Omega Pacific Announces Private Placement

Core Viewpoint - Omega Pacific Resources Ltd. is initiating a non-brokered private placement financing of up to $1,975,000 to support its exploration initiatives at the Williams Property in British Columbia, Canada [1]. Offering Terms - The Offering will consist of flow-through units (FT Units) and non flow-through units (NFT Units) [2]. - Proceeds from FT Units will be used for eligible Canadian exploration expenses related to the Williams Property, with all qualifying expenditures renounced in favor of subscribers by December 31, 2025 [2]. - Net proceeds from NFT Units will be allocated for exploration and development of the Williams Property and general working capital [2]. Financial Details - The Offering includes 7,400,000 FT Units priced at $0.135 each, with each unit comprising one flow-through common share and one share purchase warrant [7]. - Additionally, 9,500,000 NFT Units will be offered at $0.10 each, with each unit consisting of one non flow-through common share and one share purchase warrant [7]. Exploration Strategy - The GIC Prospect at the Williams Property features a significant bulk tonnage epithermal gold system, with previous drill holes showing promising gold mineralization [5]. - The 2025 exploration program will focus on a 1,400 x 400 m zone to extend mineralization from 2024 drill locations [5]. Company Overview - Omega Pacific Resources Ltd. is a Canadian mineral exploration company dedicated to discovering and developing precious metal projects in British Columbia, while also evaluating prospective assets both domestically and internationally [8].