Opawica Explorations Inc. Initiates OTCQB Listing
3043 – 595 Burrard Street, Vancouver, BC Canada V 7X 1L7
T (604) 681 -317 0, F (60 4) 681 -3552, i r@opaw ica.com
www.opawica .com
OPAWICA EXPLORATIONS INC. INITIATES OTCQB LISTING
Vancouver, B.C. – June 8, 2021 – Opawica Explorations Inc. (TSX.V: OPW) (OTC Pink: OPWEF) (the
“Company” or “Opawica”) is pleased to an nounce that it has initiated the process list the Company’s
common shares on the OTCQB Venture Market (the “ OTCQB”). The listing of the Company’s common
shares on the OTCQB would be a n upgrade from the current OT C Pink Market listing and remains
subject to the approval of the OTCQB and the satisfaction of applicable listing requirements.
Blake Morgan , President and CEO of th e C ompany, commented: "Application and admission to th e
OTCQB is part of our long-term strategy to grow our shareholder base in the United States, a market that
traditionally has a strong demand for investment in Gold and Junior Miners. We have also begun to take
steps to raise investor awareness in Markets in Asia , Europe, and Canada through disseminating
translated materials and participating in Investor Conferences. This should take place over the coming
few weeks.”
The Company anticipates that the move to the OTCQB will provide enhan ced investor benefits including
access to the most current information while reducing the trading limits and r estrictions, greater access to
analyst coverage and news s ervices, and more comprehensive compliance requirements. The OTCQB is
considered by the Securities and Exchange Commission (“SEC”) as an "established public market" for the
purpose of determining the public market price when registering securities for resale with the SEC. The
OTCQB increases transparency, management certification and compliance requirements, and most broker
dealers trade stocks on the OTCQB. Historically this has resulted in greater li quidity and awareness for
companies that reach the OTCQB tier.
The OTCQB is a venture market designed for early -stage and developing US and inte rnational
companies. To be eligible, companies must be current in their reporting and undergo an annual
verification and management certification process.
Grant of Stock Options
The Company has granted 1,700,000 incentive stock options exercisable at $0. 60 per share until June 8,
2026 to directors, officers and consultants of the Company. The stock options are subject to th e
acceptance of the TSX Venture Exchange.
About Opawica Explorations Inc.
Opawica is a Canadian mineral exploratio n company with a strong portfolio of precious and base metal
properties within the Rouyn -Noranda region of the Abitibi gold belt in Quebec and in Central
Newfoundland and Labrador. The Company's management has a grea t record in discovering and
developing s uccessful 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 pro perties and seeking partnerships by eith er joi nt venture or sale with industry
leaders.
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FOR FURTHER INFORMATION CONTACT:
Blake Morgan
President and Chief Executive Officer
Opawica Explorations Inc.
Telephone: 604-681-3170
Fax: 604-681-3552
Disclaimer for Forward-Looking Information
This n ews r elease includes certain “forward -looking statements” under applicable Canadian securities l egislation that are not
historical facts. Forward -looking s tatements inv olve ris ks, uncertainties, and other factors t hat could cause actual results,
performance, pr ospects, and opportunities to differ ma terially from those expressed or implied by such for ward-looking
statements. Forward -looking statements in this news release include, but are not limit ed to, statements w ith respect to the
expectations of management regarding the proposed Offering, the exp ectations of management regarding the us e of proceeds of
the Offering, closing conditions for the Offer ing, and Exchange app roval of the proposed Offer ing. Although the C ompany
believes that the expectations refl ected in the forward-looking information are reasonable, there can be no assurance t hat such
expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual
results, performance or develop ments to differ materially from those contai ned in the statements including that: th e Company
may not complete the Offering on terms favorable to t he Company or at all; the Exchange may not appro ve the Offering; th e
proceeds of the Offering may not be used as s tated in this news release; the Company may be unable to satisfy all of the
conditions to t he C losing; and those additional risks set out in t he Compa ny’s public d ocuments filed on SEDAR at
www.sedar.com. Alth ough the Company believes that the assumpt ions and f actors used in preparing the forwa rd-looking
statements are reasonable, undue reliance should not be placed on these statements, which on ly apply as of the date of this news
release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by
law, the Company disclaims any intention or obligation to update or revise any forward -looking statement, whether as a result of
new information, future events, or otherwise.
Neither the TSX Vent ure E xchange nor its Regulation Services Pro vider (as that term is defined in the po licies of th e TS X
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.