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File: PAW - TSXV announcement re registration of RFA.doc

 
TSX VENTURE EXCHANGE:  TSXV-PAW

ICSID registers CMK's request for arbitration against Kenya
 


July 10, 2015         News Release 2015 -15

Vancouver, BC, Canada: Pacific Wildcat Resources Corp (TSXV-PAW) ("PAW" or the "Company") wishes to advise that the In
--->ternational Centre for Settlement of Investment Disputes ("ICSID") has registered the Request for Arbitration filed by
---> the Companies' subsidiaries Cortec Pty Limited ("Cortec UK") and Stirling Capital Ltd ("Stirling"). As previously adv
--->ised, Cortec Mining Kenya ("CMK"), a company under the control of Cortec UK and Stirling, is also a claimant in the pr
--->oceedings. 

The arbitration was registered by ICSID on 7 July 2015 as "ICSID Case No. ARB/15/29". 

The effect of registration is that the arbitration against Kenya is now deemed formally commenced under the ICSID Conv
--->ention. 

The next steps relate to the appointment of arbitrators and the constitution of the arbitral tribunal. 

CMK's Chairman, Don O'Sullivan, commented "We are pleased that the arbitration is moving ahead and we look forward to 
--->the dispute with Kenya being resolved through the ICSID process". 

Basic procedural details of the case are available on the ICSID website at the link below: 

https://icsid.worldbank.org/apps/ICSIDWEB/cases/Pages/casedetail.aspx?CaseNo=ARB/15/29&tab=PRO 

The Company will provide further information as the matter progresses. 

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

"Don O'Sullivan", President & CEO
Contact information:
Terese Gieselman 
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. - About Pacific Wildcat Resources Corp. - Pacific Wildcat is a TSX Venture Excha
--->nge listed Canadian mineral exploration company having the trading symbol "PAW". PAW owns 100% of Stirling Capital Ltd
---> and Cortec Pty Ltd, two UK companies that between them own a 70% interest in Cortec Mining Kenya Limited, a Kenyan co
--->mpany which holds the  Mrima Hill Niobium and Rare Earth Project in Kenya. In July 2013 the Company completed an updat
--->ed independent Niobium Resource estimate for 47.8 million tonnes at 0.66% Nb2O5 (Indicated Classification) plus 94.4 m
--->illion tonnes at 0.73 % Nb2O5 (Inferred Classification) at a 0.2% Nb2O5 cut-off. In July 2013 the Company completed an
---> inaugural independent Total Rare Earth Resource estimate for 48.7 million tonnes at 4.44% TREO (Indicated Classificat
--->ion) plus 110.7 million tonnes at 3.61 % TREO (Inferred Classification) at a 1% TREO cut-off. With the Mining Licenses
---> revoked by the Cabinet Secretary, Ministry of Mines in 2013, the Company commenced legal action against the Cabinet S
--->ecretary, Ministry of Mines and others. Following an initial unsuccessful legal action the matter is now before the Ke
--->nyan Court of Appeal.  For information about Pacific Wildcat Resources Corp. and its development and exploration activ
--->ities shareholders and 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 Grade and Large Tonnage Niobium and Rare Earth Resource for Mrima Hill" and in the Technical Repor
--->t dated September 1, 2013, titled "NI 43-101 Technical Report for the Mrima Hill Niobium and Rare Earth Project, Kwale
---> District, Kenya", which is filed on www.sedar.com and the Company's website. Mr. Benjamin C. Pollard, principal geolo
--->gist of BMGS Perth Pty Ltd, a qualified person (as defined in NI 43-101) has reviewed and approved the technical infor
--->mation contained in this 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.