John Knowles Appointed President, CEO and Director of Wildcat Exploration Ltd.



    WEL - TSXV

    WINNIPEG, June 28 /CNW/ - The Board of Wildcat Exploration Ltd. (WEL-
TSXV) wishes to announce the appointment of Mr. John L. Knowles as President,
CEO and a director of the Company with effect from June 28, 2007.
    Mr. Knowles brings more than 20 years of resource industry experience and
a successful track record of managing corporate growth, treasury, and capital
markets. Prior to his recent activities as a private consultant, and as
Executive Vice President and CFO for AUR Resources Inc., John enjoyed a
successful nine-year career as a senior officer and director of Hudson Bay
Mining and Smelting Co., Limited and then Vice President and CFO of its
parent, HudBay Minerals Inc. While at HBMS and HudBay, John was an integral
part of the management team that saw it emerge from its parent company, Anglo
American plc, as an independently listed Canadian integrated mining, metal
processing and marketing company.
    Mr. Knowles succeeds Jerrold Siemens, who resigns as interim President
and CEO. Mr. Siemens has also resigned as Chairman, effective June 28, 2007,
due to demands of other business and family responsibilities, but will remain
a director of Wildcat. Rob Dzisiak, a director of the Company since 2004, has
been appointed as Chairman of the Board.
    "The Board is pleased that the Company's CEO search has attracted someone
of Mr. Knowles' caliber and experience. His background and track record in the
resource sector make him the ideal candidate to take the leadership role in
advancing the Company's base and precious metal properties," stated Mr.
Dzisiak, the new Chairman of Wildcat Exploration Ltd.
    "I look forward to working with the Wildcat team to build the Company's
asset base and its value to shareholders," stated Mr. Knowles.
    Wildcat is also pleased to announce the appointment of Mr. Andrew
Daniels, as a director of the Company. In 1995, Mr. Daniels founded Daniels
Trading, a commodity futures and options brokerage firm, headquartered in
Chicago IL., and he has been CEO since inception. Daniels Trading advises
commercial and high net worth individuals in trading global markets. Mr.
Daniels succeeds Joseph Baylis who has resigned from the board, effective
June 28, 2007, to concentrate on his other business activities. The
appointment of Mr. Daniels reflects the ongoing commitment by the Company to
sound corporate governance with a majority of the directors being independent
of management.
    "The Company is very pleased to have John Knowles and Andy Daniels join
the Wildcat team. Demand in our sector for individuals of their level of
expertise has never been greater. There are many opportunities to choose from
in the current market and I believe that the addition of John and Andy speaks
well of the team currently in place and the caliber of the Company's projects.
The Board would like to thank Joe Baylis for his recent efforts in bringing
John and Andy to the Company, and also for his past contributions to the
development of the company. We wish him continued success in his own
endeavours," stated Mr. Dzisiak.

    Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold
and base metals in Canada. It has two major project areas in Manitoba: gold
and base metals in the Rice Lake/Bissett area and a nickel-copper-PGE prospect
in the Flin Flon/Snow Lake area. In addition the Company's Foster River
project in Saskatchewan is prospective for a potential Broken Hill type
zinc-lead-silver occurrence. In building its property portfolio, Wildcat
welcomes proposals from owners of advanced Canadian exploration properties.
    For further information on the Company please visit our website at
www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings,
including its most recent audited consolidated financial statements, can be
reviewed on its website or on the SEDAR website at www.sedar.com.

    On behalf of the Board

    "Rob Dzisiak"
    Chairman

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.

    This news release may contain forward-looking statements based on some
assumptions and judgments regarding future events or results. Such statements
are subject to a variety of risks and uncertainties which could cause actual
events or results to differ from those reflected in the forward-looking
statements. The Company disclaims any intention or obligation to revise or
update such statements.

    %SEDAR: 00014885E




For further information:

For further information: Wildcat Exploration Ltd., R. Dzisiak, Chairman,
e-mail: r.dzisiak@wildcat.ca, Unit 203-1780 Wellington Avenue, Winnipeg,
Manitoba, R3H 1B3, Phone: (204) 944-8916, Fax: (204) 944-8918; Wayne Stebbe,
Vice President, Investor Relations, e-mail: w.stebbe@wildcat.ca, Unit 203-1780
Wellington Avenue, Winnipeg, Manitoba, R3H 1B3, Phone: (204) 944-8916, Fax:
(204) 944-8918

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WILDCAT EXPLORATION LTD.

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