EANS-News: Opawica Exploration Inc. / Opawica Explorations Inc. announces private placement

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Financing, Stock Offerings (IPO)/private placement

VANCOUVER, Canada (euro adhoc) - Opawica Explorations Inc. (TSX.V:
OPW / OTC: OPWEF / Frankfurt: OE5A) ("Opawica" / the "Company")
announces a $400,000 private placement unit of offering (the
"Offering").

The Offering consists of up to 4,000,000 units at $0.10 per unit.
Each unit consists of one flow-through share with a half warrant
attached to each share. One full warrant entitles the holder to
acquire one further non-flow-through share of the Company at $0.15
per share for a one year term.

Insiders will subscribe for up to 1,000,000 units of the offering. In
addition, finders fees are payable on non-insider participation of 8%
in cash and 8% in compensation warrants. Compensation warrants are
exercisable into common shares of the Company at $0.10 per share for
a one year term.

The private placement is subject to regulatory approvals and filings.

Neither 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.
The forgoing information may contain forward-looking statements
relating to the future performance of the Company. Forward looking
statements, specifically those concerning future performance or
events, are subject to certain risks and uncertainties, and actual
results may differ materially. These risks and uncertainties are
detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.

end of announcement euro adhoc
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ots Originaltext: Opawica Exploration Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Jonathan Samuda, Director / Corporate Secretary, Tel: (604) 681-3170, Fax: (604)
681-3552, Website: www.opawica.com

Branche: Metals & Minerals
ISIN: CA6834762040
WKN: A0M91Y
Börsen: Frankfurt / Open Market
Berlin / free trade