Opawica Closes Post-Consolidation 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 POST-CONSOLIDATION FINANCING

December 27, 2013

Vancouver, BC – Opawica Explorations Inc. (“OPW” / the “Company”) (TSXV: OPW). Further to its News Release of November 4, 2013, the Company announces that it has closed a post-consolidation private placement of 2,000,000 flow-through units (the “FT Units”) and 2,000,000 non flow-through units (the “NFT Units”) for total proceeds of $200,000. Each FT Unit and NFT Unit was priced at $0.05 and is comprised of a share and a warrant exercisable at $0.06 for a term of two years (in the case of the FT Units) and five years (in the case of the NFT Units). Insiders purchased 700,000 FT Units and 700,000 NFT Units. A cash finder’s fee of $1,000 was paid on a portion of the private placement.

The proceeds from the sale of the FT Units will be used for exploration activity on the Company’s Canadian mineral properties, while the proceeds from the sale of the NFT Units will be used for general working capital.

All securities issued pursuant to the private placement are subject to a hold period expiring April 28, 2014.

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.