Opawica Explorations ( (TSE:OPW) ) has provided an update.
Opawica Explorations Inc. announced a non-brokered private placement aiming to raise CAD $300,000 by issuing 1,500,000 units at $0.20 per unit. The proceeds will be used for exploration at the Arrowhead and Bazooka properties, general working capital, and market awareness. This move is expected to enhance the company’s exploration capabilities and strengthen its position in the mineral exploration industry.
More about Opawica Explorations
Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties in the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The company focuses on increasing shareholder value through cost-effective exploration practices, acquiring additional exploration properties, and forming partnerships through joint ventures or sales.
Average Trading Volume: 53,417
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.19M
Learn more about OPW stock on TipRanks’ Stock Analysis page.