OPW.V · 2025-10-17 12:00:00

Opawica ExploraƟons Inc. Grants Stock OpƟons

Corporate Updates

Vancouver, British Columbia – October 17, 2025 – Opawica Explorations Inc. (TSXV: OPW)

(the “Company”) announces that it has granted a total of 900,000 stock options to certain

directors and officers of the Company pursuant to its stock option plan.

Each option is exercisable to acquire one common share of the Company at a price of $0.09

per share for a period of three (3) years from the date of grant. The options are subject to

the terms of the Company’s stock option plan and the policies of the TSX Venture Exchange.

All options and any shares issued upon exercise thereof are subject to a four-month hold

period from the date of issuance in accordance with applicable securities laws and the

policies of the Exchange.

About Opawica ExploraƟons Inc.

Opawica ExploraƟons is a Canadian resource exploraƟon company with a strong porƞolio of precious

and base metal proper Ɵes within the Rouyn -Noranda region of the Abi Ɵbi gold belt in Quebec. The

company’s management has a great record in discovering and developing successful explora Ɵon

projects. The company’s objec Ɵve is to increase shareholder value through the development of

exploraƟon proper Ɵes using cost -eﬀecƟve explora Ɵon prac Ɵces, acquiring further explora Ɵon

properƟes and seeking partnerships by either joint venture or sale with industry leaders.

Opawica’s Bazooka properƟes cover seven kilometres of the proliﬁc CLLB. The Bazooka properƟes are

bound to the west by the Wassamac gold property, which is 100 per cent owned by Richmont Mines

Inc.

FOR FURTHER INFORMATION CONTACT

Blake Morgan

President and Chief ExecuƟve Oﬃcer

Opawica ExploraƟons Inc.

Telephone: 236-878-4938

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future

performance and reﬂect management’s current expectaƟons and assumpƟons. Such forward-looking

statements reﬂect management’s current beliefs and are b ased on assump Ɵons made by and

informaƟon currently available to the Company. Readers are cau Ɵoned that these forward -looking

statements are neither promises nor guarantees, and are subject to risks and uncertain Ɵes that may

cause future results to diﬀer materially from those expected including, but not limited to, market

condiƟons, availability of ﬁnancing, actual results of the Company’s explora Ɵon and other ac ƟviƟes,

environmental risks, future metal prices, opera Ɵng risks, accidents, labor i ssues, delays in obtaining

governmental approvals and permits, and other risks in the mining industry. All the forward-looking

statements made in this news release are qualiﬁed by these cau Ɵonary statements and those in our

conƟnuous disclosure ﬁlings available on SEDAR+ at www.sedarplus.com. These forward-looking

statements are made as of the date hereof and the Company does not assume any obligaƟon to update

or revise them to reﬂect new events or circumstances save as required by applicable law.