Opawica Explorations Inc. Announces Principal Terms of Property Purchase and Sale Agreement

300 – 555 W. Georgia Street, Randall Building, Vancouver, BC Canada V6B 1Z6 T (604)681-3170, F (604)681-3552, [email protected] www.opawica.com

OPAWICA EXPLORATIONS INC. ANNOUNCES PRINCIPAL TERMS OF PROPERTY PURCHASE AND SALE AGREEMENT

Vancouver, B.C. – December 22, 2015 – Opawica Explorations Inc. (the “Company”) (TSX.V: OPW) is pleased to announce that it has settled the principal terms of a purchase and sale agreement with Investissements Gema Inc. (“Gema”) for the Company to acquire a 100% interest, subject to retained royalties, in the Bazooka, McWatters and Doyon-Bousquet claims (the “Properties”) located in northern Quebec, Canada.

In order to purchase the Properties, the Company is to issue 3,870,000 common shares of the Company (the “Shares”), said Shares to be issued on a post-consolidation basis, it being acknowledged that the Company is intending to consolidate its current and outstanding share capital on a 4 old for 1 new basis (the “Consolidation”). The Shares will be subject to a four month hold period under applicable securities laws. 1,000,000 of the Shares are to go to RT Minerals Corp., a company with common directors to the Company.

A further condition to closing the sale of the Properties is the completion of a unit private placement to raise up to $500,000 at a minimum price of $0.05 per unit (post Consolidation), with each unit comprised of one share and one warrant exercisable at a minimum price of $0.05 for a term of five years (the “Offering”). Up to $400,000 of the Offering will consist of flowthrough units.

Closing of the transactions contemplated hereby is subject to the conclusion of further documentation, approval by shareholders of the Company, and TSX Venture Exchange acceptance to the transactions contemplated hereby, provided that if any of the conditions set out herein are not satisfied by March 31, 2016, the agreement shall terminate and be of no further force and effect.

FOR FURTHER INFORMATION CONTACT:

Fred Kiernicki President and Chief Executive Officer Opawica Explorations Inc.

Telephone: 604-681-3170 Fax: 604-681-3552

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.