Announcement • Jul 25
Opawica Explorations Inc. announced that it expects to receive CAD 1.5 million in funding Opawica Explorations Inc. announced a non-brokered private placement of 15,000,000 units of the company at an issue price of CAD 0.10 for gross proceeds of CAD 1,500,000 on July 24, 2026. Each Unit will consist of one common share of the Company and one-half of one share purchase warrant, with each whole Warrant exercisable to purchase one common share at an exercise price of CAD 0.20 per Warrant share at any time up to 24 months following the closing of the offering. 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 CAD 0.30 per common share for the preceding 10 consecutive trading days. The Company intends to pay finders fees in accordance with the policies of the TSX Venture Exchange. Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.3m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.54m market cap, or US$2.59m). New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.0m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 2.7% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.34m market cap, or US$2.42m). 
