Opawica Explorations Inc. Announces Private Placement
300 – 555 W . Geor gia Str eet, Randall Building, Vanc ouver, BC Canada V6B 1Z6
T (604)681- 3170, F ( 604) 681- 3552, [email protected]
www.opawic a.com
OPAWICA EXPLORATIONS INC. ANNOUNCES PRIVATE PLACEMENT
Vancouver, B.C. – June 29, 2018 – Opawica Explorations Inc. (the “Company”) (TSX.V : OPW)
announces that it proposes to undertake a private placement to raise gross proceeds of up to $200,000 (the
“Offering”) through the sale of up to 4,000,000 uni ts priced at $0.05 (the “Units”). Each Unit consist s of
one common share and one share purchase warrant exe rcisable into one further common share at a price
of $0.06 for a term of two years.
The Offering will be conducted under available exem ptions from the prospectus requirements of
applicable securities legislation and participation in the Offering will be available to existing shareholders
in qualifying jurisdictions in Canada in accordance with the provisions of BC Instrument 45-354 (the
“Existing Shareholder Exemption”) and similar provi sions in other jurisdictions’ securities legislation and
will be available to persons in qualifying jurisdic tions in Canada who have obtained advice as to the
suitability of the investment from a person registe red as an investment dealer in accordance with the
provisions of BC Instrument 45-536 and similar provisions in other jurisdictions’ securities legislation.
The Company has set June 28, 2018 as the record dat e for the purpose of determining shareholders
entitled to participate in the Offering in reliance on the Existing Shareholder Exemption. Qualifying
shareholders who wish to participate in the Offering should contact the Company as detailed below.
The proceeds from the Offering will be used for general working capital.
A finder’s and/or administrative fee of up to 10% m ay be paid to registered representatives in connect ion
with the Offering. The fee will be comprised of 50% cash and 50% common shares at $0.05 per share.
The Offering is subject to the acceptance of the TSX Venture Exchange and board approval.
For more information, please visit the Company’s website at www.opawica.com.
FOR FURTHER INFORMATION CONTACT:
Mark Lofthouse
Chairman, 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 po licies of the TSX Venture
Exchange) accepts responsibility for the adequacy of accuracy of this news release.