Opawica Files Annual Audited Financial Statements FOR Recovation of Cease Trade Order
LEGAL_37955086.1
3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7 T (604) 681-3170, F
(604) 681-3552, [email protected] www.opawica.com
OPAWICA FILES ANNUAL AUDITED FINANCIAL STATEMENTS FOR RECOVATION OF CEASE TRADE
ORDER
Vancouver, B.C. – January 28, 2022 - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF)
(the “Company” or “ Opawica”) announces that further to the news releases dated December 30, 2021
and January 14, 2022, it has completed the filing of its annual audited financial statements, accompanying
management discussion and analysis and related CEO and CFO certifications for the year ended August
31, 2021 (the “Annual Filings”) under its SEDAR profile on www.sedar.com. Therefore, it expects the
Company’s Management Cease Trade Order (“MCTO”) in respect of the delayed Annual Filings to be
revoked by the securities regulators in accordance with National Policy 12-203 – Cease Trade Orders for
Continuous Disclosure Defaults in due course.
The Company confirms that since the date of the Default Announcement: (i) there has been no material
changes to the information set out in the Default Announcement that has not been generally disclosed;
(ii) the Company is satisfying and intends to continue to satisfy the provisions of the alternative
information guidelines under NP 12-203; (iii) there has not been any other specified default by the
Company under NP 12-203; and (iv) there is no material information concerning the affairs of the
Company that has not been generally disclosed.
The Company would like to thank its shareholders for their patience during this time.
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 and in
Central Newfoundland and Labrador. 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 seeking partnerships by either joint venture or sale with industry
leaders.
FOR FURTHER INFORMATION CONTACT:
Blake Morgan
President and Chief Executive Officer Opawica
Explorations Inc.
LEGAL_37955086.1
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.