Trend Future Income
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Trend Future Income

Investing

Opawica Explorations Inc Announces the Closing of Non-Brokered Private Placement

by admin April 3, 2025
April 3, 2025
Opawica Explorations Inc Announces the Closing of Non-Brokered Private Placement

(TheNewswire)

Opawica Explorations Inc.

April 3rd, 2025 TheNewswire – Vancouver, B.C. Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the ‘Company’ or ‘Opawica’) a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that it has closed the  the recently announced oversubscribed private placement (announced March 15, 2025) of 1,385,000 Units to for total aggregate proceeds of CAD $277,000 each consisting of one Common Share of the Company and one Common Share Purchase Warrant at a price of $0.20c per Unit.

Each purchase Warrant is exercisable into one Common Share at an exercise price of $0.30 per share at any time up to 24 months following the closing date. The Company also maintains a Warrant Acceleration option allowing Opawica to accelerate the expiry date of the Warrants if the daily trading price of the Common Shares on the TSX Venture Exchange is greater than $0.42 per Common Share for the preceding 10 consecutive trading days. All securities issued under the Offering and including Warrants will be subject to a four (4) month holding period.

The Company intends to use a portion of the net proceeds to advance drilling obligations on its flagship properties and administrative obligations at the gold properties in the Abitibi Gold Belt, general working capital purposes and marketing awareness initiatives.

The Private Placement remains subject to receipt of all required approvals, including the final approval of the TSX Venture Exchange, as well as execution of formal documentation.

A bout 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. 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

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.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Trump gets rare Democrat support for new tariffs: ‘This is a good start’
next post
RUA GOLD Begins Drilling at Cumberland Target in the Reefton Goldfield, Following up on a 20.7m Intercept of 62g/tGold

You may also like

Trading Halt

Antimony Production Target of ~4,500tpa for La Demajagua...

Aether Global Innovations Corp. and Idroneimages Ltd. Sign...

Trump Win Fuels Surge in US Dollar, Gold...

Replacement ASX Prospectus

5 Top Weekly TSXV Stocks: Gabriel Resources Gains...

12 Generative AI Stocks to Watch as ChatGPT...

Helium Evolution Announces Filing of Third Quarter 2023...

Investing News Network Creates A Global Platform with...

Agreement Signed for the Sale of up to...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Apollo Silver’s Vision: From Founding to Future in Precious Metals Exploration

    • Apollo Silver Expands Calico Project Land Package by over 285%

    • FPX Nickel Provides Update on Affiliate Company CO2 Lock Corp.

    • Expert reveals how companies are rebranding ‘toxic’ DEI policies to skirt Trump-era bans: ‘New wrapper’

    • Federal judge blocks Trump dismantling of US Institute of Peace

    Categories

    • Business (1,654)
    • Investing (4,874)
    • Politics (7,716)
    • Uncategorized (2)
    • World (6,254)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: trendfutureincome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 trendfutureincome.com | All Rights Reserved


    Back To Top