Pacific Wildcat Resources Corp (PWCRF)

[Rocketred]

Pacific Wildcat receives ICISD procedural order

2016-04-01 11:59 ET - News Release
Shares issued 295,131,981


Mr. Don O'Sullivan reports

PACIFIC WILDCAT ANNOUNTES ICSID ARBITRATION UPDATE

Pacific Wildcat Resources Corp. is providing an update on the arbitration against the Republic of Kenya at the International Centre for Settlement of Investment Disputes (ICSID), commenced by PAW's subsidiaries Cortec Pty. Ltd., Stirling Capital Ltd. and Cortec Mining Kenya.

On March 29, 2016, the ICSID tribunal issued its first procedural order (procedural order No. 1), which sets out more specific rules for the conduct of the arbitration and fixes the schedule for the main steps to be taken by the parties in the proceedings.

Pacific Wildcat chairman Don O'Sullivan commented,

"We are satisfied with the Tribunal's first procedural order and look forward to progressing with the arbitration and the Tribunal determining the claims our subsidiaries are making."

A copy of procedural order No. 1 is available on the ICSID website.

We seek Safe Harbor.