KAT Exploration Inc (KATX)

[Ely]

(((NEWS)))




MOUNT PEARL, NL, Jan 15, 2010 (MARKETWIRE via COMTEX) -- Kat Exploration Inc.
(PINKSHEETS: KATX) www.katexploration.com

KAT Exploration has secured funding for up to $5 million. The funding contract
guarantees $1 million over the next 6 months and the remaining $4 million to be
delivered upon agreements within the contract being achieved over the course of
the following 6 months of no specific date. The funding is to provide
operational support for Kat for at least the next 5 years. The funding was
secured with 50,000,000 restricted shares.

Kat Exploration has retired its previously executed REG-D 504. There are no
REG-D 504 offerings, warrants or options in place to date.

This press release contains forward-looking information within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by those
sections. This material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual results, performance
or achievements of Kat Exploration Inc. to be materially different from the
statements made herein.





Contact:

Ken Stead

President / CEO

Kat Exploration Inc.

Office: 709-368-9223

709-368-9224

Cell: 709-690-2908

Fax: [phone]

www.katexploration.com