Mr. Blake Morgan reports
OPAWICA EXPLORATION INC GRANTS STOCK OPTIONS
Opawica Explorations Inc.
has granted a total of
900,000 stock options
to certain directors and officers of the company pursuant to its stock option plan.
Each option is exercisable to acquire one common share of the company at a price of
nine cents
per share
for a period of
three years
from the date of grant. The options are subject to the terms of the company's stock option plan and the policies of the TSX Venture Exchange.
All options and any shares issued upon exercise thereof are subject to a
four-month hold period from the date of issuance
in accordance with applicable securities laws and the policies of the exchange.
About Opawica Explorations Inc.
Opawica Explorations is a Canadian resource exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec. The company's management has a great 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.
Opawica's Bazooka properties cover seven kilometres of the prolific CLLB. The Bazooka properties are bound to the west by the Wassamac gold property, which is 100 per cent owned by Richmont Mines Inc.
We seek Safe Harbor.
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