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Pacific Wildcat Resources Receives 21 Year Special Mining Licence for Mrima Hill; Shares Up 18%

Pacific Wildcat Resources Corp. (PAW.V) reports that Cortec Mining Kenya Limited, owner of the Mrima Hill Niobium and Rare Earth Project in Kenya, has been issued with a Special Mining Licence from the Republic of Kenya, Mines and Geology Department. The Licence, which is for 21 Years, is for the exploration, development and mining of Niobium and Rare Earth Elements at Mrima Hill. PAW owns 100% of Stirling Capital Ltd and Cortec Pty Ltd, two UK companies that between them own a 70% interest in CMK.

PAW is up 18.18% to 7 cents in early trade.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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