Opawica Explorations Inc. Engages ICP Securities Inc. FOR Automated Market Making Services
OPAWICA EXPLORATIONS INC. ENGAGES ICP SECURITIES INC. FOR AUTOMATED
MARKET MAKING SERVICES
Vancouver, B.C. – The Newswire – October 31st, 2024 - Opawica Explorations Inc.
(TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (the “Company” or “Opawica”) ”) is pleased to
announce that it has engaged the services of ICP Securities Inc. (“ICP ”) to provide automated
market making services, including use of its proprietary algorithm, ICP Premium™, in compliance
with the policies and guidelines of the CSE Exchange and other applicable legislation.
ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the
Company and ICP was signed with a start date of November 1, 2024, and is for four (4) months
(the “Initial Term”) and shall be automatically renewed for subsequent one (1) month terms (each
month called an “Additional Term”) unless either party provides at least thirty (30) days written
notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no
performance factors contained in the agreement and no stock options or other compensation in
connection with the engagement. ICP and its clients may acquire an interest in the securities of
the Company in the future.
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to
correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be
responsible for the costs it incurs in buying and selling the Company’s shares, and no third party
will be providing funds or securities for the market making activities.
ABOUT ICP SECURITIES INC.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market
making and liquidity provision, as well as having a proprietary market making algorithm, ICP
Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market
structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high
quality liquidity provision and execution services to a broad array of public issuers and institutional
investors.
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. 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 seeki ng partnerships by either joint venture or sale
with industry leaders.
OPAWICA EXPLORATIONS INC. ENGAGES ICP SECURITIES INC. FOR AUTOMATED
MARKET MAKING SERVICES
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.
Forward-Looking Statements
This news release contains certain forward- looking statements, which relate 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, but
not limited to, market conditions, availability of financing, actual results of the Company’s
exploration and other activities, environmental risks, future metal prices, operating risks,
accidents, labor issues, 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 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.