Vancouver, B.C. – September 17th , 2024 – Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”) Further to its news release on June 7, 2024, the Company is pleased to announce that it has entered into an amended and restated investor relations service agreement dated September 17, 2024 (the “A&R Agreement”), with White Rabbit Projects Pte. Ltd. (“White Rabbit”) Pursuant to the A&R Agreement, the Company amended the terms of the original service agreement between the Company and White Rabbit dated June 6, 2024, including, but not limited to the following changes:
The engagement of any third-party providers providing investor relations services to the Company introduced by White Rabbit will be subject to the prior approval of the TSX Venture Exchange (the “TSXV”); The investor relations and promotional activities budget pursuant to the A&R Agreement is confirmed as US$220,000, which includes all fees paid by the Company to White Rabbit and to third party providers introduced by White Rabbit to the Company; All amendments, modification or supplementation of the A&R Agreement will be subject to prior approval of the TSXV; White Rabbit may be paid up to US$10,000 per month (unless otherwise agreed by the Company) for services other than acting as the Company’s investor relations coordinator; and clarifying that White Rabbit will not be providing any market making services.
About Opawica Explorations Inc.
Opawica Explorations 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 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.
FOR FURTHER INFORMATION CONTACT
Blake Morgan President and Chief Executive Officer
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.