Opawica Explorations Inc (OPW) Financings
TSXV: OPW · Gold · Exploration stage
- Market cap$7.9M
- Share price$0.140
- 52-week range$0.070 – $0.165
- Shares outstanding56,773,097
- ExchangeTSXV
- Websiteopawica.com
Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The Company's management has a great track record in discovering and developing successful exploration projects. The Company's objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.
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Opawica Explorations Inc financial statements
Key figures read from 37 of 37 financial statement filings, Jan 30, 2017 to Jul 23, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$116,427 | C$414,058 | C$56,365 | C$271,867 | C$3,212,531 |
| Short-term investments | C$0 | C$26,245 | C$34,800 | C$136,166 | C$560,000 |
| Total current assets | C$492,960* | C$1,252,578* | C$800,435* | C$1,105,458 | C$3,404,122 |
| Total current liabilities | C$276,672 | C$449,103 | C$601,386 | C$626,955 | C$488,648 |
| Working capital | C$216,288 | C$803,475 | C$199,049 | C$478,503 | C$2,915,474 |
| Exploration and evaluation assets | C$4,774,382 | C$3,911,700 | C$4,285,127 | C$4,369,729 | C$2,495,236 |
| Property, plant and equipment | — | C$0 | C$5,443 | C$6,517 | C$7,636 |
| Total assets | C$5,267,342 | C$5,190,523 | C$5,125,805 | C$5,617,870 | C$6,466,994 |
| Debt | — | C$0 | C$40,000 | C$40,000 | C$40,000 |
| Total liabilities | C$816,765 | C$989,196 | C$1,141,479 | C$666,955 | C$528,648 |
| Shareholders' equity | C$4,450,577 | C$4,201,327 | C$3,984,326 | C$4,950,915 | C$5,938,346 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Aug 2025 | FY Aug 2024 | FY Aug 2023 | FY Aug 2022 | FY Aug 2021 | |
|---|---|---|---|---|---|
| General and administrative | C$1,436,472 | C$206,393 | C$208,213 | C$1,525,935 | C$405,465 |
| Impairments and write-downs | — | C$0 | (C$103,085) | — | — |
| Net income (loss) | (C$2,248,315) | (C$436,902) | (C$2,004,589) | (C$2,640,849) | (C$2,797,409) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Aug 2025 | FY Aug 2024 | FY Aug 2023 | FY Aug 2022 | FY Aug 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,179,301) | (C$227,815) | (C$832,567) | (C$2,641,885) | (C$1,478,964) |
| Investing cash flow | (C$858,692) | C$20,530 | (C$20,935) | (C$2,170,992) | (C$1,262,176) |
| Financing cash flow | C$2,740,362 | C$564,978 | C$638,000 | C$1,872,213 | C$5,788,837 |
| Exploration spending (capitalized) | — | — | C$0 | (C$90,000) | (C$10,000) |
| Property, plant and equipment spending | — | C$0 | (C$148) | (C$408) | (C$8,099) |
| Proceeds from share issues | C$2,485,112 | C$594,978 | C$638,000 | C$1,872,213 | C$5,862,036 |
| Change in cash | (C$297,631) | C$357,693 | (C$215,502) | (C$2,940,664) | C$3,047,697 |
| Cash at end of period | C$116,427 | C$414,058 | C$56,365 | C$271,867 | C$3,212,531 |
Opawica Explorations Inc financings
2 financings announced or closed by Opawica Explorations Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-26 | Opawica Explorations Inc (OPW) | Flow-through, private placement, non-brokered | Announced | $1.1M | $0.170 | Opawica Explorations Announces Non-Brokered Private Placement with $1,050,000 Lead Order from Strategic Investors |
| 2026-07-24 | Opawica Explorations Inc (OPW) | Private placement, non-brokered | Closed, 1 tranche | $1.7M | $0.100 | Opawica Explorations Announces Non-Brokered Private Placement for Aggregate Proceeds of CAD $1,500,000 |