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OPW.V ·

Opawica Provides Update ON Viewpoint

Corporate Updates

Suite 488 -625 Howe Street, Vancouver, BC Canada V6C 2T6

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

www.opawica.com

OPAWICA PROVIDES UPDATE ON VIEWPOINT

Vancouver, British Columbia, March 2 nd, 2023, (TSXV: OPW: FSE: A2PEAD) (OTCQB: OPWEF: (the

“Company” or Opawica”) announces that further to the news release dated November 10, 2022, the

Viewpoint docuseries where Opawica is featured has yet to air due to scheduling conflicts. The episode

featuring Opawica was originally scheduled to air in December 2022 as previously announced.

An educational documentary series “Viewpoint with Dennis Quaid” (Viewpoint”) produces educational

documentaries on a range of topics including business, technology, travel, health, and culture – with a focus

on highlighting innovation around the world. Viewpoint is distributed nationwide in the United States

through public television stations and major networks.

Once the Company has received updated timing information on the airtime from Viewpoint a news release

will be issued to update shareholders accordingly.

Background

In 2021, Viewpoint producers reached out to the CEO of Opawica Explorations Inc. Blake Morgan, as part of

their search for a featured company to headline a planned episode on Junior Mining and Exploration in

Canada. After several months of discussions with senior producers and writers, the Company was chosen

and offered the chance to participate. Given the educational aim of the series, one of the primary goals of

the episode will be to bring attention to Opawica and their impact on mineral exploration. Opawica’s use of

AI technology, it’s CEO and elite projects fit this mandate, and were significant contributing factors in

Viewpoint’s selection.

Opawica’s management and Viewpoint production team began filming on May 24 th, 2022 and created

content to be rele ased to over 60 million homes in 2022. In addition to the final products designed for

television release, the Company will also retain all the high -definition raw camera footage (5+ hours) for

potential future use.

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

- 2 -

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, including the proposed share

consolidation, which relate to future events or future performance and reflect management’s current

expectations and assumptions. Such forward -looking statements reflect mana gement’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,

the receipt of necessary regulatory approvals (which are further subject to minimum distribution

requirements). There is no guarantee that the Company will obtain the approval of the TSX Venture

Exchange for the consolidation, or that the consolidation will be completed at the ratio proposed or at all.

All the forward-looking statements made in this news release are qualified by these cautionary statements

and those in our con tinuous 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.