Opawica Closes Financing
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 CLOSES FINANCING
Vancouver, B.C. – December 29, 2014 – Further to its News Releases of November 5 and 13, 2014, Opawica Explorations Inc. (“OPW” / the “Company”) (TSX.V: OPW) announces that it has closed a private placement of 10,202,900 common shares at a price of $0.01 per share pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange, for total proceeds of $102,029. Insiders purchased 3,156,200 shares.
Proceeds from the sale of shares will be used to pay outstanding accounts payable and for general working capital.
All securities issued pursuant to the private placement are subject to a hold period expiring April 30, 2015.
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.