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Wildcat Files NI 43-101 Technical Report on SEDAR for Humboldt Salt Marsh Project, Churchill County, Nevada

Technical Reports (NI 43-101)

1220-789 West Pender St Vancouver BC V6C 1H2 Phone: (236) 521-0207 www.wildcat.ca

PRESS RELEASE

Wildcat Files NI 43-101 Technical Report on SEDAR for Humboldt Salt Marsh Project, Churchill County, Nevada

August 9, 2016 – Vancouver, British Columbia: Wildcat Exploration Ltd, (“the Company or Wildcat”), (TSX-V: WEL; OTC Pink:WCTXF) announces that it has today filed on SEDAR a National Instrument 43-101 compliant technical report (the “Report”) in connection with an Option Agreement it has entered into with Nevada Energy Metals Inc. dated July 14, 2016 to acquire a 100% interest, subject to a 3% NSR, in 348 mineral claims located in Dixie Valley, Churchill County, Nevada (the “Option Agreement”). The Option Agreement is “non-arms’ length” and so constitutes a related party transaction, and is subject to TSX Venture Exchange (“Exchange”) Approval.

The Exchange has reviewed the Report and has confirmed that it is compliant with the Exchange Mining Standards Guidelines.

The Report was prepared by Alan J. Morris MSC, CPG of Spring Creek, Nevada, and follows the announcement of the Option Agreement on July 15, 2015. The Report contains a description of the project, history, geology and mineralization of the Property.

The Qualified person for the Report is Alan J. Morris, MSC, CPG. The complete Report is available at www.SEDAR.com and on the Company’s website.

About Wildcat Exploration Ltd: http://www.wildcat.ca Wildcat Exploration Ltd is an exploration stage company. The Company is engaged in the acquisition and exploration of resource properties. The Company currently holds interests in several resource properties in Manitoba.

On Behalf of the Board of Directors

Harry Barr, Chairman & CEO

Neither the 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 contents of this news release.

Disclaimer for Forward-Looking Information:

This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions such as Exchange approval of the Option Agreement and the Financing and the Company's ability to exercise the Option or close the Financing, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. Availability of financing, and general business conditions are all factors that could cause actual results to vary materially from forward-looking statements.