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OPW.V ·

Opawica Explorations Inc. Updates Private Placement

Financings

11 00 – 595 Howe Street, Vancouver, BC Canada V6 C 2T5

T (604) 681 -317 0, F (60 4) 681 -3552, i r@opaw ica.com

www.opawica .com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

OPAWICA EXPLORATIONS INC. UPDATES PRIVATE PLACEMENT

Vancouver, B.C. – June 18, 20 20 – Opawica Explorations Inc. (the “Company”) (TSX.V: OPW)

announces that further to its news release of June 15, 2020 , Mr. Michael Collins h as amended his

subscription in the Company ’s non-brokered private placement from 400,000 Common Shares of the

Company (each , a “Share”) to 1 25,000 Shares. Accordingly, the Company has clos ed on 3,3 35,000

Shares at a price of $0.05 per Share for gross proceeds of $166,750.

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 news 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 that coul d 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 limited to, statements with resp ect to the

expectations of management r egarding 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 Offering. Although the Company

believes that the expectations reflected 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 developments 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 approve the Offering; the

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. Although the Company believes that the assumptions and factors 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 Venture 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.