Omega Pacific Closes Non-Brokered Private Placement

Core Points - Omega Pacific Resources Ltd. has closed a final tranche of its non-brokered private placement, raising gross proceeds of $200,000 by selling 1,600,000 flow-through units at a price of $0.125 per unit [1] - The proceeds from the offering will be allocated to a planned exploration program on the Williams Property in British Columbia's Toodoggone District [1] Financial Details - Each flow-through unit consists of one flow-through common share and one share purchase warrant, which can be exercised into an additional non-flow-through common share at a price of $0.15 for a period of two years [2] - The company paid $16,000 in cash and issued 128,000 finder's warrants to eligible finders in connection with the sale of the units [3] Tax and Regulatory Information - The flow-through shares qualify as "flow-through shares" under the Income Tax Act (Canada), and the proceeds will be used to incur "Canadian exploration expense" [4] - All securities issued are subject to a hold period of four months and one day from the date of issuance [3] Exploration Strategy - The Williams Property hosts a robust, bulk tonnage epithermal gold system, with significant gold mineralization identified in previous drill holes [6] - The 2025 exploration program will focus on a 1,400 x 400 m zone to extend mineralization from 2024 drill locations [6] Company Overview - Omega Pacific Resources Ltd. is a Canadian mineral exploration company focused on discovering and developing precious metal projects in British Columbia [7] - The company is committed to responsible exploration and the judicious use of capital [7]