Omega Pacific Resources Inc. Issues Second Tranche of Shares under Lekcin Property Option Agreement

Omega Pacific Resources Inc. Issues Second Tranche of Shares under Lekcin

Property Option Agreement

VANCOUVER, BC / August 10, 2023 / Omega Pacific Resources Inc. (CSE: OMGA)

("Omega" or the "Company"), further to its news release dated April 28, 2023 is pleased

to announce that it issued the second tranche of 100,000 common shares (the “Shares”)

pursuant to the Binding Letter Agreement dated August 10, 2022 between the optionors

and the Company for the option to purchase the Lekcin Property, located in the Lillooet

Mining Division, British Columbia.

The Shares have been issued at a deemed price of $0.07 per Share and are subject to a

hold period expiring four months and one day from the date of issue.

After the issuance of the Shares, the Company has a total of 20,483,001 common shares

issued and outstanding.

For more information about the Lekcin Property and the Binding Letter Agreement please

see the news release of the Company dated April 28, 2023.

About Omega Pacific Resources Inc.

Omega Pacific Resources Inc. is a British Columbia-based mineral exploration company

that is primarily engaged in the acquisition, development and exploration of mineral

resources. Currently, the Company is focused on its principal property, the Lekcin

Property, which is in the exploration stage. The Property consists of 5 mining cell claims

totaling approximately 2,436.93 hectares located 10 km northwest of the town of Hope

and 120 km east of the city of Vancouver. The company may also evaluate the acquisition

of other mineral exploration assets and opportunities. Omega is publicly listed on the

Canadian Stock Exchange (CSE) under trading symbol "OMGA".

On Behalf of the Board of Directors

Omega Pacific Resources Inc.

Sheri Lynn Rempel

Director and Chief Financial Officer

Tel: (778) 790-0886

Email: [email protected]

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that

term is defined in the p olicies of the CSE) accepts responsibility for the adequacy or

accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release includes certain "forward -looking statements" under applicable

Canadian securities legislation. Forward -looking statements consist of statements that

are not purely historical, including any statements regarding beliefs, plans, expectatio ns

or intentions regarding the future. Forward -looking statements in this news release

include statements with respect to receipt of final approval from the Canadian Securities

Exchange and the expected timing of commencement of trading. Forward -looking

statements are subject to various known and unknown risks and uncertainties that may

cause actual results, performance or developments to differ materially from those

contained in the statements, including risks related to factors beyond the control of the

Company, including, but not limited to: changes in general economic conditions or

conditions in the financial and capital markets; uncertainties related to the availability and

costs of financing needed in the future; business and economic conditions in the mineral

exploration industry generally; the supply and demand for labour and other project inputs;

changes in commodity prices; changes in interest and currency exchange rates; risks

related to inaccurate geological and engineering assumptions; risks rela ting to

unanticipated operational difficulties (including failure of equipment or processes to

operate in accordance with the specifications or expectations, unavailability of materials

and equipment, government action or delays in the receipt of governmen t approvals,

industrial disturbances or other job action and unanticipated events related to health,

safety and environmental matters); risks related to adverse weather conditions and

geopolitical risk and social unrest. There can be no assurance that such statements will

prove to be accurate, as actual results and future events could differ materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on

forward-looking statements. The Company disclaims any intention or obligation to update

or revise any forward-looking statements, whether as a result of new information, future

events or otherwise, except as required by law.