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Opawica Explorations Inc (6)
Symbol OPW
Shares Issued 8,012,119
Close 2020-06-17 C$ 0.09
Recent Sedar Documents

Opawica closes financing for $166,750, not $180,500

2020-06-18 15:55 ET - News Release

Subject: News Release for Opawica Explorations Inc. Word Document File: '\\doc\emailin\20200618 124121 Attachment OPW NR 200618 (Private Placement Update).doc' - 2 - LEGAL_30607881.1 1100 - 595 Howe Street, Vancouver, BC Canada V6C 2T5 T (604) 681-3170, F (604) 681-3552, ir@opawica.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, 2020 - Opawica Explorations Inc. (the "Company") (TSX.V: OPW) announces that further to its news release of June 15, 2020, Mr. Michael Collins has amended his subscription in the Company's non-brokered private placement from 400,000 Common Shares of the Company (each, a "Share") to 125,000 Shares. Accordingly, the Company has closed on 3,335,000 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 release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the proposed Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and Exchange approval of the proposed Offering. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that 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 contained in the statements including that: the Company may not complete the Offering on terms favorable to the Company or at all; the Exchange may not approve the Offering; the proceeds of the Offering may not be used as stated in this news release; the Company may be unable to satisfy all of the conditions to the Closing; and those additional risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only 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 Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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