Opawica Announces Effective Date of Share Consolidation
Suite 488- 625 Howe Street, Vancouver, BC Canada V6C 2T6
T (604) 681- 3170, F (604) 681- 3552, [email protected]
www.opawica.com
OPAWICA ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
Vancouver, British Columbia, March 6, 2023, (TSXV: OPW: FSE: A2PEAD) (OTCQB: OPWEF: (the “Company”
or “Opawica”), announces that, further to the Company’s news release dated February 15, 2023, the
Company will consolidate the common shares in the capital of the Company (the “ Shares”) on the basis
of a one (1) post-consolidated Share for each ten (10) pre-consolidated Shares (the “Consolidation”).
The Company’s post Consolidation Shares are expected to begin trading on the TSX Venture Exchange on
March 8, 2023. The name of the Company and trading symbol will remain the same after the
Consolidation. The new CUSIP number will be 683476808 and the new ISIN number will be CA6834768088
for post Consolidation.
Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the
Company. All registered shareholders will be required to send their respective certificates representing
the pre–Consolidation Shares along with a properly executed letter of transmittal to the Company’s
transfer agent, Computershare Investor Services Inc. (“Computershare”), in accordance with the
instructions provided in the letter of transmittal. Additional cop ies of the letter of transmittal can be
obtained through Computershare at 1 -800-564-6253. All shareholders who submit a duly completed
letter of transmittal along with their respective pre -Consolidation Share certificate(s) to Computershare
will receive a post Consolidation Share certificate or Direct Registration Advice representing the post
Consolidation Shares.
About Opawica Explorations Inc.
Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious
and base metal properties within the Rouyn -Noranda region of the Abitibi Gold Belt in Québec and in
Central Newfoundland and Labrador. The Company’s management has a great track record in discovering
and developing successful exploration projects. The Company’s objective is to increase shareholder value
through the development of exploration properties using cost effective exploration practices, acquiring
further exploration properties, and seeking partnerships by either joint venture or sale with industry
leaders.
FOR FURTHER INFORMATION CONTACT
Blake Morgan
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.
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Forward-Looking Statements
This news release contains certain forward -looking statements, including the proposed share
consolidation, which rel ate to future events or future performance and reflect management’s current
expectations and assumptions. Such forward -looking statements reflect management’s current beliefs
and are based on assumptions made by and information currently available to the Company. Readers are
cautioned that these forward-looking statements are neither promises nor guarantees and are subject to
risks and uncertainties that may cause future results to differ materially from those expected including,
the receipt of necessary regulatory approvals (which are further subject to minimum distribution
requirements). There is no guarantee that the Company will obtain the approval of the TSX Venture
Exchange for the consolidation, or that the consolidation will be completed at the ratio proposed or at all.
All the forward-looking statements made in this news release are qualified by these cautionary statements
and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward -
looking statements are made as of the date hereof and the Company does not assume any obligation to
update or revise them to reflect new events or circumstances save as required by applicable law.