Opawica Explorations Inc. Announces New Private Placement

300 – 555 W. Georgia Street, Randall Building, Vancouver, BC Canada V6B 1Z6 T (604)681-3170, F (604)681-3552, [email protected] www.opawica.com

OPAWICA EXPLORATIONS INC. ANNOUNCES NEW PRIVATE PLACEMENT

Vancouver, B.C. – May 12, 2016 – Opawica Explorations Inc. (the “Company”) (TSX.V: OPW) announces a new unit private placement (the “Placement”) to raise up to $600,000 at a price of $1,000 per unit, with each unit comprised of 11,667 flow-through common shares, 8,333 non flow-through common shares, and 20,000 share purchase warrants exercisable at a price of $0.06 for a term of five years (the “Offering”). The unit pricing is equivalent to $0.05 per share and a whole warrant attached to each share that is exercisable into one further common share at a price of $0.06 for a term of five years. Up to $350,000 of the Offering will consist of flowthrough shares.

The Placement is a condition to closing the property acquisition detailed in news releases dated December 22, 2015 and February 25 and 26, 2016 (the “Property Transaction”).

The proceeds from the sale of the flow-through portion of the Offering will be used as to a minimum of $155,000 towards the Phase I recommended exploration program on the Bazooka property, and the balance on exploration programs thereafter as recommended by the Company’s Qualified Persons. The proceeds from the sale of the non flow-through portion of the Offering will be used for general working capital.

In addition to relying upon other available prospectus exemptions to effect the private placement, the Company intends to rely upon BC Instrument 45-536 (distribution through an investment dealer).

NI 43-101 technical reports on the Bazooka property dated March 20, 2016 and the Arrowhead property dated March 20, 2016 have been filed on SEDAR at www.sedar.com.

Closing of the Placement is subject to acceptance by the TSXV. If the Placement does not close by May 31, 2016, the Property Transaction may not proceed.

FOR FURTHER INFORMATION CONTACT:

Fred Kiernicki 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.

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