KAT Exploration Inc (KATX)

[Rick-UK]

KATX Quarterly Financials are out...

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37337 and http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37338

Over $580,000 in the bank (so we are very well funded right now) and around $1.2m spent. Therefore it's safe to say we have had further investment than the initial $1m.

No changes to share structure...

Item 2: The Number of Shares or Total Amount of the Securities Outstanding for Each Class of Securities Authorized.

As of the quarter ended August 31, 2010:

Common Stock authorized: 700,000,000
Common Stock outstanding: 641,603,644
Preferred Stock authorized: 30,000,000
Class A Preferred outstanding: 11
Class B Preferred outstanding: 580,000
Public Float: 291,048,329
Number of shareholders of record: 102

This is a very solid Quarterly statement - excellent news all round. Progress is most definitely being made!