Opawica Explorations Closes $190,000 Private Placement
December 01 2011 - 1:41PM
Marketwired
Opawica Explorations Inc. (TSX VENTURE:OPW) ("Opawica" or the
"Company"). Further to its news releases of November 7, 2011 and
November 23, 2011, the Company is pleased to announce that it has
received $190,000 from the placement of 3,800,000 units (the
"Units") at a price of $0.05 per Unit, each Unit consisting of one
flow-through common share and one share purchase warrant, with each
whole warrant entitling the holder to acquire a common share of the
Company at a price of $0.10 per share for a term of two years.
All securities issued in connection with the placement are
subject to a hold period expiring March 31, 2012.
Proceeds from this placement will be used for general working
capital.
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.
Contacts: Opawica Explorations Inc. Donald (Dan) M. Clark
President 604-681-3170 604-681-3552
(FAX)info@opawica.comwww.opawica.com
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