Opawica Explorations Inc. Shareholders Approve Share Consolidation and Elect Board of Directors

300 – 555 W. Georgia Street, Randall Building, Vancouver, BC Canada V6B 1Z6

T (604)681- 3170, F (604)681- 3552, [email protected]

www.opawica.com

OPAWICA EXPLORATIONS INC. SHAREHOLDERS APPROVE SHARE CONSOLIDATION

AND ELECT BOARD OF DIRECTORS

Vancouver, B.C. – November 23, 2017 – Opawica Explorations Inc. (the “Company”) (TSX.V: OPW)

announces that all of the resolutions put forth at its Annual Gene ral Meeting of Shareholders held on

November 23, 2017 have been approved by an overwhelming majority of the votes cast. In addition to

the approval of the Company’s rolling stock option plan and the appointment of Manning Elliott LLP,

Chartered Professional Accountants as auditors for the ensuing year, the shareholders also approved the

proposed share consolidation plan (the “Consolidation”), approved the proposed number of board seats

and elected the directors.

Following approval of the Consolidation, the directors are authorized to consolidate the issued and

outstanding common shares of the Company on the basis of one (1) new common share for every five (5)

existing common shares. It is anticipated that the Consolidation will be implemented forthwith up on

receipt of TSX Venture Exchange approval.

The number of directors was set at six, and the shareholders elected the following directors of the

Company:

• Paul Antoniazzi – Chairman, President and Chief Executive Officer, and Director of the

Company since January 1997;

• Ferdynand (Fred) Kiernicki – Director of the Company since January 2008;

• Yvan Bussières, P. Eng. – Qualified Person and Director of the Company since July 2016;

• Mark Lofthouse – Director of the Company since March 2011;

• Edmond Hatoum – Director of the Company from February 2015 to July 2016 and since July

2017; and

• Philippe Havard, Ing. Jr. – Director of the Company since June 2016.

ABOUT OPAWICA EXPLORATIONS INC.

Opawica Explorations Inc. is a junior resource company engaged in the acquisi tion, exploration and

evaluation of gold and base metal mineral properties in Canada . The Company owns 100% interest

subject to certain royalties in the Bazooka gold property located in the Beauchastel Township

approximately seven kilometres southwest of Rouyn-Noranda, Quebec. The Bazooka property comprises

seven contiguous kilometres of strike length along the prolific Abitibi Gold Belt on the Cadillac Larder

Lake Break. The eastern border of the Bazooka gold property adjoins Yorbeau Resources Inc.’s Rouyn

Property that is actively being explored by Kinross Gold Corporation under an option agreement (see

Yorbeau press release dated October 25, 2016). The western border of the Bazooka gold property adjoins

Monarques Gold Corporation’s Wasamac gold proper ty (2,882,000 oz Au resources per Monarques NI

43-101 technical report dated October 25, 2017). The Company also holds 100% interest subject to

certain royalties in the McWatters gold property in the Rouyn -Noranda area and the Arrowhead gold

property in the Joannes Township, Quebec.

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For more information, please visit the Company’s website at www.opawica.com.

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi

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 policies of the TSX Venture

Exchange) accepts responsibility for the adequacy of accuracy of this news release.