OPW:CC - Opawica Explorations Announces Investor Relations Agreement
(TheNewswire)
Vancouver, B.C. – TheNewswire - June 7 th 2024 - Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD)(OTC: OPWEF) (the "Company" or "Opawica") ispleased announce the Company has enteredinto a service agreement with White Rabbit Projects Pte. Ltd.(“White Rabbit”) dated June 6, 2024 ,pursuant to which White Rabbit will facilitate a marketing campaign onbehalf of the Company for a total retainer of up to US$220,000 over aterm of up to six months or until the retainer is otherwise depleted.White Rabbit delivers communication strategy, capital markets servicesand IR coordination efforts with a core focus on corporate brandbuilding and awareness. White Rabbit is a Singapore basedinvestor relations company owned and founded by Hamid Kazemzadeh. White Rabbit nor its principals hold no interest in securities ofthe Company or any right to acquire such interests.
As part of the White Rabbit agreement, White Rabbitwill onboard Native Ads, Inc. to execute a comprehensive digital mediaadvertising campaign on behalf of the Company for a total retainer ofup to US$180,000 over a term of up to six months or until the retaineris otherwise depleted. A significant portion of the budget outlay willbe allocated to cost per click costs, media buying, contentdistribution and search engine marketing. The remaining budget will beallocated for content creation, web development, advertising creativedevelopment, search engine optimization, campaign optimization, andreporting and data insights services. Native Ads is a full-serviceadvertising agency based out of New York, NY and Vancouver, BC. Native Ads and its principal Jon Malach are arm’s length to theCompany and hold no interest, directly or indirectly, in thesecurities of the Company or any right to acquire such an interest.The engagement of Native Ads is subject to the approval of the TSXVenture Exchange.
Further to the news dated June 6th, 2024, the Companywould like to announce that one director of the Company participatedin the private placement offering, purchasing 1,000,000 units. Thisconstitutes a related party transaction under TSXV Policy 5.9 andMultilateral Instrument 61-101 - Protection of Minority SecurityHolders in Special Transactions ("MI 61-101"). The Companyrelied on Section 5.5(a) of MI 61-101 for an exemption from the formalvaluation requirement and Section 5.7(1)(a) of MI 61-101 for anexemption from the minority shareholder approval requirement, whichare available where the fair market value of the transaction insofaras the transaction involved the interested party does not exceed 25%of the Company's market capitalization.
About Opawica ExplorationsInc.
Opawica Explorations is a junior Canadian exploration company with astrong portfolio of precious and base metal properties within theRouyn-Noranda region of the Abitibi gold belt in Quebec. The company'smanagement has a great record in discovering and developing successfulexploration projects. The company's objective is to increaseshareholder value through the development of exploration propertiesusing cost-effective exploration practices, acquiring furtherexploration properties and seeking partnerships by either jointventure or sale with industry leaders.
FOR FURTHERINFORMATION CONTACT
Blake Morgan
President and Chief Executive Officer
Telephone: 604-681-3170
Fax: 604-681-3552
Neither the TSX Venture Exchange nor itsRegulation Service Provider (as the term is defined in the policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy ofaccuracy of this news release. Forward-Looking Statements This newsrelease contains certain forward-looking statements, which relate tofuture events or future performance and reflect management’s currentexpectations and assumptions. Such forward-looking statements reflectmanagement’s current beliefs and are based on assumptions made by and information currentlyavailable to the Company. Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks inthe mining industry. All the forward-looking statements made in thisnews release are qualified by these cautionary statements and those inour continuous disclosure filings available on SEDAR at www.sedar.com.These forward-looking statements are made as of the date hereof andthe Company does not assume any obligation to update or revise them toreflect new events or circumstances save as required by applicablelaw.
Copyright (c) 2024 TheNewswire - All rights reserved.