Opawica Explorations Inc. (TSXV:OPW) agreed to acquire Cornwall property in the Kootenay Terrane of South-Eastern British Columbia for CAD 0.42 million on October 3, 2022. Opawica Explorations has agreed to issue 10 million common shares and pay CAD 20,000 in cash to arms length vendors. The Company does not expect to assume any material liabilities in connection with the completion of the transaction.

The agreement is subject to a 2% net smelter royalty of which one percent can be purchased for CAD 1 million. The transaction will not result in the creation of a new insider or a change of control of Opawica Explorations within the meaning of applicable securities laws. Completion of the transaction remains subject to the approval of the TSX Venture Exchange and consummation of due diligence.