $1,123,679 as at December 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 squa
--->tters on site, whom appear to be former employees dating back to 1986 under a previous ownership citing certain grieva
--->nces with the property owner at that time.  The Company understands there may be some equipment that has sustained som
--->e damage as a result of the squatters.  Management is currently making enquiries to ascertain what these damages may e
--->ntail and if material in nature.  The Company is working with the local government agencies and the squatters to assis
--->t in resolving this matter. 


Corporate

The Company wishes to advise Mr. Rakesh Garach has resigned from the Company's board of directors effective September 
--->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 endeavors. 


ON BEHALF OF THE BOARD OF DIRECTORS OF
PACIFIC WILDCAT RESOURCES CORP.

"Don O'Sullivan", President & CEO
Contact information:
Company Secretary/Chief Financial Officer
Pacific Wildcat Resources Corp.
Email: info@pacificwildcat.com
Telephone: +1-250-768-0009
Pacific Wildcat Resources Corp. website: www.pacificwildcat.com


About Pacific Wildcat Resources Corp. - Pacific Wildcat is a TSX Venture Exchange listed Canadian mineral exploration 
--->company having the trading symbol "PAW". PAW owns 100% of Stirling Capital Ltd and Cortec Pty Ltd, two UK companies th
--->at between them own a 70% interest in Cortec Mining Kenya Limited, a Kenyan company which has the mining rights (pleas
--->e note Company's Press Release # 2013-17, on purported revocation of mining licences issued since January 2013 by Keny
--->an Government for a 60 day review period) to the Mrima Hill Niobium and Rare Earth Project in Kenya. In July 2013 the 
--->Company completed an updated independent Niobium Resource estimate for 47.8 million tonnes at 0.66% Nb2O5 (Indicated C
--->lassification) plus 94.4 million tonnes at 0.73 % Nb2O5 (Inferred Classification) at a 0.2% Nb2O5 cut-off. In July 201
--->3 the Company completed an inaugural independent Total Rare Earth Resource estimate for 48.7 million tonnes at 4.44% T
--->REO (Indicated Classification) plus 110.7 million tonnes at 3.61 % TREO (Inferred Classification) at a 1% TREO cut-off
--->. For information about Pacific Wildcat Resources Corp. and its development and exploration activities shareholders an
--->d other interested parties are invited to visit the company's website at www.pacificwildcat.com.  More information on 
--->the foregoing mineral resource estimates is included in the Company's news release dated July 29, 2013, titled "High G
--->rade and Large Tonnage Niobium and Rare Earth Resource for Mrima Hill" and in the Technical Report dated September 1, 
--->2013, titled "NI 43-101 Technical Report for the Mrima Hill Niobium and Rare Earth Project, Kwale District, Kenya", wh
--->ich is filed on www.sedar.com and the Company's website. Mr. Benjamin C. Pollard, principal geologist of BMGS Perth Pt
--->y Ltd, a qualified person (as defined in NI 43-101) has reviewed and approved the technical information contained in t
--->his news release.

Investors are cautioned that trading in the securities of Pacific Wildcat Resources Corp. should be considered highly 
--->speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither
---> TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
---> Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary note: This press release ma
--->y contain forward looking statements on matters such as cash flow, capital expenditures, work programs, the estimation
---> of mineral resources and the Company's plans with respect to the exploration and development of its projects and its 
--->investment plans regarding TSX Venture Exchange approval and the completion of financing activities. By their nature, 
--->forward looking statements involve risk and uncertainties because they relate to events and depend on factors that wil
--->l or may occur in the future. Actual results may vary depending upon exploration activities, industry production, comm
--->odity demand and pricing, currency exchange rates, and a number of factors, including regulatory matters, metals price
--->s and, but not limited to, general economic factors. There can be no assurance that the Company will be able to obtain
---> all the permits that are required in order to commence mining operations at the Mrima Hill Project.