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Pacific Wildcat Resources Corp Signs Formal Agreement For Sale Of Tantalum Assets


Tuesday, 18 Sep 2012 07:34am EDT 

Pacific Wildcat Resources Corp announced that has entered into an agreement (the Sale Agreement) with Muscadine Limited (Muscadine) or its duly appointed Nominee, for the sale of 100% of the shares of Tantalum Mineracao e Prospeccao Limitada (TMPL), a 100% wholly owned Mozambique subsidiary of the Company, that owns the Muiane Tantalum mine and associated leases in northern Mozambique. Muscadine is the owner of the gemstone rights on all TMPL properties and will now acquire the tantalum rights. The transaction is scheduled to close no later than November 15, 2012, or such other date as may be agreed upon by the parties. 

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