Agoracom

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 2, 2008) - Opawica Explorations Inc. (TSX:OPW)("Opawica" / the "Company") announces that the flow-through private placements unit offering announced on December 27, 2007 closed on December 31, 2007.

This flow-through private placement offering consists of 1,000,000 units at $0.36 per unit for proceeds of $360,000. Each unit is comprised of one "flow-through" common share with a share purchase warrant attached to each share. Each warrant entitles the holder to acquire one further (non-flow-through) common share of the Company at $0.36 per share over a one year term. Insiders of the Company subscribed for a total of 544,000 units of this placement. The proceeds derived from this offering will be applied to qualified CEE expenditures in respect of the Company's ongoing exploration associated with its Atikwa Lake copper-gold property near Kenora, Ontario and the Dingman gold property in south eastern, Ontario.

All of the shares and warrants issued pursuant to the aforesaid private placements are subject to a four-month hold ending April 30, 2008.

Warrants: 744,531 @ $0.80 to $0.90 & 1M @ $0.36

Shares Issued: 14,495,918

Stock Options: 885,000 @ $0.70 and $0.90

Restricted Shares: 2,900,531

FOR FURTHER INFORMATION PLEASE CONTACT:

Opawica Explorations Inc.

Dan M. Clark

President

(604) 681-3170

(604) 681-3552 (FAX)

Website: www.opawica.com