Vancouver, B.C., December 12, 2007 - Wildcat Silver Corporation (CNQ: WILD; OTC:
WLDVF.PK) (“Wildcat” or the “Company”) advises there is no change to the status of the Management
Cease Trade Order (“MCTO”) issued in connection with its Notice of Default filed on October 30, 2007
with respect to the delayed filing of its consolidated audited financial statements for the year ending June
30, 2007 (the “Financial Statements”). As a result, Wildcat is unable to file its first quarter financial
statements for the three months ended September 30, 2007.
The effect of the cease-trade order against Company management and directors is that management and
directors may not purchase and sell Company securities until the Company has filed the Financial
Statements and the Canadian Securities Administrators (“CSA”) has revoked the MCTO. This MCTO
does not restrict the ability of Wildcat’s other shareholders to trade Wildcat shares.
Details with respect to the delay are provided in the Company’s news release dated October 30, 2007.
The private company associated with the delay is progressing with completing what is required and
Wildcat anticipates being in a position to file the Financial Statements on or before December 29, 2007.
Wildcat will, as required by CSA Staff Notice 57-103, continue to issue bi-weekly Default Status Reports
with respect to the default in the filing of the Financial Statements.
ABOUT WILDCAT SILVER CORPORATION – Wildcat is developing the Hardshell silver project in Santa
Cruz County, Arizona, USA. The Hardshell property is held by Arizona Minerals Inc., of which Wildcat is
an 80 percent owner. Wildcat trades on the CNQ Exchange in Canada under the symbol WILD.
For additional information please visit www.wildcatsilver.com or contact:
Marlo Hamer-Jackson, Investor Relations Manager
Phone: (604) 484-3597
Fax: (604) 687-1715
On behalf of the Board of Directors,
Donald B. Clark
President and Director
FORWARD LOOKING STATEMENTS
The statements that are not historical facts are forward-looking statements involving known and unknown risks and
uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties
include those described from time to time in the Company's latest annual report and management discussion and
analysis. The Company assumes no obligation to publicly update any forward-looking statements, whether as a result
of new information, future events or otherwise.
The CNQ has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.