By Devika Patel
Knoxville, Tenn., Sep. 23 - Opawica Explorations Inc. said it plans to conduct a non-brokered private placement of stock for between C$1 million and C$1.28 million.
The company will sell between 2.5 million and 3.2 million shares at C$0.40 apiece.
Proceeds will be used for the continued exploration and related works primarily on the Atikwa Lake property.
Vancouver, B.C.-based Opawica is a gold exploration company.
| Issuer: | Opawica Explorations Inc.
|
| Issue: | Shares
|
| Amount: | C$1 million (minimum), C$1.28 million (maximum)
|
| Shares: | 2.5 million (minimum), 3.2 million (maximum)
|
| Price: | C$0.40
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Sept. 23
|
| Stock symbol: | Toronto: OPW
|
| Stock price: | C$0.42 at close Sept. 22
|
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