VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 10, 2007) - Opawica Explorations Inc. ("Opawica" / the "Company") (TSX:OPW) announces that the Company has received TSX consent to consolidate its outstanding share capital on a ten (10) old for one (1) new share basis. The above share consolidation was approved by the shareholders of the Company on July 10, 2007.
The effective date of the consolidation is Friday, December 14, 2007, at which time the Company's common shares will commence trading on a consolidated basis. Fractional shares resulting from the consolidation will be rounded to the closest whole share pursuant to the BC Business Corporations Act.
Opawica's common shares will continue to trade on the TSX under the Company's same symbol "OPW".
Warrants: 17,147,813 @ $0.07 to $0.09
Shares Issued: 134,959,180
Stock Options: 8,850,000 @ $0.07
Restricted Shares: 17,745,313
FOR FURTHER INFORMATION PLEASE CONTACT:
Opawica Explorations Inc.
Dan M. Clark
President
(604) 681-3170
(604) 681-3552 (FAX)
Website: www.opawica.com
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