Opawica Announces Consolidation of Shares

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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 ANNOUNCES CONSOLIDATION OF SHARES

December 23, 2013

Vancouver, BC – Opawica Explorations Inc. (“OPW” / the “Company”) (TSXV: OPW) wishes to announces that effective December 24, 2013, the Company will consolidate its common shares (the “Shares”) on the basis of one (1) post‐consolidated common share for every twelve

(12) pre‐consolidated Shares held (the “Consolidation”). The new CUSIP number will be 683476303 and the new ISIN number will be CA6834763030. The Company’s name and stock symbol will remain unchanged following the Consolidation.

The Consolidation was approved by shareholders of the Company at the Company’s Extraordinary General Meeting held on December 18, 2013 (the “Meeting”). As at the date of the Meeting, the Company had 101,509,371 Shares issued and outstanding and the Company will have approximately 8,459,114 Shares issued and outstanding following the Consolidation. No fractional shares will be issued under the Consolidation and any fraction will be rounded to the nearest whole number. The Consolidation has been approved by the TSX Venture Exchange.

Letters of transmittal with respect to the Consolidation will be mailed shortly to all registered shareholders of the Company. All shareholders who submit a duly completed letter of transmittal along with their respective share certificate(s) representing the pre-consolidated Shares to the Company’s transfer agent, Computershare Investor Services Inc., will receive a share certificate representing the post-consolidated Shares.

The Company also wishes to announce that, following the Consolidation, it intends to proceed with the post-consolidation private placement disclosed in the Company’s news release of November 4, 2013 as to $100,000 of Flow Through Units and $100,000 of Non Flow Through Units, all at $0.05 per unit.

FOR FURTHER INFORMATION CONTACT:

Alexander (Sandy) Bain President Opawica Explorations Inc.

604-681-3170

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.

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