TSX VENTURE EXCHANGE: TSXV-PAW

Acquisition of Rift Epithermal Gold Silver Project in Nevada

July 10, 2015 News Release 2015 - 16

Vancouver, BC, Canada: Pacific Wildcat Resources Corp. (TSXV-PAW) ("PAW" or the "Company") advises the signing of a purchase agreement to acquire a 100% interest in the Rift Epithermal Gold/Silver Project in Nevada, USA ("Rift Project"). The completion of the transaction is subject to TSX Venture Exchange ("Exchange") approval and the completion of the Company's due diligence inquiries currently under way. The Rift Project is located 30km North North West of Newmont's Mule Canyon mine located on the NNW trending faults that define the western margin of the Northern Nevada rift zone located in the world's number one

ranked gold production field1

RIFT PROJECT

Figure 1. Rift Project location and metallogenic setting

The acquisition of the Rift Project, when completed, will position the Company in one of the world's most productive gold mining districts and in a sovereignty where the rule of law is respected. The Rift Project is consistent with PAW's strategic focus on company transformational projects of major scale.

Key features of the Rift Project:

 The Rift Project comprises claims which have been lodged over more than

16km2 of highly prospective ground within the mineralised Northern Nevada
Rift.

 More than 12 km of strike of the mineralised Northern Nevada Rift zone runs through the Rift Project Area of Interest.

 PAW is targeting multi-million ounce, high grade epithermal silver and gold deposits.

 Widespread gold and silver epithermal mineralisation is present with several high grade deposits located along strike at Midas, Mule Canyon, Ivanhoe and Snowstorm.

1 - at 540 metric tons/million square kilometers Nevada is the world's highest rank

 Reinterpretation of the Northern Nevada Rift zone is supported by exploration, geophysics, observed mineralisation and recent drill results which shows the area is underexplored.

 Well defined mineralization is structurally controlled, outcrops at surface and drill ready targets exist.

 PAW is to target high grade, near-surface gold and silver mineralization with depth extensions and high grade feeder zones.

Investors are cautioned that the exploration target is early-stage exploration prospect and conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Terms of the Transaction

PAW has agreed to purchase 100% interest in the Rift Project from the Australian unlisted public company Sunline Resources Limited ("Sunline"). PAW will effect the transaction by acquiring, from Sunline, 100% of the Australian registered company Nevada Rift Resources Pty Ltd ("Nevada Aust") which owns 100% of US Nevada Rift Resources, LLC ("US Nevada"). US Nevada is a company registered under the laws of the state of Nevada in the United States of America and is the registered holder of the unpatented lode mining claims, which make up the Rift project, located in Lander County in the state of Nevada.
The consideration to be paid and satisfied by PAW is:
(a) the payment of fifty thousand dollars (AUS $50,000) to Sunline subject to the provisions for completion of the Sale and Purchase, to be paid not later than ninety (90) days from the date
of this Agreement; and
(b) the issue by PAW of twenty two million (22,000,000) common shares in the capital of
PAW.
Completion of the transaction is subject to due diligence to the satisfaction of PAW, which due diligence has commenced.
On closing of the transaction, PAW director Malcolm Carson shall be appointed as Chairman of the Board of US Nevada. Two of the current members of the US Nevada Board have agreed to stay on as directors and the technical team headed up by Dr. Criss Capps, a US based geologist who is well versed in the Rift project and the target mineralization, who we anticipate shall continue to manage the company's work program in Nevada.

Mr Malcolm Carson

Chairman

BSc, MSc, AUSIMM, AIG

Mr Malcolm Carson has over 35 years' experience in the resource sector including field exploration geologist and commercial evaluation of mineral resources and project finance. Mr Carson has held senior positions in exploration and mining companies, the West Australian Government, investment banks and executive roles in ASX and TSX publicly listed companies.

The transaction is subject to approval of the Exchange and other conditions precedent customary to a transaction of this type.

The Company's Chairman Mr. Don O'Sullivan said "The Rift project provides an exciting opportunity for PAW to target high grade epithermal gold and silver mineralisation in a stable jurisdiction and in a world class gold province."
The Company is investigating the options available to it to raise funds to meet its financial requirements under the terms of the transaction as well as complete its outstanding financial filings ("Filings") as reported in its news release of July 8, 2015 and complete its reinstatement for trading upon completion of its Filings.
The Company will provide further information as the transaction 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: [email protected] 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 that between them own a 70% interest in Cortec Mining Kenya Limited, a Kenyan company which holds 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 Classification) plus 94.4 million 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 Classification) 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 Secretary, Ministry of Mines and others. Following an initial

unsuccessful legal action the matter is now before the Kenyan Court of Appeal. For information about Pacific Wildcat Resources Corp. and its development and exploration activities 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 Report 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 geologist of BMGS Perth Pty Ltd, a qualified person (as defined in NI 43-101) has reviewed and approved the technical information 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 may 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 will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and a number of factors, including regulatory matters, metals prices 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.