Opawica Explorations Inc.

Opawica Explorations Inc.

March 30, 2006 15:23 ET

Opawica Explorations Inc.: News Release

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2006) - Opawica Explorations Inc. ("OPW"/the "Company")(TSX:OPW) announces that it will not be proceeding with the proposed non-brokered private placement of 4,750,000 units of the Company at a price of $0.125 per unit, which was announced on March 7, 2004. As the private placement has been cancelled, no finder's fee will be paid as previously announced.

The recent exercise of outstanding share purchase warrants has provided the Company with sufficient working capital at this time.

On behalf of the Board

Dan M. Clark, President

Contact Information

  • Opawica Explorations Inc.
    Dan M. Clark
    (604) 681-3170
    (604) 681-3552 (FAX)