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Opawica Explorations settles $23,340 debt by issuing shares to preserve cash.

Company Fundamentals
04 Jun 2026
TheNewswire
View Source
Neutral
pluang ai news

Opawica Explorations Inc. has agreed to settle an outstanding debt of $23,340 with an independent consultant by issuing 186,720 common shares at a price of $0.125 per share. This debt settlement, pending approval from the TSX Venture Exchange, will help the company conserve cash for working capital. The issued shares will be subject to a hold period of four months and one day. This move supports Opawica's strategy to maintain financial flexibility while continuing its exploration projects in Québec's Abitibi Gold Belt region.

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