Opawica Explorations Inc. — Capital/Financing Update 2021

Feb 9, 2021

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1100 – 595 Howe Street, Vancouver, BC Canada V6C 2T5 T (604) 681-3170, F (604) 681-3552, info@opawica.com www.opawica.com

OPAWICA EXPLORATIONS INC. GRANTS STOCK OPTIONS

Vancouver, B.C. – February 8, 2021 – Opawica Explorations Inc. (the “Company”) (TSX.V: OPW) announces that it has granted 535,000 incentive stock options to a director and an officer of the Company that are exercisable at $0.26 per common share over a five year term, in accordance with the Company’s stock option plan. The stock options are subject to the acceptance of the TSX Venture Exchange.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan 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.