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OPW.V ·

Opawica Reports Agm Results

Shareholder Meetings

3043 – 595 Burrard Street, Vancouver, BC Canada V7X 1L7

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

www.opawica.com

OPAWICA REPORTS AGM RESULTS

Vancouver, British Columbia, June 1, 2022, (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the “Company”

or “Opawica”) is pleased to report the passing of all resolutions at the Annual General Meeting (“ AGM”)

held on Tuesday, May 31, 2022, in Vancouver, B.C.

Shareholders voted in person and by proxy, representing an aggregate of 13,748,290 shares, being 32.91

per cent of the 41,781,104 issued and outstanding shares as at the record date of April 29, 2022.

All four nominees listed in the man agement proxy circular, Blake Morgan , Christopher Reynolds, Owen

King and Phillipe Har vard Ing. Jr . were re- elected as directors of Opawica for the ensuing year.

Shareholders also approved Opawica’s 10 per cent rolling stock option plan and re -appointed Cro we

MacKay LLP chartered accountants for the 2022 year-end.

Blake Morgan, CEO of Opawica stated, “On behalf of the Board of Directors, I would like to thank all our

shareholders for taking their time to vote and show their continued support. Now that the AGM is

finished, we can turn our attention to the continuing exploration program at the Arrowhead property,

Québec. The Company is still awaiting the assay results of the Bazooka drill program and will report the

results as soon as they are available.”

About Opawica Explorations Inc.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious

and base metal properties wit hin 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.

Telephone: 604-681-3170

Fax: 604-681-3552

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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 fo rward-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 forw ard-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 Compa ny does not assume any obligation to update or revise them to reflect new events or

circumstances save as required by applicable law.