KATX KAT Exploration Inc

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Kat Exploration Secures up to $5 Million Funding With 50 Million Restricted Shares and Retires REG-D 504
.Companies:Kat Exploration Inc..Press Release Source: Kat Exploration Inc. On Friday January 15, 2010, 10:30 am
MOUNT PEARL, NL--(Marketwire - 01/15/10) - Kat Exploration Inc. (Pinksheets:KATX - News) 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.

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MOUNT PEARL, NL--(Marketwire - 03/17/10) - KAT Exploration Inc. (Pinksheets:KATX - News) http://www.KATexploration.com/ is pleased to announce that it has staked 346 new claims of approximately 125sq KM over impressive copper discoveries in the southern portion of the Bonavista peninsula, south of its Lucky properties in the Clifton area in eastern Newfoundland.

The company is very excited to be able to lay claims over such a favorable area where the geology, sub-aerial mafic and felsic volcanic rocks are the same as that hosting its Rusty Ridge (IOCG) property.

Two distinct types of copper mineralization exist. The first, occur as veins, stringers, and blebs of chalcocite, while the second occurs as disseminated chalcocite and chalcopyrite throughout the host rocks.

Large brecciated, hematitic felsic volcanic rocks permeate the southern portion of the new claims creating the same type of environment found on the Rusty Ridge property allowing for the same high potential of another Iron Oxide, Copper-Gold (IOCG) discovery.

With copper demands on the rise worldwide, KAT feels it important to have a well stacked portfolio of copper properties that would generate significant interest from major copper producers

With great accessibility to many areas of these claims by way of woods roads, it allows the company to carry out a fairly quick and extensive exploration program in late spring and early summer.

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.